Mag 5 - Dubai South

INVESTOR DEAL

Brand new 2-bedroom apartment for sale with courtyard view at Mag 5 boulevard in Dubai South

Name of Project - Mag 5 - Dubai South (community project with pools / park / gym)
Handover: August 2019
Size - 661 sq ft
Asking price: 875 (385k remaining to be paid to developer on handover ). The same price as 1-bedroom
Market price: 1 million


ABOUT DUBAI SOUTH

It's 5th largest neighborhood in the world. There is metro connection. 5 km outdoor public park next to the project - walking distance
Next to :

• Al Maktoum airport (largest airport in the world)
• Expo 2020 site
• Aviation city
• Logistics city
• Trade center

DISTANCE TO:

• 10 min drive to Dubai Marina
• 15 min drive to Palm Jumeirah
• 25 min drive to Downtown
• 10 min drive to Jebel Ali
• 10 min drive to Dubai Investment Park
• 45 min drive to Abu Dhabi

Expected rental income:

yearly-based rent - 60 000 - 65 000 aed per year
dayly-base rent - 500-1000 a night (15 000 - 30 000 a month), 90 000 - 180 000 aed during expo 6 month

The area doesn’t have hotels yet.. expo is just around the corner...


Why Invest at MAG 5 Dubai South?

Located in Dubai South – which will be an economic zone to support a number of activities including logistics, aviation, commercial, exhibition, humanitarian, residential and other related businesses.
Next to Al Maktoum International Airport which has a planned annual capacity of 12 million tons of cargo and 160 million passengers.
The construction area is 140 sq. km., almost two times the size of Hong Kong Island. Dubai South is an emerging city built to support 1 million residents and create 500,000 jobs.
Ranked as the No. 1 location destination for both, villa/townhouse as well as apartment sale transactions, indicating high popularity in the market.
MAG 5 offers exceptional residential community living with 13 buildings at affordable prices.
Adjacent to Expo 2020, close to Dubai Parks and Resorts, minutes away from proposed metro station, and next to the largest linear network of parks in the UAE, ‘The Green Belt’.
Surrounded by a variety of facilities like jogging and cycling tracks, playgrounds for children, community and retail centers.
MAG 5 Boulevard is a walkable development that is set to redefine quality of life, functionality, simplicity of design and efficient use of space.
Balcony and parking spots for each unit.
Elegantly designed landscaping.
Swimming pool.
Dining and leisure outlets and activities.