About MAG 5 Boulevard
PROJECT CONSISTS OF 13 NOS. OF G+6 RESIDENTIAL BUILDINGS LOCATED IN MADINAT AL MATAAR. THE BUILDINGS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Key information
Developer
Mag 5 Property Development
- Handover
- Q1 2020
- Status
- Handed over
- Location
- Madinat Al Mataar, Dubai
- Master project
- Dubai South Residential District
- Construction started
- 2015
- Number of buildings
- 13
- Number of units
- 1,452
- Registered with DLD
- 16 Aug 2015
- Escrow bank
- Emirates NBD
- Escrow account no.
- 0205037508002
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2015
- Handed overQ1 2020
Construction progress
137 inspection photos from the Dubai Land Department. Latest 06 Feb 2020 at 100% complete.
Amenities
Physical features recorded on the Dubai Land Department buildings register.
Covered Parking
26 Elevators
7 Floors
1,452 Residential Units
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
2,050
Median price
AED 459K
Median price / sqft
AED 870+38%
Off-plan share
61%
Priced 39% below than the Madinat Al Mataar median of AED 1K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 740 | 404 sqft | AED 372K | AED 925 |
| 1 Bed | 1,048 | 591 sqft | AED 504K | AED 857 |
| 2 Bed | 252 | 844 sqft | AED 688K | AED 818 |
| 3 Bed | 10 | 2,528 sqft | AED 1.4M | AED 540 |
Price per sqft by year
+38% since 2016AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 09 Sept 2026 | Resale | 638 sqft | AED 620K | AED 972 |
| 07 Sept 2026 | Resale | 349 sqft | AED 440K | AED 1K |
| 04 Sept 2026 | Resale | 478 sqft | AED 600K | AED 1K |
| 19 Aug 2026 | Resale | 437 sqft | AED 475K | AED 1K |
| 18 Aug 2026 | Resale | 629 sqft | AED 682K | AED 1K |
| 12 Aug 2026 | Resale | 668 sqft | AED 725K | AED 1K |
| 12 Aug 2026 | Resale | 483 sqft | AED 590K | AED 1K |
| 07 Aug 2026 | Resale | 622 sqft | AED 670K | AED 1K |
Unit mix
1,452 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Studio | 498 | 347 - 476 sqft |
| 1 B/R | 732 | 478 - 667 sqft |
| 2 B/R | 210 | 665 - 1,041 sqft |
| 3 B/R | 12 | 2,512 - 2,531 sqft |
Payment plan
Payment plans are set by Mag 5 and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Madinat Al Mataar, Dubai.
Madinat Al Mataar
Dubai, United Arab Emirates
Frequently asked questions
MAG 5 Boulevard has already been handed over (Q1 2020), according to Dubai Land Department records.
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