DLD open data through 22 October 2026 · updated weeklyIndependent: no developer or broker pays to appear or to rank.
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Mag 5 Boulevard

Completed

by Mag 5 Property Development · Dubai South

Updated 22 October 2026 · Source: DLD open data · Information, not financial advice. Not an official DLD product.

The median sale price in Mag 5 Boulevard is AED 660,000 (AED 1,117 per sqft), 18% below the Dubai South median of AED 1,360 per sqft, from 94 sales in the last 12 months. It is completed and trades as ready homes. The escrow account is at Emirates Nbd Bank (P.J.S.C).

Build progress100%
Planned handoverFeb 2020
Units1,452
Median priceAED 660,000middle half AED 540K to AED 744K
Price / sqftAED 1,117area median AED 1,360
Sales, 12 months942,086 since launch

Schedule check

Completed. Units trade as ready homes.

Progress gap compares build progress with the share of planned time already used. A project 40% built after using 60% of its planned time shows -20 pts.

Registry details

Project number1673
DeveloperMag 5 Property Development
BrandMAG
Escrow bankEmirates Nbd Bank (P.J.S.C)
Start date1 November 2015
Registered16 August 2015
DLD areaMadinat Al Mataar
CommunityDubai South

Compare with other projects in Dubai South

ProjectDeveloperStatusMedian pricePrice / sqftSales
Mag 5 BoulevardMag 5 Property DevelopmentReadyAED 660K1,11794
Windsor HouseEllington Sb Development3%AED 1.55M1,459407
CelestiaDamac DevelopmentReadyAED 540K1,11885
Windsor House IiEllington Properties Development1%AED 1.65M1,541399
Avenew888-LoomAvenew Real Estate Development2%AED 1.03M1,429225
Enre Residence By ImtiazImtiaz South Real Estate Development15%AED 1.36M1,571125
Avenew888 - ModoAvenew Real Estate Development21%AED 1.43M1,35091

Areas: Dubai South

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Questions buyers ask

How much does a home in Mag 5 Boulevard cost?

The median DLD sale price is AED 660,000 (AED 1,117 per sqft), from 94 sales in the last 12 months. The middle half of sales ran from AED 540,000 – AED 743,750.

Is Mag 5 Boulevard completed?

Yes. The DLD registry lists the project as completed, so units trade as ready homes.

Who is the developer of Mag 5 Boulevard?

Mag 5 Property Development. The DLD registry lists 1 projects by this developer, 1 of them completed.

Ask before you buy off-plan

  • Is the project registered with DLD and is the escrow account in the developer's name at the bank shown here?
  • What share of the price must be paid before the developer allows resale?
  • What does the sale agreement say about delay compensation and the latest handover date?
  • Is the payment plan linked to construction milestones or to calendar dates?
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Source: DLD project registry and sales, via Dubai Data. Data through 22 October 2026. Registry dates can lag official extensions. Source · ZoneIQ gives information, not financial or investment advice. Figures are medians and estimates. Check any unit yourself before you commit.