A resale 1-bed in Mag 5 Boulevard (7 towers) sells for about AED 680,000
Figures for Mag 5 Boulevard (7 towers): median of 43 resale sales in the 12 months to 20 Oct 2026, from Land Department records. Last sale in the tower: 7 Oct 2026.
- The project
- It has 13 six-storey buildings with 528 apartments. The homes are studios and one-, two- and three-bedroom units. Sources: mag.global
- The market says
- In Mag 5 Boulevard (7 towers): 85 resales in the 12 months to 20 Oct 2026 at AED 1,116 per sq ft (up 10% like for like in a year).
“Mag 5 Boulevard (7 towers) had 85 resales in the 12 months to 20 Oct 2026 at about AED 1,116 per sq ft, but too few owners have sold twice for me to quote a return. I would price it from the last sale of the same layout, and I would not pay more for a promise.”
- Size
- 6 floors · 86 units
- Google rating
- 4.4 (14 ratings)
- Shops and food
- 2 places to eat within 300 m
Pictures of MAG 550
Photo: Aabid Abdullah, Google Maps
Photo: Aabid Abdullah, Google Maps
Photo: Puneet Kinger, Google Maps
10 pictures of this building: developer renders, photos. Each shows its source; select one to open it there. A drawing is made by BUY DUBAI from real pictures and is marked as a drawing.
From the developer: MAG Property Development
What MAG Property Development publishes about MAG 550. Pictures are the developer's artist's impressions, not photos of the building. Each fact shows where it comes from; a fact read from the developer's text is checked word for word.
Artist's impression · MAG Property Development · source
- Towers
- 13 mag.global
- Floors
- 6 mag.global
- Homes
- 528 mag.global
- Unit types
- Studio, 1 bedroom, 2 bedroom, 3 bedroom mag.global
- Location
- Dubai South, Dubai mag.global
Documents
- Developer web page · mag.global
Checked, not found: floor plans, a video, a brochure or other PDF. We searched the developer site and the web on 13 Oct 2026. Ask MAG Property Development for the latest brochure and floor plans.
Photos: lobby, view from the tower, outside of the tower, parking
8 photos of MAG 550 from Google Maps, each with a label for what it shows. Select a photo to open it on Google Maps.
Seating area with teal sofas and horse artwork
Photo: Vishnuraj Rajagopal, Google Maps
Teal armchair, sofa, and coffee tables by stone wall
Photo: Vishnuraj Rajagopal, Google Maps
Night view of courtyard, pool, and neighboring buildings
Photo: Puneet Kinger, Google Maps
Dusk view of buildings, pool, and parking area
Photo: Aamir M Mallick, Google Maps
Paved street with apartment buildings and parked cars
Photo: Aabid Abdullah, Google Maps
Parking bays and barrier at sunset
Photo: Puneet Kinger, Google Maps
Parked cars near barrier at dusk
Photo: Puneet Kinger, Google Maps
Parking lot with MAG 550 direction sign
Photo: Puneet Kinger, Google Maps
MAG 550 on the map
Three views of the same place, from the same direction. The other towers we cover are on all three: click one to open its page.
The map loads when you reach it.
3D: AI picture models of our towers (height and position from the map, detail approximate) and blocks from OpenStreetMap heights.
Resale and off-plan prices by bedroom
Resale = a completed home sold on. Off-plan = a home sold before the tower is complete, by the developer or by an earlier buyer (a Land Department "delayed sell"). The two are different markets, so we never mix them in one price. Sold = median price of sales in the 12 months to 20 Oct 2026. Asking and rent = live listings on 7 Oct 2026. Counts are in brackets. A sold median needs 10 sales, an advert median 3 adverts.
Figures for Mag 5 Boulevard (7 towers). This building is not shown on its own in the Land Department record, so the figures on this page are for every home sale in that project.
| Type | Resale: sold | Resale: per sq ft |
|---|---|---|
| Studio | AED 478,000 (23) | 1,253 |
| 1-bed | AED 680,000 (43) | 1,121 |
| 2-bed | AED 990,000 (17) | 1,057 |
Sold prices: Land Department sale records to 20 Oct 2026, BUY DUBAI facts cube. Asking and rent are adverts, not contracts.
Sales we leave out of every median, count and chart (0 of 50 here): bulk transfers, meaning 5 or more completed homes sold within two days at prices per sq ft within 25% of each other (0); a sale at exactly the same price as that unit's sale before (0); a size more than 1.6 times the usual size for the recorded type, or a "studio" above 750 sq ft (0). They stay in the list below with a label.
Resale price per sq ft rose 10% in a year like for like
Median AED 1,116 per sq ft in the last 12 months (85 resale sales) against AED 1,036 in the 12 months before (167 resale sales). Like for like compares the same bed sizes as the year before.
Figures for Mag 5 Boulevard (7 towers). This building is not shown on its own in the Land Department record, so the figures on this page are for every home sale in that project.
Bars: median AED per sq ft by quarter. Blue line and blue numbers under the bars: number of sales in the quarter. Last 16 quarters at most; Land Department records, quarters with 10 or more sales.
Every sale since 2020: 50 sales of 46 units
Newest first. Each sale is marked Resale or Off-plan. The last column shows the change from the same unit's sale before.
| Unit | Type | Sq ft | Price | AED per sq ft | Date | Market | Against the sale before |
|---|---|---|---|---|---|---|---|
| 614 | 2-bed | 965 | AED 999,000 | 1,035 | 7 Oct 2026 | Resale | |
| 602 | 1-bed | 667 | AED 727,000 | 1,090 | 8 May 2026 | Resale | |
| 603 | Studio | 476 | AED 430,000 | 903 | 6 May 2026 | Resale | +15% from AED 375,000 in 2024 |
| 606 | 1-bed | 667 | AED 750,000 | 1,124 | 25 Dec 2025 | Resale | |
| 314 | 2-bed | 965 | AED 1,100,000 | 1,140 | 17 Dec 2025 | Resale | |
| 205 | 2-bed | 1,005 | AED 990,000 | 985 | 12 Dec 2025 | Resale | |
| 503 | Studio | 476 | AED 525,000 | 1,102 | 31 Oct 2025 | Resale | +31% from AED 400,000 in 2025 |
| 512 | 1-bed | 635 | AED 650,000 | 1,023 | 8 Oct 2025 | Resale | |
| 307 | Studio | 473 | AED 500,000 | 1,056 | 18 Sep 2025 | Resale | +61% from AED 310,000 in 2023 |
| 408 | 1-bed | 642 | AED 700,000 | 1,090 | 29 Jul 2025 | Resale | |
| 503 | Studio | 476 | AED 400,000 | 840 | 4 Jun 2025 | Resale | |
| 404 | 1-bed | 642 | AED 630,000 | 981 | 7 Apr 2025 | Resale | |
| 607 | Studio | 473 | AED 465,000 | 982 | 21 Feb 2025 | Resale | |
| 608 | 1-bed | 642 | AED 645,000 | 1,004 | 31 Jan 2025 | Resale | |
| 609 | 1-bed | 639 | AED 495,000 | 775 | 31 Jan 2025 | Resale | |
| 508 | 1-bed | 642 | AED 645,000 | 1,004 | 7 Jan 2025 | Resale | |
| 214 | 2-bed | 965 | AED 926,100 | 959 | 17 Dec 2024 | Resale | |
| 312 | 1-bed | 635 | AED 535,000 | 842 | 18 Sep 2024 | Resale | |
| 504 | 1-bed | 642 | AED 600,000 | 934 | 10 Sep 2024 | Resale | |
| 306 | 1-bed | 666 | AED 640,000 | 961 | 23 Aug 2024 | Resale | |
| 514 | 2-bed | 965 | AED 925,000 | 958 | 22 Aug 2024 | Resale | |
| 102 | 1-bed | 666 | AED 545,000 | 818 | 16 Jul 2024 | Resale | |
| 208 | 1-bed | 642 | AED 550,000 | 856 | 4 Jul 2024 | Resale | |
| 114 | 2-bed | 965 | AED 905,000 | 938 | 10 Jun 2024 | Resale | |
| 313 | 2-bed | 965 | AED 905,000 | 938 | 10 Jun 2024 | Resale | |
| 109 | 1-bed | 638 | AED 520,000 | 815 | 6 Jun 2024 | Resale | |
| 203 | Studio | 476 | AED 415,000 | 871 | 3 Jun 2024 | Resale | |
| 108 | 1-bed | 642 | AED 550,000 | 856 | 16 May 2024 | Resale | |
| 207 | Studio | 473 | AED 390,000 | 824 | 10 May 2024 | Resale | |
| 308 | 1-bed | 642 | AED 530,000 | 825 | 3 May 2024 | Resale | |
| 506 | 1-bed | 667 | AED 400,000 | 600 | 4 Mar 2024 | Resale | |
| 210 | 1-bed | 638 | AED 490,000 | 768 | 5 Feb 2024 | Resale | |
| 603 | Studio | 476 | AED 375,000 | 787 | 23 Jan 2024 | Resale | +25% from AED 300,000 in 2022 |
| 202 | 1-bed | 666 | AED 460,000 | 691 | 16 Jan 2024 | Resale | |
| 411 | 1-bed | 634 | AED 450,000 | 710 | 25 Oct 2023 | Resale | |
| 204 | 1-bed | 642 | AED 440,000 | 685 | 24 Oct 2023 | Resale | |
| 409 | 1-bed | 638 | AED 440,000 | 690 | 31 Jul 2023 | Resale | |
| 105 | 2-bed | 1,005 | AED 715,920 | 712 | 22 Jun 2023 | Resale | |
| 307 | Studio | 473 | AED 310,000 | 655 | 8 Jun 2023 | Resale | |
| 604 | 1-bed | 642 | AED 470,000 | 732 | 25 May 2023 | Resale | |
| 301 | 2-bed | 1,040 | AED 718,598 | 691 | 3 Feb 2023 | Resale | |
| 513 | 2-bed | 965 | AED 685,000 | 710 | 3 Feb 2023 | Resale | |
| 501 | 2-bed | 1,041 | AED 697,881 | 671 | 14 Dec 2022 | Resale | |
| 407 | Studio | 473 | AED 312,000 | 659 | 14 Oct 2022 | Resale | |
| 403 | Studio | 476 | AED 312,700 | 657 | 26 Sep 2022 | Resale | |
| 613 | 2-bed | 965 | AED 885,329 | 917 | 24 May 2022 | Resale | |
| 603 | Studio | 476 | AED 300,000 | 630 | 11 Mar 2022 | Resale | |
| 305 | 2-bed | 1,005 | AED 850,000 | 846 | 26 Oct 2021 | Resale | |
| 201 | 2-bed | 1,040 | AED 700,000 | 673 | 26 Feb 2020 | Resale | |
| 304 | 1-bed | 642 | AED 450,000 | 701 | 2 Feb 2020 | Resale |
The official record
Checked, not found. We could not match this tower to a building name in the Dubai Land Department register, so sales before 2020, offices, shops, mortgages and gifts are not shown.
Sales, price cuts, new adverts, rents and news, on WhatsApp. You choose what and how often.
Which side faces what
The direction of each landmark from MAG 550, and the towers within 150 m that can stand in the way. What a home really sees depends on its floor and its side of the building. We do not have the unit positions for this tower yet, so we cannot tell you the view of one unit.
| Side | What lies that way |
|---|---|
| North | MAG 555, a tower 66 m away · MAG 560, a tower 130 m away · Burj Al Arab and the sea 21.8 km · Meydan racecourse 24.0 km · Sheikh Zayed Road 27.0 km · Dubai Design District 27.3 km · Burj Khalifa 27.9 km · Jumeirah beach and the sea 28.4 km · Dubai Creek and Ras Al Khor 28.8 km · DIFC 29.6 km |
| North-east | MAG 525, a tower 133 m away · MAG 520, a tower 140 m away |
| South-east | MAG 540, a tower 130 m away |
| South | MAG 545, a tower 65 m away |
| North-west | Dubai Marina skyline 17.1 km |
What residents say: 4.4 from 14 Google ratings
We read the 6 newest Google reviews that have text (of 14 fetched; the tower has 14 ratings), dated 2020-08 to 2026-09. A review is one resident's statement. We show counts, not quotes.
No problem is named by 2 or more reviews.
On the plus side
- Quiet, peaceful community (3 reviews)
- Large pool and good facilities (2 reviews)
- Clean building (2 reviews)
- Kids' play area and family-friendly (2 reviews)
- Helpful security (1 review)
- Affordable rent (1 review)
The building: 18 of 53 questions answered
Each answer names its source. Questions with no answer are listed as "checked, not found" so you know we looked.
- Developer
- MAG Group (MAG 5 Property Development L.L.C)
- Completed
- 2019
- Floors
- 6
- Apartments
- 86
- Cooling
- South Energy
- Unit mix
- Studio (about 475 sq ft), 1-bed (about 635-667 sq ft), 2-bed (about 965-1,041 sq ft) and 3-bed (about 2,520 sq ft; 2 units). 86 registered units: 12 studios, 48 one-beds, 24 two-beds, 2 three-beds.
Amenities: Gym, Swimming pool, Kids' play area, 24-hour security and CCTV, Covered parking (one per unit), Concierge / help desk, Pets allowed, Jogging and cycling tracks, Landscaped gardens
Where sources disagree
- Completion year: a guide says handed over in 2019, while the McCone page says handed over 2022, derived from register data.
- Sales count: Property Index shows 115 sales on its page, but its search results says 114.
- Price per sq ft: Property Index shows AED 1,052 on the page, AED 1,036 in the peer table and AED 1,057 in the search results; McCone gives AED 936.
- Units: Another source says MAG 5 Boulevard has 528 apartments in 13 buildings (also described as seven buildings elsewhere on the same page), while Property Index counts 86 registered units in MAG 550 alone.
- Studio rent: McCone uses the DLD area Madinat Al Mataar (community-wide), so its yields are not for this tower alone.
Watch-outs
Overall rating
Security staff
Small apartments
Is cooling billed separately (district cooling)?
Maintenance and cleanliness of common areas
Building
Floors, apartments and completion year
What do residents say about the pool?
Is there a doorman or concierge?
Can you use the balcony?
What do residents say on the plus side?
Amenities list
Developer
Who is the developer?
Management
How do you reach them?
People
Who are my neighbours?
Parking
Resident parking
Guest parking
Around
Entertainment within a 15-minute walk
Metro and public transport
Around MAG 550
Price against the nearest towers
| Tower | Distance | AED per sq ft, 12 months (sales) |
|---|---|---|
| MAG 550 (this tower) | – | 1,090 (7) |
| MAG 545 | 65 m | 1,059 (6) |
| MAG 555 | 66 m | 1,273 (8) |
| MAG 560 | 130 m | – (4) |
| MAG 540 | 130 m | 1,187 (5) |
| MAG 525 | 133 m | 1,072 (9) |
| MAG 520 | 140 m | 1,234 (9) |
| MAG 530 | 168 m | 1,134 (5) |
| MAG 515 | 173 m | 1,092 (6) |
Drive times with no traffic
| To | Time | Distance |
|---|---|---|
| Dubai Mall | 38 min | 40.6 km |
| DIFC Gate | 38 min | 41.4 km |
| DXB Terminal 3 | 56 min | 52.4 km |
| Dubai Marina Mall | 36 min | 31.7 km |
| Mall of the Emirates | 28 min | 28.4 km |
| Kite Beach | 34 min | 34.3 km |
| DWC airport | 25 min | 14.8 km |
OSRM routing on OpenStreetMap roads. Real times in traffic are longer.
Shops, food and services
Google Maps lists no shop or restaurant at this address.
Food and drink within 300 m: 2
| Food Land Restaurant & Grill | Restaurant | 243 m | 3.3 (124) |
| Talal Market - Dubai South DWC | Supermarket | 266 m | 4.8 (144) |
Other shops within 300 m: 4
| North & Novak – The Modern Classic | Clothing Store | 173 m | 5 (1) |
| SRB Wheels | Toy Store | 179 m | 4.8 (6) |
| Calma Candles | Home Goods Store | 231 m | – |
| Thunder Battery Rescue | Auto Parts Store | 246 m | – |
Services within 300 m: 4
| Olive Ladies Salon - Dubai South | Beauty Salon | 245 m | 4.6 (342) |
| Lustre Gents Salon | Hair Salon | 246 m | 4.4 (70) |
| QUICK LAUNDRY SERVICE | Laundry | 249 m | 3.6 (32) |
| Emirates NBD ATM & CDM | ATM | 254 m | 5 (1) |
Schools and nurseries within 1.5 km: 1
| Cherry Tree Nursery - Dubai South - DWC | Preschool | 574 m | 4.9 (104) |
Source: Google Maps, read 21 Oct 2026. Straight-line distance from the tower. Each list shows the 10 nearest. Open the name to see it on Google Maps.
Own a unit here?
Ask for a report on your unit: its sales history, the same type's sales in the last 12 months and the homes for sale against it. A licensed partner agent, named on the report with the registration number, sends it. BUY DUBAI is not a broker and takes no part in the sale.
Method, sources and what we did not find
- Sales: unit-level Dubai Land Department sale records, 2 Feb 2020 to 19 Oct 2026, checked by year against Dubai Land Department open data. Our unit list does not hold every sale, so some sales are missing.
- Listings: one snapshot, 7 Oct 2026. Asking prices and asking rents.
- Residents and building facts: Google Maps reviews and guide pages (drivenproperties.com, live adverts: community guide, mcconeproperties.com, propertyindex.ae), read by an AI model on 21 Oct 2026 with a fixed question list. A script checks that each answer names its source.
- Nobody visited the tower. Every fact is from a document, a map or a resident's review.
- Checked, not found for this tower: a floor plan document, unit positions on a floor, the side and view of each unit, a licensed photo.
Corrections
Found an error? Tell us what is wrong and how you know. We check it, correct the page and list the change here.
Change log: 21 Oct 2026 first build of this page. No correction yet.