MAG 5 Boulevard, Dubai South Residential District: sale prices and transactions
MAG 5 Boulevard is a project registered with the Dubai Land Department (project no. 1673) in Dubai South Residential District. Since April 2016, 2,062 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 87 sales closed at a median AED 12,043 per m² (AED 1,119 per sq ft).
- AED 12,043median price per m²
- AED 1,119median price per sq ft
- 2,062sales since 2016
- 87sales in 12 months
- +8%change year on year
Its price per m² is 17.8% below the Dubai South Residential District median (AED 14,646/m²). Sales combine off-plan purchases (60.8%) and resales of completed homes.
MAG 5 Boulevard prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · Studio | 23 | AED 478,000 | 36 m² |
| Apartment · 1 bedroom | 44 | AED 681,000 | 59 m² |
| Apartment · 2 bedrooms | 18 | AED 970,000 | 90 m² |
MAG 5 Boulevard price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2019 | 296 | AED 9,463 | AED 879 | — |
| 2020 | 91 | AED 8,969 | AED 833 | -5.2% |
| 2021 | 77 | AED 7,544 | AED 701 | -15.9% |
| 2022 | 111 | AED 7,486 | AED 695 | -0.8% |
| 2023 | 128 | AED 7,944 | AED 738 | +6.1% |
| 2024 | 206 | AED 9,834 | AED 914 | +23.8% |
| 2025 | 164 | AED 11,328 | AED 1,052 | +15.2% |
| 2026 (to mid-October) | 61 | AED 12,011 | AED 1,116 | +6% |
MAG 5 Boulevard rents
907 Ejari contracts started in the project over the last 12 months. Indicative gross yield: studio 8%, 1 bedroom 7.3%, 2 bedrooms 6.7%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · Studio | 338 | AED 38,250 | 36,000 – 42,000 | AED 40,000 |
| Apartment · 1 bedroom | 467 | AED 50,000 | 45,000 – 55,000 | AED 52,000 |
| Apartment · 2 bedrooms | 100 | AED 65,000 | 55,232 – 75,000 | AED 67,000 |
Buildings recorded in sales
- MAG 565
- MAG 510
- MAG 515
- MAG 560
- MAG 520
- MAG 555
- MAG 505
- MAG 525
- MAG 530
- MAG 535
- MAG 540
- MAG 550
Location
- Landmark: Expo 2020 Site
Neighbouring projects in Dubai South Residential District
Same price per m² elsewhere in Dubai
- Remraam - Al Ramth, Remraam — AED 12,037/m²
- The Wings, Arjan — AED 12,050/m²
- Urbana, Dubai World Central — AED 12,030/m²
- Neva Residences, Jumeirah Village Circle — AED 12,050/m²
Other projects in Dubai South Residential District
- Celestia — AED 11,989/m²
- Cresswell Residences — AED 12,140/m²
- Avion Residence — AED 11,894/m²
- Cresswell Views — AED 12,285/m²
- South Bay 6 Premium — AED 11,760/m²
- South Bay 1 — AED 12,372/m²
- Manam Prime — AED 12,375/m²
- Trafford Residence — AED 12,583/m²
Dubai South Residential District property prices · Dubai South Residential District rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at MAG 5 Boulevard?
Over the last 12 months the median is AED 1,119 per sq ft (AED 12,043 per m²) across 87 DLD sales.
How much is a studio at MAG 5 Boulevard?
Median sale price AED 478,000 for a median 36 m², across 23 sales over the last 12 months.
How many sales have been registered at MAG 5 Boulevard?
2,062 residential sales registered with the DLD between April 2016 and October 2026, 60.8% of them off-plan.
Where is MAG 5 Boulevard?
In Dubai South Residential District (DLD area Madinat Al Mataar), Dubai.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.