Mag 5 Boulevard
ماج 5 بوليفاردMAG 5 PROPERTY DEVELOPMENT L.L.C · Home sales since 2016 · mostly resales in the 12 months to 7 Oct 2026
Dubai Land Department data shows the typical sale price (the median, ready and off-plan homes together) in Mag 5 Boulevard was AED 1,100/sqft in Sep 2026, from 6 home sales recorded.
The Land Department’s record
completed per the Land Department · 100% complete · buildings · 1,452 units · 13 buildings · DLD target completion February 2020
Registered developer: MAG 5 PROPERTY DEVELOPMENT L.L.C (DLD no. 1079)
Escrow account with Emirates NBD · Zoned by Dubai South
From the Land Department’s projects file, file dated 15 June 2026.
Service charge budgets, by cluster
This project has 3 separate residential budgets on record for 2026. You pay the one your home sits in, not the average of them.
| Cluster or tower, as recorded | AED per sqft | Of which reserve fund |
|---|---|---|
| Mag 505 | 18.2 | 2.2 |
| Mag 510 | 18.2 | 2.5 |
| Mag 565 | 18.1 | 3.6 |
Reserve fund: a separate line in 3 of the 3 cluster or tower budgets recorded for 2026; the middle of those is AED 2.5/sqft.
On record with the Land Department for 2026 · a budget is not a bill.
Dubai Land Department · association budgets Owners' association budgets, as recorded · a budget figure, not a price. File dated 22 Sep 2026 · synced 24 Sep 2026.
Rents recorded under Dubai South Residential District
Typical yearly rent of AED 55,000 across 4,532 tenancies recorded in the community over the last 12 months.
This is the community’s figure, not this project’s.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
AED 1,100/sqft
Sep 2026 · 6 home sales
+15.9%
Sep 2023 to Sep 2026, scaled up to a year
89 months
Recorded home resales here fall in 89 months, Feb 2019 to Oct 2026. The growth beside this is drawn from the months with 5 or more of them; a figure for what they will do next is a scenario you set on the returns page.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually sold for in Mag 5 Boulevard — not an asking price, and not this project’s overall typical price, which mixes every size together.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Price per sqft trend
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What it returns
A year of rent compared with what completed homes of that size actually sold for in Mag 5 Boulevard over the same twelve months. Prices are this project’s own recorded ready-home sales. Off-plan sales are left out because rent is paid on built homes. Rents marked this building are new rent contracts recorded in Mag 5 Boulevard itself. The rest are homes of the same size in Dubai South, used where Ejari did not name the building. A red (i) marks a figure that rests on few records, with how many.
| Size | Price now, ready homes | Rents for | Yield before costs | Ready sales, 12 months |
|---|---|---|---|---|
| Studio | AED 478K | AED 40,000/yrthis building · 204 new lets | 8.4% | 23 |
| 1 bed | AED 682K | AED 52,000/yrthis building · 245 new lets | 7.6% | 43 |
| 2 beds | AED 970K | AED 68,500/yrthis building · 48 new lets | 7.1% | 18 |
| 3 beds | AED 1.59M | AED 140,000/yrsame size in Dubai South · 209 new lets | 8.8% | 2 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price. In a market that has risen as far as Dubai’s, the average is a historical price. Worked out with the typical price across every sale on record (AED 376.46K), a studio here reads 10.6% instead of 8.4%. The yield in the table above uses the AED 478K a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
Starting from this building’s own owners’ association budget for 2026 — AED 18/sqft, as recorded with the Land Department. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Yield before costs | Yield after service charge |
|---|---|---|---|---|
| Studio | AED 7,078 | AED 32,922 | 8.4% | 6.9% |
| 1 bed | AED 11,573 | AED 40,427 | 7.6% | 5.9% |
| 2 beds | AED 17,526 | AED 50,974 | 7.1% | 5.3% |
Only the service charge is taken off.
Reserve fund: a separate line in 3 of the 3 cluster or tower budgets recorded for 2026; the middle of those is AED 2.5/sqft.
Yield before costs: a year of rent as a share of the price.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Dubai Land Department · association budgets Owners' association budgets, as recorded · a budget figure, not a price. File dated 22 Sep 2026 · synced 24 Sep 2026.
Common questions about Mag 5 Boulevard
How much does a home in Mag 5 Boulevard cost?
Over the last twelve months, the typical price (the median: half sold for more than this, half for less) of a completed home in Mag 5 Boulevard was AED 478K for a studio (23 ready sales), AED 682K for a 1-bedroom (43 ready sales) and AED 970K for a 2-bedroom (18 ready sales). These come from sales recorded by the Dubai Land Department. They are what buyers paid, not asking prices. Only completed homes are counted: off-plan sales are left out, because they sell at a premium and are not the same purchase.
How much is rent in Mag 5 Boulevard?
The typical rent (the median: half of the rent contracts were above this, half below) in Mag 5 Boulevard is AED 40,000/yr for a studio (204 new tenancies recorded in Mag 5 Boulevard itself), AED 52,000/yr for a 1-bedroom (245 new tenancies recorded in Mag 5 Boulevard itself) and AED 68,500/yr for a 2-bedroom (48 new tenancies recorded in Mag 5 Boulevard itself). These rents come from the new rent contracts recorded in Ejari (Dubai's rent registration system) over the last twelve months. They are what tenants agreed to pay, not advertised asking rents. Ejari names the building on these contracts, so every figure above is a tenancy recorded in Mag 5 Boulevard itself.
What rental yield does Mag 5 Boulevard give?
The yield before costs on completed homes in Mag 5 Boulevard is about 8.4% on a studio, 7.6% on a 1-bedroom and 7.1% on a 2-bedroom. That is a year of rent divided by what completed homes of that size sold for over the same twelve months. Rent and price both come from the same period, which is why these read lower than yields quoted against an all-time average price. Service charges, agency commission and empty periods are not taken off, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is Mag 5 Boulevard selling off-plan or as resales?
0% of the 87 home sales recorded in Mag 5 Boulevard in the 12 months to 7 Oct 2026 were off-plan, and the rest were recorded as existing property rather than off-plan. That period ends at this project's own newest recorded home sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Mag 5 Boulevard start selling?
The Land Department's register holds 2,060 home sales in Mag 5 Boulevard. The earliest was recorded in Apr 2016 and the newest in Oct 2026. That is when a home sale here was first recorded. It is not the same as when the project launched or completed: the register of sales carries no build date, so we do not publish one.
Due diligence
Price vs. Dubai South typical price
-33.7%
Priced at or below the area's typical price. Sep 2026: 6 sales here against 889 in the area.
Developer track record
6,528 recorded sales
Matched to Mag Property Development L.L.C, across the 8 companies Keyva groups under that name, Jan 2010 to 7 Oct 2026.
5 completed · 3 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free checks you can run yourself.
Verification guide →Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
Dubai Land Department · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.
Handover competition
High competitionWhen Mag 5 Boulevard handed over in February 2020, 13 other projects in Dubai South had a handover date on record within six months either side — a reference point for how crowded that period was. The Land Department's projects file of 15 Jun 2026 lists 92 other projects in Dubai South as not yet finished, including 1 of the 13 listed below.
Celestia
DAMAC DEVELOPMENT(L L C)
Urbana
Emaar Dubai South Dwc Llc
The Pulse Boulevard Apartments
Dubai South Properties Dwc Llc
The Pulse Residence Icon
Dubai South Properties Dwc Llc
South Living
Dubai South Properties Dwc Llc
The Pulse Townhouses
Dubai South Properties Dwc Llc
The Pulse Residence Park
Dubai South Properties Dwc Llc
The Pulse Boulevard Apartments - C3
Dubai South Properties Dwc Llc
The Pulse Boulevard Apartments-C1
Dubai South Properties Dwc Llc
Urbana II
Emaar Dubai South Dwc Llc
Golf Views
Emaar Dubai South Dwc Llc
Golf Links
Emaar Dubai South Dwc Llc
Urbana III
Emaar Dubai South Dwc Llc
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
We haven't mapped what's around this project yet. Places are added in batch runs, busiest projects first.
Buildings in this project
Priced from each tower’s own recorded sales, rather than the project’s typical price above.
Dubai Land Department · building register The Land Department's building register. File dated 5 Oct 2026 · synced 5 Oct 2026.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Other projects in Dubai South
Each price is the project’s newest month with 5 or more recorded home sales, from Oct 2025 to 7 Oct 2026. Priced projects first, then the most home sales from Nov 2025 to 7 Oct 2026, then A–Z. Where a project has no month with that many, its newest month with any sale is shown instead, with a red (i) and its count.
Azizi Developments
1–7 Oct 2026 · 16 home sales
Azizi Developments L.L.C
Sep 2026 · 47 home sales
Azizi Developments L.L.C
1–7 Oct 2026 · 6 home sales
Azizi Developments
1–7 Oct 2026 · 6 home sales
Azizi Developments L.L.C
Sep 2026 · 25 home sales
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Seen a listing for this?
Put the asking price beside what comparable homes actually sold for, and check the agent against the Land Department’s register of licensed brokers. Free, no sign-in.
Buying in Mag 5 Boulevard?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the typical price here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to look things up in the Land Department's own systems on the day: the agent's licence, the project's escrow, and its registered status.