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MAG 5 BOULEVARD

Completed

Developed by MAG 5 PROPERTY DEVELOPMENT L.L.C. Located in Madinat Al Mataar.

Construction progress100%Expected 6 Feb 2020
Units1,45213 buildings · 0 villas
Registered sales2,075107 in the last 12 months
Median sale priceAED 460KMedian of registered salesAED 870/sqft

Registry record

Project number
1673
Name on the register
ماج 5 بوليفارد
Developer
MAG 5 PROPERTY DEVELOPMENT L.L.C
Master developer
مركز دبي التجاري العالمي ش.ذ.م.م
Escrow agent
EMIRATES NBD BANK (P.J.S.C)
Zoning authority
Dubai South
Master project
Dubai South Residential District
Start date
1 Nov 2015
Expected completion
6 Feb 2020
Actual completion
6 Feb 2020
Cancelled
Not recorded
Plots
12
Progress
100%

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.

Sales evidence

Median size
515 sqft
Median price per sqft
AED 870/sqft
Total value transacted
AED 1.12B
Off-plan vs ready
1,253 off-plan · 822 ready
First sale
17 Aug 2015
Latest sale
19 Aug 2026

Service charges (2023)

The owner-association charge approved by the Land Department, broken down by cost category. Totalling AED 44 per square foot per year — the recurring cost of ownership that an asking price never shows.

CategoryUsageManaged byAED/sqft
Reserved FundResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
MaintenanceResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C3.00
ImprovementResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
Utilities ServicesResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C7.00
Management ServicesResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
InsuranceResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
Master CommunityResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
IncomeResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
ServicesResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C3.00
Reserved FundResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
MaintenanceResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C3.00
ImprovementResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
Utilities ServicesResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C8.00
Management ServicesResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
InsuranceResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
Master CommunityResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
IncomeResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
ServicesResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C3.00
Reserved FundResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
MaintenanceResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C3.00
ImprovementResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
Utilities ServicesResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C8.00
Management ServicesResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
InsuranceResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C0.00
Master CommunityResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C1.00
IncomeResidentialKAIZEN OWNER ASSOCIATION MANAGEMENT SERVICES L.L.C0.00

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
19 Aug 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting PropertiesStudio437 sqftAED 1,087/sqftAED 475,000
18 Aug 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting Properties1 B/R629 sqftAED 1,084/sqftAED 682,000
12 Aug 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting Properties2 B/R668 sqftAED 1,085/sqftAED 725,000
12 Aug 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting Properties1 B/R483 sqftAED 1,222/sqftAED 590,000
11 Aug 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting Properties1 B/R478 sqftAED 45/sqftAED 21,564
7 Aug 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting Properties1 B/R622 sqftAED 1,077/sqftAED 670,000
7 Aug 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting PropertiesStudio437 sqftAED 46/sqftAED 19,936
5 Aug 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting Properties1 B/R514 sqftAED 48/sqftAED 24,754
4 Aug 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting PropertiesStudio347 sqftAED 1,281/sqftAED 445,000
23 Jul 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting Properties2 B/R1,005 sqftAED 1,020/sqftAED 1,025,000
23 Jul 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting Properties1 B/R478 sqftAED 44/sqftAED 21,042
20 Jul 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting Properties2 B/R666 sqftAED 1,096/sqftAED 730,000
16 Jul 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting Properties1 B/R623 sqftAED 1,107/sqftAED 690,000
16 Jul 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting Properties1 B/R483 sqftAED 98/sqftAED 47,458
15 Jul 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting PropertiesStudio365 sqftAED 1,288/sqftAED 470,000
6 Jul 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting Properties2 B/R667 sqftAED 1,057/sqftAED 705,500
29 Jun 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting Properties1 B/R654 sqftAED 1,116/sqftAED 730,000
26 Jun 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting PropertiesStudio360 sqftAED 1,333/sqftAED 480,000
23 Jun 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting Properties1 B/R514 sqftAED 1,168/sqftAED 600,000
22 Jun 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting Properties2 B/R966 sqftAED 1,088/sqftAED 1,050,000
18 Jun 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting Properties1 B/R637 sqftAED 1,067/sqftAED 680,000
10 Jun 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting PropertiesStudio410 sqftAED 1,049/sqftAED 430,000
5 Jun 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting PropertiesStudio410 sqftAED 1,024/sqftAED 420,000
4 Jun 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting PropertiesStudio360 sqftAED 1,297/sqftAED 467,000
21 May 2026Madinat Al MataarMAG 5 BOULEVARDDubai South Residential DistrictFlatExisting PropertiesStudio347 sqftAED 1,224/sqftAED 425,000

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.