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MAG 510 is a residential complex located in Dubai South, Dubai. The building is part of the MAG 5 Boulevard community, which is a mixed-use development by MAG Group. Properties include studios and one- to two-bedroom apartments that are available for sale and rent. Studios have modern bathrooms, furnished kitchens, and balconies. Apartments feature built-in wardrobes, separate dressing rooms, open kitchens, and spacious balconies. Residential units range in size from 360 sq. ft. to 1,050 sq. ft. Property prices range from AED 265,000 (USD 72,000) to AED 900,000 (USD 245,000). The complex provides a variety of amenities and services, including:
Large outdoor areas for events
Modern gym
Large outdoor swimming pool
Outdoor children’s play area
Landscaped gardens
Underground parking
Street parking for guests
High-speed lifts
Round-the-clock security and video surveillance
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Dubai South is a developing area. As of now, the community does not have direct access to public transportation, so residents are advised to travel by personal vehicle and taxi.
The nearest restaurants, J5 Restaurant & Café and the Park Lounge, are situated within a 10-minute drive of the residences. For groceries and household goods, residents can shop at Quick Express, Grand Express Supermarket DWC, and Quick Supermarket DWC, which can also be reached within a 10-minute drive.
Al Maktoum International Airport is located within a 20-minute drive of the apartments, and South View School Dubai can be reached within a 15-minute drive.
The complex is situated within a 25-minute drive of several popular destinations, including:
Dubai South is considered to be one of the fastest-growing areas in Dubai. Al Maktoum International Airport is located within a short drive of the MAG 5 Boulevard community. The continuous development of the area contributes to the growing demand for residential units. MAG 510 offers properties that have a return on investment that ranges from 5% to 6%, depending on the unit. Annual rental rates range from AED 21,000 (USD 6,000) to AED 30,000 (USD 8,000), and the estimated payback period on investments is between 18 and 25 years.
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