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MAG 560 is a six-storey residential complex located in Dubai South. It is one of 13 buildings that make up the larger MAG 5 Boulevard development. The project was developed by MAG Group. The building consists of more than 130 residential units, including studios and one- to two-bedroom apartments. Studios cover an area of 387 sq. ft. One-bedroom apartments have a minimum size of 488 sq. ft., and two-bedroom apartments have an average size of 664 sq. ft. The complex provides a variety of amenities and services, including:
Reserved parking for each resident
Street parking for guests
High-speed elevators for easy movement between floors
Several service elevators
Round-the-clock security services and CCTV
Fire extinguishers and smoke detectors on each floor
Utilities provided by DEWA
Facilities for people with disabilities
Fully equipped gym
Swimming pools for adults and children
Saunas and steam rooms
Children’s playground
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MAG 560 is located in the developing community of Dubai South. It is a mixed-use neighbourhood that has its own developed infrastructure. There are several nearby social and leisure facilities, which make it a convenient place to live for families, couples, and individuals. The area is home to Al Maktoum International Airport.
Public transportation is limited throughout the community, so residents are advised to travel by personal vehicles and cabs.
The complex is situated within a 10- to 20-minute drive of many popular destinations, including:
Dubai South is a fast-growing area with a mix of residential and commercial buildings, as well as restaurants and entertainment venues. This community offers everything residents need to have a comfortable living environment. Properties at MAG 560 combine comfort and affordability. The annual rental rate for a studio starts at AED 17,000 (USD 4,500). The annual rental rate for a one-bedroom apartment starts at AED 22,000 (USD 6,000), and the annual rental rate for a two-bedroom apartment starts at AED 38,000 (USD 10,000). Studios have the highest return on investment rate of 6%. One-bedroom apartments have a return rate of 5%, and two-bedroom apartments have a return rate of 4.5%.
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