MAG 550Dubai South
465,000 AEDmarket
980 AED/ft²
Delivered: Q1 2020
Completed
MAG 550
Dubai South
Studio, 1 - 2 BedsApartment
Launch price
386,000 AED
Booking
25%
Booking
Construction
-
Construction
Handover
75%
Handover
Local Information
-- to
Description
MAG 5 Boulevard offers apartments for sale in Dubai South, a completed residential development by MAG Group. The project features 13 six-storey buildings with a total of 1523 units, including studios, one, two, and three-bedroom apartments. Completed in early 2020, this community is designed for modern living. MAG Group's development is located near Al Maktoum International Airport and the Expo 2020 site, now Dubai Expo City. Residents benefit from connectivity via Emirates Road and Sheikh Mohammed Bin Zayed Road. Nearby amenities include schools, hospitals, supermarkets, and shopping destinations like Ibn Battuta Mall. The development provides a walkable environment with retail centers and green spaces. MAG 5 Boulevard is approximately 12 minutes from Dubai Parks and Resorts. [7, 14]
Price Analysis for MAG 550
Apartment
Studio
21%
498 units
347 – 476 ft²
No market history available yet
Starting price
386K
812 /ft²
Current price
465K
980 /ft²
Every bedroom
priced differently.
All chartsLaunch curvesLive comparables
Price History for MAG 550
| Date | Price | Type | Beds | |||
|---|---|---|---|---|---|---|
| 7 May 2026 | 430,000 | Apartment | Studio | 476 ft² | — | 903 |
| 31 Oct 2025 | 525,000 | Apartment | Studio | 476 ft² | — | 1,103 |
| 18 Sep 2025 | 500,000 | Apartment | Studio | 473 ft² | — | 1,057 |
| 4 Jun 2025 | 400,000 | Apartment | Studio | 476 ft² | — | 840 |
| 21 Feb 2025 | 465,000 | Apartment | Studio | 473 ft² | — | 983 |
7 May 2026
430,000
StudioApartment
476 ft²
—
903
31 Oct 2025
525,000
StudioApartment
476 ft²
—
1,103
18 Sep 2025
500,000
StudioApartment
473 ft²
—
1,057
4 Jun 2025
400,000
StudioApartment
476 ft²
—
840
21 Feb 2025
465,000
StudioApartment
473 ft²
—
983
A little more context
changes the read.
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Showing 5 most recent sales transactions
What's Available for MAG 550
| Unit # | Type | Beds | From | Built-up | Int. Area | Ext. Area | Floor |
|---|---|---|---|---|---|---|---|
No units to display | |||||||
No units to display
Price Trends
For units in Dubai South
Comparable Buildings in Dubai South
Assigned Schools
Affordability
Contact datahabibi
FAQ
MAG 550 is situated within the Dubai South Residential District. It forms part of the MAG 5 Boulevard development, a community designed to support the residential needs of the surrounding Dubai South area.
The building features a mix of studio, 1, 2, and 3-bedroom apartments. The building is designed as a mid-rise structure with six floors, offering various unit sizes to accommodate different living requirements.
Public transportation options near MAG 550 are currently limited, with residents primarily relying on private vehicles or ride-hailing services. While the area is connected via major road networks like Emirates Road and Expo Road, the nearest Dubai Metro stations are over 30 minutes away by car.
This development offers a range of facilities including a gymnasium, a swimming pool, and a dedicated children's play area. The building also provides covered parking for residents and 24-hour security services.
The tower is often considered by investors and end-users seeking affordable, ready-to-move-in residential options in Dubai South. Its location near Al Maktoum International Airport and the Expo 2020 site makes it a functional choice for those working in or connected to these developing hubs.
