For Sale:
Dubai Apartments
Dubai South
MAG 5 Boulevard
MAG 515
Bayut - 11105-SSxRhH
WhatsApp Image 2024-08-23 at 12.17. 31_9d4b53d7. jpg
AED425,000
MAG 515, MAG 5 Boulevard, Dubai South, Dubai
Studio
1 Bath
386 sqft

"Studio Apartment for Sale in MAG 5 Boulevard - High Investment Potential"

Discover an incredible investment opportunity in the highly sought-after MAG 5 Boulevard, nestled in the heart of Dubai South, one of the city's most promising and rapidly developing communities. This modern studio apartment offers an ideal blend of comfort, convenience, and luxury, making it a perfect choice for both investors and residents alike.



**Apartment Details:**  
- **Type:** Studio Apartment  
- **Size:** 386 sqft  
- **Status:** Currently Rented  
- **Rental Income:** AED 31,000 per annum (up to 4 cheques)  
- **Tenancy Contract Validity:** Until August 2025

**Prime Location:**  
MAG 5 Boulevard is situated in the best area for investment in Dubai South, known for its strategic location, excellent connectivity, and vibrant community. With close proximity to Al Maktoum International Airport, Expo 2020 site, and various key developments, this area is set to witness significant growth and appreciation, ensuring a high return on investment.

**Amenities:**  
Residents of MAG 5 Boulevard enjoy access to a range of premium amenities, including a fully equipped gym, swimming pool, children's play area, and beautifully landscaped gardens. The building is designed with contemporary architecture, featuring high-quality finishes and modern conveniences that cater to a comfortable lifestyle.

**Community Features:**  
Dubai South is recognized as one of the best communities in the region, offering a harmonious blend of residential, commercial, and leisure spaces. Residents can enjoy a peaceful and secure environment with access to world-class amenities such as parks, cycling tracks, retail outlets, and dining options. The community's design emphasizes sustainability and a high quality of life, making it a desirable place to live and invest.

**Investment Highlights:**  
This studio apartment is an excellent choice for investors seeking a property with guaranteed rental income. With a current lease generating AED 31,000 per year and a tenancy contract valid until August 2025, it offers a steady and reliable return. The flexible payment structure of up to 4 cheques makes it attractive to tenants, ensuring high occupancy rates. And the new rental market for this size studio's are around 40k to 45k.

**Don't miss out on this opportunity to own a piece of Dubai South's thriving real estate market. Contact us today for more information or to schedule a viewing. **

Property Information

  • TypeApartment
  • PurposeFor Sale
  • Reference no.Bayut - 11105-SSxRhH
  • CompletionReady
  • Average Rent
  • Added on23 August 2024

Features / Amenities

Balcony or Terrace
Parking Spaces: 1
Swimming Pool
Floor: 4
+ 26 more amenities

Trends

*These trends are calculated using a proprietary algorithm based on prices advertised on Bayut.**Popularity is based on searches conducted by users on Bayut over the last quarter.

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Location
Schools
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Parks

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