MAG 5 Boulevard in Dubai

Name: Sales in MAG 5 Boulevard started!
Start: 2019-11-21T07:26:42.305152+00:00
End: 2023-12-31T23:59:59+0000
Location: MAG 5 Boulevard

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Property for sale in MAG 5 Boulevard — look at the real estate search engine GEOLN.COM. Photo 1

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Property for sale in MAG 5 Boulevard — look at the real estate search engine GEOLN.COM. Photo 4

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Property for sale in MAG 5 Boulevard — look at the real estate search engine GEOLN.COM. Photo 6

Property for sale in MAG 5 Boulevard — look at the real estate search engine GEOLN.COM. Photo 7

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Project info

Object ID: 1388

Finished at	December 2020
Price, m²	From 2400$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 44.00 m²
Floors	6
Apartments	528
Condition	Black walls
Construction type	Monolyth
Security	Security
Conveniences	Parking Fitness Pool Kids playground
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

105,600$

Net profit

6,783$

Payback period

11.7 years

Avg property value increase per year

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About the project

Amenities

Landscaped Gardens, Swimming pool, Jogging track, Retail Area, Balcony, Built in Wardrobes, Gym, BBQ area, Central A/C, Pets Allowed, Concierge service, City Views, Kitchen Appliances, Private Garden, View of Water

Developer

Founded more than 40 years ago, the MAG Group is one of the oldest companies active on the Dubai real estate market. Besides the development…
Details about MAG Lifestyle Development