Roman Matsaniuk
Property Advisor
Ready building · MAG
MAG 530, Dubai South
Highlights
MAG 530 at a glance
About MAG 530
MAG 530 is a residential building in Dubai South, Dubai, developed by MAG. It holds about 92 units: studios, 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments.
The building was completed in 2020 and has been in use for about 6 years. 5 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 997 per sq ft.
In a nutshell
- A residential ready building
- Located in Dubai South, Dubai
- Developed by MAG
- Completed in Q1 2020
- Unit types: Studio, 1 Bed, 2 Beds, 3 Beds
- Sizes from 470 to 2,530 sq ft
- Service charge from AED 17.49 per sq ft
- Status
- Ready
- Developer
- MAG
- Location
- Dubai South, Dubai
- Completed
- Q1 2020
- Unit types
- Studio, 1 Bed, 2 Beds, 3 Beds
- Prices from
- AED 399.0K
- Median price per sq ft
- AED 997
- Median gross yield
- 7.5%
- Service charge
- AED 17.49 per sq ft (2026)
Photos of MAG 530
Building details
Inside MAG 530
Properties in MAG 530
Studios in MAG 530
There are about 12 of these in MAG 530, from 470 to 480 sq ft. They have recently sold for a median of AED 540.0K, or AED 1,130 per sq ft.
1-bedroom apartments in MAG 530
There are about 66 of these in MAG 530, from 620 to 670 sq ft. They have recently sold for a median of AED 745.0K, or AED 1,170 per sq ft. Owners who resold made a median 16% over what they paid.
2-bedroom apartments in MAG 530
There are about 12 of these in MAG 530, from 1,000 to 1,040 sq ft. They have recently sold for a median of AED 1.1M, or AED 1,050 per sq ft. Owners who resold made a median 4% over what they paid.
3-bedroom apartments in MAG 530
There are about 2 of these in MAG 530, from 2,530 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 12 | 470 sqft43.7 sqmt – 480 sqft44.6 sqmt | AED 540K | – |
| 1 Bed | 66 | 620 sqft57.6 sqmt – 670 sqft62.2 sqmt | AED 745K | – |
| 2 Beds | 12 | 1,000 sqft92.9 sqmt – 1,040 sqft96.6 sqmt | AED 1.1M | – |
| 3 Beds | 2 | 2,530 sqft235 sqmt | No recent sales | – |
Sale trends in MAG 530
Median sale price
AED 670K
Median per sq ft
AED 997
Median gross yield
7.5%
Price ranges from the most recent registered sales, by unit type:
- 1-bedroom apartments: AED 520.0K to AED 745.0K (623 to 666 sq ft), across 12 sales
- 2-bedroom apartments: AED 795.0K to AED 1.2M (1,005 to 1,037 sq ft), across 6 sales
- Studios: AED 455.0K to AED 540.0K (476 sq ft), across 2 sales
Recent transactions in MAG 530
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| MAG 530, MAG 5 Boulevard, Dubai SouthReadyApartment | AED 1,085,000AED 1,046 /sqftAED 11,259 /sqmt | 1,037 sqft96.3 sqmt2 Beds | Owner |
| MAG 530, MAG 5 Boulevard, Dubai SouthReadyApartment | AED 1,150,000AED 1,141 /sqftAED 12,282 /sqmt | 1,008 sqft93.6 sqmt2 Beds | Owner |
| MAG 530, MAG 5 Boulevard, Dubai SouthReadyApartment | AED 745,000AED 1,168 /sqftAED 12,572 /sqmt | 638 sqft59.3 sqmt1 Bed | Owner |
| MAG 530, MAG 5 Boulevard, Dubai SouthReadyApartment | AED 540,000AED 1,134 /sqftAED 12,206 /sqmt | 476 sqft44.2 sqmtStudio | Owner |
| MAG 530, MAG 5 Boulevard, Dubai SouthReadyApartment | AED 795,000AED 767 /sqftAED 8,256 /sqmt | 1,037 sqft96.3 sqmt2 Beds | Owner |
| MAG 530, MAG 5 Boulevard, Dubai SouthReadyApartment | AED 690,000AED 1,041 /sqftAED 11,205 /sqmt | 663 sqft61.6 sqmt1 Bed | Owner |
| MAG 530, MAG 5 Boulevard, Dubai SouthReadyApartment | AED 730,000AED 1,096 /sqftAED 11,797 /sqmt | 666 sqft61.9 sqmt1 Bed | Owner |
| MAG 530, MAG 5 Boulevard, Dubai SouthReadyApartment | AED 1,150,000AED 1,144 /sqftAED 12,314 /sqmt | 1,005 sqft93.4 sqmt2 Beds | Owner |
| MAG 530, MAG 5 Boulevard, Dubai SouthReadyApartment | AED 850,000AED 843 /sqftAED 9,074 /sqmt | 1,008 sqft93.6 sqmt2 Beds | Developer |
| MAG 530, MAG 5 Boulevard, Dubai SouthReadyApartment | AED 700,000AED 1,097 /sqftAED 11,808 /sqmt | 638 sqft59.3 sqmt1 Bed | Owner |
| MAG 530, MAG 5 Boulevard, Dubai SouthReadyApartment | AED 625,000AED 980 /sqftAED 10,549 /sqmt | 638 sqft59.3 sqmt1 Bed | Owner |
| MAG 530, MAG 5 Boulevard, Dubai SouthReadyApartment | AED 625,000AED 1,002 /sqftAED 10,785 /sqmt | 624 sqft58 sqmt1 Bed | Owner |
| MAG 530, MAG 5 Boulevard, Dubai SouthReadyApartment | AED 650,000AED 1,043 /sqftAED 11,227 /sqmt | 623 sqft57.9 sqmt1 Bed | Owner |
| MAG 530, MAG 5 Boulevard, Dubai SouthReadyApartment | AED 630,000AED 950 /sqftAED 10,226 /sqmt | 663 sqft61.6 sqmt1 Bed | Owner |
| MAG 530, MAG 5 Boulevard, Dubai SouthReadyApartment | AED 1,000,000AED 992 /sqftAED 10,678 /sqmt | 1,008 sqft93.6 sqmt2 Beds | Owner |
| MAG 530, MAG 5 Boulevard, Dubai SouthReadyApartment | AED 570,000AED 913 /sqftAED 9,827 /sqmt | 624 sqft58 sqmt1 Bed | Owner |
| MAG 530, MAG 5 Boulevard, Dubai SouthReadyApartment | AED 455,000AED 956 /sqftAED 10,290 /sqmt | 476 sqft44.2 sqmtStudio | Owner |
| MAG 530, MAG 5 Boulevard, Dubai SouthReadyApartment | AED 520,000AED 835 /sqftAED 8,988 /sqmt | 623 sqft57.9 sqmt1 Bed | Owner |
| MAG 530, MAG 5 Boulevard, Dubai SouthReadyApartment | AED 575,000AED 901 /sqftAED 9,698 /sqmt | 638 sqft59.3 sqmt1 Bed | Owner |
| MAG 530, MAG 5 Boulevard, Dubai SouthReadyApartment | AED 565,000AED 864 /sqftAED 9,300 /sqmt | 654 sqft60.8 sqmt1 Bed | Owner |
MAG 530, MAG 5 Boulevard
Dubai South
AED 1.1M
AED 1,046 /sqftAED 11,259 /sqmt
ReadyApartment1,037 sqft96.3 sqmt2 BedsOwner10 Mar 2026MAG 530, MAG 5 Boulevard
Dubai South
AED 1.2M
AED 1,141 /sqftAED 12,282 /sqmt
ReadyApartment1,008 sqft93.6 sqmt2 BedsOwner5 Jan 2026MAG 530, MAG 5 Boulevard
Dubai South
AED 745K
AED 1,168 /sqftAED 12,572 /sqmt
ReadyApartment638 sqft59.3 sqmt1 BedOwner29 Dec 2025MAG 530, MAG 5 Boulevard
Dubai South
AED 540K
AED 1,134 /sqftAED 12,206 /sqmt
ReadyApartment476 sqft44.2 sqmtStudioOwner18 Dec 2025MAG 530, MAG 5 Boulevard
Dubai South
AED 795K
AED 767 /sqftAED 8,256 /sqmt
ReadyApartment1,037 sqft96.3 sqmt2 BedsOwner18 Nov 2025MAG 530, MAG 5 Boulevard
Dubai South
AED 690K
AED 1,041 /sqftAED 11,205 /sqmt
ReadyApartment663 sqft61.6 sqmt1 BedOwner20 Aug 2025MAG 530, MAG 5 Boulevard
Dubai South
AED 730K
AED 1,096 /sqftAED 11,797 /sqmt
ReadyApartment666 sqft61.9 sqmt1 BedOwner12 Aug 2025MAG 530, MAG 5 Boulevard
Dubai South
AED 1.2M
AED 1,144 /sqftAED 12,314 /sqmt
ReadyApartment1,005 sqft93.4 sqmt2 BedsOwner16 Jun 2025MAG 530, MAG 5 Boulevard
Dubai South
AED 850K
AED 843 /sqftAED 9,074 /sqmt
ReadyApartment1,008 sqft93.6 sqmt2 BedsDeveloper13 Jun 2025MAG 530, MAG 5 Boulevard
Dubai South
AED 700K
AED 1,097 /sqftAED 11,808 /sqmt
ReadyApartment638 sqft59.3 sqmt1 BedOwner30 May 2025MAG 530, MAG 5 Boulevard
Dubai South
AED 625K
AED 980 /sqftAED 10,549 /sqmt
ReadyApartment638 sqft59.3 sqmt1 BedOwner8 May 2025MAG 530, MAG 5 Boulevard
Dubai South
AED 625K
AED 1,002 /sqftAED 10,785 /sqmt
ReadyApartment624 sqft58 sqmt1 BedOwner27 Mar 2025MAG 530, MAG 5 Boulevard
Dubai South
AED 650K
AED 1,043 /sqftAED 11,227 /sqmt
ReadyApartment623 sqft57.9 sqmt1 BedOwner20 Mar 2025MAG 530, MAG 5 Boulevard
Dubai South
AED 630K
AED 950 /sqftAED 10,226 /sqmt
ReadyApartment663 sqft61.6 sqmt1 BedOwner13 Mar 2025MAG 530, MAG 5 Boulevard
Dubai South
AED 1M
AED 992 /sqftAED 10,678 /sqmt
ReadyApartment1,008 sqft93.6 sqmt2 BedsOwner20 Feb 2025MAG 530, MAG 5 Boulevard
Dubai South
AED 570K
AED 913 /sqftAED 9,827 /sqmt
ReadyApartment624 sqft58 sqmt1 BedOwner20 Dec 2024MAG 530, MAG 5 Boulevard
Dubai South
AED 455K
AED 956 /sqftAED 10,290 /sqmt
ReadyApartment476 sqft44.2 sqmtStudioOwner27 Sept 2024MAG 530, MAG 5 Boulevard
Dubai South
AED 520K
AED 835 /sqftAED 8,988 /sqmt
ReadyApartment623 sqft57.9 sqmt1 BedOwner11 Sept 2024MAG 530, MAG 5 Boulevard
Dubai South
AED 575K
AED 901 /sqftAED 9,698 /sqmt
ReadyApartment638 sqft59.3 sqmt1 BedOwner23 Aug 2024MAG 530, MAG 5 Boulevard
Dubai South
AED 565K
AED 864 /sqftAED 9,300 /sqmt
ReadyApartment654 sqft60.8 sqmt1 BedOwner20 Aug 2024
Service charges in MAG 530
The 2026 service charge in MAG 530 is AED 17.49 per sq ft for homes. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.
| Unit type | Rate per sq ft | Size | Yearly charge |
|---|---|---|---|
| 1 Bed Apartment (2026) | AED 17.49 | 620 sqft57.6 sqmt – 670 sqft62.2 sqmt | AED 10,844 – AED 11,718 |
| 2 Beds Apartment (2026) | AED 17.49 | 1,000 sqft92.9 sqmt – 1,040 sqft96.6 sqmt | AED 17,490 – AED 18,190 |
| 3 Beds Apartment (2026) | AED 17.49 | 2,530 sqft235 sqmt | AED 44,250 – AED 44,250 |
| Studio Apartment (2026) | AED 17.49 | 470 sqft43.7 sqmt – 480 sqft44.6 sqmt | AED 8,220 – AED 8,395 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around MAG 530
Transportation near MAG 530
Schools near MAG 530
The nearest is GEMS Founders School DS DWC-LLC, 2.1 km away. Ratings are the KHDA's latest inspection grades.
- GEMS Founders School DS DWC-LLCUK · KHDA: Not inspected yet · 2.1 km
- Greenfield International SchoolInternational Baccalaureate · KHDA: Very good · 5.5 km
- South View School L.L.CUK · KHDA: Good · 6 km
- Dubai International Academy Town SquareInternational Baccalaureate · KHDA: Not inspected yet · 7 km
- Lycée français international (Branch)French · KHDA: Not inspected yet · 7 km
- Bright Riders SchoolIndian · KHDA: Good · 7.5 km
Things to consider about MAG 530
In its favour
- Owners who resold have made money: a median gain of up to 16%.
- A median gross yield of 7.5% on recent sales.
- Ready to move into or let, with no construction risk.
- Several schools within 3 km.
Worth checking
- Few sales each year, so a resale can take longer and prices move on a handful of deals.
Specialists
Brokers who know MAG 530
These brokers handle sales and lettings in MAG 530 and can tell you what is available now.
Aamir Muzaffar
Assistant Manager
Varsha Geogy
Senior Property Advisor
Howard Mall
Senior Property Advisor
Jordan Richard Landsey
Property Advisor
FAQs
MAG 530: questions answered
Buying, selling or renting in MAG 530?
A broker who works Dubai South will tell you what is available and what comparable homes went for.