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Sold for AED 1,025,000: 2-Bedroom Apartment in Mag 5 Boulevard

Located in Dubai South, Dubai. Its price per sqft is −7% vs the Mag 5 Boulevard median (AED 1,098/sqft).

All Dubai South salesMag 5 Boulevard prices

Sale price

AED 1,025,000

Per sqft
AED 1,020
Registered
23 Jul 2026, 12:27 (Dubai)

01 / Price history

This unit's history

Every registration of this 2-bedroom apartment in Mag 5 Boulevard: same layout, exact size (1,005 sqft) and parking bay G-05. The registry has no unit numbers, so records are matched on these details.

  1. 23 Jul 2026This sale

    1,005 sqft · AED 1,020/sqft · Ready

    First recordAED 1,025,000

  2. 23 Jul 2026Mortgage

    Same day as previous · 1,005 sqft · AED 816/sqft · Ready

    20%lower than the previous recordAED 820,000
Records
2
Registered
Same day
as the mortgage, 23 Jul 2026
Loan to value
80%
AED 820K mortgage on the AED 1.03M sale

02 / The property

Property details

Size
1,005 sqft · 93.33 m²
Bedrooms
2 BR
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
G-05
Nearest landmark
Expo 2020 Site

03 / Comparables

All sales in Mag 5 Boulevard (5 Jan 2026 – 7 Oct 2026)

68 market sales, latest 30 shown. Percentages compare each sale with this one.

Filter & sort
Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
7 Oct 2026999K−3% vs selected1,035+1% vs selected
1 Oct 2026740K−28% vs selected1,154+13% vs selected
25 Sept 2026740K−28% vs selected1,112+9% vs selected
23 Sept 2026690K−33% vs selected1,036+2% vs selected
10 Sept 2026725K−29% vs selected1,087+7% vs selected
9 Sept 2026620K−40% vs selected972−5% vs selected
5 Sept 2026440K−57% vs selected1,261+24% vs selected
4 Sept 2026600K−41% vs selected1,255+23% vs selected
19 Aug 2026475K−54% vs selected1,087+7% vs selected
18 Aug 2026682K−33% vs selected1,084+6% vs selected
12 Aug 2026725K−29% vs selected1,085+6% vs selected
12 Aug 2026590K−42% vs selected1,222+20% vs selected
11 Aug 202621.56K−98% vs selected45−96% vs selected
7 Aug 2026670K−35% vs selected1,077+6% vs selected
7 Aug 202619.94K−98% vs selected46−96% vs selected
5 Aug 202624.75K−98% vs selected48−95% vs selected
4 Aug 2026445K−57% vs selected1,281+26% vs selected
2 BR · 1,005 sqftReadySelected sale
23 Jul 20261.03M1,020
22 Jul 202621.04K−98% vs selected44−96% vs selected
20 Jul 2026730K−29% vs selected1,096+7% vs selected
16 Jul 2026690K−33% vs selected1,107+9% vs selected
16 Jul 202647.46K−95% vs selected98−90% vs selected
15 Jul 2026470K−54% vs selected1,288+26% vs selected
3 Jul 2026705.5K−31% vs selected1,057+4% vs selected
26 Jun 2026730K−29% vs selected1,116+9% vs selected
25 Jun 2026480K−53% vs selected1,333+31% vs selected
23 Jun 2026600K−41% vs selected1,168+14% vs selected
22 Jun 20261.05M+2% vs selected1,087+7% vs selected
18 Jun 2026680K−34% vs selected1,067+5% vs selected
10 Jun 2026430K−58% vs selected1,049+3% vs selected

04 / Renting it out

What similar apartments rent for

Median of 3 market rents of apartments of 854–1,155 sq ft in Mag 5 Boulevard. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 72,000
Per sqft / yr
AED 70/sqft
Gross yield
7.0%