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Sold for AED 1,060,000: 2-Bedroom Apartment in Mag 5 Boulevard

Located in Dubai South, Dubai. Its price per sqft is −4% vs the Mag 5 Boulevard median (AED 1,098/sqft).

All Dubai South salesMag 5 Boulevard prices

Sale price

AED 1,060,000

Per sqft
AED 1,052
Registered
12 Feb 2026, 18:18 (Dubai)

01 / Price history

This unit's history

Every registration of this 2-bedroom apartment in Mag 5 Boulevard: same layout, exact size (1,008 sqft) and parking bay G-62. The registry has no unit numbers, so records are matched on these details.

  1. 12 Feb 2026This sale

    1,008 sqft · AED 1,052/sqft · Ready

    First recordAED 1,060,000

  2. 12 Feb 2026Mortgage

    Same day as previous · 1,008 sqft · AED 834/sqft · Ready

    21%lower than the previous recordAED 840,000
Records
2
Registered
Same day
as the mortgage, 12 Feb 2026
Loan to value
79%
AED 840K mortgage on the AED 1.06M sale

02 / The property

Property details

Size
1,008 sqft · 93.61 m²
Bedrooms
2 BR
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
G-62
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−6% vs selected1,035−2% vs selected
1 Oct 2026740K−30% vs selected1,154+10% vs selected
25 Sept 2026740K−30% vs selected1,112+6% vs selected
23 Sept 2026690K−35% vs selected1,036−1% vs selected
10 Sept 2026725K−32% vs selected1,087+3% vs selected
9 Sept 2026620K−42% vs selected972−8% vs selected
5 Sept 2026440K−58% vs selected1,261+20% vs selected
4 Sept 2026600K−43% vs selected1,255+19% vs selected
19 Aug 2026475K−55% vs selected1,087+3% vs selected
18 Aug 2026682K−36% vs selected1,084+3% vs selected
12 Aug 2026725K−32% vs selected1,085+3% vs selected
12 Aug 2026590K−44% vs selected1,222+16% vs selected
11 Aug 202621.56K−98% vs selected45−96% vs selected
7 Aug 2026670K−37% vs selected1,077+2% 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−58% vs selected1,281+22% vs selected
23 Jul 20261.03M−3% vs selected1,020−3% vs selected
22 Jul 202621.04K−98% vs selected44−96% vs selected
20 Jul 2026730K−31% vs selected1,096+4% vs selected
16 Jul 2026690K−35% vs selected1,107+5% vs selected
16 Jul 202647.46K−96% vs selected98−91% vs selected
15 Jul 2026470K−56% vs selected1,288+22% vs selected
3 Jul 2026705.5K−33% vs selected1,057+1% vs selected
26 Jun 2026730K−31% vs selected1,116+6% vs selected
25 Jun 2026480K−55% vs selected1,333+27% vs selected
23 Jun 2026600K−43% vs selected1,168+11% vs selected
22 Jun 20261.05M−1% vs selected1,087+3% vs selected
18 Jun 2026680K−36% vs selected1,067+1% vs selected
10 Jun 2026430K−59% vs selected1,0490% vs selected

04 / Renting it out

What similar apartments rent for

Median of 3 market rents of apartments of 856–1,159 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
6.8%