MAG 5 BOULEVARD
ResaleDeveloperMAG 5 PROPERTY DEVELOPMENT L.L.C
CommunityDubai South Residential District
Started
10 years 2 months ago01-11-2015
Handover
5 years 11 months ago06-02-2020
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF 13 NOS. OF G+6 RESIDENTIAL BUILDINGS LOCATED IN MADINAT AL MATAAR. THE BUILDINGS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Falling-4%Decline
Current:AED 997/sqft
Last 12M:AED 1,038/sqft
Momentum: Last 12Mvs Prior Year
Rising+14%Growth
Last 12M:AED 1,038/sqft
Prior Year:AED 910/sqft
Community Compare: Last 90DDubai South Residential District
Discount-16%Below Avg
Project:AED 997/sqft
Community:AED 1,180/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
158Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,005/sqft
Range:AED 231 – AED 73K
Avg Unit:AED 54K/yr
Leasing Volume: L12MContracts Signed
Very Active912Total
New:520
Renew:392
Tenant RetentionRenewal Rate
Good43%renewals
57% new tenants43% renewals
Gross YieldAnnual Return
High Yield100.8%Yield
Rent:AED 1,005/sqft
Price:AED 997/sqft
Supply & Demand Matrix
MAG 5 BOULEVARD averaged 11% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
498 units
46 sold452 left
9%
Velocity
1 Bedroom
732 units
84 sold648 left
11%
Velocity
2 Bedrooms
210 units
26 sold184 left
12%
Velocity
3 Bedrooms
12 units
2 sold10 left
17%
Velocity
Layouts & Units (1,452)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-6 | Inventory 498units 12 layouts · Typically 1 parking 4-7 sqm balcony | Size Range 205-476sqft | Price Range AED 174K - AED 3.3M | Avg PSF 893 | Sales 240 | Trend — | |
Asset Class 1 Bed FlatFloors 1-6 | Inventory 732units 37 layouts · Typically 1 parking 5-12 sqm balcony | Size Range 241-673sqft | Price Range AED 13K - AED 775K | Avg PSF 799 | Sales 364 | Trend — | |
Asset Class 2 Bed FlatFloors 1-6 | Inventory 210units 32 layouts · Typically 1 parking 6-13 sqm balcony | Size Range 78-1,041sqft | Price Range AED 360K - AED 1.1M | Avg PSF 729 | Sales 110 | Trend — | |
Asset Class 3 Bed FlatPodium | Inventory 12units 6 layouts · Typically 1 parking 107-109 sqm balcony | Size Range 2,512-2,535sqft | Price Range AED 1.3M - AED 1.6M | Avg PSF 526 | Sales 5 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 641-2,531sqft | Price Range — | Avg PSF 1,934 | Sales 0 | Trend — |
Grouped into 5 asset classes covering 1,452 units