MAG Lifestyle Development says work has finished on MAG 5 Boulevard which includes nearly 1,500 residential units
MAG Lifestyle Development, the real estate development arm of MAG Group Holding, has announced the completion of its AED800 million ($217 million) MAG 5 Boulevard, the value-housing project in Dubai South.
MAG 5 Boulevard encompasses 13 buildings, consisting of 1,452 units comprising of 498 studios, 732 one-bedroom, 210 two-bedroom, and 12 three-bedroom apartments.
The residential project also houses a 24-hour walkable community that spreads over 800,000 square feet and amenities include a swimming pool, jogging tracks, gardens, outdoor leisure spaces, children’s areas, a community centre, and a series of retail, dining, and leisure outlets.
Talal Moafaq Al Gaddah, managing partner and CEO of MAG Lifestyle Development, said: “The project was designed to grant mid-income earners value for their money in a residential market that is home to one of Dubai’s most exciting urban developments — Dubai South.”
Source: arabianbusiness