Mag 5 Boulevard opened to investors on the day of the unveiling with handover of the Phase 1 of the development set to begin in the first quarter of 2018 while the construction of Phase 2 is to be commenced in next month.
They revealed that 80% of Phase 1 of its affordable housing project has been sold out. Situated at Dubai World Central (DWC)’s residential district zone.
Mag 5 Boulevard’s strong sales reaction is an apparent sign of the high demand for affordable housing in the market, particularly among GCC residents. What makes this project predominantly alluring and appealing is its combination of tactical place, flexible payment plan, affordability and lifestyle.
Tactically situated within easy reach of the Al Maktoum International Airport and adjacent to the Expo 2020 site, Mag 5 Boulevard comprises more than 1,000 residential units complemented by an array of retail, dining, leisure and entertainment amenities. On course to break ground later this 2015, the development is destined to become a 24-hour living, walkable community spread around 800,000sqf of land.
Situated in close proximity to offices, hospitals and schools, Mag 5 Boulevard will offer widespread landscaping, outdoor leisure spaces, pools, children’s areas and a community centre. All of the development’s apartments will include balconies and its spacious footprint will allocate for ample parking. This development is fascinating those who are intense to develop their future in Dubai.
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