Construction

MAG LD completes value housing project in Dubai South

Project was completed ahead of schedule and ‘well in time for Expo 2020’ developer states

MAG Lifestyle Development (MAG LD) has announced the completion of MAG 5 Boulevard in Dubai South. The developer states that it is one of the first projects launched and completed in the area and supports Expo 2020 and the vision of the Dubai government.

The $212m value housing project comprises 13 buildings, consisting of 1452 split between one-, two- and three-bedroom units, said a statement from the developer. The residential project boasts a 24-hour walkable community that spreads over 800,000sqft in the Dubai Greenbelt.

“Under our ‘MAG of Value’ division, which was established to pioneer value-home construction, we are proud to be exceeding our customer expectations with our handover of MAG 5 Boulevard. 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. Combined with its strategic location and quality amenities, and offering a fully integrated modern community, the project offers residents an entirely new lifestyle with MAG,” said managing partner and CEO Talal Moafaq Al Gaddah.

The project is in close proximity to the Expo 2020 site, as well as schools, offices, and hospitals. The developer says the project offers ‘unmatched convenience to residents’.

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