MAG 550 by MAG
Business Bay, Dubai
project Overview for MAG 550
AED 516,000
Starting Price
516000%
Payment Plan
-Call us
Booking Fee
StatusReady
Completion Date01 Jan 2019
Shawad Mohammad
Agent
Development Details & Types
6
528
0 - 0 sq.ft
1 Bedroom-3 Bedrooms
About MAG 550
Modern Living in Dubai South's Thriving Community
MAG 550, a remarkable six-story residential complex developed by MAG Developer, presents a fantastic opportunity for comfortable and stylish living in the heart of Dubai South. This sought-after community is renowned for its blend of modern amenities and convenient access to key areas of the city. Boasting 528 units, MAG 550 is one of 13 mid-rise buildings within a larger development, surrounded by meticulously landscaped areas designed with minimalist elegance.
The apartments themselves range from studios to spacious three-bedroom units, each featuring thoughtfully designed interiors. Expect expansive living areas, contemporary bathrooms, well-equipped kitchens, and private balconies offering pleasing views. Many units include added storage, laundry, and dressing areas, enhancing both functionality and comfort.
Experience Dubai South's Premier Lifestyle
Residents of MAG 550 enjoy exclusive access to an array of upscale amenities and services designed to elevate their daily lives. Take a refreshing dip in the temperature-controlled outdoor swimming pool, unwind in the beautifully landscaped gardens, or let the little ones enjoy the dedicated children's club. Covered parking accommodates numerous vehicles, ensuring convenience for all residents. The building also features high-speed elevators, 24/7 security and video surveillance, and dedicated maintenance personnel for your peace of mind.
Beyond the building's amenities, Dubai South itself offers a range of recreational options. Enjoy dedicated running and cycling tracks, fostering an active lifestyle. The community also features a spacious lobby, a reception desk with complimentary concierge services, and is welcoming to pet owners.
Explore the Lifestyle & Amenities at MAG 550
Gymnasiums
Fitness Center
Running Tracks
Cycling Tracks
Explore the premium amenities and features
Check how they align with your lifestyle and investment goal.
A Closer Look at the Features of MAG 550
Balcony
Built-in Wardrobes
Central A/C
Experience the Views from MAG 550
MAG 550 offers a variety of thoughtfully designed apartments to suit diverse needs and preferences. Studios start from a generous 475 sq. ft., while one-bedroom apartments begin at 660 sq. ft., providing ample space for comfortable living. Floor-to-ceiling windows maximize natural light and offer stunning views of the community's well-maintained landscape. Experience the epitome of modern living in Dubai South.
Property Layout & Floor Plan for MAG 550
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About MAG Developer
Creating exceptional residential communities and homes in prime Dubai locations. Specializing in luxury living.
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Master Plan Community
About Dubai South
Area LifestyleExpo 2020 Site
Landmark
Dubai South, formerly known as Dubai World Central, is a 145-kilometer area near Al Maktoum International Airport. The district is intended to become the flagship of Dubai’s urban development, which will be used for the construction of other areas of the city.
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MAG 550 Connectivity & Accessibilities
Expo City Dubai
Al Maktoum International Airport (DWC)
Dubai Miracle Garden
Dubai Butterfly Garden
Jebel Ali Free Zone (JAFZA)
Ibn Battuta Mall
Sheikh Mohammed bin Zayed Road (E311)
Sheikh Zayed Road
Dubai Marina Mall
Dubai Hills Mall
The Walk at JBR
Dubai Marina Walk
IMG Worlds of Adventure
Dubai Internet City
JBR Beach
Dubai Internet City
Ain Dubai
Bluewaters Island
Ski Dubai
Mall of the Emirates
MAG 550 Location & Surroundings
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Project Status and Details for MAG 550
Status
Completion Date
No. of Floors
Total Units
Developer
Discover Dubai Real Estate in One Click: Your Fast Track Guide to Property Opportunities
Dubai's real estate market is full of opportunities for buying, selling, renting, and investing. In 2023 alone, the market saw over AED 407 billion in sales, attracting buyers from around the world. Dubai's prime location, business-friendly environment, and zero property taxes make it the top choice for real estate investments. This guide is designed to help you take advantage of the best opportunities in the Dubai real estate market.
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Frequently Asked Questions
Who is the developer of MAG 550?
MAG 550 is developed by the renowned MAG Developer.
Where is MAG 550 located?
MAG 550 is situated in Dubai South, Dubai, UAE, at the intersection of Emirates Road and Expo Road.
What types of properties are available?
MAG 550 offers studios and one- to three-bedroom apartments.
What is the project status?
MAG 550 is a ready-to-move-in project.
What are the starting prices?
Starting prices are approximately AED 516,000 (USD 140,000) for a one-bedroom apartment (prices may vary; please inquire for the most up-to-date information).
What is the rental yield?
The average annual rental rate for a one-bedroom apartment starts at AED 28,000 (USD 8,000), offering an approximate annual ROI of 5.9% (figures may vary; please inquire for the most up-to-date information).
What amenities are available?
MAG 550 offers a swimming pool, retail space, landscaped gardens, a children's club, covered parking, high-speed elevators, 24/7 security, maintenance staff, running and cycling tracks, a spacious lobby, a reception desk with concierge services, and pet-friendly accommodations.
What is the location like?
MAG 550 benefits from its prime location in Dubai South, with easy access to major roads like Emirates Road and Expo Road. Expo 2020 is a short drive away, and while public transport is currently limited, taxi services are readily available. Several restaurants, cafes, and supermarkets are within a reasonable driving distance.
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1618, The Binary Tower, Business Bay, Dubai, UAE, P.O. Box No. 418125. Phone Number: +971 543662210
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