Resale 2 bedroom unit in Mag 5 boulevard, brand new building in sough-after location next to EXPO 2020.
* low floor
* next to the upcoming metro line
* gated community with all the facilities
* convenient exit and entrance
* Ideal for investors
20% plus OQOOD is paid. 80% outstanding amount to be paid to the developer
If you are looking to make an investment within Dubai South to take advantage of residential real estate geared towards the Airport/Logistics infrastructure and the Expo 2020 economy then Mag 5 is probably the most sturdy of options.
The developer is a top tier builder in the UAE, the project lies close to an upcoming metro-line and this is a project with a community feel rather than a stand-alone project.
More importantly, it will be one of the first major communities to be handed over in Dubai South (2018)
These property types will yield a 9-10% rental income upon completion.