MAG Lifestyle Development, a real estate development group of MAG Group Holding, announced the completion of its AED 800 million MAG 5 Boulevard, a value-added housing project in Dubai South. The development, one of the first projects to be launched in the region, is now one of the first projects to be completed, ahead of schedule, and at the time for Expo 2020, the government is expected to hand over the largest units in the region to support the vision of Expo 2020 and the government.

Talal Moafaq Al Gaddah, Managing Partner and CEO of MAG Lifestyle Development, commented: We are proud to exceed our customer expectations by handing over MAG 5 Boulevard to our MAG of Value Code segment, which was established as a precursor to value-house construction. The project is designed to provide value for their money to shelter-income earners in a residential market in Dubai South, one of Dubais most exciting urban developments. Combined with its strategic location and quality amenities, and providing a fully integrated modern community, the project offers residents an entirely new lifestyle with MAG.

Mac 5 Boulevard comprises 13 buildings, including 1452 units with 498 studios, 732 one-bedrooms, 210 two-bedrooms, and 12 three-bedroom apartments.

The residential project includes a 24-hour walking community that spans over 800,000 square feet in the lush Dubai Green Belt. It is located in Dubai South, adjacent to the upcoming Dubai Expo 2020 site, with nearby schools, offices and hospitals providing unparalleled comfort to residents.

The elegantly designed landscaping and sophisticated facilities on MAG 5 Boulevard include a swimming pool, jogging tracks, gardens, outdoor resorts, children's areas, a community center and a series of retail, dining and leisure centers. There is ample space for parking and most of the apartments in the development will have balconies.