Mag 5 Residences

Mag 5 Residences, also known as B2 Tower, is a large-scale residential complex located on Al Reem Island near the Arabian Gulf. The 42-storey building includes more than 200 apartments with varying sizes and configurations. The project was developed by MAG Group.

The complex offers comfortable accommodations within a comfortable living environment, and it is surrounded by an abundance of green spaces and landscape areas.

Properties include one- to four-bedroom apartments and penthouses. Units have similar high-quality furnishings and decor, which provide a uniform style. In addition to the bedrooms, residences have modern bathrooms, kitchens, living rooms, dining areas, dressing rooms, and utility rooms. Units also feature marble floors and panoramic windows with stunning views of the surrounding area.

Apartments range in size from 1,200 sq. ft (366 sq. m) to 4,176 sq. ft (1,273 sq. m), and penthouses have an average size of 4,198 sq. ft. (1,280 sq. m).

Properties range in price from AED 350,000 (USD 95,290) to AED 3,800,000 (USD 103,485), and the average price of a four-bedroom penthouse is AED 3,700,000 (USD 100,733).

The return on investment rate for an apartment at Mag 5 Residences ranges from 5.9% to 6.15%, per annum.

Property owners can benefit from a variety of advantages, including:

• Central location near essential services
• Good transport accessibility
• Properties that were thoughtfully designed
• Wide variety of onsite amenities