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Marina Square

MAG 5 Residence (B2 Tower)

2 BR · Apartment · 3 bathrooms

Price history

Listed since 3 September 2026. The price has been cut once — dates and figures from the listing itself.

  1. 1 October 2026 AED 2 450 000
  2. 14 October 2026 AED 2 299 999 -6%

Where it is

The pin is placed by district — I send the exact address on request.

Dubai Marina

The original high-rise waterfront: a dense forest of towers around a man-made marina, and still the busiest rental market in the city.

  • reliable rental income
  • car-free living
  • fast resale

What to check: Much of the stock is fifteen to twenty years old and building condition varies enormously. Get the service charge history and walk the common areas before you offer — an unmaintained tower will cost you more than the discount you got.

Full district guide →

Questions and answers about lot NP12-408010

How much is this 2-bedroom apartment in MAG 5 Residence (B2 Tower)?

Lot NP12-408010 is priced at AED 2 299 999, about $626 000. The size is 1 722 sq ft (160 m²), which works out at AED 1 336 per sq ft.

Has the price of this lot been cut?

Yes. The listing history shows the price going from AED 2 450 000 to AED 2 299 999: AED 150 001 less, or 6%. It was cut once. On the market since 3 September 2026.

How does this price compare with other lots in MAG 5 Residence (B2 Tower)?

The database holds 5 lots in MAG 5 Residence (B2 Tower) right now, from AED 2 299 999 to AED 7 200 000. 2 of them share this type and bedroom count: this lot is the cheapest. At AED 1 336 per sq ft this lot is 5% below the median for the other lots in the project (AED 1 399).

Is this expensive or cheap for Dubai Marina?

The database holds 168 lots in Dubai Marina, starting from AED 500 000. The area median is AED 2 217 per sq ft; this lot is at AED 1 336. A gap that wide usually means an error in the listing rather than a real price difference — I will check it when you ask. 46 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.

Dubai Marina area guide →

Is the property ready or still under construction?

According to the listing, the property is ready.

Can this lot be bought with a mortgage, and what would the payment be?

UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 460 000; a loan of AED 1 840 000 over 25 years at 3.75–4.99% a year comes to roughly AED 9 500–10 700 a month. A non-resident puts down from 40% (AED 920 000) and pays about AED 7 100–8 100 a month. The bank approves the rate and the amount.

Run your own numbers in the mortgage calculator →

What does the seller say about the property itself?

From the listing: bathrooms — 3.

How do I view the property and get the exact address?

Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP12-408010 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

Video

Video: MAG 5 Residence (B2 Tower)

Reviews from the English YouTube channel — each one with a written breakdown on this site.

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