MAG Property Development (MAG PD) plans to expand its presence across Dubai with the launch of projects in two new areas of the city Downtown Dubai and Dubailand.
MAG 318 and MAG 230 will offer prospective tenants the chance to live in the coveted city centre near to the iconic Burj Khalifa and Dubai Mall, or at the heart of the new City of Arabia masterplan.
Talal Moafaq Al Gaddah, CEO of MAG Property Development, said: By launching MAG 318 and MAG 230, we are giving our customers fresh residential opportunities in two important areas of the city one that is already popular and home to some of Dubais best-loved destinations, and one that will become one of the most spectacular urban masterplans in the region.
“While our Group has been building its affordable housing offering with developments like MAG 5, we at MAG PD are presenting a more high-end proposition with MAG 318 and MAG 230, which will feature a range of luxury amenities to offer residents a highly convenient and enjoyable lifestyle.
MAG 318 Tower brings high-end studios, one and two bedroom apartments to Downtown Dubai, providing easy access to Dubai Mall and featuring private balconies that offer views of the Burj Khalifa the worlds tallest building.
MAG 230 will be developed in the heart of Dubailand as part of the City of Arabia master plan the multibillion USD retail, residential, commercial and entertainment destination that has been designed as a self-contained community and will be served by its own dedicated monorail system.
The development is located on Sheikh Zayed Road a 15 minute drive from Dubai International Airport and only 10 minutes from Downtown Dubai giving tenants easy access to the city while also providing them with a haven of luxury and high class living at home.
The project is due for completion in Q4 2019 and will bring 595 new apartments to Dubais real estate sector.