Dubai: MAG LD sells 600 homes for AED400mn in its MAG Eye project
MAG Lifestyle Development (MAG LD), the property development arm of MAG Group Holding, revealed that 600 units comprising studios and two- and three-bedroom townhouses have already been sold valued at AED400mn in its MAG Eye project.
Talal Moafaq Al Gaddah, CEO of MAG LD, commented: “We are thrilled with the heightened interest that MAG Eye, our iconic residential property in Meydan, Dubai has received. With a unique location in proximity to Downtown Dubai, Dubai International Airport, and the Meydan Racecourse, MAG Eye offers residents and customers unparalleled value. With fully furnished studio apartments starting at AED400,000 and a customer-centric 40:60 payment plan — 40% during construction, 60% upon handover — homeowners are encouraged to expect more with MAG EYE and they will receive it.”
The AED4.7bn MAG EYE project is the only fully gated townhouse and apartment community in Meydan District 7. The development features 4,292 studios, one-, and two-bedroom apartments, and 694 two-, three-, and four-bedroom townhouses.
In addition to beautifully designed homes crafted in partnership with interior design consultant, Opaal Interiors, and peer review consultant, VX Studio, residents will also benefit from 4,800sqm of public facilities, including a private clinic, nursery, and mosque, around 5,000sqm of retail space, and 84,211sqm of public parks and green areas, complete with a jogging and bicycle track.