MAG PARK
8 788 000 AED - 14 188 000 AED
ID 295
Location:Mohammed Bin Rashid City, Dubai
TypeDevelopment
Completion dateIV quarter, 2024 (Off-plan)
4 bedroomsmin. 8 788 000 AED
5 bedroomsmin. 14 188 000 AED
Living space497 - 804 m²
Advantages
Beautiful view
Type of buildings:
Premium
Downpayment from
10%
Prestigious neighbourhood
Mohammed Bin Rashid City
60% after commissioning of the property
Location
- Close to the countryside
- Great location
- Panoramic view
- Beautiful view
Features
- Panoramic windows
- Panoramic glazing
- Terrace
- Dressing room
- Finished
- Good quality
- Study room
- Premium class
- New project
- Low-rise buildings
- Tap water
- Electricity
- Driveway to the land plot
Indoor facilities
- Child-friendly
- Cafe
- Bar
- Staff room
- Recreation area
- Fitness room
Outdoor features
- Children's playground
- Landscaped garden
- Landscaped green area
- Social and commercial facilities
- Backyard
- Car park
- Garden
- Footpaths
- Well-developed facilities
- Swimming pool
- Common area with pool
- Running track
- Sports ground
Features
Community living
Developed by MAG Lifestyle Development, The Mag Park townhouse collection in MBR City is be completed in 2024. Located in the prestigious developing area of MBR City in Dubai, UAE these luxury townhouses border the Business Bay area and can be reached in 15 minutes.
During the construction stage, it’s possible to choose the number of bedrooms and the layout of the townhouse. This high-end property in Dubai offers 4- or 5- bedrooms which is perfect for families. The community will offer numerous amenities, from gardens and swimming pools to cafes and sports fields and the villas will be surrounded by green lawns and trees.
Uniqueness
Surrounded by greenery and offering numerous amenities this townhouse community is situated conveniently, allowing residents of Mag Park quick access to the central areas of the Emirate, for example, Downtown Dubai is only 20 minutes away. Also, only 20 minutes away are the popular beaches of the Persian Gulf, such as Kite Beach and Jumeirah Beach. Although there is currently no mall in Mag Park, the road to the largest shopping and entertainment centre, Dubai Mall, is only 20 minutes by car. There are no public transport stops in the community, but for those who don’t have a vehicle, renting a car in Mag Park is an easy solution.
Besides, residents will be able to take advantage of numerous amenities located nearby, including:
- landscaped gardens with paths and running tracks;
- children's playgrounds;
- sports grounds;
- lounge areas; and
- a boulevard with shops and restaurants.
Among other features, these 5-storey townhouses boast a size of up to 803 sq metres, room for staff and offices on the roof.
Architecture and design
Currently, at the construction stage, it is possible to choose 8 layout options for 4- or 5-bedroom residences. All facilities in Mag Park, regardless of the layout, feature the same design: white buildings with wooden elements and large floor-to-ceiling windows. The interiors will present in a snow-white palette. This is a luxurious property using the highest-quality materials for decor.
For comfortable outdoor recreation, the houses are equipped with wooden terraces, and some have private pools. With thought given to the smallest detail in the design and interiors of the houses, The Developer’s aim was for residents to live as comfortably as possible and investors to receive a good income from renting out these houses, which should be in high demand.
Economic attractiveness
For the past 20 years, the UAE has been on the list as one of the best countries for investment. Return on investment in Dubai averages 5% per annum. Such profitability is ensured due to the high demand for real estate and the absence of income tax on rental income. Investing in Mag Park real estate can also bring a very high ROI. For example, already-built prime townhouses in neighbouring quarters earn at least 5% per annum, indicating that investments in Mag Park should be no less profitable.
The off-plan residential community offers a great advantage: the opportunity to buy a property in instalments. It’s possible to reserve a townhouse by paying 10% of the cost of the house, 30% is to be paid during construction and the final payment of 60% is to be paid at the end of 2024 when the complex is put into operation.
Location
Spinneys
4 km
School
5 km
ATM machine
4 km
Burj Khalifa
11.1 km
Pharmacy
4 km
Airport
24 km
History of Cinema Museum
18.4 km
Sea
11.5 km
Video
Payment plan
Payment number
Phase
Payment (%)
Down Payment10%
On Booking
10%
1st Instalment10%
Within 6 months from booking date
10%
2nd Instalment10%
Within 12 months from booking date
10%
3rd Instalment10%
Within 18 months from booking date
10%
Final Instalment60%
On Handover
60%
Properties in MAG PARK
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Popularity
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14 188 000 AED5804 m²Completion date IV quarter, 2024 (Off-plan)
-
8 788 000 AED4497 m²Completion date IV quarter, 2024 (Off-plan)
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8 788 000 AED4497 m²Completion date IV quarter, 2024 (Off-plan)
Developer
26
Objects completed
34
Objects in work
1978
Founded in
MAG Property Development (MAG PD) is the real estate development arm of MAG Group, one of the region's largest corporate entities. MAG PD’s vision is to be at the forefront of the region's property industry through its dedication to the group's...
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