HIGHLIGHTS
About MAG Eye
Overview | Project Details |
|---|---|
Overview Location | Project Details MBR City, Dubai |
Overview Project type | Project Details Off-plan |
Overview Property type | Project Details Apartments & townhouses |
Overview Unit type | Project Details Studios to 4-Bed |
Overview Developer | Project Details MAG Property Development |
Overview Est. handover | Project Details Q4, 2022 |
MAG Eye is the latest exclusive community in Mohammed Bin Rashid City (MBR City), offering a stunning collection of apartments and townhouses. The off-plan project by MAG Property Development is a part of District 7, set on the western side of the parent community. Besides well-designed residences, the neighbourhood also features a community mosque and a range of recreational facilities such as a sports court and fitness centre. The project is set to be delivered in Q4, 2022.
IN A NUTSHELL
- A sub-community in District 7, Mohammed Bin Rashid City
- Offers studios, 1 and 2-bedroom apartments and 2 to 3-bedroom townhouses
- Communal facilities include a mosque, retail spaces and a fitness centre
- Direct access to Meydan Racecourse
- Flagship project by MAG Property Development
PROPERTY
COMMUNITY OVERVIEW
MAG Eye is a mixed-use community in MBR City offering an urban lifestyle. The gated community is strategically located a few minutes from notable landmarks in the city, popular recreational facilities and retail spaces. Moreover, the community has direct access to Meydan Road (D69), connecting it with Al Khail Road (E44) and Sheikh Zayed Road (E11) in a short drive.
MAG Eye Masterplan
The mixed-use development includes the construction of high-rise apartment buildings and a row of townhouses in 2, 3 and 4-bedroom layouts.
The cluster of apartment buildings is on the northern side, featuring studios and 1-bedroom flats. Each building offers 24-hour security, a shared parking facility and other communal facilities such as a pool and garden. Open spaces and walking tracks are also added among these apartment complexes so residents can easily roam around the community. Moreover, the four buildings at the top of the community are arranged to make the letter ‘M’ when viewed from any angle.
On the other hand, townhouses are set on the southern side in 44 rows. These two-storey townhouses come with quality finishing and furnishings. The community parks and playgrounds are set in the centre of these rows for easy accessibility. Other community features include a clubhouse with a swimming pool, a mosque, a sports court and a boulevard.
Properties in MAG Eye
Properties in MAG Eye include apartments in studios and 1-bedroom layouts and 2,3 and 4-bedroom townhouses. The coverage area of apartments ranges from 391 sq. ft. to 908 sq. ft., featuring spacious living spaces, fitted kitchens, bathrooms and a balcony. There is an additional powder room and a separate living area in 1-bedroom apartments. The floor-to-ceiling windows in each bedroom offer scenic views of the community.
Townhouses in MAG Eye spread across two floors with an area of 1,638 sq. ft. to 2866 sq. ft. The living areas in these residences open to the backyard garden offering scenic views and a calm ambience. The master bedroom is on the first floor and has an attached bathroom and a balcony. In 3 and 4-bedroom layouts, the additional bedrooms are also on the first floor. Other features include a private parking space, laundry room and a maid’s room.
MAG Eye Floor Plans
Those looking for MAG Eye floor plans can browse through the floor plans available in 2D and 3D format on Bayut.
Sales Trends in MAG Eye
The price range of apartments in the community is as follows:
- The sale price of studio apartments in MAG Eye starts from AED 450k and goes up to AED 773k
- 1-bedroom apartments for sale in MAG Eye can be purchased from AED 650k to AED 1.4M
The neighbourhood offers villas in different layouts in the following price range:
- The price for 2-bedroom villas for sale in MAG Eye fluctuates between AED 1.6M to AED 1.9M
- 3-bedroom villas for sale in MAG Eye are available from AED 1.4M to AED 5.5M
- The starting price of 4-bedroom villas for sale in MAG Eye is AED 3.6M and it goes up to AED 4.7M
The sale price of townhouses in the residential community is listed below:
- The selling price for 2-bedroom townhouses in MAG Eye falls between AED 1.6M to AED 2.2M
- For a 3-bedroom townhouse for sale in MAG Eye, the prices start from AED 2.2M and increase up to AED 3.4M
- Those interested in buying a 4-bedroom townhouse in MAG Eye must prepare to shell out AED 3.4M to AED 9.8M
It is to be noted that the price of any property largely depends on the coverage area and amenities offered.
Payment Plan
MAG Property Development offers an easy and attractive with and without post-handover payment plan for interested investors. With a 10% down payment and 4% DLD fees, they can book the property of their choice, whether an apartment or a townhouse. The remaining 40% has to be paid in easy instalments during the construction phase, while the remaining payment can be made after possession. For those choosing without post-handover, the DLD fees and service charges will be waived with the 40/60 payment plan.
Location
- 20-minute drive to Dubai International Airport
- A 13-minute drive to Ras Al Khor Wildlife Sanctuary
- The Dubai Mall is a 16-minute drive
- It will take a 13-minute drive to reach Burj Khalifa
FAQS ABOUT MAG EYE
Where is MAG Eye located?
MAG Eye is an off-plan project by MAG Property Development in Mohammad Bin Rashid City, offering a range of residential units.
What is the price range of properties in MAG Eye?
Interested buyers can purchase apartments in MAG Eye for AED 450k to AED 1.4M, while buying villas in MAG Eye can cost around AED 1.6M to AED 9.8M.
*Featured image source: MAG Property Development