HIGHLIGHTS
About MAG Park
Overview | Project Details |
|---|---|
Overview Location | Project Details MBR City, Dubai |
Overview Project type | Project Details Off-plan |
Overview Property type | Project Details Townhouses |
Overview Unit type | Project Details 4-Bed & 5-Bed |
Overview Developer | Project Details MAG Property Development |
Overview Handover | Project Details Q4, 2024 |
MAG Park is a mixed-use development in District 7 of MBR City, Dubai. The one-of-a-kind self-sustained community consists of 4 and 5-bedroom townhouses. The community is positioned at a prime location with easy connectivity to all major areas of the emirate. Al Meydan Road (D69) connects the community with the major UAE highway, Al Khail Road (E44). The developer, MAG Property Development has built the smart home residential community as per Contemporary architecture. Property handover is expected in Q4, 2024.
IN A NUTSHELL
- Contemporary-styled smart homes
- 4 and 5-bedroom triplex townhouses
- Expected ownership handover in Q4, 2024
- Self-sustained residences by MAG Property Development
- Part of the grand development, MAG City in MBR City, Dubai
- Quickly connects with major throughway, Al Khail Road (E44)
PROPERTY
COMMUNITY OVERVIEW
The parent community MAG City is a collection of apartment buildings, villas, semi-detached villas and retail centres. MAG Park MBR City is an elegant linear community in MAG City. The neighbourhood has dedicated land spaces for parks, clubhouses, mosques, retail, health, education and other public facilities. A 980 sq.m. central park is a part of the housing project along with kid’s play areas, jogging and cycling tracks, outdoor sports facilities, a horse racing track and swimming pools with cabanas.
MAG Park Masterplan
The master plan of MAG Park MBR City shows a series of townhouses in MAG City. These townhouses are built in contemporary fashion and are surrounded by landscaped greenery. Moreover, the town is bordered by a network of interlinked road and thus provide excellent connectivity to the neighbouring areas.
Properties in MAG Park
MAG Park Dubai features 4 and 5-bedroom multi-dimensional homes with a built-up area of 5,354 sq. ft. and 8,650 sq. ft. respectively. The ground floor consists of an outdoor terrace, private yard, private swimming pool, a show kitchen with an entertainment area and a closed kitchen along with a maid’s room, a powder room and an elevator to reach elevated floors. All bedrooms are ensuite with a walk-in closet and have spacious balconies. The rooftop terrace provides a great outdoor seating area with an outdoor kitchen to host family gatherings.
A 5-bedroom townhouse has some extra features such as a garage, a BBQ area and outdoor bar on the ground floor, an additional pantry on the first floor and a home office space on the rooftop deck.
Sales Trends in MAG Park
Townhouse Type | Average Sale Price in AED |
|---|---|
Townhouse Type 4-Bed | Average Sale Price in AED 8,516,000 |
The price range for a townhouse in MAG Park depends upon the number of bedrooms and covered space.
- The sales price of a 4-bedroom townhouse in MAG Park is about AED 8.5M.
- While a 5-bedroom townhouse in MAG Park can be bought at AED 13.6M.
Payment Plan
The developer offers a 40/60 payment plan for MAG Park Dubai. Prospective buyers need to pay 10% as a down payment. There are 3 instalments of 10% each at the time interval of 6 months. The remaining balance of 60% will be paid during the final settlement at the time of handover.
Instalment | Payment in % | Schedule |
|---|---|---|
Instalment Down Payment | Payment in % 10% | Schedule On booking |
Instalment 1st | Payment in % 10% | Schedule After 6 months |
Instalment 2nd | Payment in % 10% | Schedule After 12 months |
Instalment 3rd | Payment in % 10% | Schedule After 18 months |
Instalment Final Settlement | Payment in % 60% | Schedule On handover (Q4, 2024) |
*Source: MAG Property Development
Location
- Al Khail Road (E44) is 9-minutes away
- Al Quoz and Sobha Hartland Dubai are 13-minutes away
- Dubai Mall and Safa Park are 15-minutes away
- Dubai International Airport is 24-minutes away
- Jumeirah Beach is 19-minutes away
FAQs about MAG Park
Where is MAG Park located?
MAG Park is located in district 7 of MBR City in Dubai
What types of properties are available in MAG Park?
MAG Park offers 4 and 5-bedroom townhouses.
What is the estimated price tag of the properties in MAG Park?
The price range for a 4-bedroom townhouse in MAG Park is around AED 8.5M and the sale price for a 5-bedroom townhouse is a bit higher.
How many floors are there in the MAG Park townhouses?
The townhouses have a ground floor, two elevated floors and a rooftop terrace.
Who developed MAG Park?
MAG Park is developed by MAG Property Development.
*Featured image source: MAG Property Development