Dubai, United Arab Emirates: MAG Lifestyle Development (MAG LD), the property development arm of MAG Group Holding, is proud to reveal the successful sales numbers of MAG EYE units. 600 units comprising studios and two and three-bedroom townhouses have already been sold valued at AED 400 million.
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 AED 400,000 and a customer-centric 40/60 payment plan — 40% during construction, 60% upon handover — home owners are encouraged to expect more with MAG EYE and they will receive it.”
The AED 4.7 billion 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. All have been designed to offer quality living spaces at affordable prices in an upcoming area of the city that is expected to deliver high ROI and significant price appreciation over the coming years.
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 4,800 square metres of public facilities, including a private clinic, nursery, and mosque, around 5,000 square metres of retail space, and 84,211 square metres of public parks and green areas, complete with a jogging and bicycle track.
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