Khaleej Times

MAG PD in new Dubai projects

- Staff Report

dubai — MAG Property Developmen­t (MAG PD) has announced that it will be broadening its presence across Dubai by expanding into Downtown Dubai and Dubailand, with the launch of MAG 318 and MAG 230, respective­ly.

Both projects will offer prospectiv­e tenants a 35/65 payment plan, as well as the chance to live in the city centre near Burj Khalifa and The Dubai Mall, or at the heart of the new City of Arabia masterplan.

Talal Moafaq Al Gaddah, CEO of MAG Property Developmen­t, said: “While our group has been building its affordable housing offering with developmen­ts like MAG 5, we at MAG PD are presenting a more high-end propositio­n with MAG 318 and MAG 230, which will feature a range of luxury amenities to offer residents a highly convenient and enjoyable lifestyle.”

MAG 318 Tower brings highend studios, one- and two-bedroom apartments to Downtown Dubai, providing easy access to The Dubai Mall and featuring private balconies that offer views of the Burj Khalifa. The developmen­t provides residents with a fully-integrated living environmen­t that is fully-walkable and in close proximity to schools, offices, hospitals, malls and hotels for maximum convenienc­e.

MAG 230 will be located on Sheikh Zayed Road and will offer spacious one-, two- and threebedro­om apartments with wellappoin­ted living spaces that showcase modern and upscale interiors with high-end finishes. The project is due for completion in the fourth quarter of 2019 and will bring 595 new apartments to Dubai’s real estate sector.

— business@khaleejtim­es.com

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