MAG 230 is an upcoming residential development by MAG Property Development in the City of Arabia. This project will feature 1, 2, & 3 bedroom apartments. Completion is expected Q4-2019.

Property Types Available: Apartments
Location: Mohammad Bin Zayed Road
Status: Cancelled
Year Launched: 2017
Estimated Completion Date: October 2019
Developer: Mag Property Development
Title Type: Freehold
Quality Classification: Mid-end
Height Classification: High-rise
Life Cycle: Cancelled
Special Classification: Residential Building with some retail
Under Construction Buildings: 1
Under-Construction Apartments: 595
Floors: 31

MAG 230 - Apartments near IMG Worlds of Adventure

One, two, & three bedroom apartments for sale in City of Arabia.

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About MAG 230

About MAG 230

- MAG 230 is a 31-storey residential development in Dubailand along Sheikh Mohammed Bin Zayed Road.

- The Development is located in the City of Arabia.

- It is being developed by MAG Property Development.

- Project features 1, 2, and 3 bedroom apartments.

- It is located in close proximity to Al Barari, Falcon City of Wonders, and popular tourist destinations such as IMG Worlds of Adventure & Global Village

- The developer is offering a 35-65 payment plan, with 35% being paid during the construction period and the remainder being paid on completion.

Unit Sizes

- 1 Bedroom units range from 717 to 1039 sq. ft.

- 2 Bedroom units range from 1075 to 1505 sq. ft.

- 3 Bedroom units range from 2458 to 2479 sq. ft.

Payment Plan

- 5% Down Payment

- 5% August 2017

- 5% December 2017

- 5% April 2018

- 5% August 2018

- 5% December 2018

- 5% April 2019

- 65% Q4-2019

In addition to the 5% down payment, buyer will be required to pay 4% Registration fee, payable to the Dubai Land Department.

About City of Arabia

- A multi-billion dollar mixed-use development in Dubailand

- IMG Worlds of Adventure, a theme park, is located in this master development

- Future plans for this master development include Mall of Arabia, Wadi Walk, Earth Science Museum and Planetarium.

Dubai Land Classification & Escrow Account Details:

Land Number: 13

Project Number: 1854


Trust Account Number: 0205027022403

Account Trustee Name: EMIRATES NBD BANK

RERA Permit No : 15128

Brokerage Firm: Taktical Realty Group LLC

Positives of MAG 230

Amenities of MAG 230

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