This development is located 7 KM away from the Expo 2020 site and according to the developer will be the first residential development completed within the vicinity (expected completion of June 2018). According to the developer, the Metro-Line being built for the Expo event will also run near the community.
- Studio Apartments built up area of 495 sq. ft.
- 1 Bedroom Apartments built up areas range from 645 - 677 sq. ft.
- 2 Bedroom Apartments built up area of 1,001 sq. ft.
- 2 Bedroom Apartments built up areas range from 1,469 - 1,536 sq. ft.
Prices for studios started from AED 400,000. 1 Bedrooms started from AED 500,000 and 2 Bedrooms from AED 800,000. These were introductory prices and have since been revised upwards. As of September 2015, prices for studios start from AED 520,000. 1 Bedrooms start from AED 600,000 and 2 Bedrooms from AED 870,000.
Payment Plan (as of March 2017)
- 10% Down
- 10% April 2017
- 10% July 2017
- 10% December 2017
- 10% April 2018
- 50% On Completion
Project Completion Status (as per DLD): 31.38% (as of Sept 15, 2017)
Dubai Land Classification & Escrow Account Details:
Land Number: 176
Project Number: 1673
Real Estate Developer: MAG 5 PROPERTY DEVELOPMENT
Trust Account Number: 0205037508002
Account Trustee Name: EMIRATES NBD BANK
RERA Permit No : 15128
Brokerage Firm: Taktical Realty Group LLC