Dubai’s MAG Pushes Ahead with Two Upscale Launches

Thursday, 11th May 2017

UAE’s real estate developer MAG announces two more upscale investments, namely MAG 318 and MAG 230, for the Downtown and Dubailand, respectively, each backed by a 35/65 payment plan, Gulf News reports.

“We are giving customers fresh residential opportunities in two important areas of the city,” says Talal Moafaq Al-Gaddah, CEO of the property division.

“One that is already popular and home to some of Dubai’s best-loved destinations, and one that will become one of the most spectacular urban masterplans in the region.”

The Dubailand property has been earmarked for the City of Arabia cluster, a mixed-use destination that will have its own monorail system. “While our Group has been building its affordable housing offering with developments like MAG 5, we are (now) presenting a more high-end proposition,” says Al-Gaddah.

The Downtown high-rise will have the usual mix of upscale studios, one- and two-bedroom apartments to Downtown Dubai.

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