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MAG PARK

MAG PARK

Properties for Sale
Mohammed Bin Rashid City, Dubai
8 788 000 AED - 14 188 000 AED
Location Mohammed Bin Rashid City, Dubai
Type Development
Completion date IV quarter, 2024 (Off-plan)
Living space 497 - 804 m²
Advantages
Beautiful view
Type of buildings:
Premium
Downpayment from
10%
Prestigious neighbourhood
Mohammed Bin Rashid City
60% after commissioning of the property

MAG Park in Dubai

MAG Park in Dubai, UAE, is an off-plan community of premium townhouses by the major developer MAG Property Development. The residential complex is located in District 7, which is part of the larger Mohammed Bin Rashid City (MBR City).

Local properties are grouped into small clusters with footpaths and landscaped gardens in between. Buyers can choose from four-storey four- and five-bedroom townhouses, each with a parking space. The total floor area of four-bedroom townhouses for sale in MAG Park is 497 m², with 240 m² of adjacent grounds.

Five-bedroom homes boast a floor area of 803 m² and adjacent grounds of 390 to 459 m².

In MAG Park, prices from the developer are quite affordable. An off-plan property with four bedrooms is currently worth AED 8.8 million (USD 2.4 million). The new complex is scheduled for commissioning in Q4 2024.

MAG Park in Mohammed Bin Rashid City

From the new off-plan townhouse community, you can quickly access the Al Khail Road leading to the city centre. The following destinations are within a 10-minute drive:

  • Meydan Racecourse;
  • Al Quoz Pond Park;
  • Nad Al Sheba Cycle Park;
  • DxBike Cycle Club;
  • Dubai Hills Golf Club;
  • Spinneys Supermarket;
  • Tennis 360 Meydan Tennis Club;
  • Deep Dive Dubai Diving Center;
  • the Nad Al Sheba Health Centre.

Just like other off-plan projects, in MAG Park, you can find a number of educational institutions within a 10-15 minute drive:

  • Kiddy Planet Nursery and Odyssey Nursery;
  • Hartland and Dubai Bilingual French International Schools.

A trip from the new community to Downtown Dubai and the Jumeirah Beach takes about 15 minutes.

Location

  • Close to the countryside
  • Great location
  • Panoramic view
  • Beautiful view

Features

  • Panoramic windows
  • Panoramic glazing
  • Terrace
  • Dressing room
  • Finished
  • Good quality
  • Study room
  • Premium class
  • New project
  • Low-rise buildings
  • Tap water
  • Electricity
  • Driveway to the land plot

Indoor facilities

  • Child-friendly
  • Cafe
  • Bar
  • Staff room
  • Recreation area
  • Fitness room

Outdoor features

  • Children's playground
  • Landscaped garden
  • Landscaped green area
  • Social and commercial facilities
  • Backyard
  • Car park
  • Garden
  • Footpaths
  • Well-developed facilities
  • Swimming pool
  • Common area with pool
  • Running track
  • Sports ground

Real estate in MAG Park

Privileges

MAG Park in MBR City is part of the large MAG City district spanning over 48,000 m² with the following facilities:

  • Retail outlets and restaurants;
  • Community club;
  • Fresh bar;
  • Kindergarten;
  • Health centre;
  • Jogging and cycling tracks;
  • Outdoor recreation areas.

A park with sports courts and children’s playgrounds, swimming pools, recreation areas, and other facilities will be the centrepiece of MAG Park by MAG Property Development. Trees, shrubs, and lawns will be planted there to create a comfortable environment for pleasant walks.

Townhouses in MAG Park

All townhouses in MAG Park will have gardens, swimming pools, and terraces. Five-bedroom homes will additionally include barbecue areas.

There will be an entrance hall, an enclosed and an open-plan kitchen, a living room, a dining room, a bedroom, and a maid’s room on the first floor of each residence. The second and third floors are reserved for bedrooms. The fourth floor accommodates an outdoor terrace with a cooking area and recreation spaces. Five-bedroom townhouses will offer another room on the fourth floor to use at the owner’s discretion.

MAG Park by MAG Property Development

Now is the best time to buy properties in MAG Park for investment or relocation. As the construction progresses, the value of local townhouses will keep increasing. Prices of residential real estate in Dubai are forecast to grow by 5% in 2023.

Owners of townhouses can lease them out and receive a steady income. Homes in MBR City generate an average of 5.35% per annum. The annual rent on four-bedroom properties starts at AED 500,000 (USD 136,000).

Location
Spinneys
4 km
School
5 km
ATM machine
4 km
Burj Khalifa
11.1 km
Pharmacy
4 km
Sea
11.5 km
MBR City

MBR City is a developing neighbourhood located close to the centre of Dubai. It has schools, supermarkets, Meydan Racecourse, golf course, tennis club, parks, and gardens. Today, new residential, commercial, and tourist facilities are being built in the community. A Meydan One Mall, office centres, and art galleries are also planned.

Video

Payment plan

10%
On booking
10%
Within 6 months from booking date
10%
Within 12 months from booking date
10%
Within 18 months from booking date
60%
On Handover
FAQ
Who develops MAG Park?
MAG Property Development is in charge of the construction. Established in 1978, the company has completed many premium projects in Dubai.
What is the location of MAG Park?
Real estate in MAG Park is located in MBR City, near the Meydan Racecourse.
What property types are available?
Off-plan properties for sale in MAG Park are premium four- and five-bedroom townhouses.
When will MAG Park be completed?
The residential complex is scheduled for commissioning in late 2024.
What payment plans are available to property buyers in MAG Park?
The developer offers an instalment plan, under which 40% of the total value is paid during the construction and 60%, upon completion.
What is the price of townhouses in MAG Park?
The price of a four-bedroom townhouse starts at AED 8.8 million (USD 2.4 million), while five-bedroom homes cost AED 14.2 million (USD 3.86 million) and more.
Can a foreigner purchase a property in MAG Park?
Foreigners may have full ownership rights on local property.
Can I become a resident upon buying a townhouse in MAG Park by MAG Property Development?
Expats buying homes in the new community and paying for them out of pocket are eligible for a five-year residence visa of the United Arab Emirates.
Does MAG Park offer good living conditions in Dubai?
The new complex presents large premium homes with private gardens and swimming pools. The community is conveniently located in a district with a park, sports courts, and other facilities. All this makes the local high-end townhouses a perfect choice for comfortable living in Dubai.
What are the advantages and disadvantages of living in MBR City?
MBR City is an emerging community of Dubai with a racecourse, a golf club, and other popular areas. Parks, gardens, and water facilities account for a considerable part of its territory, making it a good place for countryside-style living. At the same time, Downtown and the sea are quickly accessible. No public transportation is available while the community is under development, but once completed, the district will feature a convenient urban transport network.
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