Overview

Property Description

In Dubailand, MAG Lifestyle Development, a division of the MAG Group, built the stylish, L-shaped skyscraper MAG 330. The skyscraper is located within the City of Arabia mixed-development community. Depending on the floor plan, the apartments will come with a laundry room, powder room, utility room, and home office. They will range from 721 sq. ft. to 2,476 sq. ft. A 1-bedroom apartment in MAG 330 starts at AED 970K (USD 270K) as of June 2023. *Prices are valid for 2023 only Families with children will enjoy the extensive children's play area and the proximity to educational institutions. Active lifestyle enthusiasts will appreciate the sports amenities and ease of access to the Dubai Cycling Track. Instalment payments are available from the developer until the complex is completed in 2025. After handover, homeowners with a property valued at a minimum of AED 700K (USD 204K) will receive a UAE resident visa for two years, which allows their family members to be sponsored as well. The developer expects an ROI of up to 9 percent on real estate in MAG 330 when it comes to renting out their property. The average annual rental price for a 1-bedroom apartment in Dubailand is AED 34K (USD 9.3K) as of June 2023.

Location