MAG 330
Advantages
Location
- Prestigious district
- Great location
- Beautiful view
Features
- Panoramic windows
- Panoramic glazing
- Terrace
- Finished
- New project
- Tap water
- Electricity
- Driveway to the land plot
Indoor facilities
- Healthcare facilities
- Cinema
- Recreation area
- SPA centre
- Fitness room
- Pilates and yoga room
- Elevator
Outdoor features
- Barbecue area
- Landscaped garden
- Landscaped green area
- Transport accessibility
- Social and commercial facilities
- Car park
- Garden
- Footpaths
- Benches
- Well-developed facilities
- Swimming pool
- Common area with pool
- Running track
- Sports ground
Features
Community living
MAG 330 is a new high-end development from the developer, MAG Group. Buyers are offered studios and 1-bedroom or 2-bedroom apartments of different sizes. The complex will offer several facilities including playgrounds, a swimming pool and a fitness studio. The development is scheduled to be completed in the 4th quarter of 2025, but currently, while it’s in the construction stage, instalment payments are available to buyers.
The MAG 330 development is in the City of Arabia community in Dubailand, which will appeal to those who appreciate luxury Dubai real estate. Near the residential complex there are numerous excellent cafes and restaurants and the expansive amusement park, IMG World of Adventure, is a 5-minute drive away.
Uniqueness
The developer offers a unique set of services. The amenities include:
- A fully equipped fitness centre with a steam room, Jacuzzi and sauna;
- A play area for children with an area of 162 square metres;
- A spacious pool on the podium with a beautiful view of the city;
- A lounge area near the pool with green spaces and sun loungers.
Families with children will love that MAG 330 is conveniently located near IMG World of Adventure and GEMS Winchester School.
The upmarket community will welcome guests with a stylish lobby designed in black and white, and the panoramic windows of the residences will allow you to get maximum daylight.
Architecture and design
The snow-white L-shaped building designed in a modern classical style is visually stunning, and particularly attractive in the MAG 330 is its height. The complex is a 29-story skyscraper, adjacent to the podium housing commercial and public spaces. At the top of the podium, there is a swimming pool. Apartments in MAG 330 start from the 7th floor and residents of any apartment can enjoy beautiful views of the city.
MAG 330 in the City of Arabia offers the following luxury accommodation options:
- Studio apartments with an area of 47 square metres, from AED 642,000 ($175,000);
- 1-bedroom apartments from 72.6 square metres, from AED 880,000 ($239,500);
- 2-bedroom apartments from 112 square metres, from AED 1,320,000 ($359,500).
Economic attractiveness
Investment in MAG 330 will bring good rental income. For example - in the already commissioned tower, MAG 218, a 1-bedroom apartment of 84 square metres can be rented for AED 80,000 ($21,800) and bought for AED 900,000 ($245,000). Thus, the yield of the residence is 11.25%.
Further, this investment property in Dubai can currently be bought in instalments. To quality, a down payment of 10% will need to be paid, a further 40% during construction, and the remaining 50% is to be paid when the property is put into operation.
It is financially sound to invest in real estate in MAG 330 right now because in 2022 properties in Dubai increased by at least 25% in price after delivery.
Location
Dubai Land is a large-scale entertainment complex in Dubai, designed for recreation, shopping, and sports. The project was successfully planned more than 10 years ago and construction is currently in full swing. While the area is open to visitors, the park has not yet been fully opened. According to the project plans, the entirety of Dubai Land will be divided into several zones, each of which is designed for differently-themed forms of entertainment. The main goal of this project is to improve Dubai's tourism reputation and attract travelers to the UAE.
Payment plan
Layouts MAG 330
Developer
MAG Property Development (MAG PD) is the real estate development arm of MAG Group, one of the region's largest corporate entities. MAG PD’s vision is to be at the forefront of the region's property industry through its dedication to the group's...
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2 004 000 AED - 5 147 000 AEDCompletion date IV quarter, 2015 (Completed)
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3 999 000 AED - 6 208 000 AEDCompletion date IV quarter, 2024 (Off-plan)
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5 557 500 AED - 6 840 000 AEDCompletion date II quarter, 2021 (Completed)