MAG Eye Apartments
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Escrow
| Project # | 2033 |
| Account Name | MAG EYE Phase 1 |
| Developer | MAG EYE REAL ESTATE DEVELOPMENT - FZ |
| Registration Date | 25/03/2018 |
| Completion Date | 26/06/2020 |
| Escrow # | 0205420707303 |
| Bank Details | EMIRATES NBD BANK (P.J.S.C) |
Payment Plan
| Payment name | Payment amount | Payment date |
|---|---|---|
| Down Payment | 5% + 4% DLD Fees + AED 5000 Admin Fee | On Booking |
| Under Construction | 35% | (5% + 30 monthly payments of 1%) |
| Handover | 10% | - |
| Post Handover | 50% | (25 monthly payments of 2%) |
Project characteristics
About the house
| 🟧 Title Type | Freehold |
| 🟧 Quality Classification | Mid-end |
| 🟧 Height Classification | Mid-rise |
| 🟧 Number of floors | G+8, G+16 |
| 🟧 Security | 24 Hour Security |
| 🟧 Parking | Covered Parking |
| 🟧 Amenities | Landscaped Gardens, Mosque, Spacious backyard, Public Park, Restaurants and cafes, Balcony, Built in Wardrobes, Central A/C |
| 🟧 Number of buildings | 33 |
| 🟧 Offplan | Yes |
| 🟧 Property Type | Apartment |
| 🟧 Project № | 2033 |
| 🟧 Kid’s Facilities | Kids Play Area, Schools and Nurseries |
| 🟧 Sports Facilities | Gym, fitness |
| 🟧 Swimming Pool | Yes |
About the units
| 🟧 Number of units | 5500 |
| 🟧 Apartment area | 400–908 sq ft |
| 🟧 Fully furnished | No |
| 🟧 Kitchen | Kitchen Appliances included |
| 🟧 Maid's room | No |
Information about the project
MAG Eye Apartments, a sophisticated urban lifestyle that is both practical and affordable.
Location
The complex is part of the Meydan community, with its world-famous racecourse. Residents and guests of the community can enjoy entertainment facilities, sports complexes, bars and restaurants. A large number of parks and green areas let residents be close to nature, while the presence of business centers allows them to work close to home.
What is around?
- Nurseries/ Education: English Speaking, IB schools, Dubai International School Al Quoz (within 15 min)
- Shopping: Dubai Mall (15 min), NAS Market, Fair Mart, Newlook Salon, Cafe Alhadheerh, La campana, Casa di Mauro (10 min)
- Medical Facilities: Visa Medical Centre (15 min)
- Café/Restaurants: (5 min)
- Entertainment: Al Quoz Pond Park with the lake (8min)
- Others: Shooting place NAS (2 min), Falcon Heritage, Sports Centre (9 min)
Appearance
The large-scale construction is presented in the form of an equilateral triangle. The building, representing modern architecture, stands on top of it. It occupies a rectangular area and is located along its perimeter, leaving the middle unoccupied. The walls of the building are reduced to the middle, forming outlines resembling star rays while the facade sparkles with windows. There are 8-storey houses, standing after the main building which are characterized by the simplicity of the execution and straight lines. The townhouses are located close to the base of the triangle. Trees are planted between the buildings, decorating the residential complex.
Indoor infrastructure
Residents will be able to attend a mosque within the community and for children there will be nurseries and schools. Family holidays will be unforgettable in beautiful parks, thanks to barbecue areas, paths with benches, playgrounds and children's areas. Restaurants, cafes, shops, hairdressers, dry cleaners and other amenities will also be located within the complex. Residents will be able to swim in large or small temperature controlled pools with clean water. A gym and a fitness center will be equipped for practicing sports. The modern security system, which guards the residents' peace around the clock, will ensure safe living.
Transport
- Road Access: Al Khail road, Al Meydan road
- Airport: Dubai International Airport (25 min)
- Heliport: Palace helipad (8 min)
About the units
The complex will have more than 5500 units and the apartments are divided into studios and 1 bedroom units. At the same time, the townhouses have at least 3 bedrooms. The apartments have spacious balconies, and the townhouses have an ample backyard. Comfortable temperatures will be provided by the central AC system. The kitchens will have refrigerators, ovens, dishwashers and the necessary cabinets. Built-in wardrobes skillfully fit into the interior, providing reasonable zoning of premises.
The developer
MAG Property Development has been active on the Dubai property market in 1978 and this complex is one of six that are currently on sale.
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