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The new Dubai’s MAG 318 tower will be ready by April 2020

19.11.2019
The new Dubai’s MAG 318 tower will be ready by April 2020
The completion of the multifunctional MAG 318 project will take place in April 2020, according to schedule, the developer said.

Dubai-based MAG Group Holding reported that 65 per cent of the works completed as part of the implementation of the new MAG 318 project, which is scheduled for handover in April 2020.

The developer says in its statement that MAG 318 is an elite residential tower worth AED250 million (US$150 million) to complete. It has 439 apartments, including studios and apartments with one and two bedrooms and balconies overlooking the Dubai Canal and Downtown Dubai.

Upon completion, apartments with luxury finishes in this residential tower will be fully furnished with luxury furniture and interior items to deliver the new standard of luxury from MAG.

Talal Moafak Al Gadda, MAG’s Senior Executive Vice President, said: “Presenting the best that Dubai has to offer, MAG 318 is actively moving towards completion, consolidating our commitment to developing long-term relationships with our customers through offering them best-in-class quality projects with attractive architecture. "

“The complex is ideal for those who want to make Dubai their home and live in close proximity to the most attractive areas and locations of the city,” he said.

To provide an integrated living environment for residents, the project has modern amenities that include a swimming pool, outdoor recreation areas, a children's playgrounds, a social center, a lot of cafes and 18,000 square feet of retail space.

MAG 318 residents are also provided with convenient access to the Metro station and Business Bay, one of Dubai’s most interesting and fastest growing business districts, while families will appreciate the proximity to the best city schools and medical facilities.

MAG 318 also offers easy access to Downtown's famous attractions, including the tallest building in the world Burj Khalifa and the incomparable Dubai Mall, which has everything or almost everything Dubai has to offer

As for the buying apartments in this complex, IMEX Real Estate can offer the most attractive options for investors — studios from AED750,000 to AED770,000 UAE. At the same time, 65per cent of the housing cost can be paid upon completion of the project.

To always stay up to date with the latest analytics data and real estate prices in Dubai, subscribe to our newsletter using the form below. And in order to sell, lease or buy/ rent housing or commercial properties in Dubai, contact IMEX Real Estate. Our contacts:

Tel. in Dubai, UAE: +971 (50) 2528188 (Whatsapp, Viber, Telegram)

Toll Free Dubai: 800-IMEX (800-4639)

IMEX REAL ESTATE BROKER LLC, UAE

Office 2502, Marina Plaza, Dubai Marina, Dubai, UAE

Email: pm@IMEXre.com

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