Mag 230 Facts
Mag 230 Description
Mag 230 Apartments at City of Arabia by Mag Development in Dubai Land. MAG 230 is for sale in its entirety, with the full tower priced at AED 550,000,000 including all indoor and outdoor facilities. Comprising 1, 2 & 3 bedroom apartments, which cost AED 840 per square foot, this residential property is unlike any other in the area. In every inch of the building, a remarkable arrangement of aesthetics and practicality ensures form and function go hand-in-hand.
MAG 230 is a prestigious address in the heart of Dubailand, along Sheikh Mohammed Bin Zayed Road. The development is located opposite Al Barari, a 15-minute drive from Dubai International Airport and only 10 minutes away from the iconic Downtown Dubai neighbourhood.
INVESTOR DEAL a high-end residential landmark in City of Arabia, Dubailand
Full building investor deal with yearly income yield of 9%.
1BR, 2BR and 3BR Apartments | 717 Sq. Ft. – 2478 Sq. Ft.
Why Invest at MAG 230?
- Mall of Arabia – one of the world’s largest malls
- Wadi Walk – a water front community with stylish apartments, outdoor cafes and attractive retail outlets
- Elite Towers – a group of 34 impressive commercial and residential buildings
- 7 minutes away from the world’s largest indoor theme park
- 15 minutes away from Global Village
- Modern upscale interiors and high-end finishes
- Spacious apartments
- Ideal for families with amenities like unique jogging track, state-of-the-art health club, swimming pool, children play area
- Studios in Dubailand have shown average appreciation of 20% since launch
- Short-term rental incomes are expected to appreciate by 8% in the next 3 years
- Silicon Oasis, close to the City of Arabia is already a buzzing community due to its rating as the 2ndmost affordable destination in Dubai, indicating the demand and huge market for affordable properties in Dubai.