MAG Eye Apartments at Mohammed bin Rashid City

MAG Eye Apartments in Meydan is an immaculate residential development by MAG Property Development offering studio & 1BR apartments with posh amenities.

Project Overview

Starting PriceAED 509,000
Price Per Sqft fromAED 1,272
Area from400 Sqft.
Type Apartments
BedroomsStudio1BR
Location Mohammed bin Rashid City
DeveloperMAG Property Development
Developer Projects6
Est. Completion Q3 2020
Views3.6k

MAG Eye Apartments by MAG Property Development

MAG Eye Apartments by MAG Properties is a collection of elegant high-rise homes located in the sought-after master development of Mohammed bin Rashid City in Meydan. These residences provide a very sophisticated urban lifestyle, offering unique living spaces that are both fashionable and budget-friendly.

The design of MAG Eye is designed to visualize the development of one of the best-celebrated cities in the world. Living in these apartments allows you to a good vista of the new Dubai. With good ventilation system, stylish interiors, and high-end amenities, these homes will surely make you feel comfortable, away from the busyness of city life.

MAG Eye Apartments welcome you to a selection of urban privileges being located at the door of urban living. Enjoy recreation and entertainment without limits. Explore convenience and comfort with the best retail shops and dining destinations surrounding the area.

MAG Eye is available in studio and 1-bedroom apartments.

Payment Plan: For Studios

InstallmentMilestonePayment (%)
Down PaymentBooking Fee + Admin Fee1.80% + AED 5000
1st InstallmentMonthly Payment (1.80%) – From 01 Feb 2019 to 09 Dec 201921.60%
2nd InstallmentMonthly Payment (1.80%) – From 06 Jan 2020 to 08 Dec 202023.40%
3rd InstallmentMonthly Payment (1.80%) – From 05 Jan 2021 to 31 Mar 20217.20%
4th InstallmentOn Handover (Nov 2021)50%

Payment Plan: 1-Bedroom

InstallmentMilestonePayment (%)
Down PaymentBooking Fee + Admin Fee10% + AED 5000
1st InstallmentMonthly Payment (0.80%) – From 01 Feb 2019 to 09 Dec 201910%
2nd InstallmentMonthly Payment (0.80%) – From 06 Jan 2020 to 08 Dec 202010%
3rd InstallmentMonthly Payment (0.80%) – From 05 Jan 2021 to 15 Sep 20218%
4th InstallmentOn Handover (Nov 2021) + DLD Fee12% + 4%
Post-Handover Payment Plan
5th InstallmentMonthly Payment (1%) – From 15 Dec 2021 to 15 Dec 202213%
6th InstallmentMonthly Payment (1%) – From 15 Jan 2023 to 15 Dec 202312%
7th InstallmentMonthly Payment (1%) – From 15 Jan 2024 to 15 Dec 202412%
8th InstallmentMonthly Payment (1%) – From 15 Jan 2025 to 15 Jan 202613%

Location Map

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Mohammed bin Rashid City
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This location in the map may not be exact. To get exact location, click here.

Escrow Account

Account Name MAG EYE Phase 1

Escrow Account

Project No. 2033

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