MAG Eye Townhouses at Mohammed bin Rashid City

MAG Eye Townhouses is an immaculate residential development by MAG Property Development offering 2BR, 3BR & 4BR townhouses with posh amenities in Meydan.

Project Overview

Starting PriceAED 1,599,000
Price Per Sqft fromAED 976
Area from1638.28 Sqft.
Type Townhouses
Location Mohammed bin Rashid City
DeveloperMAG Property Development
Developer Projects6
Est. Completion Q4 2021

MAG Eye Townhouses by MAG Property Development

MAG Eye by MAG Properties is an array of elegant townhouses located in the iconic master development of Mohammed bin Rashid City in Meydan. Offering unique living spaces that are both stylish and affordable, these residences provide a very sophisticated urban lifestyle.

The design of MAG Eye Townhouses is intended to reflect the evolution of one of the best-celebrated cities in the world. Living in these residences is like getting a good vista of the new Dubai. With elegant interiors, good ventilation system and upscale amenities, these homes will surely make you feel relaxed, away from hustle-and-bustle of city life.

Located at the door of urban living, MAG Eye Townhouses welcomes you to a selection of urban privileges. Enjoy recreation and entertainment without interruption. Explore convenience and comfort with the best retail shops and dining destinations surrounding the area.

MAG Eye is available in 2, 3 and 4-bedroom townhouses.

Payment Plan

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%

MAG Eye Townhouses Video

Location Map

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