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MAG CENTRAL PARKS

MAG CENTRAL PARKS

Properties for Sale
8 688 000 AED
Location Mohammed Bin Rashid City, Dubai
Type Development
Completion date IV quarter, 2024 (Off-plan)
Living space 515 m²
Advantages
Beautiful view
Type of buildings:
Elite
Prestigious neighbourhood
Completion date
Q4-2024
Starting price
AED 8.69M

The residential complex MAG Central in Dubai

The MAG Central Parks residential complex under development in Dubai is an upcoming settlement of luxurious townhouses. The residential complex is in Mohammed Bin Rashid City (MBR City). All the townhouses will have three full floors, an additional roof-level open area, and a spacious fenced yard.

There are two types of townhouses here: four- and five-bedroom.

The total area of the four-bedroom houses is 497 square metres, with a private yard occupying 240 square metres. Townhouses with five bedrooms will have a total area of 803 square metres, with a plot of 390 square metres.

All the houses will have a private swimming pool, a large terrace and a private garden. The five-bedroom townhouse plot will have a barbeque area, an outdoor kitchen and bar, and a separate rooftop area that can be used as a home office or study room.

The swimming pool and terrace are behind the house, and parking is next to the main entrance. Townhouses with four bedrooms have two parking bays, and the cottages with five bedrooms have three.

The ground floor of the mansion will include:

  • spacious entrance hall;
  • staff room;
  • bathroom;
  • closed kitchen;
  • open-plan kitchen combined with a dining/ living room;
  • guest bedroom.

Upstairs is the sizeable master bedroom with a separate living room, walk-in closet and spacious bathroom. The third floor includes bedrooms, bathrooms and a lounge. The fourth floor has a spacious terrace with sitting areas and an open kitchen.

Picturesque, landscaped gardens with paths, recreation areas and children's playgrounds will be situated between the separate townhouse blocks. A wide sidewalk ennobled with ornamental trees and shrubs will be at the main entrance to the house.

MAG Central Parks in Mohammed Bin Rashid City, Dubai, the UAE 

The MAG Central Parks residential complex is part of the larger residential community of MAG City. The district comprises apartment buildings, townhouses, retail outlets, office space, green parks and open public areas. The community's total area is over 48,000 square metres. Green areas and parks comprise about 25,000 square metres of the district's territory.

Many amenities will be available to residents of the development community including :

  • social club of 2,300 m2;
  • café;
  • bar with fresh juices;
  • kindergarten;
  • open areas for sports/games;
  • running and cycling paths;
  • medical Clinic;
  • children’s playground;
  • recreation areas;
  • outdoor swimming pools for adults and children with cabanas and sunbathing areas;
  • retail outlets and catering institutes of 2,300 m2;
  • mosque.

Sale of real estate in MAG Central Parks

Construction on the upcoming residential complex began in the second quarter of last year, and the project will be completed at the end of 2024. Now you can profitably buy real estate in MAG Central Parks at a discounted price directly from the developer. The minimum cost of a four-bedroom home is AED 8.7 million (USD 2.4 million), and the five-bedroom townhouses will cost AED 14 million (USD 3.8 million). Housing costs will rise once construction is completed. You can learn about the current offers and prices in the website catalogue or by speaking to our real estate specialists.

The upcoming residential complex offers non-residents of the UAE the opportunity to own a house privately. With the MAG Central Parks programme, foreigners who purchase a property in MAG Central Parks can obtain a five-year resident visa with the right to extend.

Location

  • Close to schools
  • Close to the kindergarten
  • Prestigious district
  • Near the golf course
  • Great location
  • Beautiful view

Features

  • Terrace
  • Finished
  • Good quality
  • Luxury real estate
  • New project
  • Low-rise buildings
  • Tap water
  • Electricity
  • Driveway to the land plot

Indoor facilities

  • Child-friendly
  • Kindergarten
  • Healthcare facilities
  • Recreation area
  • Fitness room
  • Elevator

Outdoor features

  • Children's playground
  • Landscaped garden
  • Landscaped green area
  • Social and commercial facilities
  • Backyard
  • Car park
  • Garden
  • Footpaths
  • Swimming pool
  • Running track
  • Shop

Real estate in MAG Central Parks

Lifestyle

Townhouses in MAG Central Parks are ideal for family living as the large houses with spacious garden plots suit large families. Green parks, walking paths, outdoor recreation and sports areas make the village ideal for those who appreciate a quiet and measured life and enjoy spending time outdoors.

Residents will have access to all residential amenities. The restaurants and cafés serve delicious meals and drinks. You can relax with the whole family in the outdoor pools, play active games on the outdoor courts and more. You can buy all the necessary goods and food in the community outlets.

Advantages of the residential complex

One of the key advantages of the upcoming residential complex is the large area and functional layout of each townhouse. The houses are suitable for families with children as you can equip several children's rooms, an outdoor playground, or a shallow outdoor children's pool. You can enjoy quality time with the whole family in the spacious living room and on the large terrace.

A wide range of community amenities will be available to the upcoming village's residents, giving them autonomy. You can get from the residential complex to Dubai's centre with its extensive shopping, entertainment, and business centres in 15 minutes. There’s a free city beach called Kite Beach, which is ideal for water sports and relaxation.

Townhouses in the residential complex MAG Central Parks

All the townhouses in the upcoming residential complex will be high-tech, with straight roofs, large windows, balconies with glass railings, rectangular sun awnings on the balconies and parking. The townhouse facades will be in light colours.

Each house in MAG Central Parks will be delivered fully finished and furnished. In addition to a stylish kitchen set, the townhouse kitchens will have an oven, hob, microwave, dishwasher, extractor hood, wine cooler and a standard refrigerator.

Each house will have a separate room with a washer, dryer, and private elevator. The mansions will have Italian or Spanish lighting fixtures.

Investment properties in MAG Central Parks

Buying real estate in the residential complex MAG Central Parks under construction is an excellent option for a reliable investment. The houses are sold at a discount from the developer at a price below the market. While the residential complex is under construction, real estate buyers can benefit from the convenient instalment payment plan: 40% of the amount is paid during the construction process, and 60% is paid once construction is completed.

The cost of the houses will increase once the residential complex is operational, and investors will be able to sell or rent out housing profitably. The average annual income from long-term townhouse rentals in the MBR City area is 5.35% annually. The minimum cost of renting a four-bedroom house is AED 500,000 (USD 136,000) annually.

Location
Al Khail Mall
5.7 km
School
5.1 km
ATM machine
900 m
Burj Khalifa
10.6 km
Pharmacy
5.1 km
Airport
21 km
Museum of The Future
13 km
Sea
10.9 km
District MBR City

MBR City is a large multifunctional district in Dubai and is a city within a city. The community is located near the central part of the emirate, so it’s an attractive place to live and relax. The district has the largest Meydan racetrack in the emirate, where World Cup horse racing competitions are held. There’s a golf course next to the hippodrome, a tennis club, a hotel complex, retail outlets, cafés and restaurants.

Schools, kindergartens, supermarkets, mosques and sports centres operate in the district. A large Mall of the World will be built here.

Payment plan

10%
Down Payment
10%
After 6 Months
10%
After 12 Months
10%
After 18 Months
60%
On Handover

Developer MAG Property Development

26All objects of the developer
1978Founded in

MAG Property Development is building a brand-new residential complex. The company is a development division of the same-name group of companies. The group has operated in the UAE real estate market since 1978 and develops construction, trade, property management projects, etc.

The developer's most famous residential projects in Dubai are MAG Eye Apartments and MAG Townhouses in MBR City.

The company offers its clients a full range of real estate-related services, from purchasing a land plot to managing finished properties. The developer uses modern technologies and high-quality materials and pays attention to infrastructure development when building the construction to create premium products.

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