MAG City
UAE > Dubai > Meydan > Mohammad Bin Rashid City > MAG City
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Details
Commercial Title :
MAG City
Official Title :
MBR City
Type :
Free Hold
Development Number :
N/A
Registration Date :
N/A
Construction Started Date :
01-Dec-2019
Completion Status :
Under Construction
Life Cycle :
Developing
Master Developer(s) :
Meydan Group
Launch Date :
01-Sep-2017
Anticipated Completion Date :
N/A
Handover Date :
01-Jan-2026
Special Classifications
Amenities
Description
MAG City:
- MAG City is located in Mohammed Bin Rashid City, Dubai.
- MAG City is being developed by Meydan Group and MAG Group.
- The architectural consultant of MAG City is WSP Parsons Brinckerhoff.
- The main building work of MAG City is being done by China National Chemical Engineering Group.
Detail about MAG City:
MAG About 48,000 square meters of the city are used for retail areas. The project costs 2 billion Dh. It will contain 5,100 villas and flats when it is finished in five phases over the course of four to five years. By 2023, the first and second phases are anticipated to be completed. Within a maximum of five years following the start of construction, handover is anticipated. On December 14, 2019, the project's Dh2 billion groundbreaking ceremony took place. The developer made a commitment at the time to finish the project's first phase on schedule in 2022. VX Architects was in charge of the initial concept designs. 150 townhouses and 912 units will be housed in five structures that make up the first phase.
The second phase will include 92 townhomes and four towers with a total of 600 flats. The apartment complexes will provide studios and one-bedroom flats that are completely furnished. The 694 townhomes have two, three, or four bedrooms. Although there are no current plans to build the line, the development is situated near a potential future extension of the Al Etihad Rail Line. After a full redesign in 2022, the northern part of the concept currently consists of high-density luxury townhouses encircling a central park. It appears that the apartment buildings have been abandoned.
Location & Nearby
Dubai - United Arab Emirates
Location
Schools
Restaurants
Hospitals
Metro Stations
Shopping Malls
Hotels
Yearly Transactions and Sales
Transactions and Sales by Property Types
Price Per Square Feet "Sale"
Yearly Transactions and Rent
Transactions and Rent by Property Types
Price Per Square Feet "Rent"
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