DESCRIPTION
ABOUT MAG EYE APARTMENTS
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 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.
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PRICE & SIZE RANGE
| BEDROOM | STARTING SIZE (SQFT) | STARTING PRICE (AED) |
|---|---|---|
| STUDIO | 400 Sqft - 475 Sqft | 509,000 AED - 550,000 AED |
| 1 BEDROOM | 756 Sqft - 908 Sqft | 888,100 AED - 1,075,980 AED |
PAYMENT PLAN
| INSTALLMENT | MILESTONE | PERCENTAGE % |
|---|---|---|
| 1st Installment | On Booking | 10% |
| 2nd Installment | September 2018 | 10% |
| 3rd Installment | January 2019 | 10% |
| 4th Installment | March 2019 | 10% |
| 5th Installment | On Completion (Q3 2020) | 60% |
PAYMENT PLAN 2
| INSTALLMENT | MILESTONE | PERCENTAGE % |
|---|---|---|
| Down Payment | Booking Fee + Admin Fee | 10% + AED 5000 |
| 1st Installment | Monthly Payment (0.80%) – From 01 Feb 2019 to 09 Dec 2019 | 10% |
| 2nd Installment | Monthly Payment (0.80%) – From 06 Jan 2020 to 08 Dec 2020 | 10% |
| 3rd Installment | Monthly Payment (0.80%) – From 05 Jan 2021 to 15 Sep 2021 | 8% |
| 4th Installment | On Handover (Nov 2021) + DLD Fee | 12% + 4% |
| 5th Installment | Monthly Payment (1%) – From 15 Dec 2021 to 15 Dec 2022 | 13% |
| 6th Installment | Monthly Payment (1%) – From 15 Jan 2023 to 15 Dec 2023 | 12% |
| 7th Installment | Monthly Payment (1%) – From 15 Jan 2024 to 15 Dec 2024 | 12% |
| 8th Installment | Monthly Payment (1%) – From 15 Jan 2025 to 15 Jan 2026 | 13% |