VILLA FOR RENT IN MAG EYE, DISTRICT 7
Fairy Homes Real Estate offer you Brand new 3Bhk+Maid room villa for rent mag city
Area
Mohammed Bin Rashid City
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Overview
MAG City is an area located within Mohammed Bin Rashid City, Dubai.
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Timeline
Construction began in December 2019.
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Master developer
The master developer is Meydan Group.
architecture
The architect
The architectural consultant is WSP Parsons Brinckerhoff.
construction
The contractor
The main building work is being done by China National Chemical Engineering Group.
MAG City is spread over 48,000sq m with about 8,000sq m for retail spaces.
It is a Dh2 billion project.
It will be completed in five phases in four to five years and will have 5,100 villas and apartments. The first and second phases expected to be ready by 2023.
Handover is expected to happen within a maximum of five years from the start of construction.
The groundbreaking ceremony for the Dh2 billion project was held on 14 December 2019. At the time the developer promised to complete the first phase of the project on time in 2022.
Early concept designs were done by VX Architects.
The first phase will consist of five buildings containing 912 units and 150 townhouses. The second phase will consist of four buildings of 600 units and 92 townhouses.
The apartment buildings will contain fully-furnished studios and 1-bedroom apartments. The 694 townhouses come in 2-, 3-, and 4-bedroom layouts.
The development is located next to a potential future expansion of the Al Etihad Rail Line, although there are no immediate plans to build the line.
In 2022 the northern half of the masterplan was completely redesigned and now comprises high-density luxury townhouses surrounding a central park. The (unbuilt) apartment buildings have apparently been scrapped.
See all transactions in this location
Brand New 3BHK+Maid /Ready for move in
Property Type:
Villa
Property Size:
2,017 sqft / 187 sqm
Bedrooms:
3
Bathrooms:
4
Available from:
27 Mar 2024
Project:
Location
MAG Eye
Dubai, Mohammed Bin Rashid City, District 7
Agent
Matee Ullah Khan
Fairy Homes Real Estate
(102 Properties)
Description
Area
Mohammed Bin Rashid City
donut_small
Overview
MAG City is an area located within Mohammed Bin Rashid City, Dubai.
timelapse
Timeline
Construction began in December 2019.
shield
Master developer
The master developer is Meydan Group.
architecture
The architect
The architectural consultant is WSP Parsons Brinckerhoff.
construction
The contractor
The main building work is being done by China National Chemical Engineering Group.
MAG City is spread over 48,000sq m with about 8,000sq m for retail spaces.
It is a Dh2 billion project.
It will be completed in five phases in four to five years and will have 5,100 villas and apartments. The first and second phases expected to be ready by 2023.
Handover is expected to happen within a maximum of five years from the start of construction.
The groundbreaking ceremony for the Dh2 billion project was held on 14 December 2019. At the time the developer promised to complete the first phase of the project on time in 2022.
Early concept designs were done by VX Architects.
The first phase will consist of five buildings containing 912 units and 150 townhouses. The second phase will consist of four buildings of 600 units and 92 townhouses.
The apartment buildings will contain fully-furnished studios and 1-bedroom apartments. The 694 townhouses come in 2-, 3-, and 4-bedroom layouts.
The development is located next to a potential future expansion of the Al Etihad Rail Line, although there are no immediate plans to build the line.
In 2022 the northern half of the masterplan was completely redesigned and now comprises high-density luxury townhouses surrounding a central park. The (unbuilt) apartment buildings have apparently been scrapped.
Transactions for Similar Properties
3 Beds Villa in MAG Eye
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 7 Mar 2024 | 2,850,000 | 1,473 |
| 1 Feb 2024 | 1,450,000 | 1,476 |
| 16 Jan 2024 | 2,604,000 | 1,460 |
| 16 Jan 2024 | 1,000,000 | 1,460 |
| 16 Jan 2024 | 1,200,000 | 1,460 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
 There are no transactions to display | ||
Powered byDataGuru
This property costs the same as the average price of 3 bedroom in Mohammed Bin Rashid City
Average Rent is 210,208 AED
This property is 6% smaller than the average size of 3 bedroom in Mohammed Bin Rashid City
Average size is 2,156 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Mohammed Bin Rashid City
Reference:
fairyhomes-8113212
Listed:
1 month ago
Broker ORN:
28239
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