Potential buyers of apartments at the MAG218 project within the Dubai Marina community are invited for a viewing of what the new tower will look like.
Real estate and property management specialist Asteco will present a model for the 550-apartment, 55-storey tower on two open days – April 30 and May 1 – at its head office in Capricorn Tower, 6th floor, Sheikh Zayed Road, Dubai.
MAG218 will have one and two-bedroom apartments, an outdoor swimming pool with surrounding wooden deck, a fully-equipped gym, and a community area.
Buyers can visit from 10:00am to 8:00pm on both days, and Asteco consultants will be available to introduce the new project, which takes its name from the 27-year-old Moafaq Gaddah Group (MAG). No appointments are required.
“The model will provide prospective MAG 218 homeowners with the most comprehensive understanding of the fittings, finishes and unique facilities,” said Elaine Jones, Managing Director, Asteco. “MAG 218 is designed for those looking for contemporary style, functionality and a convenient home base within walking distance of business hubs such as the Internet and Media Cities, and Dubai Knowledge Village.”
“We have already seen an encouraging response to the project thanks to its competitive prices, and there are attractive finance options from AMLAK.”
MAG218 will be finished by the first quarter of 2008, and the consultancy Dar Al Handash is already working on the building’s design plans.
MAG Group’s Property Development Department is increasingly active, with twin towers planned for DIFC, and other properties on the drawing board for Dubai and Sharjah. MAG214 in Jumeirah Lake Towers, Dubai, is the group’s first tower project and is 95 per cent sold since launching last summer.
Founded in Dubai in 1985, Asteco is the UAE’s largest property management company. Its services include retail, commercial and residential sales and leasing; strategic consultancy; property marketing; feasibility studies and evaluations; and research and investment.
Established in 1978, MAG Group of Companies is a multinational trading company with 18 offices in eight countries in Europe, the Middle East and Asia.
