Mag 218 Tower
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Agents Working in Mag 218 Tower
About the project
Mag 218 Tower is an apartment complex from the developer MAG Group, located in Dubai Marina. The skyscraper is 761 ft (232 m) high and has 55 floors and a seven-level underground parking lot. Floors 1 to 3 are occupied by public spaces and commercial premises. The complex was commissioned in 2010.
In total there are 330 apartments with 1 bedroom and 220 apartments with 2 bedrooms in the building. Each has fantastic views of Dubai Marina Walk.
Residents have access to the following amenities:
- 24-hour security;
- 24/7 concierge service;
- a fitness center;
- a children’s garden;
- a barbecue area;
- a playground;
- a swimming pool;
- a sauna and jacuzzi;
- a spa-center;
- a hall for events;
- underground parking for 572 cars;
- parking for guests.
A 875 sq. ft (81 sq. m) apartment includes a bedroom, two bathrooms, a separate kitchen, and a living room. The minimum price is AED 700,000 (USD 189,000).
*The price is valid for 2020
Location
Located in the prestigious Dubai Marina area just off Sheikh Zayed Rd. so access to any part of the city takes no more than 40 minutes.
Dubai International Airport is approximately 20 minutes away and Al Maktoum International Airport is approximately 30 minutes away.
Al Khail Metro Station and Sobha Realty Metro Station are a 15-minute walk away. There are also bus and streetcar stops close by.
Business Bay, home to the offices of major companies, is a 15-minute drive away. The road to Downtown Dubai with famous sights (Burj Khalifa, Dubai Fountain, Dubai Mall) takes about 20 minutes.
RRA Radel Dubai and Emirates Golf Club are a 5-minute drive away. Skydive Dubai skydiving center is also only 5-7 minutes away.
Aquaventure Waterpark is located on Palm Jumeirah. It takes about 15 minutes to get there. It is the largest water park in the world where you can find water slides and other activities for the whole family.
Within walking distance of the complex there are various stores, supermarkets, pharmacies, cafes, restaurants and Barasti Beach. As well as a kindergarten Ruffles Marina Nursery and medical clinics of various profiles.
The large shopping center, Dubai Marina Mall, is located 15-20 minutes walking distance.
Payback
Profitability is 5.72%. The average cost of a long-term lease for a one-bedroom apartment is AED 65,000 (USD 17,550) per year.
*The price is valid for 2020
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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