MAG 330 is a new residential complex by MAG Lifestyle Development, a part of the MAG Group. The stylish, L-shaped skyscraper is located in a mixed-development community, City of Arabia, in Dubailand. Residences on offer are studios and 1-2 bedroom apartments with total sizes ranging from 721 sq. ft to 2,476 sq. ft. These will come with a laundry room, powder room, utility room and home office, depending on the floor plan.
Residents will be able to enjoy a variety of amenities in the complex, such as:
As of June 2023, the starting price of a 1-bedroom apartment in MAG 330 is AED 970K (USD 270K).
*The price is valid for 2023
The MAG 330 complex is located in a new mixed-development community, City of Arabia, sprawled out over 185 hectares. Sheikh Mohammed Bin Zayed Road is close by, allowing residents to easily access different areas of the emirate.
GEMS Winchester School, Falconcity Nursery and the indoor theme park IMG: Worlds of Adventure are all a 5-minute drive from the complex. Other tourist attractions, as well as social, transportation, and entertainment infrastructure that are located within a half hour’s drive include:
MAG 330 will be the ideal place for families with children thanks to its extensive children’s play area and the proximity to educational institutions. Active lifestyle enthusiasts will appreciate the sports amenities and easy access to the Dubai Cycling Track.
Construction of the complex is scheduled for the end of 2025. The developer is offering a convenient payment plan in instalments. After handover, homeowners who have purchased a property worth a minimum value of AED 700K (USD 204K) will receive a 2-year UAE resident visa which also allows the sponsorship of family members.
Real estate in MAG 330 will become a lucrative investment option for those looking to turn a profit by renting out their property. The developer is predicting an ROI of up to 9 %. As of June 2023, the average yearly rental price for a 1-bedroom apartment in Dubailand is AED 34K (USD 9.3K).
*The price is valid for 2023
The developer of MAG 330 is MAG Lifestyle Development.
The complex will be part of the community of the City of Arabia in Dubailand.
The complex has studios and 1-2 bedroom apartments for purchase.
The completion date of the complex is scheduled for December 2025.
In order to receive more detailed information regarding payment plans, please contact a Metropolitan Premium Properties agent.
Prices for a 1-bedroom apartment in MAG 330 starts at AED 970K (USD 270K).
Yes, you can become a resident of the UAE.
If the value of your property at MAG 330 is at least AED 750K (USD 204K), you can apply for a 2-year UAE resident visa. Property owners with real estate totaling a minimum of AED 2M (USD 545K) are eligible for the 10-year Golden Visa.
Yes, as MAG 330 is a freehold complex.
Based on the developer’s projections, the expected ROI in MAG 330 is 9 %.
The complex will have first class amenities for an active lifestyle, including a health club with a sauna, steam room and jacuzzi, as well as a yoga room, gym, swimming pool and more. Families with children will appreciate the spacious children’s play area and the close proximity to schools and kindergartens.
There will be commercial and residential buildings, shops, F&B establishments and the Mall of Arabia - one of the largest shopping centres in the world. IMG Worlds of Adventure theme park is already in full operation in the City of Arabia.
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