MAG 218 Tower is being built as one of the many freehold residential towers located at the Dubai
Marina , which is opposite to the Jumeirah
Lake Towers and next to the Dubai Media City. The tower was designed by Dar Al-Handasah and will be located next to the Marina Pinnacle and the Marina Heights.
MAG 218 Tower will cover an area of 36,887 square feet (3,427 square meters) and the 66-storey tower will contain a total of 330 one-bedroom and 220 two-bedroom units. The units of the AED 350 million (USD 95.3 million) tower will range from 78 to 167 square meters (840 to 1,798 square feet).
Amenities at MAG 218 Tower will include 7 floors of parking, gym, tv lounge, a podium roof with swimming pool and jacuzzi, and a community/health club floor with community hall.
Expected Completion Date - In 2008
Real Estate Developer
MAG Property Development Department
Location
Dubai Marina, Dubai, United Arab Emirates
District 10, Plot no. 392-199 (A23B), Moafaq Al Gaddah Group, MAG Properties Development Department, MAG GROUP PROPERTY DEVELOPMENT DEPARTMENT,
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MAG 218 Tower - Dubai Marina
Mag 218 Tower is located at a prime location In Dubai Marina - District 10, Plot no. 392-199 (A23B). It is a residential building of 66 floors, of which 55 are residential floors of one and two-bedroom flats.
Dubai Marina is amongst the world's largest master planned waterfront development of its kind, built around an uninterrupted waterside promenade, parks and boat-berthing facilities.
This man made marina is strategically located on the Arabian Gulf in close proximity of leading five-star hotels, beach clubs and-prestigious-landmarks such as Dubai Internet City and Dubai Media City. It is-approximately 3.5km long with 11 km marine frontage; spanning an area of 30 million square feet. Dubai Marina comprises 10 districts, each of which will be developed as distinct communities.
Mohammed Nimer, Director, MAG Group PDD said "MAG 218 can be best described as functional in all aspects. Its buzzing location, which is walking distance from neighboring Internet and Media cities and major upcoming shopping centers in the area. In addition, it is just minutes away from the most serene waterfront in the area, the Dubai Marina. Functionality includes its design and finishing material as well, where MAG 218 is composed of 66 floors, 55 of which are 1 & 2 bedroom-apartments, while other 11 floors include parking, technical floors and one community floor.No doubt that perfection in performance requires the right partners who are experts in their relevant fields. That's why we've chosen Dar-Al-Handasah as our consultant, Asteco as our sales & marketing agent, Amlak as our financier.
A 66-storey residential Tower, 55 of which are comprised of 1 and 2-bedroom apartments, houses 7 floors for parking, 3 technical floors and a Community Area and Health Club Floor. There is a swimming pool and Jacuzzi on the Podium Roof.
The Tower is conveniently located minutes away from the most serene waterfront in the area - the Dubai Marina. It is also within a short distance of the most attractive shopping facilities, and other amenities such as Internet and Media Cities.
All the flats are spaciously designed with first-class finishings and fully equipped European standard kitchens.
The event was attended by high-profile businessmen specialized in the real estate business.
The Consultants for this project are Dar Al Handasah and the Sales & Marketing agent is Asteco. Payment facilities to buyers are offered by Amlak.
MAG 218 is the second of 12 projects in progress by MAG PDD who has developed a structured formula that combines design distinction with real estate basic principles based on quality and commitment in execution.