Dubai, United Arab Emirates, 24 February 2018: MAG Lifestyle Development, the development arm of MAG Group, has appointed Opal as the interior design consultant and VX Studio as the peer review consultant for its AED 4.7 billion MAG EYE project in Meydan, Dubai. Opal will be responsible for designing the interiors of the townhouses and apartment buildings, while VX Studio will provide development solutions that maximise return on investment.
Talal Moafaq Al Gaddah, CEO of MAG LD, commented: “We are pleased to be progressing work at MAG EYE in partnership with Opal and VX Studio, which both share our customer-centric philosophy and meticulous attention to detail. With its strategic location and attractive payment plan, MAG EYE has been designed to offer capital gains through long term investment strategy, while also providing a diverse living community for its future residents. We are confident that our consultants will help us to bring this project to life in line with our promise to exceed customer expectations.”
MAG EYE is the only fully gated townhouse and villa community in Meydan District 7, a prime location that is close to both Dubai International Airport and Downtown Dubai. Investors and future residents will benefit from an attractive payment plan that will allow them to pay 5% on reservation, 5% from the second to seventh instalment, and 65% upon completion.
The development features 3,952 studios or one-bedroom apartments and 536 three or four-bedroom townhouses. All have been designed to offer quality living spaces at affordable prices in an upcoming area of the city that is expected to deliver high ROI and significant price appreciation over the coming years.
In addition to beautifully designed homes, residents will benefit from access to a sports club, ladies lounge area,coffee shop, swimming pool, and dedicated children’s pool and indoor play area, as well as indoor and outdoor bar areas for community parties. MAG EYE also features 4,800 square metres of public facilities including a private clinic, nursery and mosque, around 5,000 square metres of retail space, and 84,211 square metres of public parks and green areas complete with a jogging and bicycle track.