Just in:
Experts come together to support updating the city’s nature conservation masterplan // Universal Language for Healthcare: General Authority Embraces Global Coding System // Sharpening the Focus: Sharjah Health Department Refines Evaluation Criteria for “Healthy Schools Programme” // Court Sides with Coinbase on Wallet Service, But Staking Program Remains in Limbo // Party Nominees Refusing To Contest: Major Perception Threat For BJP // No running of govt from jail, says Delhi Lt Governor // US reiterates concern over Kejriwal arrest, Cong accounts // AI Boost for Galaxy Devices: Samsung Expands One UI 6.1 Update // Ajman Celebrates Conclusion of Ramadan Activities with Grand Ceremony // Experience Ultimate Shopping Freedom at 4.4 Shopee Spree: Don’t Worry, Shop Shopee! // Emirates Post Speeds Up Deliveries for GCC with Special Day // Arvind Kejriwal Was Used By BJP In 2011 Movement To Take On The Congress // Superland Announced Annual Results for 2023, 2023 Net Profit Increased approximately 39.5% to approximately HK$22.2 million as Compared to the 2022 Adjusted One // Andertoons by Mark Anderson for Thu, 28 Mar 2024 // Ingdan Announces 2023 Annual Results // Lisboeta Macau’s world first LINE FRIENDS PRESENTS CASA DE AMIGO and BROWN & FRIENDS CAFE & BISTRO has officially opened // Hope for Respite as UAE Endorses UN Plea for Gaza Truce // In Lok Sabha Polls In Punjab, AAP Is Advantageously Placed As Against Its Three Rivals // U.S. Compliance Takes Center Stage at OKX Following Industry Jitters // Infineon and HD Korea Shipbuilding & Offshore Engineering jointly develop ship electrification technology //
HomeMiddle EastDeveloper launches phase 3 of Dubai affordable homes project

Developer launches phase 3 of Dubai affordable homes project

1489278444 mag5 boulevard

MAG 5 Property Development has announced the launch of MAG 5, the third phase of its MAG 5 Boulevard community in Dubai.

ADVERTISEMENT

The developer said in a statement that MAG 5 has been released in response to “increasing investor demand for studios and both one and two bedroom apartments”.

MAG 5 Boulevard is the second project developed by MAG 5 PD, and is its first in the Dubai South area.

Unit prices start at AED310,000 for studios, AED410,000 for one bedroom units and AED510,000 for two bedroom apartments, as the development is targeted towards those earning between AED15,000-30,000 a month, the statement said.

It added that the project will be developed in phases, with phase 1 and 2 due for completion in Q4 2018 and phase 3 to be handed over by Q2 2019.

Talal Moafaq Al Gaddah, CEO of MAG 5 PD, said: “We have witnessed huge demand at MAG 5 Boulevard since its launch, with Phase 1 and 2 being outstandingly popular.”

The MAG 5 project falls within the fully-gated AED800 million MAG 5 Boulevard residential community and will see the addition of 270 units to the community’s existing 13 buildings, resulting in a total of 1,442 residential units.

Al Gaddah added: “MAG 5 PD will be focusing its future efforts on luxury mid-range developments across the UAE, where they are in high demand. We aim to fill this gap in the real estate sector by offering high-quality, sustainable and affordable housing tailored to the needs and preferences of middle income earners.”

Source link

ADVERTISEMENT

ADVERTISEMENT
Just in:
U.S. Compliance Takes Center Stage at OKX Following Industry Jitters // Lisboeta Macau’s world first LINE FRIENDS PRESENTS CASA DE AMIGO and BROWN & FRIENDS CAFE & BISTRO has officially opened // No running of govt from jail, says Delhi Lt Governor // Sharpening the Focus: Sharjah Health Department Refines Evaluation Criteria for “Healthy Schools Programme” // AIA Hong Kong Wins More Than 20 Accolades at MPF Ratings MPF Awards, BENCHMARK MPF of The Year Awards and Bloomberg Businessweek Top Fund Awards // Universal Language for Healthcare: General Authority Embraces Global Coding System // Meta Earth Official Website Launch: The Pioneer Explorer in the Modular Public Blockchain Domain // Experts come together to support updating the city’s nature conservation masterplan // Konica Minolta is named ASEAN 2023 Market Leader in Colour Light and Mid Digital Production Printers // Ajman Celebrates Conclusion of Ramadan Activities with Grand Ceremony // US reiterates concern over Kejriwal arrest, Cong accounts // Infineon and HD Korea Shipbuilding & Offshore Engineering jointly develop ship electrification technology // In Lok Sabha Polls In Punjab, AAP Is Advantageously Placed As Against Its Three Rivals // Ingdan Announces 2023 Annual Results // Hope for Respite as UAE Endorses UN Plea for Gaza Truce // German Job Market Resilience Bodes Well for Economic Recovery // Emirates Post Speeds Up Deliveries for GCC with Special Day // Arvind Kejriwal Gets International Heft Against The Deshi Vishwaguru // Court Sides with Coinbase on Wallet Service, But Staking Program Remains in Limbo // Superland Announced Annual Results for 2023, 2023 Net Profit Increased approximately 39.5% to approximately HK$22.2 million as Compared to the 2022 Adjusted One //