Just in:
Sharpening the Focus: Sharjah Health Department Refines Evaluation Criteria for “Healthy Schools Programme” // Sharjah Chamber Breaks Ground on Final Expansion with New HQ Pact // 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 // 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 // Hope for Respite as UAE Endorses UN Plea for Gaza Truce // 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 // Renewables Surge Sets Record, But Global Equity Lags // Ajman Celebrates Conclusion of Ramadan Activities with Grand Ceremony // First-Ever Fortune Innovation Forum Draws Top Global Leaders to Hong Kong, Promoting Agendas On Collective Cross-Sector Advancement // Konica Minolta is named ASEAN 2023 Market Leader in Colour Light and Mid Digital Production Printers // AI Boost for Galaxy Devices: Samsung Expands One UI 6.1 Update // Emirati Aid Reaches Ukraine as Food Shortages Bite // Samsung Partners National Heritage Board to Bring a Slice of Singapore’s Cultural Heritage to Samsung The Frame TV // Infineon and HD Korea Shipbuilding & Offshore Engineering jointly develop ship electrification technology // Ingdan Announces 2023 Annual Results // Andertoons by Mark Anderson for Thu, 28 Mar 2024 // Experts come together to support updating the city’s nature conservation masterplan // Arvind Kejriwal Was Used By BJP In 2011 Movement To Take On The Congress // U.S. Compliance Takes Center Stage at OKX Following Industry Jitters //
HomeMiddle EastDubai affordable homes developer says 50% of phase 2 sold in a week

Dubai affordable homes developer says 50% of phase 2 sold in a week

1481479034 mag5 boulevard

Developers behind a $190.5 million affordable housing project in Dubai have announced that 50 percent of its second phase of homes have been sold within a week.

ADVERTISEMENT

MAG 5 Property Development, a real-estate company formed jointly by MAG Property Development and MBM Holding, announced the sales success for its MAG 5 Boulevard project at Dubai South.

This is the first community project developed by MAG 5 Property Development and also the first of such developments to be launched within Dubai South, with prices starting from AED499,999.

Talal Moafaq Al Gaddah, CEO, MAG 5 PD said: “We received an incredible demand for this project with Phase 1 of MAG 5 Boulevard — a development that is targeted towards those earning between AED25,000-30,000 per month.

“The rapid sales for MAG 5 Boulevard support a recent market study by Cavendish which shows that demand for affordable housing in the emirate is growing rapidly. This demand has translated into unprecedented appetite for MAG 5 Boulevard.”

The entire MAG 5 Boulevard development comprises 13 buildings and 1,172 residential units currently on sale. Phase 1 handover for the development is scheduled to commence in the fourth quarter of 2018.

Source link

ADVERTISEMENT

ADVERTISEMENT
Just in:
Following the Money Trail: US and UK Investigate $20 Billion in USDT Transfers Tied to Sanctioned Russian Exchange // Sharpening the Focus: Sharjah Health Department Refines Evaluation Criteria for “Healthy Schools Programme” // Emirati Aid Reaches Ukraine as Food Shortages Bite // 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 // German Job Market Resilience Bodes Well for Economic Recovery // 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 // Meta Earth Official Website Launch: The Pioneer Explorer in the Modular Public Blockchain Domain // Universal Language for Healthcare: General Authority Embraces Global Coding System // Ingdan Announces 2023 Annual Results // Court Sides with Coinbase on Wallet Service, But Staking Program Remains in Limbo // Sharjah Chamber Breaks Ground on Final Expansion with New HQ Pact // 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 // US reiterates concern over Kejriwal arrest, Cong accounts // No running of govt from jail, says Delhi Lt Governor // Global Audience to Witness Thrill of Dubai World Cup // Ajman Celebrates Conclusion of Ramadan Activities with Grand Ceremony // Samsung Partners National Heritage Board to Bring a Slice of Singapore’s Cultural Heritage to Samsung The Frame TV // Renewables Surge Sets Record, But Global Equity Lags // Experts come together to support updating the city’s nature conservation masterplan //