Apartment for Sale in Hadaeq Sheikh Mohammed Bin Rashid by Mag

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Off Plan

MAG City Residential

developer logoMag
MAG City Residential, Meydan, Dubai
Apartment
0% Completed

About Property

Discover the luxurious living experience at MAG City Residential, perfectly situated next to the iconic Meydan Racecourse, offering unparalleled views of Dubai's breathtaking skyline. With seamless access to the city's vibrant offerings, MAG City is the ultimate choice for urban dwellers seeking an elegant and contemporary lifestyle.
Spanning over an impressive 405,750 m2, MAG City presents a stunning integrated community featuring modern residences, including a mix of stylish apartments and townhouses. Designed with meticulous attention to detail by the region's top architects and developers, the living spaces offer a perfect blend of timeless design and contemporary elegance.
Residents can indulge in a wealth of unparalleled amenities, sprawling open spaces, and beautifully manicured gardens and lush green landscapes. The community boasts 5,510 sq.m. of public facilities and 3,000 sq.m. of retail space, providing everything you need for an idyllic urban lifestyle.
Embrace the essence of luxury living with access to exclusive amenities, including a kids play area, making it the perfect choice for families. Come home to MAG City Residential and experience the epitome of sophisticated living in the heart of Dubai's most desirable location.
Prices at MAG City Residential range between AED 1,720,000 to AED 1,720,000, offering an incredible opportunity to invest in your dream lifestyle at an unbeatable value. Don't miss out on this exceptional living experience in Meydan, Dubai.

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Amenities

Kids Play Area
Kids Play Area

Location

MAG City Residential, Meydan, Dubai

Expected ROI

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Layouts and Prices

Payment Plans

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Why Invest in Dubai?

High Rental Income

Dubai real estate offers lucrative rental yields for property investors.

Tax-Free Investing

Dubai has no income or property taxes, allowing your investments to grow tax-free.

World-Class Education

Dubai has prestigious international schools for top-notch education.

Safe and Secure

Dubai offers safety and stability for families and investors.

Lifestyle & Leisure

Dubai offers abundant amenities and entertainment for an enjoyable lifestyle.

Residency Benefits

Investing in Dubai real estate enables residency for your family.

Frequently Asked Questions

What is Kyna and how does it differ from other real estate platforms in Dubai?

Kyna is a unique real estate platform in Dubai that places a strong emphasis on transparent and genuine guidance for investors. Here’s how Kyna stands out:

  • Genuine Guidance: Kyna focuses on building real relationships, assisting investors at every turn.
  • Transparent Pricing: Prioritizing affordability, Kyna ensures no hidden costs and maximizes your savings.
  • Bespoke Tours: Tailored real estate tours and insightful investment advice for informed decisions.
  • AI-Powered Insights: Advanced AI tools speed up searches and offer insights into current and future property values.
  • Data Trustworthiness: Kyna's commitment ensures your personal information remains confidential and secure.
  • Visa Assistance: Simplifying the process, Kyna aids clients in obtaining their Dubai residential visas.

What are the regulations for owning property in Dubai as a foreigner?

Foreign nationals can own property in designated freehold zones in Dubai. They can secure absolute ownership rights for up to 99 years without leasehold or usufruct obligations. Title deeds are issued by the Dubai Land Department, and there are no age restrictions on property ownership. Notable freehold areas include Business Bay, Downtown Dubai, Discovery Gardens, Palm Jumeirah, and DIFC Dubai.

Are there any restrictions on the types of properties foreigners can buy in the UAE?

Foreign nationals can buy property with complete ownership rights in designated freehold zones. In other areas, they may only have tenancy rights over the physical structure. Freehold property owners may also be eligible for the UAE Golden Visa. It is advisable to seek independent legal and tax advice before making any decision.

How does the property buying process in Dubai differ from other emirates in the UAE?

In Dubai, property buyers must validate the property title deed with the Dubai Land Department (DLD) before registering the property. Costs involved include transfer fees, registration fees, and service charges. There are specific laws governing property ownership by foreign nationals. Understanding financing laws, mortgage requirements, and lease agreements is crucial. It is recommended to seek independent legal and tax advice.

What are the key benefits of investing in property in Dubai or the UAE?

Key benefits include:

  1. Stable and growing economy
  2. Tax advantages (no personal income tax, no capital gains tax)
  3. High rental yields
  4. High standard of living
  5. Continuous infrastructure development
  6. Freehold ownership for foreigners
  7. Diverse property types
  8. Status as a global business and tourist hub
  9. High-quality real estate
  10. Potential eligibility for residency or long-term visas
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$464,400.00Onwards