22
✓ Resale Available

22

From AED 5.05M·Completed Dec 2024·Developer payment plan available Payment
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AED 5.05M
Starting Price
Dec 2024
Handover
Developer payment plan available
Payment Plan
2 BR · Villa
Type

Project Overview

Mag 22 is a project from the developer Mag Group, located in MBR City. It is a collection of exclusive townhouses with 2-3 bedrooms, built according to the best standards and canons of the Mediterranean style. The interiors of the houses are made in calm beige shades, which helps to create an atmosphere of coziness and peace of mind. Spacious rooms and high-quality finishing materials bring unrivaled pleasure and comfort. The windows and balconies of the townhouses offer incredible views of Dubai's panoramas. The complex has many amenities for comfortable living, including swimming pools with recreational facilities, gyms and fitness centers, children's playgrounds and sports fields, golf courses and various retail outlets. In walking distance from Mag 22 there are kindergartens and schools, cafes and restaurants, shopping centers and sports complexes. Business Bay and Meydan One Mall can be reached in 15 minutes and Dubai Mall in 16 minutes.

Project Specifications
DeveloperMAG Property Development
LocationMeydan (Nad Al Sheba 1)
Unit Types2 BR, Villa
AreaMeydan (Nad Al Sheba 1)
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 217,908 / year
Cash-on-Cash
1.8%
Levered cashflow AED 51,258
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 328,250 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
22 launch basis5,611AED 5.05MCurrent launch / asking basis
Meydan (Nad Al Sheba 1) ready-stock comps1,700AED 1.53MIndicative resale benchmark
Meydan (Nad Al Sheba 1) premium peer launches2,100AED 1.89MNew-launch peer set
Trophy alternative proxy2,600AED 2.34MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from MAG Property Development.

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Payment Structure

Developer payment plan available

Flexible Payment

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Amenities & Lifestyle

Covered Parking
Dining outlets (coffee houses & restaurants)
Kids Play Area
Laundry
Leisure areas
Pets Allowed
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym & fitness

Location

Meydan (Nad Al Sheba 1)

Nearby Destinations

Meydan Racecourse — 2 mins
Downtown Dubai — 10 mins
Dubai Mall — 12 mins
Business Bay — 8 mins
Meydan (Nad Al Sheba 1)Meydan (Nad Al Sheba 1)Dubai, UAE

Developer Track Record

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22 by MAG Property Development

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Located in Meydan (Nad Al Sheba 1)

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Starting from AED 5,050,000

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Unit mix includes 2 BR, Villa

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Expected handover: Dec 2024

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Official brochure and PDF marketing materials available

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Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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