MAG to launch $1.28bn MAG Eye at Cityscape


MAG Lifestyle Development, the development arm of MAG Group, has announced that it will be launching the Dh4.7 billion ($1.28 billion) project MAG Eye at Cityscape, a leading property exhibition that will be held in Abu Dhabi next month.

Located in Meydan District Seven in Mohammed Bin Rashid City, MAG Eye is a fully-gated townhouse and villa community. MAG Eye, along with MAG Creek Wellbeing, MBL Residence, MAG 230, and MAG 318 will be showcased at Cityscape and will be available for sale at the exhibition.

Talal Moafaq Al Gaddah, CEO of MAG Lifestyle Development, said: “We always partner with the best exhibitions to promote our projects so we are looking forward to taking part in Cityscape Abu Dhabi because we are confident it will provide us with a valuable opportunity to reach local, regional and international investors.

“Anyone working in the UAE property market can see that the sector has reached maturity and that sustainable growth is now being achieved. The question now is how to remain on this upward trajectory, which is an endeavor that will require developers to go beyond simply constructing buildings. It is now time to do more, to think bigger, and to outdo ourselves by gearing every single aspect of our projects toward truly enhancing peoples’ lives.”

Taking place from April 17 to 19 at the Abu Dhabi National Exhibition Centre, the12th edition of Cityscape Abu Dhabi is held under the patronage of Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. The event will show hundreds of real estate developments in the UAE and GCC, as well as international developments.