MAG 777

MAG 777 is a MAG Properties building in Dubai Sports City with one- and two-bedroom apartments, sold off-plan from AED 780,000 for the smallest unit. The two sizes are the standard letting product in the district, and the choice between them is best made with a tenant in mind.

The two unit types answer different tenants: a one-bedroom for a single professional or a couple, a two-bedroom for a small family or a pair of sharers. Which makes the better letting depends on the building's rent-to-price ratio, and that in turn depends on the exact size and layout of each type, which the unit schedule settles. We ask MAG Properties for that schedule and for the projected service charge before a client puts a deposit down, and we read the sale and purchase agreement for the instalment dates and the terms on late payment, since an off-plan purchase is paid over the construction period rather than at transfer.

The next step is simple: ask us for the price list, the floor plans and the availability for MAG 777, and we will also send the one- and two-bedroom stock we track in Dubai Sports City so the AED 780,000 entry level can be judged against what is already built and letting there. We check the Dubai Land Department registration and the escrow account as part of the same process.