MAG showcases units

Dubai-based Moafaq Al Gaddah Group of Companies (the MAG Group) has unveiled show apartments in the MAG 218 Tower in Dubai Marina to its investors, at least 18 months prior to the handover to owners.

The show apartments are fully tiled, complete with built-in kitchen units, white goods, bedroom wardrobes and bathroom fixtures.

"The reason we wanted to present show apartments now, even though we cannot handover for another 18 months, is quite simple.

"We have built-up a reputation for delivering on time and on budget. By allowing owners to view the quality of finish now, underscores our commitment to delivering our promise," said Mohammed Nimer, Chief Executive, MAG Group Property Development.

The Dh450-million MAG 218 residential tower, which consists of 555 apartments, will be completed in December 2009.

The tower comes complete with below and above ground parking, barbecue area, swimming pool and jacuzzi, a gym, ballroom, TV room and an outdoor terrace. In April, MAG began the handover of more than 300 apartments at the 43-storey MAG 214 building in the Jumeirah Lakes Towers development on Dubai's Sheikh Zayed Road.

"Again this development was delivered as promised," Nimer added.

Other developments are at various stages across the residential, commercial and industrial spectrum in a property portfolio of Dh3 billion.