MAG 230

TL;DR: MAG 230 is a completed dual-tower residential development (Tower A: 31 floors, Tower B: 28 floors) in City of Arabia, Dubailand, developed by MAG Property Development (MAG Group, est. 1978). Housing approximately 653 units of 1 to 3-bedroom apartments from 717 to 2,479 sq ft, with current resale prices starting from AED 890,000, the development features a temperature-controlled swimming pool, jogging track, sauna, steam room, and is located 4 minutes from IMG Worlds of Adventure — the world's largest indoor theme park. Freehold with 5–6% ROI.

Introduction to MAG 230

MAG 230 is a landmark dual-tower residential development by MAG Property Development (MAG Lifestyle Development), the real estate arm of the MAG Group — a diversified conglomerate founded in 1978 by Chairman Moafaq Ahmad Al Gaddah. Positioned along Sheikh Mohammed bin Zayed Road (E311) within the City of Arabia master development in Dubailand, this completed high-rise complex comprises Tower A (31 floors) and Tower B (28 floors) arranged in a distinctive L-shaped configuration, housing approximately 653 residential units. The development has been fully handed over and is listed as ready for occupancy across major property portals.

City of Arabia is a master-planned mixed-use community within Dubailand, developed by the Ilyas and Mustafa Galadari Group with a total master plan investment of USD 20 billion. The community spans approximately 185 hectares and is designed to accommodate approximately 34,000 residents, anchored by world-class entertainment attractions including IMG Worlds of Adventure and Global Village. MAG 230's direct frontage on the E311 highway provides exceptional visibility and immediate arterial access, while the development's freehold designation permits full foreign ownership.

Location and Connectivity

MAG 230 occupies a strategically advantageous position within Dubailand, directly accessible from Sheikh Mohammed bin Zayed Road (E311) near the intersection with Emirates Road (E611). The development sits opposite Al Barari Villas and near the Majan district.

Key Drive Times from MAG 230 (verified across multiple portals):

• IMG Worlds of Adventure: 4 minutes
• Global Village: adjacent area (seasonal, October to May)
• Dubai International Airport (DXB): 15 to 20 minutes
• Mall of the Emirates: approximately 20 minutes
• Downtown Dubai and DIFC: 20 to 25 minutes
• Dubai Mall: approximately 24 minutes
• Palm Jumeirah and Burj Al Arab: 25 to 27 minutes
• Al Maktoum International Airport (DWC): approximately 32 minutes

Public transport is served by RTA bus routes 30, J02, and 36B connecting to major destinations. The nearest metro station is Mall of the Emirates on the Red Line, accessible by bus or taxi. Future infrastructure plans include a Pink Line metro expansion toward City of Arabia and Dubailand, as well as an integrated monorail system for internal community connectivity.

Nearby schools include GEMS Winchester School Dubai, Dunecrest American School, GEMS FirstPoint School (approximately 4.87 kilometres), and Victory Heights Primary School. Healthcare is served by Mediclinic Arabian Ranches, Mediclinic Parkview Hospital, Aster Clinic, and the American Hospital Nad Al Sheba.

Architecture and Design

MAG 230's dual-tower structure presents a modern residential high-rise aesthetic with solid glass design features incorporated into corridors and common seating areas. The L-shaped building form creates visual interest from aerial perspective while maximising the number of outward-facing units across both towers. High-branded elevator systems with generous floor-to-floor heights serve all residential floors.

Construction quality is reinforced by the MAG Group's ISO 9001:2008 certification and a development portfolio that includes the Guinness World Record-winning automated parking system at Emirates Financial Towers in DIFC (the world's largest, accommodating 1,191 vehicles). Internal specifications include concealed copper wiring and plumbing, solid glass design elements, and practical layouts designed for comfortable family living.

Unit interiors feature enclosed kitchens (rather than open-plan), distinct dining areas separate from living rooms, en-suite bathrooms connected to all bedrooms, built-in wardrobes, and private balconies offering views of the Dubailand skyline and surrounding green landscapes including the adjacent Al Barari botanical community.

Unit Types and Pricing

MAG 230 offers three residential configurations across its approximately 653-unit inventory:

1-Bedroom Apartments: 717 to 1,039 square feet across multiple floor plan variants (Types A, C, and D). The original launch starting price was AED 659,755, with current secondary market resale values ranging from AED 890,000 to AED 950,000 or more depending on floor and configuration.

2-Bedroom Apartments: 1,075 to 1,505 square feet. Current resale listings are approximately AED 1,375,000.

3-Bedroom Apartments: 2,458 to 2,479 square feet — the largest configurations occupying premium corner positions. Current resale values reach AED 1,800,000 or more.

The average price per square foot across MAG 230 is approximately AED 850, positioning the development as a value-oriented residential option within the Dubailand corridor. As a completed and sold-out project, current transactions are conducted at secondary market pricing, typically through cash purchase or mortgage financing.

Amenities and Lifestyle

MAG 230 provides a comprehensive resort-calibre amenity package designed for active, wellness-focused living:

Aquatic Facilities: Temperature-controlled outdoor swimming pool, jacuzzi, and dedicated children's swimming pool.

Fitness and Wellness: Fully equipped gymnasium and fitness centre, dedicated sauna, and steam room and steam bath facilities.

Recreation and Community: Outdoor jogging and cycling tracks, children's indoor play area, beautifully landscaped green areas and gardens, barbecue areas, and a prayer room.

Building Services: 24-hour security with CCTV surveillance, high-speed branded elevators, central air conditioning, concierge services, covered parking, and retail outlets with dining and shopping destinations at podium level.

The broader City of Arabia environment adds substantially to the lifestyle proposition. IMG Worlds of Adventure — the world's largest temperature-controlled indoor theme park at 1.5 million square feet (equivalent to 28 football fields) — is just 4 minutes from MAG 230. The park features 22 or more signature rides across Marvel, Cartoon Network, Lost Valley, The Haunted Town, IMG Kids Zone, and IMG Boulevard zones, with a daily visitor capacity exceeding 20,000. Global Village, the seasonal multicultural entertainment destination representing 90 or more cultures (Season 29: October 2024 to May 2025), is also within the immediate vicinity. Additional leisure destinations include Dubai Autodrome and the Wadi Walk waterfront promenade with cafes and retail.

Developer Profile: MAG Group

The MAG Group (Moafaq Ahmad Al Gaddah Group) was founded in 1978 by Chairman Moafaq Ahmad Al Gaddah, beginning as a spare parts trading business in Abu Dhabi before expanding into a diversified conglomerate spanning 50 or more companies with over 2,000 employees operating across the MENA region. The real estate development arm was established in 2003 (originally MAG Property Development, now rebranded as MAG Lifestyle Development) and is led by CEO Talal Moafaq Al Gaddah, the founder's son, who joined in 2014.

The group's delivered portfolio exceeds 2,500 residential units with a total portfolio value surpassing USD 1 billion. Notable completed projects include Emirates Financial Towers in DIFC (twin 27-storey commercial towers developed as a joint venture with ENSHAA PSC, featuring the Guinness World Record-holding automated parking system), MBL Residence in Jumeirah Lakes Towers (42-storey luxury tower completed 2020), MAG 5 Boulevard in Dubai South (13-building mid-income master community), The Polo Residence in Meydan, MAG Eye in Mohammed Bin Rashid City, and MAG 218 Tower in Dubai Marina. Current high-profile developments include Keturah Reserve (biophilic design townhouses, apartments, and villas) and the Ritz-Carlton Residences on Dubai Creek.

Investment Potential and Rental Yields

MAG 230 delivers competitive returns within the Dubailand corridor, with Metropolitan Premium Properties citing 5% to 6% ROI specifically for the development. The broader City of Arabia and Dubailand area generates rental yields of approximately 6.5% to 7.5% annually, supported by the district's established entertainment infrastructure and the consistent rental demand generated by proximity to IMG Worlds of Adventure, Global Village, and the surrounding residential communities.

Current annual rental rates in the City of Arabia area range from AED 52,000 to AED 80,000 (area average approximately AED 67,733 per year per Bayut data). Comparable properties in nearby Majan generate AED 65,000 to AED 70,000 annually for 1-bedroom units and AED 85,000 to AED 95,000 for 2-bedroom configurations. The Dubai rental market increased approximately 19% in 2024, with property values rising approximately 20%. Dubailand specifically experienced 39% to 46% year-on-year rental increases in high-demand sub-districts, reflecting the area's growing maturity as a residential destination.