MAG 214
by MAG Property Development

Apartments with one, two or three bedrooms, duplexes and penthouses

AED 1,02 mln Starting price
Ready Handover
MAG 214by MAG Property Development

Buy Apartments in MAG 214 by MAG Property Development, Jumeirah Lake Towers

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Amirans Kavtaradze

List by

Amirans Kavtaradze

Starting Price AED 1,024,077
Location Jumeirah Lake Towers
Developer MAG Group
Handover Ready
Living Area 715 sq. ft.
Bedrooms 1-3 BR
Total amount of units 312
ROI 7%

MAG 214 is a ready 40-storey tower in JLT with apartments, duplexes and penthouses. Residents have access to a gym, pools, spa, children's play area and landscaped gardens.

Rising 40 storeys, MAG 214 contains 312 apartments within a built-up area of 750,000 sq ft and was MAG Property Development's first residential project. Its varied mix includes apartments with one, two or three bedrooms, plus duplexes and duplex penthouses on the upper levels. Plan types differ substantially: a Type 1 three-bedroom apartment has five bathrooms, while a Type 3 two-bedroom apartment has three. Current sale listings start at 715 sq ft for a one-bedroom apartment. Fitted kitchens, plumbed bathrooms and balconies are standard. Floor-to-ceiling panoramic glazing brings in daylight while controlling solar gain, UV transmission and glare. Shared infrastructure includes covered parking, high-speed lifts, CCTV-monitored security and on-site maintenance. Landscaped gardens frame the main swimming pool and separate children's pool. From the apartments, views extend across the JLT lakes towards the Dubai Marina skyline beyond Sheikh Zayed Road.

MAG 214
About MAG 214

Overview of MAG 214 by MAG Property Development

MAG 214 combines a ready freehold apartment in a metro-connected district with current prices from AED 1,024,077 and an average asking rate of AED 1,604 per sq ft.

7%

Average ROI

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Community

Jumeirah Lake Towers is a completed freehold community of 80 towers in 26 clusters around four man-made lakes. Across Sheikh Zayed Road lies Dubai Marina. DMCC administers the district, where more than 24,000 registered free-zone businesses share the neighbourhood with over 60,000 residents. Lakeside promenades, parks, playgrounds and designated pet zones soften its corporate character. JLT attracts professionals, young families and landlords seeking waterfront surroundings and walkable streets without Dubai Marina's tourist traffic.

Daily needs are covered within the clusters by more than 460 restaurants and cafés, shops, wellness centres and clinics such as Armada Medical Centre. Nurseries include Learning Ladder and Paddington, while schools such as Emirates International School and Kings School Al Barsha are in nearby communities. Mediclinic Meadows and Al Zahra Hospital Al Barsha provide hospital care within a short drive. Dubai International Airport is 24 min away by car, while two Red Line stations serve JLT.

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Interior

Daylight defines the apartments. Floor-to-ceiling panoramic glazing draws lake and skyline views into the living areas, while its solar-control specification reduces heat and glare. The interiors use the fitted surfaces and the changing daylight as their visual focus rather than decorative excess. Balconies extend living rooms outdoors, and the broad windows give even mid-floor apartments a stronger sense of space.

Kitchens are delivered fitted, and bathrooms have pre-installed plumbing. Bathroom provision varies by plan: a Type 1 three-bedroom apartment has five, while a Type 3 two-bedroom apartment has three. Living areas open onto balconies, and full-height glazing limits UV transmission to help protect furnishings. Because the building is ready and occupied, buyers can inspect the apartment's actual finishes and condition before purchase.

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Infrastructure

Dining and everyday retail sit at street level throughout JLT. The community has more than 460 restaurants and cafés, many along the lake promenades near the tower. Ground floors contain coffee shops, groceries, laundries, salons, pharmacies and small stores, so most weekday errands can be handled on foot. Landscaped routes with water features connect neighbouring clusters, while additional wellness studios and gyms operate nearby.

For wider leisure options, Dubai Marina is 11 minutes away by car, while The Walk at JBR takes 13 minutes. A pedestrian bridge at DMCC Metro Station also crosses towards the Marina. Clinics operate within JLT, and Mediclinic Meadows is an 11-minute drive. The community is served by DMCC and Sobha Realty metro stations, the Dubai Tram and RTA buses.

Overview

Could MAG 214 anchor your Dubai rental portfolio?

Amenities of MAG 214

Shared facilities in the tower cover wellness, family leisure, parking and security, all maintained by on-site staff.

Swimming pool

Swimming pool

Fully equipped gym

Fully equipped gym

Children's play area

Children's play area

Separate children's pool
On-site spa
Jacuzzi terrace area
Landscaped gardens
Covered parking
Multiple high-speed lifts
CCTV-monitored security
On-site maintenance team
Floor-to-ceiling panoramic glazing
Gallery

Economic Attractiveness

MAG Property Development's completed tower has 50 recorded DLD sales and 17 apartments currently listed, providing project-level comparables.

Get Full Investment Details

1,35 mln -2%

Median price (AED)

1,380 9%

Median price per sqft (AED)

30 -12%

Transactions

Source: Data taken from DXB for the last year, overview MAG 214 by MAG Property Development

ROI 7%

Rental demand is supported by JLT's business base of more than 24,000 DMCC-registered companies. Two Red Line stations and the tram connect tenants with workplaces, Dubai Marina and JBR. Within MAG 214, panoramic glazing, lake and skyline views, covered parking, CCTV security and on-site maintenance help apartments compete with newer stock. Matched current asking sale and rent floors indicate a gross yield of about 7%. As a ready resale property, an apartment is purchased with cash or a UAE mortgage rather than a developer instalment plan.

Current asking prices start at AED 1,024,077 for a one-bedroom apartment. Two-bedroom apartments are listed from AED 1,650,000 to AED 2,560,000. As JLT is a designated freehold zone, foreign buyers may own apartments in their own names; the 4% DLD transfer fee applies.

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For Rent

Current asking rents begin at AED 67,999 per year for a one-bedroom apartment and AED 90,000 for a two-bedroom apartment. A duplex with three or four bedrooms is advertised at about AED 108,000 per year. Across the tower, asking rents average AED 114,185 annually and range from AED 75,000 to AED 250,000. Matched live asking figures indicate a starting gross yield of about 7%, supported by demand from professionals working in the DMCC free zone.

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For Living

MAG 214 suits households that value space and established surroundings. Apartments have fitted kitchens, plumbed bathrooms, balconies and full-height glazing designed to limit glare. Duplexes provide additional room on the upper floors. Residents share landscaped gardens, two pools, a play area, gym, spa and Jacuzzi. Covered parking, high-speed lifts, CCTV security and on-site maintenance support daily comfort. Beyond the tower, JLT offers lakeside walks, cafés, nurseries, pet zones and two metro stations.

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For Resale

MAG 214 is a completed, occupied tower with an established sales record. Fifty registered DLD transactions and 17 apartments currently for sale provide useful project-level comparables. Current asking stock averages AED 1,604 per sq ft. Freehold ownership, metro access and JLT's base of more than 24,000 DMCC-registered companies broaden the resale audience to both investors and owner-occupiers.

UAE Golden Visa

Residence Visa

When purchasing a property from AED 2M (USD 545K), you can apply for a 10-year Golden Visa. This visa is renewed as long as you maintain ownership of the property.

Visa for Your Family

Your family members, including your spouse and children, can also get a Golden Visa. Once you receive a residence visa, you can continue your studies in the UAE, enjoy tax benefits, and conduct business in the country.

passport

About Developer MAG 214

MAG Property Development is the property arm of MAG Group, a UAE conglomerate with a 40-year legacy.

Founded by Moafaq Ahmad Al Gaddah, MAG Group entered real estate in 2003 and has invested more than AED 4 billion across several projects. Its portfolio includes Emirates Financial Towers in DIFC, completed in 2011, and the 42-storey Marina Square tower on Al Reem Island. The Estate in Al Furjan added 48 villas and 34 townhouses. MAG 214 was the developer's first residential project.

Location of MAG 214 by MAG Property Development

MAG 214 stands in JLT Cluster R near the lakeside promenades. By car, Dubai Marina is 11 minutes away, Palm Jumeirah 14 minutes and Burj Al Arab 16 minutes.

Drivers reach Al Sarayat Street and Sheikh Zayed Road directly, with the highway about two minutes away through several cluster exits. Dubai Marina is an 11-minute drive, while The Walk at JBR takes 13 minutes. Emirates Golf Club is also nearby.

JLT is served by the DMCC and Sobha Realty stations on the Red Line. By car, they are eight and two minutes from MAG 214 respectively. A pedestrian bridge at DMCC connects with Dubai Marina and the tram to JBR. RTA buses also serve the clusters, while Dubai International Airport is a 24 min drive.

Attractions

Dubai
Marina

icon 11 min

Palm Jumeirah

14 min

Burj Al Arab

16 min

Health Care

Armada Medical
Centre

icon 8 min

Mediclinic Meadows

11 min

Al Zahra Hospital Al Barsha

13 min

Education

Learning Ladder
Nursery

icon 4 min

Emirates International School

7 min

Kings School Al Barsha

18 min

Transportation

Dubai International
Airport

icon 24 min

DMCC Metro Station

8 min

Sobha Realty Metro Station

2 min

General FAQs

Below are the questions buyers, tenants and investors ask most often about this JLT tower, from prices and purchase terms to schools, views and rental performance. If yours is not covered here, our advisers can walk you through the current listings.

Ask a Question

Is Jumeirah Lake Towers a good place to live?

JLT works well for professionals and families seeking a walkable freehold community. Its 80 towers are arranged in 26 clusters around four man-made lakes, with more than 60,000 residents and over 460 restaurants and cafés. Two Red Line metro stations, lakeside promenades, playgrounds and designated pet zones support daily life. There are no primary or secondary schools within JLT, but nurseries operate in the clusters and international schools are available in Al Barsha and Emirates Hills.

Who administers the Jumeirah Lake Towers community?

DMCC administers JLT and anchors its business base. More than 24,000 companies are registered through the free zone, giving the district a strong corporate character and supporting its rental market. Individual apartments are freehold, allowing buyers of any nationality to hold title in their own names. MAG 214 was developed and delivered by MAG Property Development, the real-estate arm of MAG Group and the company behind a wider UAE portfolio.

What does an apartment in MAG 214 cost right now?

Current asking prices start at AED 1,024,077 for a one-bedroom apartment of about 715 sq ft. Two-bedroom apartments are listed between AED 1,650,000 and AED 2,560,000, with seven on the market at the time of writing. Across the tower's current asking listings, the average is AED 1,604 per sq ft. DLD records also show 50 registered sale transactions, with a historical average of AED 1,092 per sq ft; that figure reflects transaction history rather than current asking prices.

Is there a MAG 214 payment plan available?

No current developer instalment plan applies. MAG 214 was completed in 2007 and now trades on the resale market, so buyers settle in cash or use a UAE mortgage arranged through a bank. The purchase also carries a 4% DLD transfer fee. Residential resale is not subject to the 5% VAT charged on commercial transactions. Because the tower is ready, the buyer can occupy or rent out the apartment after transfer.

What apartment types and sizes does the tower offer?

MAG 214 contains 312 apartments across 40 storeys. The mix includes apartments with one, two or three bedrooms, plus duplexes and duplex penthouses on the upper floors. Current sale listings begin at 715 sq ft for a one-bedroom apartment. Bathrooms vary by plan: a Type 1 three-bedroom apartment has five, while a Type 3 two-bedroom apartment has three. Buyers should therefore compare individual floor plans rather than assume every apartment with the same bedroom count has an identical configuration.

What amenities and views do residents get?

Shared facilities include a gym, main swimming pool, separate children's pool, spa, Jacuzzi, play area and landscaped gardens. Covered parking, high-speed lifts, CCTV-monitored security and on-site maintenance support daily use. Floor-to-ceiling panoramic glazing brings in daylight while controlling solar gain, UV transmission and glare. Apartments overlook the JLT lakes and the Dubai Marina skyline across Sheikh Zayed Road, with the upper duplexes offering the broadest views.

What rent can a landlord expect in MAG 214?

Current asking rents start at AED 67,999 per year for a one-bedroom apartment and AED 90,000 for a two-bedroom apartment. A duplex with three or four bedrooms is advertised at about AED 108,000 annually. Across MAG 214, the average asking rent is AED 114,185 per year, with listings ranging from AED 75,000 to AED 250,000 according to size, floor and furnishing. Matched current asking sale and rent floors indicate a starting gross yield of roughly 7%.

How far is the tower from the metro and airport?

MAG 214 is an eight-minute drive from DMCC Metro Station and two minutes from Sobha Realty Metro Station. Both are on the Dubai Metro Red Line. A pedestrian bridge at DMCC crosses towards Dubai Marina, where the Dubai Tram continues to JBR. Dubai International Airport is 24 minutes away by car. RTA buses serve stops within JLT, while taxis and ride-hailing services operate throughout the day.

Which schools and clinics serve families in the building?

Nurseries within JLT include Learning Ladder Nursery in Cluster Q, Paddington Nursery and Kid Kare Nursery. Families with school-age children can consider Emirates International School, Kings School Al Barsha, the American School of Dubai and Dubai British School – Emirates Hills in neighbouring areas. Clinics within the community include Armada Medical Centre, Dr K Medical Center DMCC and Optimum Diagnostic Clinic. Nearby hospitals include Mediclinic Meadows, Saudi German Hospital and Al Zahra Hospital Al Barsha.

Who is this tower best suited to as a buyer?

MAG 214 is positioned for middle-income families and working professionals. It suits owner-occupiers seeking a ready apartment with practical room sizes, a fitted kitchen, lake views and access to the metro. Investors gain a completed asset with current rental listings and a project-level sales record. Fifty registered transactions and 17 apartments currently listed make it possible to assess pricing and resale prospects using evidence from the tower itself.

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MAG 214
Amirans Kavtaradze

List by

Amirans Kavtaradze

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MAG 214

Starting Price AED 1,02 mln

Handover Ready