MAG 218 Tower Sales


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Sunday, July 02, 2006

MAG 218 Unit Prices

The developer (MAG PDD) is no longer publishing prices for MAG 218 units online. Below, however, is a table which provides an approximate range of prices for units on each floor. This may help the potential buyer, while exact information about available units and prices may be obtained upon contacting the developer directly. In the table below prices are distributed among the 55 floors of the tower containing residential 1- and 2-bedroom units. (There are no studio, penthouse or larger bedroom units.) All prices in UAE Dirham.

MAG 218 Unit Prices*
  Floor  
1-Bedroom (+AED 5100 per floor)
2-Bedroom (+AED 6900 per floor)
01-10
697,900 - 749,200
1,338,000 - 1,407,200
11-20
754,300 - 800,600
1,414,200 - 1,476,500
21-30
805,700 - 851,900
1,483,400 - 1,545,700
31-40
857,000 - 903,300
1,552,600 - 1,614,900
41-50
908,400 - 954,600
1,621,800 - 1,684,200
51-55
959,700 - 980,300
1,691,100 - 1,718,800
*Prices will vary slightly from the scale above depending on actual unit sizes.

Regarding the position of MAG PDD of not listing prices online, it may be a move to discourage competitor attempts to undermine sales, and it may suggest that buyers are no longer restricted to a fixed price but are allowed to negotiate. However, the most likely rationale is that the developer wants potential buyers to avoid making hasty decisions based on price, before considering all that the MAG 218 has to offer.

While I personally believe such reasoning has merit, I also believe it benefits buyers to have prices for quick comparative analysis of what competing properties have to offer. In this regard, the table above, with approximate ranges, should allow such comparisons.

See additional sales info and other details at Purchasing a Unit in the MAG 218 Tower.

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