Mag For Development announces the appointment of Intermas Engineering & Contracting for its MAG 318 project



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The MAG 318 is a new residential tower that stands out for its versatility and versatility in the business district.

The MAG 318 is a new residential tower that stands out for its versatility and versatility in the business district.

MAG Properties, the real estate development arm of the MAG Group, has announced the appointment of Intermas Engineering & Contracting as a prime contractor for its MAG 318 project in the Gulf Business District, worth a total of 155 million AEDs. . The new contractor will begin work on the project after the Dutch concrete and concrete company has completed the drilling and field implementation work of the project, amounting to 550 million AED. Work on the project is continuing according to the predefined schedule, which is expected to be completed on schedule in the second quarter of 2020, as the company has so far managed to sell over 75% of the units.

"We are pleased to announce significant progress in our Mag 318 project," said Talal Mowafaq Al Qaddah, General Manager of Mag Development. "At MAG Development, we are very satisfied with the satisfaction of residents in all our projects, we are doing business with exceptional companies and partners so that we can keep our promise as part of our approach to motivate our customers. customers to look for the best of everything we offer them. "

The MAG 318 is a brand new residential tower of 439 residential units, including studios, one- or two-bedroom apartments with private balconies overlooking Dubai Water Channel and Down Town Dubai, 250 meters from Dubai Mall. And 580 meters from the fountain of Dubai. To provide project residents with an integrated living environment, the project was strengthened with modern facilities including a swimming pool, outdoor recreation facilities, a children's area, a social activities center and 18,000,000 feet of shops.

The project is close to the metro station, which means easy access to the city. Business Bay is one of Dubai's most dynamic business destinations and residents of the project will be close to the city's best schools and medical facilities. A short distance away from the main attractions of downtown Dubai, including the Burj Khalifa and the Dubai Mall, the project will also offer them easy access to anywhere in the city.

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