by MAG Property Development
MAG City Development at Meydan District 7Payment Plan
Mohammad Bin Rashid City, Dubai, UAE
Developer
MAG Property Development
Status
Ready to Move In
MAG City Development at Meydan District 7 Payment Plan & Buyer Costs
MAG City Development at Meydan District 7 by MAG Property Development is sold on a construction-linked payment plan — a down payment on booking, staged instalments during construction, and the balance on handover. All payments are held in a RERA-regulated escrow account that protects your funds throughout the build.
Beyond the purchase price, budget for the one-time Dubai Land Department fee (4%), the Oqood off-plan registration (around AED 3,000) and standard agency fees. Dubai charges no annual property tax and no capital-gains tax, so investment returns are kept in full.
Payment Plan
On Booking
20%
Down Payment
During Construction
48%
Progress-linked installments
On Handover
32%
Balance on completion
Accepted Methods
Units Information
Unit Types
—
Size Range
—
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Project Details
TESTIMONIALS
What Buyers Say
“Exceptional quality and a prime location. The payment plan made it very accessible. The team at Binayah guided me through every step seamlessly.”
Ahmed R.
2 Bedroom Buyer
“We fell in love with the views and the amenities. It's the perfect family home with everything you need within walking distance.”
Sarah L.
3 Bedroom Buyer
“Great investment opportunity with strong rental yields. The developer has an excellent track record and the build quality is superb.”
James K.
1 Bedroom Buyer
Buyer's Guide & Resources
Essential reading for property buyers in Dubai
How to Buy Property in Dubai
Step-by-step: from RERA agent to title deed in 30 days
Golden Visa Through Property
AED 2M threshold, eligibility and family inclusion
Off-Plan vs Ready Properties
Pros, cons and decision matrix for each type
DLD Fees Explained
The real all-in cost beyond the 4% headline
Title Deed vs Oqood
Why this difference matters for resale and visa
Buying as a Non-Resident
Power of attorney, financing and timelines explained