MAG Kingdom is an elite residential project developed by MAG Property Development, meticulously designed for those looking for a mix of waterfront serenity and urban energy. Positioned in the heart of Jumeirah Lake Towers (JLT), this particular architectural masterpiece redefines sophisticated living with its sleek design and panoramic views of the Dubai Marina skyline and pristine community lakes. The project provides a diverse range of units, from efficient studios to expansive 4-bedroom luxury apartments, all showcasing premium finishes and high-end fixtures.
Strategically located within the vibrant JLT community, MAG Kingdom emphasizes a “Bio-Living” philosophy, incorporating green spaces plus natural light through floor-to-ceiling windows. As of February 2026, the project is under active construction following its commencement in 2025. With a targeted handover for June 2026, MAG Kingdom presents a high-value opportunity for investors plus end-users to secure a position in one of Dubai’s most liquid real estate markets.
Property Details
| Feature | Details |
| Developer | MAG Property Development |
| Location | Jumeirah Lake Towers (JLT), Dubai |
| Property Type | Luxury Waterfront Apartments |
| Starting Price | AED 1,200,000 |
| Government Fee | 4% DLD Fee |
| Unit Status | Off-Plan (Under Construction) |
| Ownership | 100% Freehold |
| Estimated Completion | June 2026 (Q2 2026) |
| Views | JLT Lakes, Golf Course, & Dubai Marina Skyline |
Features & Amenities
| Feature | Details |
| Aqua & Leisure | Infinity-edge swimming pool, children’s pool, and rooftop terrace |
| Wellness Hub | Fully equipped gymnasium, yoga and meditation studios, spa, and sauna |
| Entertainment | Private cinema room, games room, and social lounge areas |
| Outdoor Life | Landscaped gardens, barbecue patio, and multi-purpose sports court |
| Family Zone | Dedicated children’s play areas and proximity to community parks |
| Convenience | 24/7 concierge, high-speed elevators, and secure covered parking |
Location & Connectivity
MAG Kingdom boasts one of the most connected addresses in Dubai, providing walking access to key transport hubs:
- 05 mins, Golf Course & Dubai Marina
- 05 mins, DMCC Metro Station (Walking Distance)
- 08 mins, Sheikh Zayed Road Access
- 10 mins, JBR Beach & Ain Dubai
- 20 mins, Downtown Dubai & Burj Khalifa
- 25 mins, Dubai International Airport (DXB)
Payment Plan
| Stage | Percentage | Notes |
| Down Payment | 10% | On Booking Date |
| During Construction | 40% | Paid in scheduled installments |
| On Handover | 50% | Final balance due upon completion (June 2026) |
Note: This 10/40/50 structure is designed for maximum investor flexibility as the project nears completion.
Floor Plans
| Unit Type | Size Range (Sq. Ft.) | Highlights |
| Studio Apartment | 400 to 637 Sq. Ft. | Smart, open-plan layouts with lake views |
| 1-Bedroom Apartment | 813 to 936 Sq. Ft. | Features floor-to-ceiling windows and master en-suite |
| 2-Bedroom Apartment | 1,560 to 1,675 Sq. Ft. | Spacious family units with expansive balconies |
| 3 & 4-Bedroom Units | On Request | Ultra-luxury penthouses and large format residences |
Note: Technical floor plans for Cluster-specific layouts are available upon request.
Why Invest in MAG Kingdom
- Prime Waterfront Hub: JLT is a top-performing district for rental yields, consistently delivering 7 to 9% ROI for high-quality waterfront assets.
- Rapid Completion: With a handover scheduled for mid-2026, investors can expect immediate rental income and capital appreciation in a short timeframe.
- Metro Connectivity: Properties within walking distance of the Metro station generally see 15 to 20% higher appreciation and significantly lower vacancy rates.
- Luxury Brand Equity: MAG Property Development is a tier-1 developer with a 40-year legacy, ensuring high-quality construction and resale value.
- Lifestyle Integration: The project sits within a fully established community (JLT) with over 600 retail outlets, restaurants, and active lakefront boardwalks.
FAQs About MAG Kingdom
Q1: What is the exact completion date?
A: The project is officially scheduled for completion on June 30, 2026.
Q2: Is the project freehold for all nationalities?
A: Yes, MAG Kingdom is located in JLT, a premier freehold zone allowing 100% ownership for non-UAE residents.
Q3: Does the purchase qualify for a Golden Visa?
A: Yes, since the starting prices for 1-bedroom units and above typically exceed AED 2 million, they qualify the owner for the 10-year UAE Golden Visa.
Q4: Are the units delivered furnished?
A: Select inventory and promotional offers include furniture packages. Standard units are delivered with fully fitted kitchens and premium finishes.
Q5: What are the expected service charges in JLT?
A: Service charges for luxury towers in JLT average between AED 15 to 18 per sq. ft. which covers the maintenance of premium facilities like the infinity pool and spa.
Contact Cresco Real Estate Today
Would you like me to provide you with the latest availability list for the lake-facing 1-bedroom units that are currently yielding the highest ROI projections?
More about Jumeirah Lake Towers
Read the Cresco area guide to Jumeirah Lake Towers. Prices, rental yields, handover timelines, schools, commute times and what actually sells there.
Open the Jumeirah Lake Towers area guide
You may also want to read how buying off plan works and work out the rental yield.
What buyers actually registered in Jumeirah Lake Towers
Dubai Land Department registered transactions, not advertised asking prices.
Between 30 June 2026 and 18 August 2026, 550 residential sales were registered in Jumeirah Lake Towers. The median was AED 1,973,164 and the middle half fell between AED 1,763,828 and AED 2,823,121. This project is advertised from AED 1,200,000, which sits below that range.
For the unit type this project leads with, 1 B/R, the registered median in Jumeirah Lake Towers was AED 1,874,828 across 244 sales, at AED 2,296 per square foot and a median size of 811 sq ft.
| This project, advertised entry price | AED 1,200,000 |
| Registered median price, Jumeirah Lake Towers | AED 1,973,164 |
| Middle half of registered sales | AED 1,763,828 to AED 2,823,121 |
| Registered median per sq ft | AED 2,247 |
| Registered median unit size | 902 sq ft |
| Share bought off plan | 73% |
| Ready stock, median per sq ft | AED 1,457 from 150 sales |
| Off plan stock, median per sq ft | AED 2,303 from 400 sales |
| Registered residential sales in the period | 550 |
Registered sales by bedroom count in Jumeirah Lake Towers
| Type | Sales | Median price | Per sq ft | Median size |
|---|---|---|---|---|
| Studio | 27 | AED 750,000 | AED 1,625 | 420 sq ft |
| 1 B/R | 244 | AED 1,874,828 | AED 2,296 | 811 sq ft |
| 2 B/R | 155 | AED 2,826,828 | AED 2,221 | 1,284 sq ft |
| 3 B/R | 43 | AED 3,824,828 | AED 2,271 | 1,672 sq ft |
Source: Dubai Land Department open data. Registered sales of residential units between 30 June 2026 and 18 August 2026. Mortgages and gift transfers are excluded because they are not arms length sales. Sizes are converted from square metres at 10.7639 sq ft per sq m. The entry price shown for this project is our advertised starting price and is not a registered transaction. Community figures are medians across every project in the community, not this project alone. We do not publish a price per square foot for this project because advertised size ranges are not a reliable basis for that calculation.
