Payment Plans
MAG Property Development payment plans
16 of the 18 projects we hold from MAG Property Development publish a payment schedule; 2 do not. Across those, the commonest structure is 50/50, on 7 of the 16 whose headline plan states a full split. 6 carry a post-handover phase. 1 go further and publish the instalments inside a phase, so the construction share is a dated schedule rather than one number.
- 16
- Projects with a published plan (of 18)
- 50/50
- Commonest split, on 7 of 16
- 10%
- Median down payment, 13 stating one
- 6
- Offer a post-handover phase
Split structures across 16 projects
Read as the share due before handover against the share due at handover and after it. One project can be offered on several schedules; this counts the first one the developer lists, and the table below flags where there are alternatives.
- 50/507 projects
- 40/606 projects
- 60/402 projects
- 30/701 project
Every MAG Property Development plan we hold
One row per project, linking to the schedule it came from.
| Project | Plan | Down payment | Split | Instalments | Post handover | Handover |
|---|---|---|---|---|---|---|
| Marriott Executive Apartments At Al Barsha South | Standard | 30% | 30/70 | Phase totals only | No | Q1 2024 |
| Mag 777 | Option 1+2 others | 20% | 50/50 | Phase totals only | No | Q1 2026 |
| MBL Signature | Standard | 20% | 40/60 | Phase totals only | No | Q4 2026 |
| MAG 22 | Standard | 15% | 50/50 | Phase totals only | Yes | Q4 2024 |
| MAG City Meydan | Standard | 15% | 60/40 | Phase totals only | No | Q4 2023 |
| Keturah Resort | Standard | 10% | 50/50 | Phase totals only | No | Q1 2026 |
| Keturah Tower | Standard | 10% | 40/60 | 8, after handover | Yes | Q4 2024 |
| Mag City Parks | Standard | 10% | 40/60 | Phase totals only | Yes | Q4 2024 |
| Mag Eye | Standard | 10% | 40/60 | Phase totals only | Yes | Q1 2023 |
| MAG Kingdom | Standard | 10% | 50/50 | Phase totals only | No | Q2 2026 |
| MBL Royal | Standard | 10% | 40/60 | Phase totals only | Yes | Q1 2025 |
| The Ritz Carlton Residence Difc By MAG | Standard | 10% | 60/40 | Phase totals only | No | Q1 2026 |
| West 5 Tower | Standard | 10% | 50/50 | Phase totals only | No | Q4 2024 |
| MAG City Townhouses | Standard | Not stated | 50/50 | Phase totals only | No | Q4 2023 |
| MAG D11 | Standard | Not stated | 50/50 | Phase totals only | No | Q3 2028 |
| Mag Keturah Reserve | Option 1+1 other | Not stated | 40/60 | Phase totals only | Yes | Q2 2027 |
Where these numbers come from
Each schedule above is the one MAG Property Development published for that project at the time we catalogued it. Payment plans move between launch phases, and the same project can be sold on a different plan in a later release or a different tower. The plan that binds you is the one printed on the reservation form, so read this as the shape of what MAG Property Development offers, not as a quote.
If you want the schedule that is actually on offer for one of these projects today, including what the developer will move on, ask us.