Brand-New Furnished Studio in MAG 330, City of Arabia – Ready, Below OP

Property Overview

This is a brand-new, fully furnished studio of 590 sq ft in MAG 330, a recently completed residential tower in City of Arabia, Dubailand. It is ready to move into and listed at AED 730,000 against an agent-stated original purchase price of AED 740,000, which is AED 10,000 or 1.4% below OP.

Property Highlights

• Asking price: AED 730,000
• Original purchase price (agent-stated): AED 740,000
• Saving against OP: AED 10,000 (1.4%)
• Size: 590 sq ft
• Asking rate: approximately AED 1,237 per sq ft (OP rate approximately AED 1,254 per sq ft)
• Type: studio apartment
• Furnishing: fully furnished
• Condition: brand new
• Status: ready

Why the Price Qualifies as Below OP

The agent brief gives a labelled original purchase price of AED 740,000 and a selling price of AED 730,000. Because the asking price is lower than the stated OP, DPF classifies this listing as Below OP.

• Saving: AED 740,000 minus AED 730,000 equals AED 10,000.
• Percentage: AED 10,000 divided by AED 740,000 equals 1.4% below OP.
• Rate per sq ft: AED 730,000 divided by 590 sq ft equals approximately AED 1,237.

The saving is small, and the asking price sits close to the original purchase price. The benchmark is the seller's original purchase price as reported in the agent brief received on 2026-10-01; it is not a DLD transaction record or a market valuation, so it does not show the unit is below current market value. Buyers should confirm the OP from the title deed or SPA and compare recent transactions in the building.

About the Building, Developer and Community

MAG 330 is a 23-storey residential tower developed by MAG Lifestyle Development, part of the MAG Group, with around 290 apartments across studio, one- and two-bedroom layouts. Construction began in 2023, with completion scheduled for late 2025. Published building information lists a swimming pool, gym, children's play area, garden, barbecue area, concierge lobby, covered parking and 24-hour security.

City of Arabia is a mixed-use community in Dubailand, near Global Village and the Mohammed Bin Zayed Road corridor, with residential towers and planned retail and leisure components.

Layout and Condition

The agent confirms a 590 sq ft studio that is brand new, fully furnished and ready. Published studio sizes in MAG 330 start at about 450 sq ft, so this is one of the larger studio layouts; buyers should check the title deed area and floor plan. The floor, view, parking, unit number and occupancy were not supplied, so they are not stated here.

Location and Connectivity

City of Arabia sits off Sheikh Mohammed Bin Zayed Road in Dubailand, with road access towards Dubai Silicon Oasis, Dubai Hills Estate and central Dubai. Journey times depend on route and traffic, so DPF does not quote fixed minutes for this listing.

Verification Notes

• Agent-supplied facts: MAG 330, City of Arabia, studio, 590 sq ft, brand new, fully furnished, ready, OP and asking price.
• DPF-calculated figures: saving amount, saving percentage and price per sq ft.
• External research: developer, tower height, unit count, studio size range and facilities from published building information.
• Not supplied: floor, view, parking, unit number, occupancy and service charge.