MAG introduces new payment plans

Business Bureau, Gulf Today

MAG Development, the real estate development arm of the MAG Holding Group, has announced the launch of its innovative ‘MAG YES PLAN’, offering an unprecedented package of facilities and affordable payment plans that allow customers to own their customised homes that suit their purchase power and monthly income.

The programme, which is the first all inclusive payment packages of all possible fees in addition to exclusive benefits offered to MAG YES PLAN clients, includes three flexible plans to become a homeowner, MAG ZERO PLAN, one of the 3 customized plans allow clients to buy the property without a down payment and without a final payment of delivery, with full exemption from registration fees.

Through this programme, MAG Development provides direct debit payments from the customer’s bank account to facilitate the process of paying. They also provide other options for the customer to pay fixed, daily, weekly, monthly or quarterly payments, without the need of any bank facilities.

The programme covers MAG City project exclusively. Under the terms of the new payment package, there are three plans with different payments options and benefits, all the plans are offering all inclusive monthly payments including all possible fees where client will not pay any other amounts during the package duration. The packages includes unseal benefits such as Etihad Guest miles, Mag loyalty program, career protection program, Life insurance and many other benefits depends on the selected plan.

“MAG Development” has launched a comprehensive and unprecedented flexible payment plan for the first time in its history. It is carefully designed to give the customer the opportunity to pay for the housing unit in equal installments. It is not subject to change throughout the payment period which spans from 5 years to 24 years,” said Talal Moafaq Al Gaddah, Senior Executive Vice Chairman of MAG Development.