Opal has been awarded the interior design contract for the AED4.7bn ($1.27bn) MAG EYE project in Meydan, Dubai, developed by MAG Lifestyle Development (MAG LD).
MAG has also appointed the project management company VX studio as the peer review consultant for the project.
Under the contract, Opal will design the interiors of the townhouses and apartment buildings, while VX Studio will provide development solutions.
MAG LD CEO Talal Moafaq Al Gaddah said: “We are pleased to be progressing work at MAG EYE in partnership with Opal and VX Studio, which both share our customer-centric philosophy and meticulous attention to detail.
“With its strategic location and attractive payment plan, MAG EYE has been designed to offer capital gains through long-term investment strategy, while also providing a diverse living community for its future residents.
“We are confident that our consultants will help us to bring this project to life in line with our promise to exceed customer expectations.”
The proposed gated community in Downtown Dubai will feature 3,952 studio or one-bedroom apartments and 536 three or four-bedroom townhouses.
The 4,800m2 development facility will offer public facilities, including a private clinic, nursery, and mosque. The development will also have 5,000m2 of retail space and 84,211m2 of public parks and green areas with a jogging and bicycle track.
The facility will also feature a sports club, lounge area, and coffee shop. There will also be a swimming pool with a dedicated children’s pool, an indoor play area, and indoor and outdoor bar areas for socialising.
MAG Lifestyle Development is a subsidiary of the multinational firm Moafaq Ahmad Al Gaddah (MAG) Group, which serves various segments across the real estate, contracting, engineering, industrial and commercial trading, freight services and hospitality.