The more you fly, the better the chances of owning a home
Have you ever wanted to buy an apartment, but you were unable to because you spent all your money on traveling?
MAG Lifestyle Development, the developmental division of MAG Group, found the answer to this with their new agreement.
the Etihad Guest program and MAG Lifestyle Development have teamed up to offer you just that; an opportunity to collect air miles and spend them on a property.
The loyalty program of Etihad Airways provides Etihad Guest members with an exclusive 5% discount on the purchase of units at MAG 318, MAG 5, MAG EYE and MBL Residence, as well as the opportunity to redeem their air miles towards the purchase.
“One more thing”
There is more good news: each dollar you spend on an apartment will give you an additional air mile.
The cheapest property we could find was in MAG 5’s one-bedroom apartment going for $100,000.
That would bring your Air Mile count to around 100,000 points.
The cheapest air mile Etihad Airways reward flight is available from just 6,500 miles.
The offer is available until 30th April 2020 for all members of Etihad Guest’s award-winning program.
Talal Moafaq Al Gaddah, CEO of MAG LD, commented that buyers would have an exclusive opportunity to use their Etihad Guest air miles to help them in their property purchase, which is a regional first.
We at AMEinfo contacted MAG LD for more information on this, but they were unable to answer what the minimum air mile points required to purchase a property is or how this works.
Mr. Yasser Al Yousuf, Managing Director of Etihad Guest, commented: “In an exciting expansion of our award-winning Etihad Guest programme, we can now provide our member’s real benefits when it comes to purchasing property in the UAE. This is another great addition to our lifestyle programme which allows members to earn and redeem points across a variety of sectors from travel to retail to banking and more.”