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MAG 318

About Property

MAG 318 Tower is a new integrated, high-end residential tower in Downtown Dubai, that features 438 residential units complemented by a mix of retail, dining, leisure and entertainment amenities, located in the heart of the city, Business Bay - Downtown.

Key Features

  • Elegant retail spaces
  • Canal front living
  • Burj Khalifa view apartments
  • State-of-the-art gym
  • World-class swimming pool
  • Balconies and parking spaces for each unit
  • Grand entrance
  • Upscale interiors

Why Invest with MAG 318

Considering the proximity to Downtown neighbourhood, the property is in a much more desired location than its Business Bay competitors.

Downtown Dubai and Business Bay are ranked 2nd and 3rd respectively among the off-plan apartment transactions.

Business Bay is the ‘central business district’ comprising of commercial (19%), mixed-use (59%) and residential (22%) developments along the Dubai Water Canal.

Downtown Dubai is home to some of the city's largest landmarks including Burj Khalifa, Dubai Mall and Dubai Fountain. The location is also known for Souq Al Bahar and Emaar Boulevard.

Rent performance: Both Downtown Dubai and Business Bay were among the top 5 highest-annual-rent locations. Downtown Dubai was 2nd and Business Bay stood at 5th.

Price performance: Although the overall property prices have declined, Downtown Dubai and Business Bay are still among the top 10 expensive destinations. Downtown Dubai is the most expensive and Business Bay ranks 7th. The proximity to Downtown Dubai therefore helps MAG 318 to command an advantage.

Floor Plan

S.NO Title Size Document
1 Studio 431 sqft
2 1 BR - Type A 811 sqft
3 1 BR - Type B 811 sqft
4 2 BR - Type A 976 sqft
5 2 BR - Type B 976 sqft

Payment Plan

Installment Milestone Percentage
No Data Found

Location Map

Featured Amenities

Park
Swimming Pool
Mosque
Hospital
Basement
BUILT IN WARDROBES
CITY VIEW
COMMUNITY VIEW
COVERED PARKING
MAIDS ROOM
MAINTENANCE

Project Compare


Developer: MAG

Project NameMAG 318

Bedrooms:Studios, 1, 2

Sizes:Starting from 431 Sq. Ft

Freehold/Leasehold:Freehold

Project Status:Handover 2020

Furnished/Unfurnished:Unfurnished

Minimum Price : AED 800,0000

Maximum Price : AED 1,610,697

Payment Plan : 35/65/0

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