MAG 318

Name: MAG 318
Address: D72 - Dubai - United Arab Emirates, Business Bay, Dubai
Telephone: +66 (0) 2 508 8780
Price range: ₿2.785 - ₿6.603
Rating: 4.58

(2 Reviews)

Business Bay, Dubai, United Arab Emirates

Jan 2021 Completed

23 Floors

1 Tower

439 Units

(2 Reviews)

For Sale 10 Units

₿2.697

Overview of MAG 318 in Business Bay, Dubai

MAG 318 is a condo and apartment project located in Business Bay, Dubai and was completed in Jan 2021. It has 439 units across 23 floors and was developed by MAG Property Development, who is also behind MAG 330, Keturah Reserve and The Ritz-Carlton Residences.

About MAG 318

MAG 318 at Business Bay is located in Business Bay and close proximity to the Downtown Dubai neighborhood. MAG 318 truly presents the urban oasis by integrating a luxurious living experience with retail shops, dining, recreational spaces, and entertainment activities all accessible from within the development. Residents can enjoy stunning views of the Burj Khalifa and Dubai Canal from the balcony. In addition, the residence offers high-end facilities that fit all people's lifestyles including gymnasium, swimming pool, leisure and entertainment spaces.

As in a prime location, MAG 318 is very close to many transportation links like Business Bay metro station, which makes it easy for residents to travel toward other parts of the city with ease. Only minutes away from the largest mall in UAE and the world: Dubai Mall. Moreover, residents can have multiple entries and exit routes to main highways such as Sheikh Mohammed Bin Rashid Road and SheikhZayed Road. while being moments away from everything Dubai's city life has to offer.

MAG 318 real estate Dubai provides homebuyers with the best city lifestyle the Middle East can offer to its residents. From multiple fine-dining restaurants from celebrity chef such as Bread Street Kitchen by Gordan Ramsey, to dining at Old Town, at Thiptara with a beautiful view of the tallest building in the world Burj Khalifa.

Project Information
MAG 318 at Business Bay is the collection of high-end residential towers in Business Bay with stunning views. Consists of studio, 1, and 2 bedroom apartment for sale canal-front apartments with a variety of lifestyle facilities complemented by a mix of retail, dining, leisure and entertainment. Developed by MAG Property Development and It was completed in 2021.

Expats seeking to own real estate Dubai can turn the dream into a reality. As Business Bay is part of the freehold zone in UAE. Freehold zones in the UAE are where expats and foreign workers can completely own real estate in Dubai for investment reasons or to own a home.

Dubai investment is a great opportunity for good financial returns. The region acts as a bridge between the east and the west. UAE has no-capital gain tax, no-income tax, a stable currency that pegs with the US Dollar. Of course the warm weather is all year long. As property for sale in Business Bay brings in a huge ROI for around 6.2% annually.

Room Types and Details
Studio; size from 432 - 440 Sq.ft, with balcony
1 Bedroom; size from 876 - 1,565 Sq.ft, with balcony
2 Bedroom; size from 964 - 1,043 Sq.ft, with balcony

Dubai Apartment for Sale: MAG 318
Studio: 780K - 850K AED (USD 212K - 231K)
1 Bedroom: 1M AED - 1.5M AED (USD 272K - 408K)
2 Bedrooms: 2M - .3.1M AED (USD 544K - 843K)

Facilities
- Elegant retail spaces
- Gymnasium
- Swimming pool
- Parking spaces
- Grand entrance
- Cycling Tack
- Gardens and Parks
- Kids Play Area
- Luxurious Spas
- Leisure & Entertainment spaces
- Reception service
- Common roof deck

Direction
Starting from Sheikh Mohammed bin Rashid Blvd and Dubai Fountain St, head southwest and Turn left toward Sheikh Mohammed bin Rashid Blvd. Turn right at the 1st cross street onto Sheikh Mohammed bin Rashid Blvd for 400 meters. Turn left onto Dubai Fountain St and MAG 318 at Business Bay will be on the right.

Features & Amenities

Communal Pool

1st Floor
Communal Gym

1st Floor
Reception / Lobby Area

1st Floor

Video of MAG 318

Project Overview
Developer Overview

Available Units at MAG 318

All
Studio
1 Bed
2 Beds

Get notified when new homes are being added to MAG 318

View All (10)

Sale Price : ฿5,759,000

FazWaz Estimate : ฿5,550,000

Price Rating : Great Price

Sale Price : ฿12,140,999

FazWaz Estimate : ฿11,990,999

Price Rating : Great Price

Sale Price : ฿1299,999

FazWaz Estimate : ฿179,999

Price Rating : Overpriced

Sale Price : ฿159,999

FazWaz Estimate : ฿149,999

Price Rating : Fair Price

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Facilities and Floor Plans

Facilities

Leisure

Communal Pool

Steam Room

Fitness

Communal Gym

Convenience

Car Parking

Reception / Lobby Area

Shopping Mall

Safety

24H Security

CCTV (Video Surveillance)

Payment Plan

Installment Milestone Payment

1st Installment

Down Payment

2nd Installment

Every 3Months

3rd Installment

On Completion (Q4 -2019)

65%

4th Installment

On handover

15%

MAG318-100

Installment Milestone Payment

Down Payment

Feb 2021

100%

Master Plan

About the Developer - MAG Property Development

All MAG Property Development Projects

18 Projects 10,062 Units

MAG Lifestyle Development is part of the Moafaq Ahmad Al Gaddah (MAG) Group – a multinational conglomerate based in the UAE. With a 40 year old legacy, MAG Group is one of the largest corporations in the region, maintaining a highly prominent position of leadership among its peers, across the real estate, contracting, engineering, industrial and commercial trading, freight services, and hospitality sectors. Today MAG Lifestyle Development’s interests range from pioneering affordable housing initiatives and high-end luxury developments to bringing wellness-focused living to the UAE.

Our conviction at MAG Lifestyle Development is to be at the forefront of the region’s property and lifestyle industry through our dedication to the Group’s corporate philosophy of continuous innovation. By employing only the highest of standards and adhering to MAG Group’s code of ethics that base its business practices on honesty and integrity, we aim to be the leader in the lifestyle development sector.
As we continue to create offerings that span across every lifestyle segment, we have only one promise that we make to you – to exceed your expectations beyond what was previously thought possible.
Whenever you feel that MAG has given you the best for your needs, EXPECT MORE.

Our mindset determines where we find ourselves in life. We were brought together at MAG Lifestyle Development by one common trait: our insatiable appetite for more. it shows in everything we do, our attitude, our culture, and our image. More is what keeps us up at night and what we work for every morning.

It is our calling, our mantra, and our way of life. It’s an extraordinary mindset that is unyielding, never-ending, and never-settling for mediocre. It keeps our minds open to bold thinking that shatters normality with why-nots, what-ifs, and where-next.

We are the curious minds, the disruptors, and the game-changers of the world who dream more than others think is practical, care more than others think is realistic, and dare more than others think is safe, so we can give more to the world and promise to exceed your expectations beyond what others thought was possible.

Frequently Asked Questions

The Dubai Mall is the nearest Shopping Mall from MAG 318 and it is 0.8 km away.

Reviews

4.6 out of 5

Based on

2 Reviews

Maintenance

Staff / Security

Facilities on Site

Quality of Finishing

Value for Money

Location

+ Write a review

Stylish Dubai at its most best address

Deer Robinson, United Kingdom, 2 years ago

MAG 318 apartment in Dubai stylish with elegant, beautiful and very modern. I have staying in Dubai for 2 years now and MAG 318 1 bedroom apartment in Business Bay is beautiful and provides me the ultimate city lifestyle. Everyday is also something to do in Business Bay. I work at Dubai Financial Center and its just two metro station away from my condo. So much food and cafe to eat around Downtown Dubai . From fine-dining restaurant to cascual restaurants in Dubai Marina. Every day you can go shopping at Dubai Mall and trust me they are so many shops that I feel like I never had completely the whole shopping mall before.

Impeccable project to stay in vibrant community.

Luis T. Luna, Spain, 3 years ago

New building looks nice from outside, MAG 318 is in one of the lively cities in Dubai as Business bay. The vibrant and active community with good facilities including the swimming pool, gymnasium, and leisure space as well as the vibrant neighborhood facilities. I can enjoy shopping at Dubai Mall because it's very close to my apartment. The breathtaking views from my room make me feel relaxed after work. Very prime location that connects to the many roads and highways along with the metro station in order to provide convenient transport. I am very happy that I chose to stay at MAG 318 at Business Bay.

Dubai

Neighborhood Overview

Buy
₿0.011 - ₿2,153.261
For Sale on BaanCoin
5,338 properties
Rent
₿0.011 - ₿0.467
For Rent on BaanCoin
38 properties
To Souk Al Bahar
4.2 km / 9 minutes by driving
To Dubai International Airport
23.2 km / 22 minutes by driving

Location and Neighborhood

Surrounding area

MAG 318 is located 4790 from Seven Emirates Investment L.L.C and it can be reached within 9 mins by car.

There are many other shops situated in the area of MAG 318, the 3 closest being:
- ABPAY KIOSK is 500 m away (about 6 mins. by foot)
- Lanolin FZE is 790 m away (about 10 mins. by foot)
- SFAQA.COM is 4.8 km away (an approx. drive of 8 mins.)

The surrounding area, where MAG 318 is situated, offers a wide variety of restaurants. See the closest of them below:
- The MAINE Land Brasserie, Business Bay Dubai is 0 m away (a walk of about 1 min.)
- Wrapps NMG is 0 m away (a walk of about 1 min.)
- Sizzling Grill is 0 m away (a walk of about 1 min.)

The All England Practice is the nearest health facility, which is 5.2 km away (you can drive there in 9 mins.) from the project, while the closest schools in the proximity of MAG 318 are:
- Meeting is 0 m away (about 1 min. by foot)
- AETC ( AUFUQ Al EBDAA Training center ) is 4.5 km away (an approx. drive of 8 mins.)
- UHGYM O14 Tower is 390 m away (about 5 mins. by foot)

Dubai International Airport is located 21.8 km from MAG 318 and it takes about 21 mins. by car or taxi (depending on the traffic) to get there.

Projects Nearby MAG 318

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Burj Views B

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