MAG 318

Starting PriceAED 799,932
Price Per Sqft fromAED 1,855
Area from431.23 Sqft.
Type Apartments
BedroomsStudio1BR2BR
Location Business Bay
DeveloperMAG Property Development
Developer Projects6
Est. CompletionQ1 2020
Views1.8k

MAG 318

MAG 318 is a high-rise residential project by MAG Properties located in Business Bay. The tower has 438 residences offering studio units, as well as one-bedroom and two-bedroom apartments. MAG 318 offers integrated and high-end living experience with retail outlets, dining and leisure places, and entertainment amenities all accessible within the property. The residences are located within a true urban oasis with a mix of luxury hotels and residences and world-class shopping and entertainment destinations. Located within 50 meters from the Dubai Mall, the apartment project will be the first residential development completed in the sough-after community of Downtown Dubai.

The residences boast of stunning views of the Burj Khalifa and the Dubai Water Canal and are offered in studio, 1-bedroom and 2-bedroom arrangements from AED 741,030.

Payment Plan:

InstallmentPercentage (%)Milestone
1st Installment10%Purchased date
2nd Installment10%01 May 2018
3rd Installment10%01 August 2018
4th Installment5%01 November 2018
5th Installment65%On Handover (Q1 2020)

Key Features:

  • Located in Downtown Dubai
  • Close proximity to Dubai Mall
  • Excellent view of the Burj Khalifa Balconies & parking spaces
  • Extensive landscaping & outdoor leisure spaces
  • Close proximity to cycling track in Meydan & Meraas
  • Multiple entry & exit routes to main highways
  • Mix of retail, dining, leisure and entertainment amenities

MAG 318 Video

Location Map for MAG 318

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Business Bay
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Escrow Account

Bank Emirates NBD

Escrow Account

Account Name MAG 318

Escrow Account

Account Number 0205027022405

Escrow Account

Swift EBILAEAD

Escrow Account

IBAN AE80 0260 000205027022405

Escrow Account

Project No. 1891

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