MAG 318

Starting PriceAED 741,030
Price Per Sqft fromAED 1,704
Area from435Sqft.
Type Apartments
Location Business Bay
DeveloperMAG Property Development
Developer Projects7
Handover2019 Q4

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 From Date of Sale
Fees (B) & Down Payment (C)10%Within 7 Days
Oqood Registration4%Within 7 Days
2nd Installment5%On or Before 01-Nov-2017 (PDC)
3rd Installment5%On or Before 01-Feb-2018 (PDC)
4th Installment5%On or Before 01-May-2018 (PDC)
5th Installment5%On or Before 01-Aug-2018 (PDC)
6th Installment5%On or Before 01-Nov-2018 (PDC)
Installment Due on Completion65%On Completion

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

Project Video

Escrow Account

Bank Emirates NBD
Account Name MAG Property Development LLC
Account Number 1015027022401
IBAN AE80 0260 0010 1502 7022 401

Project Location

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Business Bay

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