Project Overview

Starting PriceAED 863,958
Price Per Sqft fromAED 1,986
Area from435 Sqft.
Type Apartments
BedroomsStudio1BR2BR
Location Business Bay
DeveloperMAG Property Development
Developer Projects6
Est. Completion Q2 2020
Views3.4k

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 sought-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.

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 entries & exit routes to main highways
  • Mix of retail, dining, leisure and entertainment amenities

Payment Plan

InstallmentMilestonePercentage (%)
1st InstallmentDuring Construction35%
2nd InstallmentOn Handover65%

Selling Points

  • Fully furnished apartments without TV
  • Fully walkable and in close proximity to schools, offices, hospitals, malls and hotels.
  • Just 5 mins walking distance to the popular Dubai Mall and the World’s tallest tower – Burj Khalifa.
  • Next to Mirisi Walk
  • Located next to the cycling track which is connected through Meydan

MAG 318 Video

Location Map

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Business Bay
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This location in the map may not be exact. To get exact location, click here.

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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