MAG 318 - Luxury Living in the Heart of Dubai
Overlooking the sparkling Dubai Water Canal as well as the iconic Burj Khalifa, MAG 318 has 439 studio, one and two bedroom apartments, each having a private balcony and allotted parking.
- Prime Location
- Easy Payment Plan
- Master Developer: Dubai Properties
- Developer: MAG
- Location: Business Bay-Downtown Dubai
- Title Type: Freehold
- Status: Under Construction
- Quality: High-EndEstimated Completion Date: Q2 2022
- Estimated Completion Date: Q3 2020
- Sales Status: Launched
- Price Range: Start from AED 1.5m
- Payment Plan: 70% During Construction & 30% 2 Years PHO
- Type of Property: Studio, 1 and 2 Bed Apartments
Features, Benefits and Aminities
- World-Class Swimming Pool
- Upscale Interiors
- Elegant Retail Spaces
- State-of-the-Art Gym
- Canal-Front Living
- Grand Entrance
- Burj Khalifa View Apartments
- Balconies & Parking Spaces for Each Unit
- 439 Apartments
Well Located Well Connected
- Downtown Dubai
- Metro Station
- Cycling Track
- Multiple Access Routes
- Commercial Towers
- Restaurants & Hotels
- Luxurious Spas
- Dubai Water Canal
- The Dubai Mall
- Leisure & Entertainment Destinations
About MAG 318
MAG 318 is a new integrated and high-end residential tower on the edge between Business Bay and Downtown Dubai. The development will be spread over more than 55,000 sq ft of land and features 439 residential units complemented by a mix of retail, dining, leisure and entertainment amenities. MAG 318 is located 500m from the Dubai Mall
Why Invest in MAG 318
- Closer proximity to Downtown neighbourhood and the perks and lifestyle that come with it.
- Downtown and Business Bay are ranked 2nd and 3rd respectively among the off-plan apartment transactions, indicating popularity in the market.
- Business Bay is the central business district comprising of commercial (19%), mixed-use (59%) and residential (22%) developments along the Dubai Water Canal.
- Downtown 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 and Business Bay were among the top 5 highest-annual-rent locations. Downtown was 2nd and Business Bay was 5th.
- Price Performance: Downtown and Business Bay are among the top 10 most expensive destinations in Dubai. Downtown is most expensive and Business Bay ranks 7th. The proximity to Downtown therefore increases the market value of MAG 318.