MAG 318Business Bay
1,085,000 AEDmarket
2,466 AED/ft²
Delivered: Q4 2020
Completed
MAG 318
Business Bay
Studio, 1 - 2 BedsApartment
Launch price
770,000 AED
Booking
10%
Booking
Construction
30%
Construction
Handover
-
Handover
Local Information
-- to
Description
MAG 318 offers apartments for sale in Business Bay, a completed 23-storey residential tower by MAG Property Development. The building features 423 apartments, including studios, one-bedroom, and two-bedroom units. MAG 318 was completed in December 2020. This development provides residents with access to a gymnasium, swimming pool, and children's play area. The payment plan for the project included a 10% deposit, 30% during construction, and 60% post-handover. It is located near the Dubai Canal and offers views of the Burj Khalifa. The tower is minutes from Dubai Mall and accessible via Sheikh Zayed Road and Business Bay metro station.
Price Analysis for MAG 318
Apartment
Studio
40%
316 units
431 – 446 ft²
No market history available yet
Starting price
770K
1,767 /ft²
Current price
1.08M
2,466 /ft²
Every bedroom
priced differently.
All chartsLaunch curvesLive comparables
Price History for MAG 318
| Date | Price | Type | Beds | |||
|---|---|---|---|---|---|---|
| 12 May 2026 | 1,100,000 | Apartment | Studio | 446 ft² | — | 2,466 |
| 16 Mar 2026 | 894,600 | Apartment | Studio | 441 ft² | — | 2,029 |
| 16 Mar 2026 | 1,100,000 | Apartment | Studio | 433 ft² | — | 2,540 |
| 25 Feb 2026 | 1,050,000 | Apartment | Studio | 440 ft² | — | 2,386 |
| 3 Feb 2026 | 1,050,000 | Apartment | Studio | 433 ft² | — | 2,425 |
| 29 Jan 2026 | 1,000,000 | Apartment | Studio | 432 ft² | — | 2,315 |
| 27 Jan 2026 | 1,160,000 | Apartment | Studio | 432 ft² | — | 2,685 |
| 23 Dec 2025 | 1,100,000 | Apartment | Studio | 441 ft² | — | 2,494 |
| 8 Dec 2025 | 1,150,000 | Apartment | Studio | 441 ft² | — | 2,608 |
| 4 Dec 2025 | 1,085,000 | Apartment | Studio | 440 ft² | — | 2,466 |
| 26 Nov 2025 | 1,080,000 | Apartment | Studio | 441 ft² | — | 2,449 |
| 20 Nov 2025 | 1,075,000 | Apartment | Studio | 433 ft² | — | 2,483 |
| 20 Oct 2025 | 1,100,000 | Apartment | Studio | 441 ft² | — | 2,494 |
12 May 2026
1,100,000
StudioApartment
446 ft²
—
2,466
16 Mar 2026
894,600
StudioApartment
441 ft²
—
2,029
16 Mar 2026
1,100,000
StudioApartment
433 ft²
—
2,540
25 Feb 2026
1,050,000
StudioApartment
440 ft²
—
2,386
3 Feb 2026
1,050,000
StudioApartment
433 ft²
—
2,425
29 Jan 2026
1,000,000
StudioApartment
432 ft²
—
2,315
27 Jan 2026
1,160,000
StudioApartment
432 ft²
—
2,685
23 Dec 2025
1,100,000
StudioApartment
441 ft²
—
2,494
8 Dec 2025
1,150,000
StudioApartment
441 ft²
—
2,608
4 Dec 2025
1,085,000
StudioApartment
440 ft²
—
2,466
26 Nov 2025
1,080,000
StudioApartment
441 ft²
—
2,449
20 Nov 2025
1,075,000
StudioApartment
433 ft²
—
2,483
20 Oct 2025
1,100,000
StudioApartment
441 ft²
—
2,494
A little more context
changes the read.
All transactionsAll transactionsSales and RentalsBoth sales and rentalsPrice per ft²Full price per ft²
Showing 13 most recent sales transactions
What's Available for MAG 318
| Unit # | Type | Beds | From | Built-up | Int. Area | Ext. Area | Floor |
|---|---|---|---|---|---|---|---|
No units to display | |||||||
No units to display
Price Trends
For units in Business Bay
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FAQ
MAG 318 primarily suits investors and young professionals seeking proximity to Downtown Dubai and the Dubai Water Canal. The building's mix of studio, one-bedroom, and two-bedroom apartments, combined with its location in a freehold zone, makes it a practical choice for those prioritizing central urban access.
Business Bay, a mixed-use district that serves as a central business and residential hub, hosts the building. Its position provides residents with views of the Dubai Water Canal and easy access to the major road networks and landmarks of the Downtown Dubai area.
Facilities at the building include a swimming pool, a gymnasium, a spa, and a dedicated children's play area. The building also incorporates approximately 18,000 sq ft of retail space, providing on-site dining and convenience options.
The tower comprises 439 residential units, offering a selection of studio, one-bedroom, and two-bedroom apartments. Each unit is delivered fully furnished and features built-in wardrobes, marble flooring, and fitted kitchens.
