MAG 318 Apartments Summary

By MAG Property Development   |     Downtown Dubai

AED 799,000

  • Property Type: Apartment
  • Bedroom: Studios, 1 & 2 Bedrooms
  • Size: 436 to 1,000 Sq Ft
  • DownPayment: 10%
  • Payment Plan: 35/65
  • Handover: Q2 - 2020

MAG 318 Apartments Overview

MAG 318 Tower is a high-rise development in Business Bay, Downtown Dubai by MAG PD and features fully furnished Studios, 1 & 2 Bedroom canal-front residences.

Offering 438 residential units in various layouts with an attractive payment plan, the development is conceived, keeping in mind the needs and preferences of future residents. The homes come complete with balconies and parking spaces and the multiple entries & exit routes make it easy to move around.

The apartments are crafted in a manner, where it becomes possible for the owners to get awesome views of both the Dubai Water Canal and Burj Khalifa. This project is strategically situated, which then makes it accessible from Sheikh Zayed Road and Al Khail Road.

Given the size and scale of this imperious development, the facilities being made available are quite practical and truly fascinating. The whole project is ordained with elements, which gives more emphasis on the comfort of the residents. Apart from being a good investment opportunity, the residential tower scales new heights in terms of build quality and construction. 

With expected handover in 2020, the generously appointed apartments will surely inspire everyone to enjoy a privileged lifestyle. 

Project Features:
  • Choice of impressive Studios, 1 & 2 bedroom apartments
  • 438 apartments in total that are fully furnished
  • Ideal location in the middle of Downtown Dubai
  • Great investment opportunity 
  • Stunning View of the iconic Burj Khalifa and the surrounding landscape. 
  • Multiple entries and exit routes 

Feature & Amenities

Magnificently designed MAG 318 Tower by MAG PD is loaded with some of the most amazing amenities at Business Bay, Downtown Dubai. The project encompasses all the vital aspects, keeping in mind the convenience and comfort of the residents. For a change, there are retail stores to sustain the daily needs, as well as numerous shopping and fine dining restaurants and more. 

Amenities: 
  • World – class swimming pools 
  • Balconies and parking space for each apartment
  • Exclusive retail space 
  • Cycling Tack 
  • Luxurious Spas 
  • Leisure & entertainment destinations

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Payment Plan

MAG 318 in Business Bay, Downtown Dubai gets an attractive payment plan by MAG PD. The payment mode is structured in the 35/65 format and with 10 % to be paid at the time of booking; it surely facilitates the interest of buyers and possible investors. 

Considering the demand for fully-furnished homes are steadily on the rise, this project looks like a good option to start with.


Attractive Payment Plan

Installment Percentage(%) Date
Down Payment10%Purchase Date
1st Installment5%within 3 months from purchase date
2nd Installment5%within 6 months from purchase date
3rd Installment5%within 9 months from purchase date
4th Installment5%within 12 months from purchase date
5th Installment 5%within 15 months from purchase date
Final Installment 65%On Handover

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Location Map

Location & Connectivity

MAG 318 Tower is positioned in the heart of the city, Business Bay, Downtown Dubai.  With The Dubai Mall a meager 50 meters away from the Dubai Mall, it will be the first of its kind residential development finished within the most comfortable area in Dubai.

Since it is well located, it also happens to be well-connected. To start with, the project is served by a metro station and has got multiple access routes.

Master Plan

Developments & Neighborhoods

One of MAG PD’s prestigious developments, MAG 318 Tower is a master-planned project that has a lot to offer at Business Bay, Downtown Dubai. It will basically enable the residents to live in a community that comes loaded with a wide range of luxury hotels, residential and commercial units, first-rate shopping, dining, and entertainment options, apart from lush green landscaped parks and gardens and cascading canals.

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Floor Plan

Floor Plan  Property Type
1-Bedroom-910.50-Sq Ft 1-Bedroom-910.50-Sq Ft
2-Bedroom-2118-Sq Ft 2-Bedroom-2118-Sq Ft
Studio-454-Sq Ft Studio-454-Sq Ft
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MAG 318 Apartments Gallery