MAG 318 Apartments Summary

By MAG Property Development   |     Downtown Dubai

AED 860,000

Apartment: Studios, 1 & 2 Bedrooms
Size: 431 to 2,315 Sq Ft
DownPayment: 10%
Payment Plan: 40/60
Handover: Q2 - 2020
50.09 %

Registration :May - 2017

(34 Months)

MAG 318 Apartments Overview

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

Key Highlights:-
  • 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: 
  • Swimming Pool
  • Balconies and parking space for each apartment
  • Exclusive Retail Spaces 
  • Cycling Tack 
  • Gardens and Parks 
  • Kids Play Area
  • Luxurious Spas 
  • Leisure & Entertainment Spots
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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 40/60 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 40/60 Payment Plan

Installments Payment (%) Milestones
Down Payment10% + 4% Registration FeePurchase Date
1st Installment10%Within 30 days from purchase date
2nd Installment10%Within 5 months from purchase date
3rd Installment10%Within 10 months from purchase date
Final Installment60%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 PlanProperty Type
1-Bedroom-910.50-Sq Ft 1-Bedroom-910.50-Sq Ft
2-Bedroom-2118-Sq Ft 2-Bedroom-2118-Sq Ft
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