• Palm Jumeirah
  •   -0.08%
    Monthly Change
  •   -0.9%
    Annual Change
  • Motor City
  •   -0.06%
    Monthly Change
  •   -0.7%
    Annual Change
  • Jumeirah Golf Estates
  •   -0.04%
    Monthly Change
  •   -0.5%
    Annual Change
  • Jumeirah Village Circle
  •   -0.04%
    Monthly Change
  •   -0.3%
    Annual Change
  • Jumeirah Beach Residence
  •   -0.017%
    Monthly Change
  •   -0.2%
    Annual Change
  • Jumeirah Lakes Towers
  •   -0.06%
    Monthly Change
  •   -0.7%
    Annual Change
  • Jumeirah Park
  •   -0.03%
    Monthly Change
  •   -0.3%
    Annual Change
  • Jumeirah Islands
  •   +0.03%
    Monthly Change
  •   +0.3%
    Annual Change
  • International City
  •   +0.03%
    Monthly Change
  •   +0.2%
    Annual Change
  • IMPZ
  •   -0.03%
    Monthly Change
  •   -0.3%
    Annual Change
  • Emirates Living
  •   +0.04%
    Monthly Change
  •   +0.3%
    Annual Change
  • Dubai Silicon Oasis
  •   -0.09%
    Monthly Change
  •   -1.1%
    Annual Change
  • Dubai Sports City
  •   -0.08%
    Monthly Change
  •   -0.9%
    Annual Change
  • Dubai Marina
  •   +0.09%
    Monthly Change
  •   +0.1%
    Annual Change
  • Dubai Land
  •   -0.08%
    Monthly Change
  •   -0.9%
    Annual Change
  • Dubai Investments Park
  •   -0.12%
    Monthly Change
  •   -1.4%
    Annual Change
  • Dubai Festival City
  •   -0.06%
    Monthly Change
  •   -0.7%
    Annual Change
  • DIFC
  •   -0.075%
    Monthly Change
  •   -0.9%
    Annual Change
  • Downtown Burj Khalifa
  •   -0.05%
    Monthly Change
  •   -0.6%
    Annual Change
  • Discovery Gardens
  •   +0.03%
    Monthly Change
  •   +0.2%
    Annual Change
  • Business Bay
  •   -0.09%
    Monthly Change
  •   -0.1%
    Annual Change
  • Barsha Heights (TECOM)
  •   -0.02%
    Monthly Change
  •   -0.2%
    Annual Change
  • Arabian Ranches
  •   -0.1%
    Monthly Change
  •   -1.2%
    Annual Change
  • Al Furjan
  •   -0.09%
    Monthly Change
  •   -1.1%
    Annual Change
  • DUBAI HOUSE PRICE INDEX
    October 2019
  •   -1.3%
    Monthly Change
  •   -6.7%
    Annual Change
Mag-318

Mag 318

Grade

A+
Investor grade
B+
End user grade
A+
Excellent
A
Very Good
B+
Good
B
Above Average
C
Average
D
Below Average

Mag 318 Facts

Community
Registration No
---
Expected Service Charge
---
Location
Business Bay
Property Type
Apartments
Property Title Type
Freehold
Handover
2019

Property Score

Value for Money
80%
Location & Connectivity
89%
Rental Yield Expectation
75%
Capital Growth Expectation
79%

Mag 318 Description

The MAG 318 tower is located in the heart of the city, Business Bay — Downtown. Live in a true urban oasis surrounded by a wondrous mix of luxury hotels, commercial and residential buildings, and world-class shopping, leisure and entertainment – all set among landscaped gardens and the sparkling Dubai Water Canal.

Fully furnished canal-front residences in the heart of ambition – Business Bay, Downtown Dubai

Studios, 1 BR and 2 BR Apartments | 431 Sq. Ft. – 2315 Sq. Ft.

Why Invest at MAG 318?

  • Considering the proximity to Downtown neighbourhood, the property is in a much more desired location than its Business Bay competitors.
  • Downtown Dubai and Business Bay are ranked 2nd and 3rd respectively among the off-plan apartment transactions.
  • Business Bay is the ‘central business district’ comprising of commercial (19%), mixed-use (59%) and residential (22%) developments along the Dubai Water Canal.
  • Downtown Dubai 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 Dubai and Business Bay were among the top 5 highest-annual-rent locations. Downtown Dubai was 2ndand Business Bay stood at 5th.
  • Price performance: Although the overall property prices have declined, Downtown Dubai and Business Bay are still among the top 10 expensive destinations. Downtown Dubai is the most expensive and Business Bay ranks 7th. The proximity to Downtown Dubai therefore helps MAG 318 to command an advantage.
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Mag 318 Amenities

icons saved for nounSwimming Pool
Covered Parking
24/7 Security
Gym
IconsRunning Track
Recreational Zone
Retail Centre
Super Market
c1Kid’s School
Community Hall
Park
Kid’s Play Area
Mag 318
Download Floor Plan
Mag 318
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Mag 318 – Living Room

Mag 318 – Living Room

Mag 318 – Bedroom

Mag 318 – Bedroom

Mag 318 – Kitchen

Mag 318 – Kitchen