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MAG 318, Business BayReady

MAG 318, Business Bay

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HIGHLIGHTS

About Mag 318

MAG 318 is a 23-storey residential building in Business Bay Dubai. Developed by MAG Group in 2021, the tower offers studio, 1 and 2-bedroom apartments. Amenities in the building include a gym, pool, spa and play area for kids.

MAG 318 street view
Street View of MAG 318

Business Bay is a renowned mixed-use area in Dubai. Spread over 46.9 million sq. ft., the community houses notable landmarks, including Bay Avenue Mall, Dubai Canal and JW Marriott Marquis, the former tallest hotel in the world.

In a Nutshell

  • Type of building: Residential
  • Location: Business Bay
  • Developer: MAG Group
  • Date of completion: 2021
  • Number of floors: 23
  • Number of units: 439
  • Unit type: Studio, 1 and 2-bedroom apartments
  • Type of Ownership: Freehold
  • Amenities: Gym, pool, spa and play area for kids
business

BUILDING DETAILS

Facilities in MAG 318 Residential Tower, Dubai

Parking

Residents can find secure parking in MAG 318 Business Bay. Visitors can park their cars outside the building.

Secure parking in MAG 318
Parking space outside MAG 318

ELEVATORS

Multiple high-speed elevators in MAG 318 Business Bay provide easy access to all floors.

SECURITY, CENTRAL AIR-CONDITIONING AND MAINTENANCE SERVICES

The security staff of MAG 318 Dubai ensures safety using CCTV cameras. It also has a round-the-clock maintenance team to upkeep amenities.

GYM AND FITNESS FACILITIES

There is a swimming pool, spa and a well-equipped gym in MAG 318.

LIFESTYLE AMENITIES

Kids can enjoy various games in the play area of MAG 318.

CONCIERGE AND GUEST SERVICES

MAG 318 provides 24-hour guest and concierge services. Visitors can get help from the reception service in the lobby.

Safety Features

Fire alarms and extinguishers are installed throughout the building for safety.

Pet-Friendly

Pets are allowed in the building.

MAG 318 Floor Plans

MAG 318 Floor plans
MAG 318 - Studio Apartments Type A Floor plan
Studio, 1 BathType, A
MAG 318 - Studio Apartments Type B Floor plan
Studio, 1 BathType, B
MAG 318 - 1 Bed Apartments Type A Floor plan
1 Bed, 1 BathType, A
MAG 318 - 1 Bed Apartments Type B Floor plan
1 Bed, 1 BathType, B
MAG 318 - 1 Bed Apartments Type C Floor plan
1 Bed, 1 BathType, C
MAG 318 - 1 Bed Apartments Type D Floor plan
1 Bed, 1 BathType, D
MAG 318 - 2 Bed Apartments Type B Floor plan
2 Beds, 2 BathsType, B
MAG 318 - 2 Bed Apartments Type A Floor plan
2 Beds, 2 BathsType, A
MAG 318 - 2 Bed Apartments Type E Floor plan
2 Beds, 2 BathsType, E
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Apartment Types in MAG 318

MAG 318 offers studio, 1 and 2-bedroom apartments with different specifications. These units feature built-in wardrobes, marble floors and fitted kitchens with cabinets and countertops.

STUDIO APARTMENTS IN MAG 318

Studio apartments in MAG 318 cover an area of 440 sq. ft. to 446 sq. ft. They feature a modern-style kitchen, a living/dining area and a balcony. These apartments also have a fitted bathroom with modern fixtures. 

1-BEDROOM APARTMENTS IN MAG 318

1-bedroom apartments in MAG 318 span over 871 sq. ft. They have an attached bathroom and a powder room. These units feature a living/dining area, a closed-style kitchen and a balcony.

2-BEDROOM APARTMENTS IN MAG 318

2-bedroom apartments in MAG 318 cover an area of 967 sq. ft. They have a modern-style kitchen, a living/dining area and a balcony. These apartments feature a common and an attached bathroom.

Studio
1-Bed
2-Bed
0%20%40%60%80%100%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 8 hours ago

According to Bayut, studio apartments in MAG 318 enjoy the highest popularity. They are followed by 2-bedroom flats in the second spot. 1-bed apartments take up the third position on the list.

Apartment TypeAverage Rental Price in AED
Studio78,000
1-Bed119,000
2-Bed156,000
Based on property listings on Bayut.com over the last 12 months. Last updated 8 hours ago
Spacious | 1BR Plus Study Room  | Canal View
AED14,000Monthly
beds
1
baths
1
area
823 sqft
Spacious | 1BR Plus Study Room | Canal ViewMAG 318, Business Bay, Dubai, UAE
Modern Living with Style and Comfort Awaits You
AED165,000Yearly
beds
2
baths
2
area
966 sqft
Modern Living with Style and Comfort Awaits YouMAG 318, Business Bay, Dubai, UAE
Canal View | Bills Included | No Commission
AED18,750Monthly
beds
2
baths
2
area
1,043 sqft
Canal View | Bills Included | No CommissionMAG 318, Business Bay, Dubai, UAE
Large Studio | Modern Furnishing | MAG 318
AED11,099Monthly
beds
Studio
baths
1
area
441 sqft
Large Studio | Modern Furnishing | MAG 318MAG 318, Business Bay, Dubai, UAE
Fully Furnished|Canal View|Vacant|Near Dubai Mall
AED80,000Yearly
beds
Studio
baths
1
area
441 sqft
Fully Furnished|Canal View|Vacant|Near Dubai MallMAG 318, Business Bay, Dubai, UAE
Unmissable deal || Luxury Studio Apartment || Spacious Balcony || Pool View || Ready to move
AED79,990Yearly
beds
Studio
baths
1
area
446 sqft
Unmissable deal || Luxury Studio Apartment || Spacious Balcony || Pool View || Ready to moveMAG 318, Business Bay, Dubai, UAE
Luxurious | 2 Bedroom Apartment | Fully Furnished | Spacious Balcony | High Floor
AED149,990Yearly
beds
2
baths
2
area
1,041 sqft
Luxurious | 2 Bedroom Apartment | Fully Furnished | Spacious Balcony | High FloorMAG 318, Business Bay, Dubai, UAE
BEST OFFER|BOULEVARD VIEW|VACANT|NEAR DUBAI MALL
AED150,000Yearly
beds
2
baths
2
area
966 sqft
BEST OFFER|BOULEVARD VIEW|VACANT|NEAR DUBAI MALLMAG 318, Business Bay, Dubai, UAE
Modern 2B | Furnished | Near Dubai Mall
AED164,999Yearly
beds
2
baths
2
area
966 sqft
Modern 2B | Furnished | Near Dubai MallMAG 318, Business Bay, Dubai, UAE
Classy Studio | Canal View | Business Bay
AED10,999Monthly
beds
Studio
baths
1
area
434 sqft
Classy Studio | Canal View | Business BayMAG 318, Business Bay, Dubai, UAE
LUX TWO BEDROOM || COMMUNITY VIEW-CANAL || VACANT
AED145,000Yearly
beds
2
baths
2
area
966 sqft
LUX TWO BEDROOM || COMMUNITY VIEW-CANAL || VACANTMAG 318, Business Bay, Dubai, UAE
Fully Furnished 1 BR | High Floor | Canal View
AED125,000Yearly
beds
1
baths
1
area
819 sqft
Fully Furnished 1 BR | High Floor | Canal ViewMAG 318, Business Bay, Dubai, UAE
1B + Study | Furnished | Near Dubai Mall
AED15,999Monthly
beds
1
baths
1
area
982 sqft
1B + Study | Furnished | Near Dubai MallMAG 318, Business Bay, Dubai, UAE
Luxury Furnished | Pool & Canal View | Vacant
AED154,999Yearly
beds
2
baths
3
area
1,043 sqft
Luxury Furnished | Pool & Canal View | VacantMAG 318, Business Bay, Dubai, UAE
Luxurious Studio | City View | Multiple Cheques
AED95,000Yearly
beds
Studio
baths
1
area
433 sqft
Luxurious Studio | City View | Multiple ChequesMAG 318, Business Bay, Dubai, UAE
infoLook for listings with the TruCheck™ badge as those have been validated by the Bayut team.
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Apartment TypeAverage Sales Price in AED
Studio1,119,000
1-Bed1,889,000
2-Bed2,348,000
Based on property listings on Bayut.com over the last 12 months. Last updated 8 hours ago
Exclusive | Canal View | Furnished |Prime Location
AED1,100,000
beds
Studio
baths
1
area
440 sqft
Exclusive | Canal View | Furnished |Prime LocationMAG 318, Business Bay, Dubai, UAE
WITH STUDY | CLOSE TO DUBAI MALL | VACANT
AED1,800,000
beds
1
baths
1
area
819 sqft
WITH STUDY | CLOSE TO DUBAI MALL | VACANTMAG 318, Business Bay, Dubai, UAE
Prime Location | Spacious Studio | Balcony View
AED1,150,000
beds
Studio
baths
1
area
432 sqft
Prime Location | Spacious Studio | Balcony ViewMAG 318, Business Bay, Dubai, UAE
Furnished Studio | Mid Floor | Prime Location
AED1,200,000
beds
Studio
baths
1
area
432 sqft
Furnished Studio | Mid Floor | Prime LocationMAG 318, Business Bay, Dubai, UAE
Furnished Studio | High Floor | Prime Location
AED1,150,000
beds
Studio
baths
1
area
441 sqft
Furnished Studio | High Floor | Prime LocationMAG 318, Business Bay, Dubai, UAE
City and Canal Views | Furnished | Prime Location
AED1,150,000
beds
Studio
baths
1
area
439 sqft
City and Canal Views | Furnished | Prime LocationMAG 318, Business Bay, Dubai, UAE
Elegant Living, Fully Furnished, Multiple Options
AED1,080,000
beds
Studio
baths
1
area
432 sqft
Elegant Living, Fully Furnished, Multiple OptionsMAG 318, Business Bay, Dubai, UAE
Elegant Living | Fully Furnished | Multiple Option
AED2,200,000
beds
2
baths
2
area
966 sqft
Elegant Living | Fully Furnished | Multiple OptionMAG 318, Business Bay, Dubai, UAE
Elegant Living | Fully Furnished |Multiple Options
AED1,080,000
beds
Studio
baths
1
area
432 sqft
Elegant Living | Fully Furnished |Multiple OptionsMAG 318, Business Bay, Dubai, UAE
FULLY FURNISHED| SPACIOUS| CANAL VIEW
AED1,200,000
beds
Studio
baths
1
area
440 sqft
FULLY FURNISHED| SPACIOUS| CANAL VIEWMAG 318, Business Bay, Dubai, UAE
Vacant l 1 Bedroom l High Floor l Spacious
AED2,000,000
beds
1
baths
1
area
982 sqft
Vacant l 1 Bedroom l High Floor l SpaciousMAG 318, Business Bay, Dubai, UAE
Multiple Options | Canal And City View | Rented
AED2,000,000
beds
1
baths
1
area
982 sqft
Multiple Options | Canal And City View | RentedMAG 318, Business Bay, Dubai, UAE
Multiple Options | Spacious | Rented til Jan 2025
AED2,400,000
beds
2
baths
2
area
966 sqft
Multiple Options | Spacious | Rented til Jan 2025MAG 318, Business Bay, Dubai, UAE
Motivated Seller | Prime Location | Furnished
AED2,200,000
beds
2
baths
2
area
966 sqft
Motivated Seller | Prime Location | FurnishedMAG 318, Business Bay, Dubai, UAE
Elegant Living | Fully Furnished | Multiple Option
AED2,200,000
beds
2
baths
2
area
966 sqft
Elegant Living | Fully Furnished | Multiple OptionMAG 318, Business Bay, Dubai, UAE
infoLook for listings with the TruCheck™ badge as those have been validated by the Bayut team.
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Rental Yield in MAG 318

Studio
1-Bed
2-Bed
0%4%8%12%16%20%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 8 hours ago

Studio apartments offer the highest ROI in MAG 318 of 7.20%. 1-bed apartments generate about 6.73% return on investment. 2-bedroom flats offer an ROI of about 6.72%.

Dubai Transactions
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NEARBY AMENITIES

Transportation near MAG 318

Those who want to commute using a personal vehicle can head to Ras Al Khor Road within a drive of 6 minutes from MAG 318. People using public transportation near MAG 318 can take buses, taxis and the metro.

BUS STATIONS NEAR MAG 318

RBC Tower 2 Bus Stop and Bay Square 1 Bus Stop are within a 2-minute drive from MAG 318.

METRO STATIONS NEAR MAG 318

Business Bay Metro Station, connected to the Red Line of Dubai Metro, is an 8-minute drive from the building.

Restaurants near MAG 318

Restaurants near MAG 218 include:

  • AVE Dubai
  • Atri Dubai
  • CZN Burak Dubai

AVE Dubai is a 4-minute walk from the building. Atri Dubai is a 3-minute drive from MAG 318. You can have catalan dream mix, frittura mista, caprese 2.0, salmon tartare and other Italian dishes here. CZN Burak Dubai is 4 minutes away by car. It is a contemporary Turkish restaurant offering grilled meat, kunefe, eggplant dishes and shisha.

Some fine dining restaurants near MAG 318 are:

  • Bice Mare Restaurant
  • Thiptara
  • Tong Thai

Bice Mare Restaurant is a 6-minute drive from the location. It provides seafood in a contemporary setting with a terrace, offering breathtaking views of the Dubai Fountain and Burj Khalifa. From noodles and sushi to rice and soup, you can enjoy numerous Thai dishes at Thiptara and Tong Thai. Both are within a 9-minute drive from MAG 318. Tong Thai is one of the best restaurants in Business Bay.

Supermarkets near MAG 318

Supermarkets near MAG 318 include:

  • Carrefour Market
  • West Zone Fresh Supermarket
  • ZOOM
  • Spinneys

Residents can head to Carrefour Market, West Zone Fresh Supermarket and ZOOM for groceries and other routine items. All of them are located within a 9-minute drive from the building. One of the Spinneys supermarkets in Dubai is located near MAG 318 and is ideal for daily essentials.

Schools and Nurseries near MAG 318 Residential Tower

Jumeirah International Nursery, one of the top nurseries in Jumeirah, follows the EYFS framework and is a 4-minute drive from the building. JSS Private School is 11 minutes away by car and offers education from Foundation Stage to Senior Secondary Stage as per the CBSE curriculum. Dubai International School is a 13-minute drive from MAG 318 Residential Tower and enrols students under the American Curriculum.

Major Landmarks

Landmarks near MAG 318 Residential Tower include:

  • Dubai Mall
  • The Dubai Fountain
  • Burj Khalifa

Dubai Mall is one of the largest shopping centres in the world, having numerous retail outlets, restaurants and recreational spots. Dubai Aquarium & Underwater Zoo, Ice Rink Dubai, Hysteria and Reel Cinemas are among the key attractions in Dubai Mall. 

The Dubai Fountain is the world's largest fountain, an 8-minute drive from the building. It can shoot water up to 500 ft. in the air. Illuminated by 6,600 lights and 50 colour projectors, the fountain plays contemporary Arabic music during the show.

The Dubai Fountain is the world's largest fountain
The Dubai Fountain is an 8-minute drive from MAG 318

Burj Khalifa is the tallest skyscraper in the world, standing 828 meters tall with 163 floors. It features numerous dining, leisure and entertainment options. Located at an 8-minute drive, the tower has two observation decks on the 124th and 148th floors.

Things to Consider

Residents of MAG 318 Residential Tower enjoy various benefits like quick access to malls, hotels and notable landmarks. Those living in Business Bay or planning to move here should consider that schools are a bit away from the community. However, one can easily find schools and nurseries in neighbouring areas.

FAQs

DOES MAG 318 RESIDENTIAL TOWER HAVE A GYM?

MAG 318 has a well-equipped gym.

IS THERE ANY MALL NEAR MAG 318 RESIDENTIAL TOWER?

Dubai Mall is an 8-minute drive from MAG 318 Residential Tower, Dubai.

WHAT ARE THE APARTMENT TYPES IN MAG 318 RESIDENTIAL TOWER, DUBAI?

You can find studio, 1 and 2-bedroom apartments in MAG 318 Residential Tower, Dubai.

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