MAG 318

Price on demand
Q4 2020
Delivery date
MAG Property Development
Developer
Freehold
Ownership type
Apartment
Real estate type

MAG 318

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MAG 318, Business Bay, Dubai, UAE

About project

Start year
2017
Number of buildings
1
Delivery year
2020
Number of units
451
Total area
25829 m²
DLD number
1891

Description

Summary:

MAG 318 is a residential complex developed by MAG Property Development, located in Business Bay, Dubai. The 23-story tower offers fully-furnished studios, 1, 2, and 3-bedroom apartments. The project is part of the over 80 million sq. ft. Business Bay area, providing a prime location in Dubai city.

Architecture:

The building is designed in a modern style, featuring a podium area and an outdoor swimming pool on its roof. The monolithic structure is equipped with panoramic windows and balconies in every apartment. Public areas and restaurants are finished with luxurious materials. The apartments are filled with light, offering spectacular views from the windows. Bathrooms are equipped with sanitary ware, and kitchens have the necessary household appliances.

Location:

MAG 318 is conveniently located within walking distance from central areas of Dubai and its main attractions. The Burj Khalifa is a 10-minute drive away. The development offers canal-front views and is part of the strategic projects in downtown Dubai.

Infrastructure:

The complex includes 439 units ranging from 40.5 to 93 m², including studios and 1-3 bedroom apartments. Amenities include an infinity pool, a fully equipped sports hall, and a playground for children. The ground floor houses supermarkets, and there are parking spaces for residents. The complex is under round-the-clock video surveillance and security, with concierge service available at any time. Common areas are maintained by the management company, and cleaning services are available for apartments.

Features and amenities

AmenityConcierge Service
AmenityKids Play Area
AmenityCycling Track
AmenityGym
AmenitySPA
AmenityRestaurants & Cafes

Price and sales dynamics for apartments

Protected with escrow account

Escrow account
0205027022405
After signing a contract with the developer, the buyer of an apartment in a building under construction transfers money to an escrow account in a bank, opened specifically for this project. The developer will only receive the money after the construction is completed. If this does not happen, the buyer gets their money back.
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Construction progress

Updated: December 6, 2020
Readiness: 100%
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Price on demand
Delivery Date:
Q4 2020
Ownership type:
Freehold
Updated:
03/13/2025
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Project presentation
Location, infrastructure and features of the project.

Location

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