Business Bay · Dubai
MAG 318 Apartments
From
AED 835,000
≈ $227K · AED 1,937/sqft est.
- Price from
- AED 835K
- ≈ $227K
- Per sqft
- AED 1,937
- estimated
- Handover
- Ready
- Payment plan
- 100/0/0
About
MAG 318 Apartments is a completed apartment tower by MAG Property Development in Business Bay, Dubai, with studios to two-bedroom apartments from about 431 to 2,315 sq ft.
Homes are handed over and prices start at AED 835,000 for what is still on sale, paid in full on purchase.
The figures here are the starting price and plan as published for the project. Confirm the price, unit availability and service charge with the developer before committing.
- MAG Property apartment tower in Business Bay
- Studios to two-bedroom apartments from 431 sq ft
- Full payment on purchase
- Handed over
- Developer
- MAG Property Development
- Area
- Business Bay
- Status
- Ready
- Ownership
- Freehold
Handover date
MAG 318 Apartments has been handed over: homes here are built and ready to move into, so a purchase is a resale rather than off-plan.
Payment plan
- Down payment
- 100%
100% Down Payment (On Booking Date)
Unit types
| Type | Bedrooms | Size (sqft) |
|---|---|---|
| Apartment | Studio | from 431 |
| Apartment | 1 bed | — |
| Apartment | 2 bed | up to 2,315 |
Rendr score
65of 100 · Good
Based on 6 of 7 factors, 95% of the weight, as of 16 Sep 2026. Not ranked: the ranking lists only published projects still on sale. Our opinion, not investment advice.
Confidence: low — the price figure is our estimate from the starting price and the smallest home, not a registered or stated price.
Every factor, its weight and the data behind it are listed below. The formula is public: how the Rendr score works. A figure you believe is wrong can be checked: write to alexk.dxb02@gmail.com with the source.
How it was scored
Unlock the full breakdown
Every factor, the data behind it, and how the score has changed.
Price per sqft vs registered sales
AED 1,937/sqft (est.)
The DLD median for apartments in Business Bay is AED 2,571/sqft (as of 15 Sep 2026). This project's figure is our estimate from the starting price and the smallest unit, so it is not compared: the gap appears once the register shows this project's own sales or the developer states a price per sqft.
Amenities
- Beach Access
- Dining Outlets
- Gymnasium
- Health Care Centre
- Kids Play Area
- Parks and Leisure Areas
- Restaurants
- Supermarket
- Swimming Pool
Location
Mixed-use towers along the Dubai Canal, immediately south of Downtown.
DLD registration status
We do not yet hold a DLD project registration number for MAG 318 Apartments.
- Escrow account
- Not published yet
- DLD project registration
- Not published yet
- Developer licence
- Not published yet
- Brochure
- Not published yet
- Figures from
- tanamiproperties.com (tanamiproperties.com/Projects/MAG-318-Apartments), saved 2026-09-16
- Last verified
- Not published yet
An escrow account is a regulated account the developer cannot draw on freely: your payments go in and are released as building progresses. Escrow accounts and project registrations are published by the Dubai Land Department (DLD) on dubailand.gov.ae. Always check them, and pay into the escrow account only, before handing over a deposit. How to read the DLD register.
Changes
Listed on the site
Source: tanamiproperties.com (tanamiproperties.com/Projects/MAG-318-Apartments), saved 2026-09-16
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MAG 318 Apartments: questions buyers ask
- How much does MAG 318 Apartments cost?
- Prices at MAG 318 Apartments start from AED 835,000 (about $227K) for studios, 1-bedroom and 2-bedroom homes. Asking prices come from the developer and change without notice.
- What is the price per sqft at MAG 318 Apartments?
- The asking price is around AED 1,937 per sqft, our estimate from the starting price and the unit sizes rather than a figure the developer has stated. Per-sqft prices vary by floor, view and finish within one building.
- When is the MAG 318 Apartments handover date?
- MAG 318 Apartments is built and handed over, so a home bought here is ready to occupy rather than off-plan.
- What is the MAG 318 Apartments payment plan?
- MAG 318 Apartments is offered on a 100/0/0 plan: 100% on booking, 0% during construction and 0% at handover. Developers change plans between phases, so confirm yours before signing.
- Who is the developer of MAG 318 Apartments?
- MAG 318 Apartments is being developed by MAG Property Development. It sits in Business Bay, Dubai. You can see every project by MAG Property Development we list, and how their asking prices compare with registered sales, on their page.
- Can foreigners buy at MAG 318 Apartments?
- MAG 318 Apartments is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Dubai sets which zones are freehold; confirm the title type on your own unit's contract before paying.
- Is MAG 318 Apartments registered with DLD?
- We do not yet hold a project registration number for MAG 318 Apartments. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dubailand.gov.ae before you pay.