- Last listed fromper tanamiproperties.com, 16 Sep 2026
- AED 835K≈ $227K
- Buyers paid vs DLD median
- +27%
Price, payment plan and homes
Price per tanamiproperties.com, 16 Sep 2026- Last listed from
- AED 835K
- ≈ $227K
- Bedrooms
- Studio to 2 bed
- 431 – 2,315 sqft · 451 units
- Payment plan
- 100/0/0
- The plan it was sold on off-plan
- Handover
- Ready
DLD registered sales
- Sold from
- AED 907K
- · 26 sales, 12 months
- Since launch
- +29%
- · AED 1,799 to 2,317 per sqft, 2017 launch to today's resales · Dubai Land Department open data
Homes and floor plans
451 homes · Freehold- StudioApartmentfrom 431 sqftPaid AED 973K – 1.09MNot listed
- 1 bedApartmentNot listed
- 2 bedApartmentup to 2,315 sqftNot listed
Paid: middle half of each type's resales, Nov 2025–Aug 2026 · DLD
Payment plan
On AED 835K- 100% at bookingAED 835K
100% Down Payment (On Booking Date)
Location · Business Bay · Dubai
Mixed-use towers along the Dubai Canal, immediately south of Downtown.
The in-depth review
Why it scores 70
Price per sqft vs registered sales
Dubai Land Department open data · this project as of 2 Oct 2026, the area 4 Oct 2026+27% above what buyers paid nearby
27 finished sales, last 12 months
Finished sales, since 1 Jan 2026, 1,714 registered sales in the area
Our estimate from the listed prices and unit sizes
How this is measured
Buyers paid a median of AED 2,317/sqft in this project (finished sales, last 12 months, 27 registered sales, as of 2 Oct 2026) against the DLD median of AED 1,821/sqft for apartments in Business Bay, as of 4 Oct 2026. DLD registers every sale in Dubai, and names the project on each. Both figures are sales of finished homes: this project's against its area's. Asking from AED 1,937/sqft (est.). Source: Dubai Land Department open data.
How the 70 was scored
5 of 5 factors · 100% of the weight · 1 Nov 2026How each factor was measured
Each factor with what it was measured on. Its score and the reasoning are in the full breakdown.
- Price against what buyers actually paid
- 27 registered finished sales here, against the median of 1,714 finished sales in Business Bay · DLD
- Growth since launch
- 128 off-plan sales in its first year (from Nov 2017), 27 resales in the last 12 months: +29% · Dubai Land Department open data
- Developer track record
- Our rating, 15 delivered projects, how its 4 finished buildings resell and who stands behind it
- Location and infrastructure
- Our rating of Business Bay, and 5 kinds of places measured from the pin · OpenStreetMap
- How big the resale market is
- 1,714 resales of finished apartments in Business Bay this year · DLD
Confidence medium: what buyers paid here is a median of 27 registered sales, against 1,714 in the area; 27 is a small sample for one project.
74 → 70 20 Oct 2026, price factorScored since 26 Sep 2026 · 6 score changes
Not ranked: the ranking lists only projects still on sale.
The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.
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The full breakdown behind the 70
Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,626 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.
- The 27 registered sales here: date, size and price paid
- All 5 factor scores, with the figure and source behind each
- Score history since 26 Sep 2026 and why each move happened
See what buyers paid at MAG 318 Apartments, and everything behind the 70.
- Projects scored
- 1,626
- projects scored
- Factors
- 8
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Ready
Handed over
What this means
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.
DLD registration status
- Project registration1891
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from
Check it on dubailand.gov.ae. How to read the DLD register.
Figures from tanamiproperties.com, saved 16 Sep 2026. Construction figure from the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026. Launch date from the DLD's projects file (data.dubai, loaded 2026-06-15).
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.
- Developer
- MAG Property Development
- Area
- Business Bay
- Status
- Ready
- Sales launch
- 22 Oct 2017
- Total units
- 451
- Storeys
- 20
- Ownership
- Freehold
Amenities
- Dining Outlets
- Gymnasium
- Health Care Centre
- Kids Play Area
- Parks and Leisure Areas
- Restaurants
- Supermarket
- Swimming Pool
What’s nearby
straight-line distance- Supermarket or mall220 m
- Metro or tram stop490 m
- Hospital or clinic770 m
- Beach2.0 km
- School2.4 km
The nearest of each on OpenStreetMap, Sep 2026.
Rental yield nearby
gross, apartments6.4% in Business Bay. A median rent of AED 113 per sqft a year on 7,717 new tenancy contracts, last 6 months, against AED 1,775 per sqft paid across 1,027 finished sales, last 6 months.
Before service charges, fees and empty periods; our arithmetic on Dubai Land Department open data figures, Oct 2026. The working
More in Business Bay
Compare side by sideAll projects in Business Bay
MAG 318 Apartments: questions buyers ask
How much does MAG 318 Apartments cost?
MAG 318 Apartments was last listed from AED 835,000 (about $227K) for studios, 1-bedroom and 2-bedroom homes, per tanamiproperties.com on 16 Sep 2026.
What is the price per sqft at MAG 318 Apartments?
Buyers paid a median of AED 2,317 per sqft at MAG 318 Apartments (finished sales, last 12 months, 27 registered sales).
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.
Is MAG 318 Apartments priced above or below what buyers paid nearby?
Buyers paid a median of AED 2,317 per sqft in MAG 318 Apartments (finished sales, last 12 months, 27 registered sales), which is 27% above the median of AED 1,821 per sqft that buyers actually paid for apartments in Business Bay, across 1,714 sales registered with DLD.
How much have prices at MAG 318 Apartments grown since launch?
Registered sales put its launch-year price at a median AED 1,799 per sqft (128 sales from 2017) and its resales over the last 12 months at AED 2,317 per sqft (27 resales): +29%, about 2.9% a year, against 2.9% a year for comparable buildings launched the same year in Dubai. Source: Dubai Land Department open data; the arithmetic is ours.
What is the Rendr Resale Score of MAG 318 Apartments?
MAG 318 Apartments scores 70 of 100 on the Rendr Resale Score, good, as of 1 Nov 2026; 5 of its 5 factors are assessed, 100% of the weight.
What rental yield do apartments in Business Bay make?
About 6.4% gross for apartments in Business Bay, worked out from DLD's own figures: new tenancy contracts, last 6 months, against finished sales, last 6 months, before service charges and fees.
Who is the developer of MAG 318 Apartments?
MAG 318 Apartments was developed by MAG Property Development. It sits in Business Bay, Dubai.
Is MAG 318 Apartments registered with DLD?
MAG 318 Apartments is registered with the Dubai Land Department (DLD) under number 1891. Check it at dubailand.gov.ae before you pay.
Changes
Listed 16 Sep 2026 · 2 changes since, last 4 Oct 2026
Construction 100% complete
Source: the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026
Sales launch date set to 22 Oct 2017
Source: the DLD's projects file (data.dubai, loaded 2026-06-15)
Listed on the site
Source: tanamiproperties.com, saved 16 Sep 2026
Still weighing MAG 318 Apartments?
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