AED 1,938,000

A well-presented one-bedroom apartment in MAG 318, situated in the heart of Business Bay. The unit is ready for immediate occupancy or rental, making it equally suitable for an end-user seeking a central Dubai address or an investor looking for a tenanted asset in one of the city’s most active corridors.

Unit Features:

– One-bedroom apartment
– 819 ft² / 76 m²
– Ready, vacant unit
– Business Bay location
– Investment-grade layout

Complex Amenities:

– Swimming pool
– Fully equipped gymnasium
– Lobby and concierge services
– Covered parking

Architecture & Concept:

MAG 318 is a residential tower designed around compact, efficient floor plans that maximise usable living space. The building follows a contemporary mid-rise format consistent with Business Bay’s urban character. Interior finishes reflect a clean, modern aesthetic suited to professionals and tenants alike.

About the Developer:

MAG Property Development is a long-established UAE developer with a track record spanning residential, hospitality, and mixed-use projects across Dubai and the wider region.

Location & Benefits:

– Business Bay, central Dubai
– Minutes to Downtown Dubai and Burj Khalifa
– Walking distance to Dubai Canal waterfront
– Close to Sheikh Zayed Road and Al Khail Road
– Metro connectivity via Business Bay station
– High-density employment and retail catchment

Investment Appeal:

– Strong rental demand from corporate and professional tenants
– Business Bay ranks among Dubai’s most liquid secondary markets
– Consistent capital value appreciation driven by limited land supply
– Competitive entry point relative to comparable stock in the district

Frequently Asked Questions:

Q: Is the unit currently vacant and ready to move in?
A: Yes, the apartment is ready and available for immediate occupation or leasing.

Q: What type of tenant does Business Bay typically attract?
A: The area draws professionals, executives, and corporate tenants due to its proximity to major business districts and transport links.

Q: Is MAG 318 freehold for all nationalities?
A: Yes, Business Bay is a designated freehold zone, allowing purchase by any nationality.

To find out more or arrange a viewing, please submit your enquiry using the form on this page.