Mag 318 Studio Apartment in Business Bay — Sought-After Address

Situated in the heart of Business Bay, MAG 318 is a well-regarded residential tower that places residents within one of Dubai’s most active and connected urban districts

This mid-floor studio offers a pool view and suits owner-occupiers seeking a compact city base as well as investors targeting the short- and long-term rental market.

The unit is ready for occupancy and represents a practical entry point into a district where available resale inventory at this size remains limited.

Unit Features

– Studio apartment
– 441 ft² (41 m²)
– Mid-floor position
– Pool view
– Resale, ready to occupy

Complex Amenities

– Swimming pool
– Fitness facilities
– Covered parking
– Lobby with concierge services
– Retail at podium level

Architecture & Concept

MAG 318 is a modern high-rise development designed around efficient use of space and clean contemporary finishes. The building’s layout prioritises natural light and open aspects for its smaller unit types. Common areas are finished to a standard consistent with Business Bay’s broader residential offer.

About the Developer

MAG Property Development is an established UAE developer with a portfolio spanning residential, commercial, and hospitality assets across Dubai.

Location & Benefits

– Business Bay district, Dubai
– Minutes to Downtown Dubai and Burj Khalifa
– Direct access to Sheikh Zayed Road and Al Khail Road
– Dubai Canal waterfront walkable from the tower
– Business Bay Metro Station nearby
– Strong corporate and tourism rental demand in the immediate area

Investment Appeal

– High rental demand from professionals and short-stay tenants in Business Bay
– Studio units in this district show consistent occupancy rates
– Limited resale stock at this floor area keeps liquidity strong
– Entry-level ticket size relative to comparable Business Bay towers
– Area earmarked for continued infrastructure and commercial growth

Frequently Asked Questions

Q: Is the unit currently tenanted or vacant?
A: Please enquire directly for the current occupancy status, which can be confirmed by the listing agent.

Q: What is the service charge rate for MAG 318?
A: Service charge figures are available on request and can be verified through the RERA index prior to purchase.

Q: Can the unit be used for short-term rental?
A: Business Bay permits short-term rental operations subject to DTCM registration; the building’s specific rules should be confirmed before proceeding.

Reach out through the enquiry form on this page to request further details, arrange a viewing, or obtain the full unit documentation.