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Mag 318 Studio Apartment in Business Bay — Prime Investment Opportunity
A well-proportioned studio at MAG 318 offers a practical and comfortable base in one of Dubai’s most connected districts
The unit sits on a low floor, making it easy to access, and suits both end-users seeking a city-centre residence and investors looking for a tenant-ready asset in Business Bay.
Unit Features
– Studio apartment
– 441 ft² / 41 m²
– Low floor
– Business Bay, Dubai
Complex Amenities
– Residential tower setting
– Lobby and common areas
Architecture & Concept
MAG 318 is a contemporary residential tower designed to maximise space efficiency within a compact urban footprint. Clean lines and functional interiors define the building’s character, suited to modern city living.
About the Developer
MAG Property Development is an established UAE developer with a broad portfolio of residential and mixed-use projects across Dubai.
Location & Benefits
– Business Bay district, central Dubai
– Minutes to Downtown Dubai and Burj Khalifa
– Close to Dubai Mall
– Sheikh Zayed Road access
– Metro and public transport nearby
– Strong rental demand from professionals and corporate tenants
Investment Appeal
– High rental demand from business district workforce
– Liquid asset class in a sought-after postcode
– Consistent capital value growth in Business Bay
– Competitive entry point versus comparable Business Bay stock
– Studio format suits short-term and long-term rental strategies
Frequently Asked Questions
Q: Is the unit ready to move in or rent out immediately?
A: The unit is available for resale and can be occupied or leased upon transfer of ownership.
Q: What type of tenant typically rents in MAG 318?
A: Business Bay attracts working professionals, corporate staff, and short-term visitors, making studios here consistently in demand.
Q: Is Business Bay a freehold area?
A: Yes, Business Bay is a designated freehold zone, allowing full ownership by UAE nationals and foreign buyers alike.
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Property information
Apartment
Freehold
Building Information
MAG “Mag 318”
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