Mag 318 Studio Apartment in Business Bay — High-Demand Rental Location

Investors and owner-occupiers seeking a compact, well-positioned residence in one of Dubai’s most active commercial and residential districts will find this studio apartment at MAG 318, Business Bay, a straightforward acquisition

The unit sits on a mid floor with a pool view, offering a practical living space within a completed development that draws consistent rental demand year-round.

Unit Features

– Studio apartment
– 441 ft² (41 m²)
– Mid-floor position
– Pool view
– Unfurnished (confirm with agent)
– Business Bay address

Complex Amenities

– Swimming pool
– Fitness facilities
– Lobby reception
– Covered parking
– Building security

Architecture & Concept

MAG 318 is a residential tower designed to maximise space efficiency within a compact urban footprint. The building reflects a contemporary aesthetic suited to the Business Bay skyline. Interior layouts prioritise functional living areas with clean lines and practical finishes.

About the Developer

MAG Property Development is an established UAE developer with a portfolio spanning residential and mixed-use projects across Dubai.

Location & Benefits

– Business Bay central district
– Minutes to Downtown Dubai and Burj Khalifa
– Direct access to Sheikh Zayed Road
– Business Bay Metro Station nearby
– Dubai Mall reachable within five minutes by car
– Canal-side dining and retail within walking distance
– High walkability for professionals working locally

Investment Appeal

– Strong rental demand from corporate tenants and young professionals
– Business Bay among Dubai’s highest-volume transaction districts
– Studio units maintain consistent occupancy rates
– Liquid asset class with active secondary market
– Competitive entry point relative to comparable stock in the subdistrict
– Proximity to free zones and commercial hubs supports long-term value

Frequently Asked Questions

Q: Is the unit currently tenanted?
A: Tenancy status can be confirmed directly with the listing agent upon enquiry.

Q: What is the service charge rate for MAG 318?
A: Service charge details are available from the developer register and can be provided on request.

Q: Is the building freehold and eligible for a UAE residency visa?
A: MAG 318 is located in a freehold zone; visa eligibility depends on the purchase price threshold set by relevant authorities at the time of transaction.

Enquire through the form on this page to receive full details, arrange a viewing, or discuss next steps with the handling agent.