Mag 318 Studio Apartment in Business Bay — Move-In Ready Value

Situated in the heart of Business Bay, this compact studio at MAG 318 offers a practical entry point into one of Dubai’s most sought-after commercial and residential districts

The unit sits on a low floor, making it well suited to both first-time buyers and investors seeking a manageable, high-demand asset in a mature, liquid market.

Unit Features

– Studio apartment
– 441 ft² (41 m²)
– Low floor
– Business Bay location
– Residential tower unit

Complex Amenities

– Swimming pool
– Gymnasium
– Lobby and reception services
– Retail at podium level

Architecture & Concept

MAG 318 is a slender residential tower designed with clean contemporary lines and a compact footprint suited to urban living. Interiors are finished to a modern standard, prioritising efficient use of space. The building integrates residential amenities within a self-contained structure.

About the Developer

MAG Property Development is an established UAE developer with a broad portfolio spanning affordable to mid-market residential projects across Dubai.

Location & Benefits

– Business Bay, Dubai
– Minutes to Downtown Dubai and Burj Khalifa
– Direct access to Al Khail and Sheikh Zayed Road corridors
– Dubai Metro within short distance
– Strong tenant base from corporate and hospitality sectors
– Walkable to Canal promenade and retail

Investment Appeal

– Business Bay commands consistent short-term and long-term rental demand
– Studio units in this corridor attract corporate tenants year-round
– High resale liquidity due to affordable entry price relative to district
– Capital appreciation supported by ongoing infrastructure and supply discipline
– Competitive entry price versus comparable stock in Downtown Dubai adjacent zones

Frequently Asked Questions

Q: Is this unit ready to move in or lease immediately?
A: The unit is available for resale and can be occupied or tenanted upon transfer of ownership.

Q: What type of tenant typically rents studios in MAG 318?
A: The building attracts young professionals and corporate tenants given its proximity to Business Bay offices and transport links.

Q: Is Business Bay a freehold area?
A: Yes, Business Bay is a designated freehold zone, allowing purchase by all nationalities.

Enquire via the form on this page to receive full details and arrange a viewing.