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Project Summary

Project Name:

Mag 318


Location

Business Bay


Developer

Mag Property Development


Handover Date:

Construction Completed


Type:

Apartment


Bedroom(s):

1 Bedroom


Average Area:

842 SQFT


Average Price:

1460000


Price/Sqft:

1733.97 AED


Payment Plan

During Construction

35%

On Handover

65%

Post Handover

0%

Mag Property Development

Mag 318

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About the Project

MAG 318 is another arranged and top tier private apex in Downtown Dubai. The improvement will be spread over more than 55,000 Sq. Ft. of land and highlights 439 private units upgraded by a blend of retail, eating up redirection and beguilement excesses. MAG 318 is found 500 m from the Dubai Mall and will be the fundamental private movement finished inside the most extravagant district in Dubai.

  • Rich retail spaces
  • Channel front living
  • Burj Khalifa see lofts
  • The bleeding edge practice centre
  • World-class pool
  • Shows and parking spots for every unit
  • Phenomenal segment
  • Upscale internal parts

About Location

Business Bay is a central business area discovered other than Downtown Dubai, United Arab Emirates. The assignment incorporates different elevated structures arranged in a domain where Dubai Creek has been burrowed and expanded. Business Bay will have as much as 240 structures, containing business and private developments.The entire headway covers a domain of 46,900,000 sq ft (4,360,000 m2), and the gross leasable zone is 78,500,000 sq ft (7,290,000 m2). The foreseen people of the entire improvement is more than 191,000, and the assessed masses of organizations and others is 110,000, making the hard and fast people more than 300,000. In Dubai Business Bay is known to be a mixed-use neighbourhood with private and business districts and is home to a couple of first-class lodgings recalling the past tallest hotel for the world JW Marriott Marquis. Business Bay is similarly solidly arranged to the exceptional structure objective, Dubai Design District and likely the most settled hotspot, Jumeirah. Celebrated off-plan systems to place assets into Business Bay fuse Reva Residences by Damac, Binghatti Star by Binghatti Developers and Vera Residences by Damac.

About the Developer

Mag Property developer established in 1978 and it is one of the largest corporations in the region, maintaining a prominent position of pioneering among its peers and leading. It is a master developer based in Dubai, UAE. Their portfolio currently includes real estate, contracting & engineering, Industrial & Commercial trading, hospitality and freight services. Client satisfaction and ensuring high-quality work are an important objective of the group. Together, all these factors contribute to expanding the Group’s horizons its drive force. With current project estimates over US$ 1 Billion, MAG Property Development is one of the brand names in the region’s real estate industry in Dubai. Some iconic projects by Mag Property Developer are MAG 318 in Business Bay, MAG 5 in Dubai South, and MAG Eye townhouse in MAG eye

 


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