MAG 318
MAG 318 is a modern 23-storey residential tower by MAG Group, completed in 2021 in Business Bay, offering fully furnished studio, 1-, and 2-bedroom canal-front apartments (from approximately 440 to 2,362 sq ft) with balconies and panoramic Dubai Water Canal or Burj Khalifa views, complemented by premium amenities such as a temperature-controlled swimming pool, state-of-the-art gym, sauna, outdoor seating and café areas, children’s playground, 24-hour concierge and security with CCTV, as well as high-speed elevators and parking—all strategically located within walking distance of Metro, Carrefour, and just minutes from Downtown Dubai and Sheikh Zayed Road
- Type
- Tower
- Area
- Business Bay
- Community
- Business Bay
- Typical rent
- AED 55k–160k/yr
- Listed amenities
- 10
- Photos
- 5
- Coordinates
- Mapped
- On Lived since
- Aug 2025
Verified tenant reviews
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- Is MAG 318 a good place to rent in Business Bay?
- 1-bedrooms in Business Bay run AED 75,000–140,000/year in 2026. Studios from AED 55,000. District cooling is standard — add AED 5,000–12,000/year. Maintenance response times are a common complaint in reviews. For unit-by-unit experience at MAG 318 specifically, read verified tenant reviews on Lived once tenants start sharing reports.
- How much does it cost to rent at MAG 318 in Business Bay?
- Studios start around AED 55,000/year, 1-bedrooms range from AED 75,000–140,000, and 2-bedrooms from AED 110,000–200,000 in 2026. District cooling typically adds AED 5,000–12,000/year on top of rent.
- Is Business Bay a good place to live?
- For professionals working in central Dubai, yes — the RTA Metro extension improved connectivity significantly. The area is still maturing: new cafes and restaurants open regularly, but some blocks lack walkable amenities. Check the specific tower's Lived reviews.
- MAG 318: How is parking in Business Bay?
- Most towers include one allocated parking space. Visitor parking is limited and paid. If you have two cars, confirm the second parking situation before signing — some buildings charge AED 300–500/month for additional spaces.