MAG 318
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About
— about this propertyMAG 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
- Community guide estimate
- AED 55k–160k/yr
- Listed amenities
- 10
- Photos
- 5
- Coordinates
- Mapped
- On Lived since
- Aug 2025
Features
— amenities & featuresReviews
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Frequently asked
— about MAG 318Is MAG 318 a good place to rent in Business Bay?
Community guide context for 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. These are area estimates, not verified asking prices for MAG 318. For unit-by-unit experience at MAG 318 specifically, read published resident reviews on Lived once tenants start sharing reports.
What does the Business Bay community guide estimate for rent near MAG 318?
Community guide estimate for 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. This is area guidance, not a verified asking price for MAG 318.
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.