Why Invest at MAG 318?
- Considering the proximity to Downtown neighbourhood, the property is in a much more desired location than its Business Bay competitors.
- Downtown Dubai and Business Bay are ranked 2nd and 3rd respectively among the off-plan apartment transactions.
- Business Bay is the ‘central business district’ comprising of commercial (19%), mixed-use (59%) and residential (22%) developments along the Dubai Water Canal.
- Downtown Dubai is home to some of the city's largest landmarks including Burj Khalifa, Dubai Mall and Dubai Fountain. The location is also known for Souq Al Bahar and Emaar Boulevard.
- Rent performance: Both Downtown Dubai and Business Bay were among the top 5 highest-annual-rent locations. Downtown Dubai was 2nd and Business Bay stood at 5th.
- Price performance: Although the overall property prices have declined, Downtown Dubai and Business Bay are still among the top 10 expensive destinations. Downtown Dubai is the most expensive and Business Bay ranks 7th. The proximity to Downtown Dubai therefore helps MAG 318 to command an advantage.
MAG 318 is a new integrated and high-end residential tower in Downtown Dubai. The development will be spread over more than 55,000 Sq. Ft. of land and features 439 residential units complemented by a mix of retail, dining, leisure and entertainment amenities. MAG 318 is located 500 m from the Dubai Mall and will be the first residential development completed within the most luxurious area in Dubai.
- Elegant retail spaces
- Canal front living
- Burj Khalifa view apartments
- State-of-the-art gym
- World-class swimming pool
- Balconies and parking spaces for each unit
- Grand entrance
- Upscale interiors