MAG 318 Apartments at Downtown Dubai

  Studio 1 & 2 Bedroom Apartments
Starting From AED 789,956 Only

AED 789,956 only

Studio/1/2 Bedroom

1,019.68 to 2,362.05 Sq.ft.

35/65

Q4 2019

10%

Project Overveiw

Mag 318 Downtown

A high-end residential tower, MAG 318 at Downtown Dubai is an upscale development by MAG Developers and comprises Studio, 1 & 2 bedroom units in Dubai, UAE. The project consists of 439 residential units will be completed by Q4 of 2019.

Situated within the Business Bay area, the modern and contemporary residential units come complete with state of the art Amenities. The upscale residential tower with 439 numbers of units overlooks the Dubai Water Canal and is set amongst lush green landscaped gardens.

This whole project is designed as an oasis and flanked by a mixture of luxury hotels, retail and fine-dining outlets do make way for an impressive lifestyle. Given its size and dimension, the development of completion will be one of the first residential developments to feature in this community.

If you consider the whole aspect of this development, the grand-entrance, as well as the interiors, are configured to present you with new age homes. Given the fact that each of the units gets ample parking space as well as balconies, it does imply that you are not likely to complain much.

One of the key highlights of having a home in a residential tower of this magnitude is – you are introduced to a whole new set of lifestyle, where you can finally claim to live the life of your dreams.

Project Highlights

  • High- end residential tower featuring sleek and modern apartment units
  • Overlooks Dubai Water Canal and provides stunning views of the landscaped gardens
  • Conveniently located in the heart of Dubai
  • Residential units with state of the art amenities
  • Nearby to luxury hotels, retail and fine-dining outlets
  • Attractive payment plan
  • Perfect opportunity for home buyers and investors

Feature & Amenities

Given the scope of this magnificent tower development, the range of amenities on offer is indeed one of a kind and this is something that will impress you the most. Everything included are configured to match your aspirations. All the elements are symmetrically assigned to ease your day to day rigours.

KEY FEATURES OF MAG 318

  • Located in Downtown Dubai
  • Fully Equipped Gym
  • World- Class Swimming Pool
  • Swimming pool view apartment
  • Health club and cafe
  • Balconies and parking spaces with every unit
  • Ample Parking Space

Location Map

With apartments offering impressive views of the iconic Burj Khalifa, MAG 318 located within Business Bay at Downtown Dubai gets a fabulous location. On account of its strategic location, the residential tower is in close vicinity of Dubai Mall and is minutes away from Downtown Dubai. Besides, being well linked, the development is also well- connected, which makes it one of the most desired destinations in recent times.

  • Strategically located only one minute from Downtown Dubai
  • 3 minutes to Dubai Water Canal
  • 4 minutes to The Dubai Mall
  • 12 minutes to Dubai International Airport
  • 20 minutes to The Palm
Mag 318 Location Map

Master Plan

The developer is presenting MAG 318 as a master-planned development and as such, it does boast of facilities that ensure you a comfortable life. As far as the apartment units are concerned, everything is embedded to present you with homes in close vicinity to leisure, hospitality, schools and entertainment venues.

Spanning over 55,000 Sqft, the development is home to both residential as well as commercial units.

Mag 318 Master Plan

Floor Plan

If you look at the Floor Plans for the Studio,1 & 2 bedroom apartment units, each of the residences exude certain charm and elegance. With sizes varying in the range of 455 Sqft to 2362.05 Sqft, you indeed end up with plenty of options to choose from. Moreover, the well-appointed interiors, as well as high-end fittings, enhance the overall appeal.

Payment Plan

Owing to the attractive Payment Plan, the Studio, 1 & 2 bedroom units in this development seems like a good option for both homeowners and buyers. Besides, the conventional down payment and equally flexible installments do present you with plenty of alternatives, which really make things easy for you.

Installment Payment (%) Brief Milestone
1st Payment 10% Down Payment Date of Purchase
Oqood Registration 4% DLD Registration fee Date of Purchase
2nd Payment 5% 2nd Installment After 3 months
3rd Payment 5% 3rd Installment After 3 months
4th Payment 5% 4th Installment After 3 months
5th Payment 5% 5th Installment After 3 months
6th Payment 5% 6th Installment After 3 months
Final Payment 65% Last Installment Handover