MAG 318

Key information

Building age:

6 Years

Floor:

25

Length of stay:

Short term: 1.86%

Long term: 98.14%

Renewal rate:

Avg. 31.32%

Rental yield:

Avg. 7.6%

Location

Nearest points of interest

Restaurants
The Kana Café
129 m
Sizzling Grill
163 m
Abu Jbara
186 m
La Maison
286 m
Poke And Co
327 m
Groceries
ADNOC Oasis
77 m
New Way Grocery
103 m
Sahar Al Fajar Supermarket
214 m
View City Mini Mart
477 m
Choithrams
535 m
Schools
Hartland International School
2.6 km
Salma Al-Ansariah School - Cycle 1
2.7 km
Citizens School
2.8 km
North London Collegiate School Dubai
2.9 km
Sheikh Rashid Bin Saied Isamic Institue
3 km
Hospitals
Empire Dental Clinic
191 m
Elite Style Polyclinic
534 m
Bay Square Ladies Massage And Relaxation Center
653 m
Amana Home Health Care Center
790 m
Excellency Physiotherapy Center
794 m
Religious
Ahel Al Sunnah Mosque (625)
1.2 km
Bay avenue mousq
2.5 km
Rashid bin Bakhit Mosque
2.6 km
Dubai Mall Mosque
2.7 km
Al Quoz Cemetery Mosque
2.8 km

Average prices

Average price of properties rented in MAG 318 in the last 12 months
TypeAvg. Price (AED/ year)
Studio77,000
1 Bedroom127,000
2 Bedrooms151,000

The data displayed is based on Property Finder’s last 12 months listing data.

Recent rental transactions

DateRented Price (AED/Year)Contract StatusProperty TypeBedroomsSize (sqft)
20 May 2026 - 19 May 2027120,000
New
Apartment2 Beds966.81
20 Apr 2026 - 19 Apr 202795,000
Renewed
Apartment1 Bed819.03
1 May 2026 - 30 Apr 202780,000
New
ApartmentStudio439.81
1 Jun 2026 - 31 May 202760,000
New
ApartmentStudio440.03
20 May 2026 - 19 May 202772,000
Renewed
ApartmentStudio432.92
25 May 2026 - 24 May 202760,000
New
ApartmentStudio441.86
11 May 2026 - 10 May 2027166,000
New
Apartment2 Beds966.81
25 May 2026 - 24 May 202760,000
New
ApartmentStudio439.81
29 May 2026 - 28 May 2027126,000
Renewed
Apartment2 Beds966.06
12 May 2026 - 11 Jan 202753,626
Renewed
ApartmentStudio444.12

*The data displayed is based on information gathered from DLD of residential transactions, following a thorough cleanup to exclude any outliers. Therefore, the displayed values may differ from those available on the DLD website.

Nearby prices

Average price of a 1 bedroom apartment nearest to MAG 318
ART XIVNoor TowerThe SterlingEastThe SterlingWestMAG 31860K80K100K120K140K160K180K200K

The data displayed is based on average prices and sizes of 1 bedroom apartment rented in the last 3 months.

New Properties in MAG 318

See all
  • Plus Study Room | Fully Furnished | Higher Floor

    Apartment

    94,999 AED/year

    MAG 318, Business Bay, Dubai

    1

    1

    819 sqft

  • Luxury 1BR | Furnished | MAG 318 Rent

    Apartment

    100,000 AED/year

    MAG 318, Business Bay, Dubai

    1

    1

    819 sqft

  • Branded | Prime Location | Ready To Move

    Apartment

    100,000 AED/year

    MAG 318, Business Bay, Dubai

    1

    2

    819 sqft

What Residents say about MAG 318

Be the first to review MAG 318

Ratings review
2.8
A
Abhi S.

I’ve spent a fair amount of time around Business Bay and it’s one of those areas that looks exactly how you’d expect Dubai to look - sleek, central, and always a bit on the go. Location-wise, it’s hard to fault. You’re minutes from everything includes the likes of Downtown, DIFC, Sheikh Zayed Road, and almost next door to The Dubai Mall, which is obviously one of the biggest highlights of the city. Getting around is pretty seamless overall, and public transport is a big plus here: metros, buses, and cabs are all easily available, so you’re not fully reliant on a car. What’s interesting about Business Bay is that while it’s very work-driven, it’s also quite residential, so you get a mix of both. There are loads of cafés, gyms, and restaurants, and the canal side is genuinely a highlight, especially in the cooler months when it’s great for a walk or even cycling. That said, it can feel a little… transactional. A lot of people are there for work, so it doesn’t always have that strong “community” vibe. Traffic can also be a bit chaotic during peak hours, and depending on the building, quality really varies; some are great, others not so much. Overall, it works really well if you want convenience, connectivity, and that polished city feel, with the added bonus of actually being able to live there and not just work there.

1.8
S
Samson P.

Business Bay Peak hour traffic is really a challenge to get out of business bay, the metro is always crowded, for families and bachelors its ideal for being the middle of the city and burj views

3.0
R
Rishab B.

Business Bay is Dubai’s thriving commercial and mixed-use hub, offering a dynamic environment for both work and lifestyle. Known for its modern skyline, it is home to numerous offices, corporate headquarters, and business centers, making it one of the city’s prime destinations for professionals and entrepreneurs. The community also features high-rise residential towers, stylish apartments, and waterfront promenades along the Dubai Canal, creating a live-work-play environment. Residents enjoy a variety of dining, retail, and leisure options, with easy access to Downtown Dubai, Burj Khalifa, and other key areas. Connectivity is excellent, with major roads and metro access ensuring smooth commuting. However, as a central business district, the area can experience traffic congestion during peak hours, and rental rates tend to be on the higher side. Overall, Business Bay is ideal for those seeking a modern, urban lifestyle in close proximity to Dubai’s commercial and entertainment core.

3.4
A
Ajmal S.

One of the most central and vibrant locations of Dubai - mix of commercial and residential buildings. Plenty of restaurants, cafes and hotels - giving an ideal city vibe plus very close proximity to Downtown Dubai and Burj Khalifa! The Dubai Canal within the area is great for evening walks. The parking and traffic can get bit intense especially during peak hours. Getting around Business Bay is not always the easiest - buses are the ideal option for public transport rather than the metro as the buildings are spread out.

5.0
H
Huda N.

Amazing

Building Score breakdown

How do residents score buildings in the following categories?

4.1
Maintenance
5.0
Staff / Security
5.0
Gym / Pool
5.0
Child friendly
3.0
Peace and quiet
3.0
Traffic accessibility
3.0
Guest parking
5.0