AED 1,250,000
Own this from just
5,141 AED/monthStudio
1 Bathroom
432 sqft / 40 sqm
APARTMENT FOR SALE IN MAG 318, BUSINESS BAYIntroducing a stylish and contemporary studio apartment in the prestigious MAG 318, perfectly situated in the heart of Business Bay with easy access to Dubai Mall. This fully furnished unit presents an excellent opportunity for investors or end-users seeking a vibrant urban lifestyle with strong rental appeal.
Property Details:
- Fully furnished studio with premium-quality furniture
- Modern kitchen fitted with high-end appliances
- Beautifully designed bathroom featuring elegant fixtures and finishes
- Contemporary interiors with floor-to-ceiling windows that flood the space with natural light
- Private balcony offering captivating city views
Building Amenities:
- Infinity Pool
- Fully Equipped Gym
- Sauna & Steam Room
- Children’s Play area
- Retail and Dining at Podium Level
- 24/7 Security & Concierge Service
- Walking Distance to Dubai Mall
MAG 318 is a stylish residential tower located in Dubai’s bustling Business Bay area. Developed by MAG Property Development, this 23-storey building was completed in January 2021. The apartments boast modern finishes and private balconies that offer impressive views of the Dubai Water Canal and Burj Khalifa. Thanks to its Airbnb-friendly policy and close proximity to major attractions, MAG 318 enjoys strong demand for short-term rentals and high occupancy rates. The development was awarded ‘Residential Project of the Year’ in 2019, recognizing its innovative design and high-quality living spaces.
For buying, selling, or renting, please contact RNR International Real Estate LLC
RERA ORN: 16084
Address: Office No. 104, Bldg. no.7, Bay Square, Business Bay, Dubai, UAE
Invest Smart, Live Smart l Award-Winning MAG 318
Property Details:
- Fully furnished studio with premium-quality furniture
- Modern kitchen fitted with high-end appliances
- Beautifully designed bathroom featuring elegant fixtures and finishes
- Contemporary interiors with floor-to-ceiling windows that flood the space with natural light
- Private balcony offering captivating city views
Building Amenities:
- Infinity Pool
- Fully Equipped Gym
- Sauna & Steam Room
- Children’s Play area
- Retail and Dining at Podium Level
- 24/7 Security & Concierge Service
- Walking Distance to Dubai Mall
MAG 318 is a stylish residential tower located in Dubai’s bustling Business Bay area. Developed by MAG Property Development, this 23-storey building was completed in January 2021. The apartments boast modern finishes and private balconies that offer impressive views of the Dubai Water Canal and Burj Khalifa. Thanks to its Airbnb-friendly policy and close proximity to major attractions, MAG 318 enjoys strong demand for short-term rentals and high occupancy rates. The development was awarded ‘Residential Project of the Year’ in 2019, recognizing its innovative design and high-quality living spaces.
For buying, selling, or renting, please contact RNR International Real Estate LLC
RERA ORN: 16084
Address: Office No. 104, Bldg. no.7, Bay Square, Business Bay, Dubai, UAE
Property details
Property Type
Apartment
Property Size
432 sqft / 40 sqm
Bedrooms
studio
Bathrooms
1
Service Charges
23.06 AED per sqft
Available from
5 Aug 2025
Amenities
Balcony
Shared Pool
Security
Covered Parking
Built in Wardrobes
Kitchen Appliances
View of Landmark
Shared Gym
Lobby in Building
Children's Play Area
Location
Price Insights
Transactions for Similar Properties
Studio Apartment in MAG 318
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 1 Aug 2025 | 1,100,000 | 433 |
| 31 Jul 2025 | 1,090,000 | 433 |
| 28 Jul 2025 | 1,075,000 | 441 |
| 7 Jul 2025 | 1,225,000 | 440 |
| 25 Jun 2025 | 1,100,000 | 446 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
| 1 Aug 2025 | 70,000 | 446 |
| 25 Jul 2025 | 71,000 | 440 |
| 23 Jul 2025 | 70,000 | 433 |
| 20 Jul 2025 | 70,000 | 441 |
| 8 Jul 2025 | 72,000 | 441 |
Powered byDataGuru
This property costs 10% more than the average price of studio bedroom in Business Bay
Average Sale Price is 1,131,487 AED
This property is 12% smaller than the average size of studio bedroom in Business Bay
Average size is 490 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Business Bay
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Response time
within 30 minutes
Experience
16 years
Closed Deals
19
Languages
English, Hindi, Spanish
Get the right mortgage for you
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Monthly payment
5,141 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
RNR-S-5011
Listed
1 day ago
Broker License
16084
Agency name
R N R INTERNATIONAL REAL ESTATE L.L.C
Zone name
Business Bay
DLD Permit Number:
71146644687
Agent License
43530
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5,141 AED /month
Fixed rates from: 3.75%
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