AED149,999/year
2 Bedrooms
2 Bathrooms
966 sqft / 90 sqm
APARTMENT FOR RENT IN MAG 318, BUSINESS BAYRoyal Place Real Estate is proudly presents this elegant studio apartment in MAG 318, a premier residential tower in Business Bay, Dubai. This modern high-rise stands out for its distinctive architecture, vibrant surroundings, and prime urban location.
Pictures is just for illustration .
Property Highlight:
- 2 bedrooms
- 2 bathrooms
- fully furnished
Project Overview & Developer Insight
MAG 318 is a 23-storey residential tower developed by MAG Property Development (MAG Group) and completed in 2021. Designed by the award-winning Mimar Emirates Engineering Consultants, the project was recognized as the “Residential Project of the Year” in 2019, praised for its innovative and modern design.
Perfectly positioned in Business Bay, one of Dubai’s most dynamic mixed-use districts, MAG 318 offers direct access to iconic destinations such as the Dubai Water Canal, Dubai Mall, and Burj Khalifa. According to MAG, this development represents a new standard of upscale urban living in the heart of the city.
Location Highlights & Connectivity
Neighborhood: Business Bay – adjacent to Downtown Dubai
Main Roads: Seamless access to Sheikh Zayed Road and Al Khail Road
Commute Times:
~10 minutes to Dubai Marina and Palm Jumeirah
Quick access to Downtown Dubai and key commercial hubs
Metro Access:
A short walk to Business Bay and Burj Khalifa/Dubai Mall metro stations
Nearby Amenities:
Carrefour supermarket directly across the street
Minutes from Spinneys, cafes, nurseries, schools, and healthcare facilities
With its central location, MAG 318 offers residents the perfect mix of lifestyle, convenience, and connectivity.
Tower Specifications & Design Features
Total Floors: 23
Residential Units: Approx. 438–439 apartments
Unit Types: Studio, 1-bedroom, and 2-be
Spacious | Prime Location | Furnished
Pictures is just for illustration .
Property Highlight:
- 2 bedrooms
- 2 bathrooms
- fully furnished
Project Overview & Developer Insight
MAG 318 is a 23-storey residential tower developed by MAG Property Development (MAG Group) and completed in 2021. Designed by the award-winning Mimar Emirates Engineering Consultants, the project was recognized as the “Residential Project of the Year” in 2019, praised for its innovative and modern design.
Perfectly positioned in Business Bay, one of Dubai’s most dynamic mixed-use districts, MAG 318 offers direct access to iconic destinations such as the Dubai Water Canal, Dubai Mall, and Burj Khalifa. According to MAG, this development represents a new standard of upscale urban living in the heart of the city.
Location Highlights & Connectivity
Neighborhood: Business Bay – adjacent to Downtown Dubai
Main Roads: Seamless access to Sheikh Zayed Road and Al Khail Road
Commute Times:
~10 minutes to Dubai Marina and Palm Jumeirah
Quick access to Downtown Dubai and key commercial hubs
Metro Access:
A short walk to Business Bay and Burj Khalifa/Dubai Mall metro stations
Nearby Amenities:
Carrefour supermarket directly across the street
Minutes from Spinneys, cafes, nurseries, schools, and healthcare facilities
With its central location, MAG 318 offers residents the perfect mix of lifestyle, convenience, and connectivity.
Tower Specifications & Design Features
Total Floors: 23
Residential Units: Approx. 438–439 apartments
Unit Types: Studio, 1-bedroom, and 2-be
Property details
Property Type
Apartment
Property Size
966 sqft / 90 sqm
Bedrooms
2
Bathrooms
2
Available from
22 Dec 2025
Amenities
Furnished
Balcony
Barbecue Area
Central A/C
Kitchen Appliances
Pets Allowed
Security
Shared Pool
Shared Gym
Shared Spa
Location
Price Insights
Transactions for Similar Properties
2 Beds Apartment in MAG 318
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 29 Aug 2025 | 2,250,000 | 1,043 |
| 28 Aug 2025 | 2,150,000 | 966 |
| 21 Jul 2025 | 2,255,000 | 966 |
| 11 Apr 2025 | 2,050,000 | 966 |
| 18 Mar 2025 | 2,000,000 | 1,043 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
| 19 Jan 2026 | 160,000 | 965 |
| 12 Jan 2026 | 155,000 | 1,045 |
| 11 Jan 2026 | 147,000 | 966 |
| 29 Dec 2025 | 150,000 | 1,043 |
| 13 Dec 2025 | 145,000 | 1,043 |
Powered byDataGuru
This property costs 11% less than the average price of 2 bedroom in Business Bay
Average Rent is 168,036 AED
This property is 30% smaller than the average size of 2 bedroom in Business Bay
Average size is 1,381 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Business Bay
Provided by
Response time
within 5 minutes
Experience
5 years
Closed Deals
10
Languages
English, Urdu
Regulatory information
Regulatory information
Reference
RA-R-MAG-114
Listed
1 month ago
Broker License
31139
Agency name
ROYAL PLACE REAL ESTATE L.L.C S.O.C
Zone name
Business Bay
DLD Permit Number:
71146624571
Agent License
86055
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