Apartments · Downtown Dubai
MAG 318 in Downtown Dubai by MAG
by MAG Group · Downtown Dubai
MAG 318 by MAG Property Development is a high rise tower in Downtown Dubai comprising of luxury apartments. The MAG 318 project is situated in walking distance to the Dubai Mall offering excellent views of The Burj Khalifa. MAG 318 is located in the…
Listed 21 Mar 2025
Off-plan- Starting price
- AED 740
- Payment plan
- 5/5
- Handover
- 2019
- Bedrooms
- 1, 2, Studio
- Property type
- Apartments
Source: developer listing, last verified .
DLD verification pendingOverview
About MAG 318 in Downtown Dubai by MAG
MAG 318 by MAG Property Development is a high rise tower in Downtown Dubai comprising of luxury apartments. The MAG 318 project is situated in walking distance to the Dubai Mall offering excellent views of The Burj Khalifa. MAG 318 is located in the heart of the city in Downtown Dubai consisting of 438 residential units including studios, 1 & 2 bedroom luxury apartments. Conveniently located close to the Dubai metro, the worlds largest shopping mall is just minutes away. Enjoy the true city life surrounded by a mix of luxury hotels, commercial and residential building, world-class shopping, leisure, and entertainment, all set among landscaped gardens, and sparkling canals.
Highlights
Why buyers look at this project
- Retail and dining, leisure and entertainment amenities, Balconies & parking spaces, Extensive landscaping & outdoor leisure spaces, Cycling track in Meydan & Meraas, Multiple entry & exit routes to main highways
Details
Project details
- Starting Price
- AED 740
- Payment Plan
- 5/5
- Property Types
- Apartments
- Developer
- MAG Group
- Handover
- 2019
- Bedrooms
- 1, 2, Studio
- Location
- Downtown Dubai
- Status
- Off-plan
Gallery
Renders and views
Developer renders and photos as published. Drag or swipe for more.
Payment plan
How the price is paid
5/5
Step 1
During Construction
5%
5% of total price
Step 2
On Handover
5%
5% of total price
The published steps cover 10% of the price; the developer confirms the full schedule, including any post-handover instalments, at booking.
Post-handover payment plans may be available. Contact our specialists for customized financing options.
Amounts are indicative, calculated on the published starting price. The 4% DLD registration fee and admin fees are extra.
Unit types
Units and floor plans
Floor plans are sent on request, with current availability and the exact price list.
Unit mix: 1, 2, Studio · Apartments
Request floor plansClose
Location
Downtown Dubai and connectivity
MAG 318 in Downtown Dubai by MAG is located in Downtown Dubai, Dubai.
About the area
Downtown Dubai
33 projects listed in Downtown Dubai
Downtown Dubai is where the city puts its most iconic landmarks on display. Home to the Burj Khalifa, Dubai Mall, and Dubai Fountain, the neighbourhood is one of the most recognised and visited destinations in the world. Beyond the major attractions, however, Downtown Dubai is…
All projects in Downtown DubaiInvestment
Investment outlook
This off-plan project presents strong investment potential across the UAE, with projected rental yields of 6–8%, long-term capital appreciation, and growing demand from both residents and international investors.
- Projected Rental Yield
- 6–8%
- Potential Capital Appreciation
- 10–15%
- Golden Visa Eligibility Potential
- AED 2M+
- UAE off-plan properties continue to attract strong local and international investor demand.
- Selected communities may offer rental yields of around 6–8%, depending on location and unit type.
- Buyers may benefit from 10–15% potential price growth by handover in high-demand areas.
- Properties from AED 2 million may qualify for UAE Golden Visa eligibility, subject to regulations.
General Dubai market context as published in the developer’s marketing, not a project-specific forecast. Yields depend on the unit, the purchase price and the rent achieved.
Financing
Financing options
- Low Down Payment
- Developer Payment Plans
- Post-Handover Plans
- Mortgage Assistance
- Interest-Free Installments
- Resident & Non-Resident Financing
Developer plans are interest-free by design; bank mortgages for off-plan are usually available from a set construction stage. Our experts can introduce mortgage advisors for residents and non-residents.
About the developer
MAG Group
8 projects listed
Founded in 1978, MAG Group Holding is one of the UAE's leading multinational conglomerates with interests spanning real estate, engineering, logistics, hospitality, and commercial sectors. Through MAG Lifestyle Development, the group has delivered residential communities, wellness-focused destinations, and premium mixed-use developments. MAG developments continue to shape urban living with quality,…
All projects by MAG GroupFAQ
Questions buyers ask
What is off-plan property in Dubai?
Off-plan property is a unit purchased directly from the developer before or during construction, typically at a lower entry price and with flexible, milestone-based payment plans.
Can foreigners buy property in Dubai?
Yes. Foreign nationals can buy freehold property with 100% ownership in Dubai's designated freehold areas, with no residency requirement.
What is a payment plan and how does it work?
A payment plan splits the property price into instalments — usually a down payment on booking, staged payments during construction, and a final amount on handover.
What is the UAE Golden Visa and how can real estate qualify?
The Golden Visa is a long-term, renewable UAE residency (up to 10 years). A property investment of AED 2 million or more typically qualifies the owner to apply.
How do I get a mortgage for a Dubai property?
Both residents and non-residents can obtain mortgages from UAE banks, generally financing 50–80% of the value depending on status. Our team can connect you with mortgage advisors.
What is the expected ROI from Dubai off-plan property?
Dubai off-plan typically delivers strong returns — rental yields of around 6–8% plus notable capital appreciation by handover, varying by location and project.
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Enquire
Ask about MAG 318 in Downtown Dubai by MAG
Brochure, floor plans, current availability and the exact price list, sent by a real estate expert who answers. Starting price AED 740, 5/5 plan, handover 2019.
Price on request
5/5 plan · 2019