MAG 318
in Dubai

Price / ft2
from ‍1 270 AED≈ $350
Address
18, Marasi Drive Street

Layouts and prices for MAG 318

Prices and availability are current from 24 September 2020
Studios431–455.48 ft2from ‍2 230 AED / ft2≈ $610from ‍961 130 AED≈ $261 950
1BRfrom 841.64 ft2from ‍1 776 AED / ft2≈ $480from ‍1 494 753 AED≈ $407 380
2BRfrom 2 362.05 ft2from ‍1 270 AED / ft2≈ $350from ‍2 999 804 AED≈ $817 570

MAG 318 on the map of Dubai

18, Marasi Drive Street

Development status

MAG 318
built
for sale
completed – 4 quarter 2020

Ways to buy an apartment in MAG 318

Escrow

Project #1891
Account NameMAG 318
DeveloperMAG PROPERTY DEVELOPMENT L.L.C
Registration Date18/05/2017 
Completion Date16/04/2020 
Escrow #0205027022405
Bank DetailsEMIRATES NBD BANK (P.J.S.C)

Payment Plan

Payment namePayment amountPayment date
Down Payment10%On Booking
Under Construction30%(3 payments of 10%)
Handover60%-
Post Handover--

Project attributes

About the building

🟧 Title TypeFreehold
🟧 Quality ClassificationHigh-end
🟧 Height ClassificationHigh-rise
🟧 Number of floors2B+G+3P+19+R
🟧 Security24 Hour Security
🟧 ParkingCovered Parking
🟧 AmenitiesRetail area, Restaurant, Balcony, Central A/C, Built in Wardrobes, Mix of retail, dining, leisure and entertainment amenities
🟧 Number of buildings1
🟧 OffplanNo
🟧 Property TypeApartment
🟧 Project №1891
🟧 Available ServicesReception service
🟧 Parking PlaceFor each unit
🟧 Sports FacilitiesGymnasium, Close proximity to cycling track in Meydan & Meraas
🟧 Swimming PoolLuxury outdoor pool

About the units

🟧 Number of units439
🟧 Apartment area435–976 sq ft
🟧 Fully furnishedNo
🟧 Maid's roomNo

Information about the project

MAG 318 is a new integrated and high-end residential tower in Downtown Dubai.

Location

Downtown is an elite area where bright impressions and the best opportunities for learning, work and leisure come together every day. The complex stands on the very bank of the canal, between Marasi Drive and Al Asayel Street. Public transport stops are within walking distance. The area is constantly full of life and everyone can find something for his or her liking.

What is around the complex?

  • Nurseries/ Education: Lingotot Training and Consultancy, Magnolia, Kids Castle, Blossom Downtown, Jumeirah International (within 1 km), Express English Language Training Center (3 min)
  • Shopping: Dubai Mall (18 min)
  • Medical Facilities: Dr. Deena Al Qedrah Medical Center (15 min)
  • Café/Restaurants: Levco Supermarket, Carrefour Market, Maison Café and Caribou Coffee (7 min)
  • Entertainment: Dubai Ice Rink (10 min)

Architecture

The building has 23 floors and the skyscraper towers on a trapezoid podium. The rectangular construction consists of glass and concrete. Windows, balconies, awnings and protective panels form a clear geometric pattern, at the base of which lie rectangular motifs. The roof of the building is embossed and consists of several sections of unequal height.

Indoors

On the ground floor, there is a spacious and elegantly decorated foyer and residents have access to concierge service. An adult and a children's pool are set up on the podium roof, surrounded by sun loungers. There are benches in the shade of trees, and a small fountain will refresh and please the eye. The complex is equipped with a gym, which is spacious, light and contains simulators for all muscle groups. Restaurants offer a variety of dishes, and shops within the complex will make shopping enjoyable. Security works around the clock.

Transport

  • Bus stop: F41, X22 (4 min)
  • Metro Line: Red Metro Line station (9 min)
  • Road Access: Dubai Fountain Street
  • Airport: Dubai International Airport (18 min)
  • Car Rental: Luxury Car Rental (5 min)
  • Others: DC1, DC2 ferries (4 min), El Mundo Dubai Catamaran boat rental service (15 min)

About the units

The apartments, from studios to 2-bedroom units, have high ceilings and panoramic windows. This fills the rooms with air and light, and the central air conditioning system sets a comfortable micro-climate. The kitchens have open layouts and filled with stylish and functional cabinets, refrigerators, cookers and dishwashers. The bright bathrooms contains the necessary plumbing and shelves for accessories. The fitted wardrobes match perfectly to the interior and accommodate all belongings. Large balconies allow inhabitants to comfortably enjoy the incredible views of the famous attractions of the city.

The developer

MAG Property Development was founded in 1978. The company operates throughout the entire MENA Region. During its existence, it has acquired more than 50 branches.

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This project is also called MAG 318 by MAG Lifestyle Development.

Which apartments are available for sale in MAG 318 in Dubai?

For sale are studios, 1br, 2br.

How much does a sq ft cost in MAG 318?

The price per sq ft in this complex starts from 1270 AED.

How to buy an apartment in MAG 318 in Dubai?

In this complex you can buy apartments with a Payment Plan.

When will MAG 318 be commissioned?

MAG 318 – built.