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MAG 318 is a completed apartment development by MAG PROPERTY DEVELOPMENT L.L.C in Business Bay, comprising 451 registered units. 640 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,221 per sqft. At AED 2,221 per sqft, MAG 318 prices 9% below the Business Bay average of AED 2,449 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 432 – 3,180 sqft | 451 | 1.26M | 2,221 | ↓10.3% | 81K | 6.4% | |
| Residential | |||||||
Studio · Apartment 432 – 446 sqft | 316 | ||||||
1 Bed · Apartment 819 – 1,563 sqft | 48 | ||||||
2 Bed · Apartment 966 – 2,076 sqft | 75 | ||||||
Apartment (Bedrooms Unknown) — | — | — | — | — | — | — | — |
| Commercial | |||||||
Shop 1,350 – 3,180 sqft | 12 | — | |||||
Price per sqft has fallen -10.3% over the last 12 months, to AED 2,221, across 640 registered sales.
| Date | Size | Price | PSF | Unit Type | Type |
|---|---|---|---|---|---|
| 27 Jul 2026 | 982 | 1,732,516 | 1,764 | Standard | Standard Sale |
| 21 Jul 2026 | 441 | 850,000 | 1,927 | Entry Level | Standard Sale |
| 20 Jul 2026 | 432 | 1,000,000 | 2,317 | Standard | Standard Sale |
| Start Date | Size | Rent / Yr | Rent PSF | Unit Type | Type |
|---|---|---|---|---|---|
| 1 Aug 2026 | 819 | 90,000 | 110 | Entry Level | new |
| 1 Aug 2026 | 441 | 55,000 | 125 | Entry Level | new |
| 1 Aug 2026 | 441 | 60,000 | 136 | Entry Level | new |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Business Bay
The closest-priced registered projects in Business Bay.
- Urban LifeAED 2,231/sqft
- Trillionaire Residences by BinghattiAED 2,205/sqft
- Luxury Family Residence 2AED 2,240/sqft
- Citadel TowerAED 2,274/sqft
- Urban OasisAED 2,286/sqft
- One by BinghattiAED 2,296/sqft
Common questions about MAG 318
Answered from Dubai Land Department registered transactions.
How much does a property in MAG 318 cost?
Property in MAG 318 sells at a current PIX© price of AED 2,221 per sqft, or about AED 1,264,474 for a typical unit, based on 640 sales registered with the Dubai Land Department.
Is MAG 318 completed?
Yes. MAG 318 is recorded as completed in the Dubai Land Department project register (completed q4 2020).
Who is the developer of MAG 318?
MAG 318 is developed by MAG PROPERTY DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in MAG 318?
MAG 318 yields 6.4% gross, calculated from current PIX© rent against current PIX© sale price, across 1,543 registered Ejari contracts.
How many units are in MAG 318?
MAG 318 holds 451 registered units, per the Dubai Land Department unit register.
Have prices in MAG 318 gone up or down?
Price per sqft has fallen -10.3% over the last 12 months, to AED 2,221, across 640 registered sales.