MAG 318 in Downtown Dubai by MAG
by MAG Group
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…
Project Overview
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.
Project Highlights
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
Project Details
Gallery
Payment Plan
About 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…
Visit Downtown Dubai PageInvestment Potential
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.
Market Context
- 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.
Flexible Financing Options
- Low Down Payment
- Developer Payment Plans
- Post-Handover Plans
- Mortgage Assistance
- Interest-Free Installments
- Resident & Non-Resident Financing
About the Developer
MAG Group
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,…
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Frequently Asked Questions
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.
No. Our service is completely free for buyers — we are compensated by the developer. You only pay the standard property costs, such as the 4% DLD registration fee.
Yes. Foreign nationals can buy freehold property with 100% ownership in Dubai's designated freehold areas, with no residency requirement.
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.
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.
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.
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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