Why Should You Buy MAG 318?
Mag 318, Dubai Properties is a residential development project launched by Mag Property Development in 2017 which is located at Sheikh Zayed Road, and Al Khail Road. Mag 318 is an integrated, residential plus commercial tower placed in the Business Bay, Downtown, Dubai.
Mag 318 is at a convenient location providing great accessibility from nearby places which makes this project unique. It is at a walking distance of 5 min to downtown Dubai, 8 min. walk to Dubai mall, 10 min. walk to Burj Khalifa and 15 min. walk to the metro station. The project provides its residents stunning views of Burj Khalifa and Dubai Canal.
Mag 318 has spread over an area of 55,000 sqft. This project is a high class high rise residential under construction project with 438 residential units at 23 floors. Mag 318, project features studio, one and two bedroom apartments for sale.316 studio apartments are available for sale with 436 sqft area while 47 one bedroom units with area range 827-900 sqft. And 75 two bedroom apartments with area range 1001-1008 sqft is available for sale.
These residential units are available at an affordable range of prices with starting price from AED 741,030 and AED 1704 as price per sqft. Mag 318 is scheduled to be handover by Q4, 2019.
|Installment||Percentage (%)||Milestone From Date of Sale|
|Fees (B) & Down Payment (C)||10%||Within 7 Days|
|Oqood Registration||4%||Within 7 Days|
|2nd Installment||5%||On or Before 01-Nov-2017 (PDC)|
|3rd Installment||5%||On or Before 01-Feb-2018 (PDC)|
|4th Installment||5%||On or Before 01-May-2018 (PDC)|
|5th Installment||5%||On or Before 01-Aug-2018 (PDC)|
|6th Installment||5%||On or Before 01-Nov-2018 (PDC)|
|Installment Due on Completion||65%||On Completion|