Studio | MAG 318 | Burj Khalifa view
MAG 318, Business Bay, Dubai, UAE
Listed: 13 Jul 2026
Bedrooms
Studio
Bathrooms
1
Built-up Area
432 sq.ft
Type
Apartment
Asking price
AED 1,250,000
Property Details
Description
AX CAPITAL offers this amazing and unique studio apartment in MAG 318, located in the heart of Dubai.
Developed by MAG Group, Studios in MAG 318 are designed to maximize space and rental yield.
Property Details:
- Open-plan living/sleeping area
- 431.63 Sg.ft.
- Built in wardrobes
- Balcony (in most units)
- Compact kitchen with appliances
- Floor-to-ceiling windows
- Efficient rectangular layout (easy to furnish)
- Modern lobby
- 24/7 security
- High-speed elevators
- Retail + F&B at podium
- Visitor parking
- 5–7 min walks to Dubai Mall
- Direct access to Business Bay
- High demand for short-term rentals
- Surrounded by restaurants, cafes, and retail
It is good opportunity for first time buyers or buyers wanting Downtown access without Downtown prices.
AX CAPITAL was built upon the vision of creating a modern real estate agency where the client is at the centre of everything we do. With clearly defined values, we are committed to continuously evolving while delivering exceptional service with passion, professionalism, and dedication.
Explore Our Services:
- AX MANAGEMENT
- AX CORPORATE
Regulation
Market Intelligence
How this home compares to recent transactions in Business Bay
Estimated market value
AED 987,010
Range AED 789,844 – AED 1,130,164
Based on 1,282 comparable transactions
Median sale price/sqft
Median sale price
Gross rental yield
Est. annual rent
Median price/sqft over time
Recent comparable transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-10-15 | MAG 318Closest match | Studio | 440 sqft | AED 1,250,000 | 2,842 |
| 2024-10-15 | MAG 318 | Studio | 440 sqft | AED 1,250,000 | 2,842 |
| 2024-10-10 | Damac Maison Prive Tower ABelow listing | Studio | 419 sqft | AED 1,245,000 | 2,971 |
| 2024-10-10 | Damac Maison Prive Tower ABelow listing | Studio | 419 sqft | AED 1,245,000 | 2,971 |
| 2024-09-25 | Dolphin Tower | Studio | 448 sqft | AED 1,320,000 | 2,944 |
| 2024-09-25 | Dolphin Tower | Studio | 448 sqft | AED 1,320,000 | 2,944 |
Completed transactions in MAG 318
Median sale price/sqft
Median sale price
Gross rental yield
Median annual rent
Median price/sqft over time
Transaction activity
43 sales and 291 rentals in the last 12 months
Off-plan vs ready
Primary vs resale
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-19 | MAG 318 | Studio | 433 sqft | AED 1,100,000 | 2,541 |
| 2024-12-19 | MAG 318 | Studio | 433 sqft | AED 1,100,000 | 2,541 |
| 2024-12-19 | MAG 318 | Studio | 432 sqft | AED 1,100,000 | 2,546 |
| 2024-11-12 | MAG 318 | Studio | 446 sqft | AED 1,040,000 | 2,330 |
| 2024-11-12 | MAG 318 | Studio | 446 sqft | AED 1,040,000 | 2,330 |
| 2024-10-30 | MAG 318 | 1 | 819 sqft | AED 1,655,000 | 2,021 |
Completed transactions in Business Bay
Median sale price/sqft
Median sale price
Gross rental yield
Median annual rent
Median price/sqft over time
Community activity
7,768 sales and 15,881 rentals in the last 12 months
Off-plan vs ready
Primary vs resale
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2026-07-10 | Lumena by Omniyat | — | 5,668 sqft | AED 28,280,154 | 4,989 |
| 2026-07-10 | Burj Capital | — | 759 sqft | AED 2,616,000 | 3,449 |
| 2026-07-10 | Lumena Alta by Omniyat | — | 2,598 sqft | AED 15,632,000 | 6,017 |
| 2026-07-10 | Iris Bay | — | 1,557 sqft | AED 4,120,000 | 2,647 |
| 2026-07-10 | Clover Bay Tower | — | 938 sqft | AED 1,405,695 | 1,498 |
| 2026-07-10 | Lumena by Omniyat | — | 4,970 sqft | AED 26,819,013 | 5,396 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-23.
Mortgage calculator
Estimate your monthly payment and the cash you need upfront.
Estimated monthly payment
AED 5,141
at 3.75% over 25 years
- Down payment
- AED 250,000
- Loan amount
- AED 1,000,000
- Total interest
- AED 542,394
- Total cost
- AED 1,792,394
Payment breakdown
Estimates for guidance only. Your bank sets the actual rates, fees and eligibility. The down payment is capped at 80% of the purchase price.
Unlock Full Deal Details
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