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Published

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

ReferenceDD-000870
ContractSale
CategoryApartment
TypeResidential
StatusPublished
StateLive
BedroomsStudio
Bathrooms1
Built-up Area432 sq.ft
CompletionReady Secondary
Availability2026-05-18
Permit No.71146617145
Listed13 Jul 2026

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

RERA Permit No.: 71146617145|Listed: 13 Jul 2026

Market Intelligence

How this home compares to recent transactions in Business Bay

Estimated market value

AED 991,627

Range AED 791,761 – AED 1,135,446

Confidence: HighListed 26.1% above the market estimate

Based on 1,283 comparable transactions

Median sale price/sqft

AED 2,297/sqft+11.4%

Median sale price

AED 989,888

Gross rental yield

5%

Est. annual rent

AED 61,966

Median price/sqft over time

Dec 23Range AED 2,065 – AED 2,486Dec 24

Recent comparable transactions

DateBuildingBedsAreaPriceAED/sqft
2024-10-15MAG 318Closest matchStudio440 sqftAED 1,250,0002,842
2024-10-15MAG 318Studio440 sqftAED 1,250,0002,842
2024-10-10Damac Maison Prive Tower ABelow listingStudio419 sqftAED 1,245,0002,971
2024-10-10Damac Maison Prive Tower ABelow listingStudio419 sqftAED 1,245,0002,971
2024-09-25Dolphin TowerStudio448 sqftAED 1,320,0002,944
2024-09-25Dolphin TowerStudio448 sqftAED 1,320,0002,944

Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-20.

Mortgage calculator

Estimate your monthly payment and the cash you need upfront.

Residency status
AED 250,000 · 20%
AED 250,000AED 1,000,000
AED 1,000,000 · 80%
AED 250,000AED 1,000,000
25 years
1 year25 years
3.75%
1%10%

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

Principal 65%Interest 35%

Estimates for guidance only. Your bank sets the actual rates, fees and eligibility. The down payment is capped at 80% of the purchase price.

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