AED 1,150,000

Own this from just

4,730 AED/month
Studio
1 Bathroom
431 sqft / 40 sqm
APARTMENT FOR SALE IN MAG 318, BUSINESS BAY

Prime Location | Spacious Studio | Balcony View

Classic properties is pleased to present this Spacious Studio Apartment for Sale in MAG 318, Business Bay.

Property Details:

* Studio Apartment
*1Bathroom
* Plot: 431.63 sq. ft
* 1 Parking
* Well Fitted Kitchen
* Community View
* Close to Dubai Mall
* Furnished

Amenities;

* Landscaping
* Swimming pool
* Gymnasium
* Outdoor leisure spaces
* Children’s area
* Community centre
* Coffee shop

For more details and viewing contact our area specialist Mr. Anirudh Asawa on 042711116

ORN: 18715

BRN: 32820

About MAG 318:

MAG 318 is a new integrated and high-end residential tower in Downtown Dubai. The development will be spread over more than 55,000 Sq. Ft. of land and features 439 residential units complemented by a mix of retail, dining, leisure and entertainment amenities. MAG 318 is located 500 m from the Dubai Mall and will be the first residential development completed within the most luxurious area in Dubai

About Community;

Business Bay is a vibrant and highly sought-after community in Dubai, offering several key advantages for residents and businesses alike. Its central location provides easy access to major areas like Downtown Dubai, Dubai Marina, and the Dubai International Financial Centre (DIFC), making it ideal for professionals and commuters. The area is home to modern high-rise apartments, luxury hotels, and commercial spaces, providing a dynamic urban environment. With an array of dining, retail, and entertainment options, residents can enjoy a lively lifestyle. Business Bay also features beautiful waterfront views along the Dubai Canal, offering picturesque surroundings. Excellent transport links, including proximity to metro stations, make getting around the city convenient, while the community’s growing infrastructure ensures continued development and enhanced amenities. Overall, Business Bay combines convenience, luxury, and a dynamic urban atmosphere.

Property details

Property Type

Apartment

Property Size

431 sqft / 40 sqm

Bedrooms

studio

Bathrooms

1

Service Charges

23.06 AED per sqft

Available from

18 Dec 2024


Amenities

Central A/C

Balcony

Shared Pool

Security

Covered Parking

Pets Allowed

Shared Gym

Lobby in Building

Children's Play Area


Location

Map preview
MAG 318
Residential Insights

Price Range:

1.1M-2.5M AED
Business Bay
Community Insights
4/5238 building reviews

Well connected | Mostly apartments | Luxury

Price Range:

450K-750M AED

Price Insights

Transactions for Similar Properties

Studio Apartment in MAG 318

Sold for

DateAEDArea (sqft)
13 Feb 20251,070,000432
7 Feb 20251,250,000441
5 Feb 20251,100,000446
3 Feb 20251,040,000446
31 Jan 20251,245,000444

Rented for

DateAED/yearArea (sqft)
20 Feb 202575,000432
16 Feb 202578,000436
16 Feb 202572,000432
10 Feb 202580,000441
15 Nov 202470,000433
See all transactions in this location

Powered byDataGuru

This property costs 5% more than the average price of studio bedroom in Business Bay

Average Sale Price is 1,099,361 AED

This property is 11% smaller than the average size of studio bedroom in Business Bay

Average size is 486 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Business Bay

Provided by

Anirudh Asawa

3.8

Classic Properties Real Estate

See all properties (327)

Response time

within 24 hours

Experience

12 years

Closed Deals

3

Languages

English, Hindi, Other

See agent properties (53)

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Monthly payment

4,730 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

classicproperties-11949764

Listed

2 months ago

Broker License

18715

Zone name

Business Bay

DLD Permit Number:

71146612633

Agent License

32820

DLD Permit Number

Anirudh Asawa

3.8

Usually responds within 24 hours

Own this property from just

4,730 AED /month

Fixed rates from: 3.75%

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