Mag 318 Guide Contents
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Mag 318

Residential building, Business Bay, Dubai
Mag 318 Key Information
Location type
Residential building
Phase
Under development
Floors
23
Building type
High-rise building
Total units
439
Unit types
Studios
One-bedroom apartments
Two-bedroom apartments
Companies Associated with Mag 318
Developer
Architectural Consultant
  • Mag 318 is a 23-storey residential building under development in Business Bay, Dubai.
  • The development will contain an estimated 439 units.
  • The building will contain a mix of studios, one- and two-bedroom apartments.
  • The project was launched in May 2017.
  • The estimated handover date was Q4 2019 which has since been revised to April 2020.
  • The project is being developed by MAG Group.
  • The design contract was awarded to Mimar Emirates Engineering Consultants.
  • Inter Mass Engineering & Contracting has been appointed as the main contractor.
  • From Mag 318 it takes roughly seven minutes to drive to Dubai Mall, 19 minutes to Palm Jumeirah, 18 minutes to Burj Al Arab and 23 minutes to The Walk JBR.
  • Dubai International Airport (DXB) is roughly 14 minutes' drive and the new Al Maktoum International Airport is roughly 41 minutes' drive. All durations are calculated by Google Maps and assume the fastest route in typical traffic conditions.
  • All apartments are fully furnished and have balconies.

  • The studios range in size from 445 to 456 sq ft; the one-beds from 842 to 1,588 sq ft; and the two-beds from 1,020 to 2,362 sq ft.

  • Amenities in the building include landscaping, a swimming pool, gymnasium, outdoor leisure spaces, a children’s area, a community centre and a coffee shop.

  • The car park has multiple entry and exit routes.

  • The tower contains 18,000 square feet of retail space.

  • MAG 318 was awarded ‘Residential Project of the Year 2019’ for its outstanding design, innovation, and creativity.

  • The tower is located 50 metres from Dubai Mall.

Mag 318 Milestones
Date Launched
May 2017
Estimated Handover Date
Q4 2019
Revised Estimated Handover Date
April 2020
Proximity to landmarks
Palm Jumeirah
19 mins drive
Al Maktoum International Airport
41 mins drive
La Mer
16 mins drive
Mall of the Emirates
15 mins drive
Dubai Mall
7 mins drive
Burj Al Arab
18 mins drive
Ibn Battuta Mall
24 mins drive
The Walk JBR
23 mins drive
Dubai International Airport
14 mins drive

Construction Updates

Mag 318 Construction Progress

Pre-construction
2017
Sep
Plot demarcated
2018
Feb
Piling underway
2019
Mar
Foundation complete
Main structure
2019
Mar
Underway
Dec
Topped out
Facade
2020
Jul
In the late stages

The dates above refer to when we monitored the site and not the exact date that construction reached a particular stage.

Please note that our progress updates are visual estimations only and should not be confused with official progress reports issued by the government regulator.

  • Feb 2018

    Dutch Foundation has been appointed as the shoring and foundation contractor.

We do our best to keep the data accurate. If you notice any mistakes on the page or have additional information you can notify us here:

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