Building · Business Bay
Properties for sale in MAG 318
Nothing for sale here with McCone right now — 636 sales are on record at the Dubai Land Department, below.
Recorded rents and gross yield for MAG 318 →
Living in Business Bay — the area guide →
What a mortgage on a MAG 318 purchase costs a month — and the cash you need on the day →
The recorded market
Price per square foot, by year
The median of every sale registered at the Dubai Land Department here. Not asking prices.
The low was 2021 at AED 1,748 a square foot, and it has recovered 27% since. It is still 9% below its 2025 peak.
What sells here
By size
Registered sales in the last three years. Sizes are the registered floor area.
| Layout | Typical size | Median price | Mean price | Per sq ft | Sales |
|---|---|---|---|---|---|
| Studio | 440 sqft | 1,050,000 | 1,040,609 | 2,386 | 88 |
| 1 B/R | 819 sqft | 1,710,000 | 1,685,359 | 1,925 | 7 |
| 2 B/R | 967 sqft | 2,085,000 | 2,102,500 | 2,121 | 10 |
Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.
Every sale, as registered
Recent sales in MAG 318
The last transfers recorded at the Dubai Land Department, newest first.
| Date | Layout | Size | Price | Per sq ft |
|---|---|---|---|---|
| 27 Aug 2026 | Studio | 433 | 920,000 | 2,125 |
| 7 Aug 2026 | Studio | 440 | 850,000 | 1,933 |
| 27 Jul 2026 | 1 B/R | 982 | 1,732,516 | 1,764 |
| 21 Jul 2026 | Studio | 441 | 850,000 | 1,927 |
| 20 Jul 2026 | Studio | 432 | 1,000,000 | 2,317 |
| 20 Jul 2026 | Studio | 433 | 990,000 | 2,287 |
| 13 Jul 2026 | Studio | 440 | 980,000 | 2,228 |
| 9 Jul 2026 | Studio | 446 | 950,000 | 2,128 |
| 2 Jul 2026 | Studio | 434 | 1,069,000 | 2,465 |
| 1 Jul 2026 | 1 B/R | 819 | 1,750,000 | 2,137 |
| 12 May 2026 | Studio | 446 | 1,100,000 | 2,464 |
| 16 Mar 2026 | Studio | 441 | 894,600 | 2,030 |
How often it trades
Sales per year
Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale
Of the 636 sales on record, 325 were bought off-plan from the developer and 311 were resales of a finished home. The changeover in 2021 is the handover. The 2026 bar is part-year.
In context
Where it sits in Business Bay
MAG 318 is the 47th most expensive of the 106 Business Bay buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.
| Rank | Building | Sales, 12 months | Median per sq ft |
|---|---|---|---|
| 44 | Ahad Residences | 23 | 2,407 |
| 45 | The Sterling East | 19 | 2,358 |
| 46 | Trillionaire Residences | 41 | 2,334 |
| 47 | MAG 318 | 26 | 2,317 |
| 48 | Damac Maison Prive A | 37 | 2,309 |
| 49 | Central 1 | 23 | 2,299 |
| 50 | West Five Business Bay Residences | 18 | 2,289 |
Business Bay as a whole: AED 2,565 a square foot across 7,406 sales in the last twelve months.
Where the market is moving
The busiest buildings in Business Bay
MAG 318 ranks 12th of the 38 Business Bay buildings with five or more completed-home sales in the ninety days to 8 Sept 2026. These are the five ahead of it, and its own row.
| Rank | Building | Sales, 90 days | Against its usual pace |
|---|---|---|---|
| 1 | Peninsula Three | 42 | 1.9× |
| 2 | Peninsula Four | 27 | New to resale |
| 3 | Peninsula Two | 23 | 46.0× |
| 4 | Noura Tower | 17 | 1.7× |
| 5 | Nobles Tower | 16 | 1.1× |
| 12 | MAG 318 | 10 | 1.1× |
Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 8 Sept 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Business Bay, with pace against each building’s own year before.
Nearby
What else to look at in Business Bay
The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.
| Building | Recorded sales | First traded | Median per sq ft |
|---|---|---|---|
| Sobha Skyparksnewest | 83 | 2026 | 4,250 |
| Avarra by Palacenewest | 155 | 2026 | 3,490 |
| Peninsula Two | 777 | 2022 | 1,935 |
| Urban Oasis | 706 | 2018 | 1,927 |
| Century Tower | 224 | 2024 | 1,894 |
| SLS Dubai Hotel & Residences | 556 | 2020 | 1,880 |
| Business Bay Residence 110 | 121 | 2023 | 1,846 |
| Aykon City Tower C | 1,433 | 2016 | 1,838 |
| 15 Northside Tower 1 | 455 | 2021 | 1,832 |
| The Cosmopolitan | 964 | 2009 | 1,826 |
Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.