MAG 318
Recorded complete in December 2020.
Started Oct 2017Completed Dec 2020
DLD project register, Jul 2026
- Titles issued
- 439 of 439
- Escrow
- بنك الإمارات دبي الوطني (ش.م.ع)
Saves the tower’s record to your account.
Is MAG 318 a safe off-plan buy?Recorded complete in December 2020
- Is it on schedule?Recorded complete in December 2020, on its registered date to the day: the register often stamps one onto the other · DLD project register, Jul 2026100%Context
- Is my money protected?The register named the escrow agent: بنك الإمارات دبي الوطني (ش.م.ع)EscrowContext
- Is the price fair?No off-plan sale registered in 12 months to price it onNo record
- Is it selling?No off-plan sale registered in 12 months; the last in August 20210Context
- Who is building it?Mag, licence no. 1164Context
A registered date is not a delivery forecast · 79% of recorded completions carry their planned date to the day · DLD register, July 2026
What is being built439 units, mostly studios; all titled
DLD unit register · balconies a median 19% of unit area
Every unit, floor by floor →Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.
Every unit, as registered
439 units in DLD’s register for MAG 318, floor by floor.
Show 400 of 439 unitsHide the units
A title is issued at handover. “Not yet” means no title, which a reserved unit and an unsold one share; the register does not say which is for sale.
How other Business Bay projects are tracking2 of the 3 nearest-to-finished are past their registered dates
“Past date”: the registered date has already passed · 12 of 30 live Business Bay projects past theirs · DLD register and inspections, October 2026
All 117 Business Bay projects →As registered with the Land DepartmentWhere MAG 318 is, and who is on its register row
- Escrow agent
- بنك الإمارات دبي الوطني (ش.م.ع)
- Developer, as licensed
- MAG PROPERTY DEVELOPMENT L.L.C (no. 1164)
- Master developer
- Business Bay LLC
- Registered start
- October 2017
- Configuration
- PROJECT CONSISTS OF 2B+G+3P+19+R RESIDENTIAL & COMMERCIAL BUILDING LOCATED IN BUSINESS BAY. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to .
Published buildings in MAG 318
Towers inside this project that have enough registered resales for their own record.
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Common questions
- When will MAG 318 be completed?
- The register records MAG 318 complete in December 2020. Dubai Land Department project register as of July 2026.
- Is MAG 318 in escrow?
- Yes: the Land Department register names بنك الإمارات دبي الوطني (ش.م.ع) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.
- Who is the developer of MAG 318?
- MAG PROPERTY DEVELOPMENT L.L.C, licence no. 1164, by the register’s own licence number; the master developer that owns the land is Business Bay LLC. Dubai Land Department project register as of July 2026.
- How many units does MAG 318 have?
- 439 registered units, of which 439 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.
For agents
Send MAG 318 to a client as a branded report
Off-plan record for MAG 318
- Record type
- Project-level off-plan register record
- Data date
- Evidence base
- 439 registered units; DLD project register as of 2026-07-06
- Sources
- Dubai Land Department project register, construction inspections and title register; sale transactions
- Canonical record
- /off-plan/apartments/dubai/business-bay/mag-318
Cite as: Dubai Wealth Index. “MAG 318, off-plan.” Business Bay, Dubai. Register to 2026-07-06, data to 2026-10-12. https://dubaiwealthindex.com/off-plan/apartments/dubai/business-bay/mag-318