Mag 318
MAG · Business Bay · 451 homes · Completed
A completed MAG project in Business Bay: 451 homes, handed over in Dec 2020, on time against the Q4 2020 date on the register. Registered resales from Jul 2025 to Jun 2026 had a median of AED 2,440 per sqft, 33% above the launch quarter.
Updated 27 Oct 2026Prices. Quarter by quarter since launch.
Every quarter as a table
| Quarter | Median AED/sqft | Sales |
|---|---|---|
| Q1 2018 | 1,836 | 30 |
| Q2 2018 | 1,790 | 33 |
| Q3 2018 | 1,789 | 39 |
| Q4 2018 | 1,796 | 23 |
| Q1 2019 | 1,869 | 19 |
| Q2 2019 | 1,794 | 33 |
| Q3 2019 | 1,802 | 12 |
| Q4 2019 | 1,805 | 16 |
| Q3 2020 | 1,804 | 21 |
| Q4 2020 | 2,201 | 77 |
| Q1 2021 | 1,926 | 44 |
| Q2 2021 | 1,762 | 29 |
| Q3 2021 | 1,661 | 42 |
| Q4 2021 | 1,714 | 21 |
| Q4 2022 | 2,026 | 15 |
| Q1 2023 | 2,111 | 14 |
| Q3 2023 | 2,176 | 11 |
| Q1 2024 | 2,270 | 11 |
| Q1 2025 | 2,402 | 11 |
| Q2 2025 | 2,437 | 10 |
| Q3 2025 | 2,437 | 19 |
| Q3 2026 | 2,127 | 12 |
Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.
Promised vs delivered. Launch to today.
The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.
Questions.
When was Mag 318 handed over?
In Dec 2020, when the first ready-market sale was registered. The register declared completion for Q4 2020, so it handed over on time.
What do homes in Mag 318 sell for?
From Jul 2025 to Jun 2026, 34 homes sold on the register at a median of AED 2,440 per sqft and AED 1.1M per home. By unit type: Studio AED 1.08M (28 sales). These are registered deeds, not the developer's price list.
Who built Mag 318?
MAG. The project is registered to MAG on the Dubai Land Department register, which lists 10 projects for the developer in Dubai, 4 of them under construction.
How many homes are in Mag 318?
451, as counted on the Dubai Land Department register. The declared mix: 316 studios, 48 1 BR, 75 2 BR.
