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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 →

Median sale price
AED 1.08M
27 sales · the last 12 months
Median per sq ft
AED 2,317
-4.3% on the year before
Against Business Bay
47 of 107
Community median AED 2,574 / sq ft
Sales on record
636
Since 2017

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

1,782
1,798
1,802
2,087
1,748
1,919
2,167
2,318
2,440
2,228
2017201820192020202120222023202420252026

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.

LayoutTypical sizeMedian pricePer sq ftSales
Studio440 sqft1,050,0002,38688
1 B/R819 sqft1,710,0001,9257
2 B/R967 sqft2,085,0002,12110

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.

DateLayoutSizePricePer sq ft
27 Aug 2026Studio433920,0002,125
7 Aug 2026Studio440850,0001,933
27 Jul 20261 B/R9821,732,5161,764
21 Jul 2026Studio441850,0001,927
20 Jul 2026Studio4321,000,0002,317
20 Jul 2026Studio433990,0002,287
13 Jul 2026Studio440980,0002,228
9 Jul 2026Studio446950,0002,128
2 Jul 2026Studio4341,069,0002,465
1 Jul 20261 B/R8191,750,0002,137
12 May 2026Studio4461,100,0002,464
16 Mar 2026Studio441894,6002,030

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

7
125
80
113
135
40
41
30
46
19
2017201820192020202120222023202420252026

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 107 Business Bay buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.

RankBuildingSales, 12 monthsMedian per sq ft
44Ahad Residences242,410
45The Sterling East192,358
46Trillionaire Residences412,334
47MAG 318272,317
48Damac Maison Prive A372,309
49Central 1232,299
50West Five Business Bay Residences182,289

Business Bay as a whole: AED 2,574 a square foot across 7,516 sales in the last twelve months.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 2 Sept 2026.

We are not marketing anything in MAG 318 today, but we know it and we hear about homes before they list. Tell us what you are after.

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