New building
Property type
No. of bedrooms
Area

MAG 318

Mag 318 is a great buying opportunity in the Downtown / Business Bay areas.

The project is located right behind The Lofts by Emaar and is walking distance to Dubai Mall.

Mag Group is a reputable developer and their well known projects include Mag 214 (JLT), Mag 218 (Dubai Marina) and Mag 5 Boulevard (Dubai South).

The studio is a particularly attractive option for investors with prices starting from AED 750 - 770,000.

65% of the purchase price is payable on completion.

The apartment interiors are completed with European high-quality flair and the tower’s top five floors have full glass exterior and interior walls. 

Project amenities include:

  •   Swimming pool
  •   Jacuzzi
  •   Sundeck & solarium
  •   Community hall
  •   Gymnasium
  •   TV lounge

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Call management
Lease process (Rent out)

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)

1 hour

Contract of the lessee and agency.

Up to 5 days

Real estate search.

Selection of optimal options.

Up to 2 days

Signing of the lease agreement

Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process

1 hour

Contract of the tenant and agency.

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

1 Week

Registration of the contract of purchase / sale

Customer charges:

  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration

Additional services:

Property management

Sales Process

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

None

the management process

1 hour

Contract of the owner and agency

1 year

Rendering of management services

1 day

Reporting

Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process

1 hour

Contract of the tenant and agency.

From 3 days

Selection of optimal investment options

1 Week

Registration of the contract of purchase / sale

Expenses of the investor:

  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration

Additional services:

Property management