Jumeirah Lakes Towers · area photo
Mbl Signature
Jumeirah Lakes Towers · MAG
Due Mar 2027DLD register
Median home price, Oct 2025–Sep 2026AED 1.5m
Mag 318
Business Bay MAGDLD project 1891
Towers along the Dubai Water Canal in Business Bay, Dubai. Area photo, not this projectPhoto: Sergei Gussev, Wikimedia Commons, CC BY 2.0, resized and cropped
The short answer
Mag 318 is listed as finished on the DLD register. Its 27 home sales over Oct 2025–Sep 2026 registered at a median AED 1.1m, AED 2,317 per sq ft.
DLD registerSourceDLD project registerFigureas the register lists itDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
Finished
project 1891
Sales since Jan 2019SourceDLD registered salesWindowJan 2019–5 Oct 2026Based on514 salesFigurecount of registered sales of every typeDatasales to 5 Oct 2026How it is worked out
514
registered with DLD, all types
Median StudioSourceDLD registered salesWindowOct 2025–Sep 2026Based on21 salesFiguremedian price and median price per sq ft of home sales of this sizeDatasales to 5 Oct 2026How it is worked out
AED 1.1m
AED 2,425/sq ft · 21 sales
Median home priceSourceDLD registered salesWindowOct 2025–Sep 2026Based on27 salesFiguremedian of registered home sales, not an asking priceDatasales to 5 Oct 2026How it is worked out
AED 1.1m
27 home sales, Oct 2025–Sep 2026
Sales, 12 monthsSourceDLD registered salesWindowOct 2025–Sep 2026Based on30 salesFigureregistered sales of every property typeDatasales to 5 Oct 2026How it is worked out
30
−35% on Oct 2024–Sep 2025
Registered prices of studios here, Oct 2025–Sep 2026
Lower quartile, median and upper quartile of 21 home sales; median size 440 sq ft.
The DLD project register
FinishedFinished on the DLD register
100% built at DLD’s inspection on 6 Dec 2020.
- DLD project number
- 1891
- Status
- Finished
- Completion date
- 6 Dec 2020
- Start date
- 22 Oct 2017
- Registered
- 18 May 2017
- Developer
- Mag Property Development L.L.C · DLD developer 1164
- Escrow account bank
- Emirates Nbd Bank ()
- Units
- 451
- Buildings
- 1: Mag 318
Inspection history: 8 inspections on the register
| Inspection date | Built |
|---|---|
| 6 Dec 2020 | 100% |
| 24 Aug 2020 | 90.13% |
| 3 Jun 2020 | 82.12% |
| 31 Oct 2019 | 50.09% |
| 27 Jun 2019 | 30.15% |
| 18 Feb 2019 | 17% |
| 16 Sep 2018 | 3.6% |
| 2 Apr 2018 | 0.8% |
Source: Dubai Land Department project register, read 13 Oct 2026. The register’s own figures, shown as it lists them.
Developer’s reply: none yet. MAG can send a reply about these figures; replies are checked before they’re published and never change a number. How developers reply
Statement ID S-1891-H1 · DLD register read 13 Oct 2026
Home prices by size
registered home sales, Oct 2025–Sep 2026| Size | Sales | Median price | Median AED /sq ft | Median size, sq ft |
|---|---|---|---|---|
| Studio | 21 | AED 1.1m | 2,425 | 440 |
| 1 BR | 3 · fewer than 5 | — | — | — |
| 2 BR | 3 · fewer than 5 | — | — | — |
Medians of registered flat and villa sales with no data-quality flag; a size with fewer than 5 sales shows no median.
Check an asking price
use the size on the sale contractEnter the size and the asking price to compare them with registered sales.
The size starts at the median registered size for that size here; use the size on your sale contract. Fees as listed on DLD’s Property Sale Registration page. Compare with other projects in the price check
Price against launch
median price per sq ft, homes| Size | Launch | Sales | Latest | Sales | Change |
|---|---|---|---|---|---|
| Studio | AED 1,824 | 25 | AED 2,178 | 8 | +19% |
Launch: first 90 days of registered sales of off-plan homes, 20 Nov 2017 to 17 Feb 2018. Latest: every home sale of that size, Jul–Sep 2026. Shown only where both have at least 5 sales.
Latest registered sales
All recent sales| Date | Type | Sq ft | Price | AED /sq ft | vs area |
|---|---|---|---|---|---|
| 16 Sep 2026 | Flat · 2 BR Ready | 967 | AED 2.0m | 2,069 | −15% |
| 14 Sep 2026 | Flat · 2 BR Ready | 1,603 | AED 2.8m | 1,748 | −28% |
| 27 Aug 2026 | Flat · Studio Ready | 433 | AED 920k | 2,125 | −16% |
| 7 Aug 2026 | Flat · Studio Ready | 440 | AED 850k | 1,933 | −23% |
| 27 Jul 2026 | Flat · 1 BR Ready | 983 | AED 1.7m | 1,764 | −29% |
| 21 Jul 2026 | Flat · Studio Ready | 441 | AED 850k | 1,927 | −23% |
| 20 Jul 2026 | Flat · Studio Ready | 432 | AED 1.0m | 2,317 | −8% |
| 20 Jul 2026 | Flat · Studio Ready | 433 | AED 990k | 2,287 | −9% |
| 13 Jul 2026 | Flat · Studio Ready | 440 | AED 980k | 2,228 | −11% |
| 9 Jul 2026 | Flat · Studio Ready | 447 | AED 950k | 2,128 | −15% |
Every type of sale, newest first; DLD publishes no time of day. Price per sq ft for homes only. “vs area”: against the median for that size in Business Bay, Oct 2025–Sep 2026.
MAG’s ads
MAG isn’t advertising Mag 318 on Facebook or Instagram right now. When it does, the ads will show here with the prices they quote.
Checked in Meta’s Ad Library on 26 Oct 2026 · MAG Developments in the Ad Library
Business Bay market insights
Registered with DLD under the district Business Bay, 2019 to 5 Oct 2026.
AED 2,058Sep 2026−1%on Oct 2023
Each point is the median price per square foot of the month’s registered home sales (flats and villas). A month with fewer than 10 home sales is left as a gap. Registered prices, not asking prices.
Most sold size
1 bedroom
Share of the home sales over Oct 2025–Sep 2026 that recorded a bedroom count
Sales a year
13,134 sales2025+480%on 2019
Full years only, registered sales of every type. 4,953 sales in 2026 to 5 Oct.
Off-plan share
57% of the 8,128 sales over Oct 2025–Sep 2026 were registered as off-plan, DLD’s own registration type.
The full record
every figure behind the summarySales by year and by month
| Year | Sales | Off-plan | Ready | Value | Median home price | Median AED /sq ft |
|---|---|---|---|---|---|---|
| 2019 | 80 | 80 | 0 | AED 71.6m | AED 793k | 1,802 |
| 2020 | 113 | 111 | 2 | AED 178m | AED 1.7m | 2,087 |
| 2021 | 138 | 2 | 136 | AED 147m | AED 836k | 1,749 |
| 2022 | 41 | 0 | 41 | AED 41.9m | AED 875k | 1,904 |
| 2023 | 41 | 0 | 41 | AED 39.9m | AED 950k | 2,167 |
| 2024 | 30 | 0 | 30 | AED 35.3m | AED 1.0m | 2,318 |
| 2025 | 48 | 0 | 48 | AED 63.5m | AED 1.1m | 2,440 |
| 2026 to 5 Oct | 23 | 0 | 23 | AED 37.7m | AED 1.1m | 2,137 |
Sales and value: registered sales of every property type since Jan 2019. Off-plan: DLD’s registration type; Ready: every other sale. Medians: home sales only, shown with 5 or more.
514sales registered, Jan 2019 to Sep 2026
Every registered sale, all property types.
Other projects in Business Bay
8,128 sales were registered in Business Bay over Oct 2025–Sep 2026, with homes at a median AED 2,082 per sq ft over Jul–Sep 2026.
| Project | Developer | DLD register | Sales, Oct 2025–Sep 2026 | Median home price |
|---|---|---|---|---|
| Binghatti Aquarise | Binghatti | Due Oct 2026 | 602 | AED 2.0m |
| Binghatti Skyrise | Binghatti | Due Dec 2026 | 434 | AED 1.5m |
| Downtown Residences | Deyaar | Due Dec 2030 | 364 | AED 2.6m |
| Hq by Rove | Irth | Due Mar 2029 | 328 | — |
| Binghatti Skyhall | Binghatti | Due Aug 2026 | 232 | AED 1.4m |
| Al Habtoor Tower | Al Habtoor | Due Dec 2026 | 216 | AED 3.4m |
| Peninsula Four | Select Group | Finished | 212 | AED 2.0m |
| One by Binghatti | Binghatti | Due May 2026 | 212 | AED 3.1m |
| Tiger Sky Tower | Tiger | No completion date | 174 | AED 3.1m |
| Peninsula Three | Select Group | Finished | 170 | AED 1.7m |
| Avarra by Palace | Emaar | Due Jun 2031 | 155 | AED 3.2m |
| DAMAC Towers by Paramount | DAMAC | Finished | 151 | AED 1.7m |
Median home price over Oct 2025–Sep 2026, shown with 5 or more home sales.
Other projects by MAG
| Project | Area | Completion date | Built | Sales, Oct 2025–Sep 2026 |
|---|---|---|---|---|
| Mbl Signature | Jumeirah Lakes Towers | Mar 2027 | 60.1% | 130 |
| Mag Eye Phase 1 | Hadaeq Sheikh Mohammed Bin Rashid | Finished | — | 104 |
| Mag 5 Boulevard | Madinat Al Mataar | Finished | — | 94 |
| Mag 330 | City of Arabia | Finished | — | 61 |
| Mag218 | Dubai Marina | Finished | — | 29 |
| Keturah Reserve | Hadaeq Sheikh Mohammed Bin Rashid | Jun 2027 | 10% | 11 |
| Keturah Resort | Al Jadaf | Feb 2026 | 15.3% | 11 |
| Mag 22 | Nad Al Shiba First | Finished | — | 2 |
More from MAG
Every MAG projectDubai, general view
Mag Eye Phase 1
Hadaeq Sheikh Mohammed Bin Rashid · MAG
Finished
Finished on the DLD register
Median home price, Oct 2025–Sep 2026AED 1.2m
Dubai, general view
Mag 5 Boulevard
Madinat Al Mataar · MAG
Finished
Finished on the DLD register
Median home price, Oct 2025–Sep 2026AED 650k
Dubai, general view
Mag 330
City of Arabia · MAG
Finished
Finished on the DLD register
Median home price, Oct 2025–Sep 2026AED 1.5m
Dubai Marina · area photo
Mag218
Dubai Marina · MAG
Finished
Finished on the DLD register
Median home price, Oct 2025–Sep 2026AED 1.3m
Dubai, general view
Keturah Reserve
Hadaeq Sheikh Mohammed Bin Rashid · MAG
Due Jun 2027DLD register
Median home price, Oct 2025–Sep 2026AED 5.7m
Photos: Jumeirah Lake Towers by Guilhem Vellut (Wikimedia Commons, CC BY 2.0); Sheikh Zayed Road from above by monicker (Wikimedia Commons, CC BY-SA 3.0); Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Dubai Marina by Norlando Pobre (Wikimedia Commons, CC BY 2.0). Resized and cropped.
More projects in Business Bay
Everything in Business BayBusiness Bay · area photo
Binghatti Aquarise
Business Bay · Binghatti
Due Oct 2026DLD register
Median home price, Oct 2025–Sep 2026AED 2.0m
Business Bay · area photo
Binghatti Skyrise
Business Bay · Binghatti
Due Dec 2026DLD register
Median home price, Oct 2025–Sep 2026AED 1.5m
Business Bay · area photo
Downtown Residences
Business Bay · Deyaar
Due Dec 2030DLD register
Median home price, Oct 2025–Sep 2026AED 2.6m
Business Bay · area photo
Business Bay · area photo
Binghatti Skyhall
Business Bay · Binghatti
Due Aug 2026DLD register
Median home price, Oct 2025–Sep 2026AED 1.4m
Business Bay · area photo
Al Habtoor Tower
Business Bay · Al Habtoor
Due Dec 2026DLD register
Median home price, Oct 2025–Sep 2026AED 3.4m
Photo: Business Bay and the Dubai Water Canal by Sergei Gussev (Wikimedia Commons, CC BY 2.0). Resized and cropped.
Before you buy a home in Mag 318
About Mag 318
Mag 318 is a MAG project in Business Bay, Dubai, registered with the Dubai Land Department as project 1891 by Mag Property Development L.L.C. The register lists it as finished.
514 sales have been registered since Jan 2019, the first on 3 Jan 2019, 30 of them over Oct 2025–Sep 2026. Over those twelve months its 27 home sales registered at a median AED 1.1m. These are prices buyers paid, recorded at registration, not asking prices.
By sales since Jan 2019 it is 36th of the 140 projects with a registered sale in Business Bay, and 4th of MAG’s 9.
Questions about Mag 318
Is Mag 318 finished?
Yes. The DLD register lists Mag 318 as finished.
What do homes in Mag 318 sell for?
Studio: a median AED 1.1m, AED 2,425 per sq ft, from 21 sales. Registered home sales over Oct 2025–Sep 2026, not asking prices.
How many sales has Mag 318 had?
514 sales registered with the Dubai Land Department since Jan 2019, 30 of them over Oct 2025–Sep 2026.
Who is the developer of Mag 318?
The DLD register lists Mag Property Development L.L.C, DLD developer number 1164, which we group under MAG.
Where is Mag 318?
In Business Bay, Dubai. The Dubai Land Department registers its sales under the district Business Bay. Homes there registered at a median AED 2,082 per sq ft over Jul–Sep 2026.
Which escrow account does DLD list for Mag 318?
The DLD project register lists an escrow account with Emirates Nbd Bank () for Mag 318.
Cite this page
Mag 318, Business Bay. Real Estate IQ, from DLD registered sales to 5 Oct 2026 and the DLD project register read 13 Oct 2026. dubairealestateiq.com/project/mag-318
Sources: Dubai Land Department open data, registered sales to 5 Oct 2026, via Dubai Real Estate Data (CC BY 4.0), processed by Real Estate IQ; DLD project register, read 13 Oct 2026. Registered prices, not asking prices or valuations. How the figures are worked out.
Read next
GuideHow to check a Dubai off-plan project’s completion date
GuideAsking price or registered price: how to check a quote
TrackerActive projects on the DLD register, with their completion datesPhotos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Dubai Marina at night by Gfilip (Wikimedia Commons, CC BY-SA 4.0); Dubai skyline at dusk by imran shahabuddin (Wikimedia Commons, CC BY 2.0). Resized and cropped.