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Studio Size: 446 SQFT Open Kitchen Canal View Balcony Fully Furnished 1 Covered parking Rent: 70,000 Security Deposit :10% + Agency fee Amenities: Shared Gym Shared Swimming pool, Outdoor Terraces Kids play area 24-hour security 10 Minutes walking to Dubai Mall About MAG 318 towers: MAG 318 is a new integrated and high-end residential tower in Business Bay , one street away from Downtown Dubai. The development is spread over more than 55,000 Sq. Ft. of land and features 439 residential units complemented by a mix of retail, dining, leisure and entertainment amenities. MAG 318 is located 500 m from the Dubai Mall and is the first residential development completed within the most luxurious area in Dubai. Considering the proximity to Downtown neighbourhood, the property is in a much more desired location than its Business Bay competitors. Downtown Dubai and Business Bay are ranked 2nd and 3rd respectively among the off-plan apartment transactions. Business Bay is the 'central business district' comprising of commercial (19%), mixed-use (59%) and residential (22%) developments along the Dubai Water Canal. Downtown Dubai is home to some of the city's largest landmarks including Burj Khalifa, Dubai Mall and Dubai Fountain. The location is also known for Souq Al Bahar and Emaar Boulevard..