What is the rental yield in MAG 980?

MAG 980 returns 7.48% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 628 rental contracts registered in the last 24 months.

How much does a studio in MAG 980 cost?

The median registered sale price is AED 730,000 (1,846 AED/sqft), from 29 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in MAG 980 selling for right now?

Registered sales of ready units in MAG 980 over the last 12 months have a median of 1,792 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in MAG 980 risen or fallen?

Median price per square foot moved -3.1% over the last 12 months against the 12 before it, on 29 registered sales. On a sample this size, read the direction rather than the exact figure.

Does MAG 980 earn more short-let than long-let?

A night asks a median of AED 441, which models to 14.00% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 7.48% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

MAG 980 — rental prices & yield | Sheikh Mohammed Bin Rashid Gardens, Dubai

Buy: 730,000AED; AED 1,792/sqft
Long-let: 55,000AED; AED 133/sqft · 7.48%
Short-let: 14.00%; AED 441/night · 1.11/sqft

Price per sqft: Median of 5 registered sales of ready units in the last 12 months, most recent July 2026.

Priced off the last 5 sales — most recent July 2026.

Yield spread: -0.0 pts; vs the Sheikh Mohammed Bin Rashid Gardens median for this unit type
AED/yr/sqft: AED 133
Sales: 29
Rental contracts: 628
Renewal rent: AED 54,000/yr

12 months: +1.8%

Based on 29 sales and 628 rental contracts in the last 24 months. Rental data covers the whole MAG EYE Phase 1 project, not this tower alone.

MAG 980 is an apartment building in Sheikh Mohammed Bin Rashid Gardens, Dubai, one of the towers in the MAG EYE Phase 1 development. Land Department records for it run from 2021 to 2026, 366 registered sales in all — the 29 in the last 24 months are what every median above is computed from.

Rent history

Median annual rent per sqft registered in MAG 980, by year.

Monthly median AED per sqft per year, smoothed over three months. The band along the bottom is the number of records each month.

Rents by bedroom type

Type	Median rent	AED/yr/sqft	Yield	Contracts
Studio	AED 55,000	133	7.48% -0.0 pts	628
1 bed	AED 85,000	107	7.52% +1.2 pts	307

Deltas compare each yield with the Sheikh Mohammed Bin Rashid Gardens median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around MAG 980

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
Studio500m	441	1.11	AED 102,178	AED 55,000	1.9×	14.00%	7+
1 bed	535	0.68	AED 118,750	AED 85,000	1.4×	8.80%	2+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because MAG 980 itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

12 resales in the last 12 months, against 24 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
4 Aug 2026	1 bed	746	AED 1,180,000	1,582
8 Jul 2026	Studio	410	AED 700,000	1,707
30 Jun 2026	1 bed	746	AED 1,130,000	1,515
24 Jun 2026	1 bed	796	AED 1,100,000	1,382

4 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Compare with nearby buildings

The most-traded buildings in MAG EYE Phase 1, on the same figures over the same window.

MAG Eye 900 · 4.79%
MAG Eye 920 · 7.25%
MAG Eye 890 · 7.48%
MAG 970 · 4.46%
MAG 930 · 7.58%
MAG Eye 910 · 8.35%
MAG 960 · 7.34%

Common questions

What is the rental yield in MAG 980?: MAG 980 returns 7.48% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 628 rental contracts registered in the last 24 months.
How much does a studio in MAG 980 cost?: The median registered sale price is AED 730,000 (1,846 AED/sqft), from 29 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in MAG 980 selling for right now?: Registered sales of ready units in MAG 980 over the last 12 months have a median of 1,792 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in MAG 980 risen or fallen?: Median price per square foot moved -3.1% over the last 12 months against the 12 before it, on 29 registered sales. On a sample this size, read the direction rather than the exact figure.
Does MAG 980 earn more short-let than long-let?: A night asks a median of AED 441, which models to 14.00% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 7.48% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

MAG 980