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A studio in MAG 960 costs a median AED 730,000, rents long-let for AED 55,000/yr (7.5% gross), and returns 12.0% short-term at the assumed 70% occupancy.

Satellite view of MAG 960, MAG City, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

Studio · typical price

730,000AED

AED 1,775/sqft · -2.7% on a year

Rent a year
AED 55,000
Gross yield
7.5%
vs MAG City
3% below the median
Cost to buy, all inAED 778,730
Price
AED 730,000
DLD fee 4%
AED 29,200
Agent 2% + VAT
AED 15,330
Trustee
AED 4,200

Fees repaid by rent11 months

Against this building’s registered sales of the same type.

Ask about MAG 960 →

Is MAG 960 a good investment?Lots of new supply is coming

  1. Does it pay a good rent?7.5% gross, before the service charge (not on file) (Dubai median 6.8%)7.5%Fair
  2. Are rents going up?New studio leases: AED 55,000 a year ago, AED 55,000 now (pooled across the project)0.0%
  3. Are prices going up?Studio: AED 1,824/sqft a year ago, 1,775 now-2.7%Fair
  4. How fast do fees pay back?AED 48,730 in fees to buy a studio; rent covers it in 0.9 years0.9 yrs
  5. Can I sell easily?10 sales in 12 months (20 the year before)10
  6. Is a lot being built nearby?533 apartments are planned in MAG City from 2026 to 2028, equal to 95% of the 561 homes let there today. MAG City supply by year →95%Watch
  7. Did earlier buyers gain?Up 17% for launch buyers, before fees+17.1%Context

Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

MAG 960 prices and rents by unit typeA studio costs about AED 730,000 and rents for about AED 55,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
StudioAED 730,0001,775/sqftlaunch 1,549 +14.6%7.5%+0.2 ptsAED 55,000273 contracts-2.7%6
1 bedAED 1.44M1,804/sqft5.6%-0.4 ptsAED 80,000136 contractsunder 5 sales in a year4
Appreciation, rental income and short-term detail, by unit type

Appreciation

Studio · price per sqft · MAG City · area median AED 1,822/sqft

vs area median
-2.6%

Rental income

Studio · MAG City

Median new rent
AED 55,000/yr
Yield vs area median
+0.2 pts
Yield vs Dubai (6.8%)
+0.8 pts
Renewal rent
AED 54,000/yr

Short-term income

Studio · 70% occupancy · 7-night stays · within 500 m

Median nightly rate
AED 438
Net revenue
AED 87,667/yr
vs long-let rent
1.6×
Listings seen
6+

Read with care

  • Rental data covers the whole MAG EYE Phase 1 project, not this tower alone.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid, Studio, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, Studio: Feb 2022, AED 633,079; latest, Jun 2026, AED 680,000; peak, Jun 2025, AED 765,000.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,775 · before fees

Launch, 2022–24
1,517
+17%
3 years ago
1,498
+19%
Previous 12 months
1,726
+3%
Last 12 months
1,775
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

10 resales in the last 12 months, against 11 a year on average over 2023–2025.

Middle 80% of sales: 1,609 – 1,908 AED per sq ft, 10th to 90th percentile of 10

DateTypeSqftPriceAED/sqft
21 Sept 20261 bed836AED 1,356,6001,622
29 Jun 2026Studio411AED 680,0001,654
23 Feb 2026Studio411AED 790,0001,921
18 Feb 2026Studio411AED 610,0001,484
30 Jan 20261 bed787AED 1,500,0001,907
16 Jan 20261 bed836AED 1,550,0001,854
24 Dec 2025Studio411AED 750,0001,824
10 Dec 2025Studio411AED 730,0001,775
1 Dec 20251 bed787AED 1,380,0001,754
15 Oct 2025Studio411AED 730,0001,775

10 resales in the last 12 months.

Short-term rates around MAG 960

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

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
Studio500 m cluster · 6+ listings seen4381.07/sqftAED 87,667AED 55,0001.6×12.0%
1 bed1+ listings seen4650.58/sqftAED 87,003AED 80,0001.1×6.0%

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly rate through the year

The MAG EYE Phase 1 towers

8 towers in MAG EYE Phase 1, at the bedroom type above.

TowerPriceAED/sqftRent a yearGross yield
MAG 930AED 782,5006 sales1,869AED 55,000project pool7.0%
MAG 960 · this buildingAED 730,0006 sales1,775AED 55,000project pool7.5%
MAG 970—2 sales, too few—AED 55,000project pool—
MAG 980AED 717,5004 sales1,750AED 55,000project pool7.7%
MAG Eye 890AED 775,0009 sales1,875AED 55,000project pool7.1%
MAG Eye 900—2 sales, too few—AED 55,000project pool—
MAG Eye 910AED 695,0004 sales1,718AED 55,000project pool7.9%
MAG Eye 920AED 790,0003 sales1,898AED 55,000project pool7.0%

Ejari files MAG EYE Phase 1’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.

MAG City: every development at this type
DevelopmentRent a yearPriceAED/sqftGross yield
MAG EYE Phase 1 · this development8 towers · rent filed for the projectAED 55,000273 contractsAED 745,00036 sales1,7967.4%
All of MAG Cityevery building, in a project or notAED 55,000273 contractsAED 745,00036 sales1,7967.4%

Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at studio. A median needs 3 rows; a dash with a count means fewer.

Market context in MAG City

Registered sales activity

63 ready apartment sales in the 12 months to 2026-10-12.

+2.2% in median AED/sqft versus the preceding year, supported by 63 current and 191 prior price observations.

Explore sales activity

Planned apartment projects

533 known registered units across 1 pending projects planned within one year of the 2026-07-06 register.

0 projects had already passed their planned date; 0 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

533 apartments are planned in MAG City from 2026 to 2028, equal to 95% of the 561 homes let there today.

How these are counted
Find service-charge budget evidence for MAG 960

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

About MAG 960

MAG 960 is an apartment building completed in 2023 in MAG City. 123 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

Drive times · typical

Downtown
16 min · 11 km
DXB Airport
18 min · 19 km
DIFC
13 min · 14 km
Dubai Marina
23 min · 24 km
Palm Jumeirah
29 min · 28 km

Nearest, as registered

MAG 960: AED 1,775 per sq ft, 1% above the median MAG City building, and a 7.8% gross yield, in the top tenth of the area

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. MAG 960AED 1,775
  2. MAG City, readyAED 1,754
  3. MAG City, off-planAED 2,665
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

MAG 960MAG City median building

  1. MAG City7.8% vs 6.0%
Line: the 10th to 90th percentile of 8 buildings in MAG City. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in MAG City, by handover quarter

Prices per sq ft around MAG 960, on the map
Pills show median sale price, AED. 8 buildings pinned from Google place records and Apple geocoding · MAG 960 is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a studio here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from MAG 960’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
3,246AED
4.5% over 25 years
Monthly rent
4,583AED
AED 55,000 a year
Cash needed at purchase
205,030AED
20% down plus AED 59,030 in fees

Owning costs AED 208,463 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about MAG 960

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Common questions

What is the rental yield in MAG 960?
MAG 960 returns 7.5% gross: a median new-contract rent of AED 55,000 a year (273 Ejari contracts in 12 months) over a price benchmark of AED 730,000 (median of 6 sales in the last 12 months, latest Jun 2026), before service charge, agency fees or vacant months.
How much does a studio in MAG 960 cost?
The median registered sale price is AED 730,000 (1,775 AED/sqft), from 6 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What are apartments in MAG 960 selling for right now?
Registered sales of ready units in MAG 960 over the last 12 months have a median of 1,775 AED/sqft, across 6 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
Have prices in MAG 960 risen or fallen?
Median price per square foot moved -2.7% over the last 12 months against the 12 before it, on 6 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How does MAG 960 compare with MAG City?
Its 7.5% gross yield sits +0.2 pts against the MAG City median of 7.3%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

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MAG 960 sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
6 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record
/sale/apartments/dubai/mag-city/mag-960
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “MAG 960 sale prices and yield.” MAG City, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/mag-city/mag-960

Stable dataJSON