MAG 960
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.
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
Is MAG 960 a good investment?Lots of new supply is coming
- Does it pay a good rent?7.5% gross, before the service charge (not on file) (Dubai median 6.8%)7.5%Fair
- Are rents going up?New studio leases: AED 55,000 a year ago, AED 55,000 now (pooled across the project)0.0%
- Are prices going up?Studio: AED 1,824/sqft a year ago, 1,775 now-2.7%Fair
- How fast do fees pay back?AED 48,730 in fees to buy a studio; rent covers it in 0.9 years0.9 yrs
- Can I sell easily?10 sales in 12 months (20 the year before)10
- 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
- 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
MAG 960 prices and rents by unit typeA studio costs about AED 730,000 and rents for about AED 55,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
Studio · price per sqft · MAG City · area median AED 1,822/sqft
- 12-month change
- -2.7%
- vs area median
- -2.6%
- Off-plan price gain, 2022–2022
- +14.6% · +3.5%/yr
Rental income
Studio · MAG City
- Gross yield
- 7.5%
- 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.
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%
- 83 sales
- 3 years ago
- 1,498
- +19%
- 5 sales
- Previous 12 months
- 1,726
- +3%
- 20 sales
- Last 12 months
- 1,775
- today
- 10 sales
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
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.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
The MAG EYE Phase 1 towers
8 towers in MAG EYE Phase 1, at the bedroom type above.
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 typeMAG City: every development at this type
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 activityPlanned 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 supplySupply 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 countedDirect 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.
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
- MAG 960AED 1,775
- MAG City, readyAED 1,754
- MAG City, off-planAED 2,665
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
MAG 960MAG City median building
- MAG City7.8% vs 6.0%
Nearby in MAG City
Prices per sq ft around MAG 960, on the mapPrices per sq ft around MAG 960, on the map
MAG 980
MAG City · 11 sales, 12 months
1.13M
AED, resale median · 1,708/sqft
MAG Eye 890
MAG City · 10 sales, 12 months
777,500
AED, resale median · 1,865/sqft
MAG Eye 910
MAG City · 8 sales, 12 months
1.01M
AED, resale median · 1,653/sqft
MAG Eye 920
MAG City · 7 sales, 12 months
1.00M
AED, resale median · 1,756/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · StudioOn record
- Rental evidence · StudioRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- Short-term assumptionRead with care
- Costs not includedNot in the yield
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 rateMonthly 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.
More assumptionsFewer 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.
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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
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