MAG 980

1. Does it pay a good rent?5.9% gross, before the service charge (not on file) (Dubai median 6.8%)5.9%Fair
2. Are rents going up?New 1 bed leases: AED 87,500 a year ago, AED 80,000 now (pooled across the project)-8.6%
3. Are prices going up?1 bed: AED 1,689/sqft a year ago, 1,708 now+1.1%Fair
4. How fast do fees pay back?AED 87,160 in fees to buy a 1 bed; rent covers it in 1.1 years1.1 yrs
5. Can I sell easily?11 sales in 12 months (32 the year before)11
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 55% for buyers 5 years ago; up 55% for launch buyers, before fees+54.5%Context

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

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

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.

• Sales and rents to
  2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
  On record
• Sales evidence · 1 bed
  7 registered sales in 12 months
  On record
• Rental evidence · 1 bed
  136 new and 49 renewal contracts in 12 months · rent source: project (pooled)
  Read with care
• Service charge
  Not on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.
  Not on record
• Project register
  MAG EYE Phase 1: recorded complete 2023-02-01 · register data to 2026-07-06
  On record
• Short-term assumption
  Modelled at the published 70% occupancy on 2 listings seen; the dial above changes every short-term figure on this page
  Read with care
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
  Not in the yield

What is the rental yield in MAG 980?

MAG 980 returns 5.9% gross: a median new-contract rent of AED 80,000 a year (136 Ejari contracts in 12 months) over a price benchmark of AED 1.36M (median of 7 sales in the last 12 months, latest Aug 2026), before service charge, agency fees or vacant months.

How much does a 1 bedroom in MAG 980 cost?

The median registered sale price is AED 1.36M (1,708 AED/sqft), from 7 Dubai Land Department sales in the last 12 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 1,708 AED/sqft, across 7 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 980 risen or fallen?

Median price per square foot moved +1.1% over the last 12 months against the 12 before it, on 7 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

What is the registered annual rent for a 1 bedroom in MAG 980?

The median new annual rent is AED 80,000, from 136 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.