MAG Eye 890

1. Does it pay a good rent?7.1% gross, before the service charge (not on file) (Dubai median 6.8%)7.1%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 1,754/sqft a year ago, 1,875 now+6.9%Strength
4. How fast do fees pay back?AED 51,475 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 (21 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 72% for buyers 5 years ago; up 80% for launch buyers, before fees+71.8%Context

10 resales in the last 12 months, against 16 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 · Studio
  9 registered sales in 12 months
  On record
• Rental evidence · Studio
  273 new and 109 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 4 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 Eye 890?

MAG Eye 890 returns 7.1% gross: a median new-contract rent of AED 55,000 a year (273 Ejari contracts in 12 months) over a price benchmark of AED 775,000 (median of 9 sales in the last 12 months, latest May 2026), before service charge, agency fees or vacant months.

How much does a studio in MAG Eye 890 cost?

The median registered sale price is AED 775,000 (1,875 AED/sqft), from 9 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

What are apartments in MAG Eye 890 selling for right now?

Registered sales of ready units in MAG Eye 890 over the last 12 months have a median of 1,875 AED/sqft, across 9 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 Eye 890 risen or fallen?

Median price per square foot moved +6.9% over the last 12 months against the 12 before it, on 9 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

How does MAG Eye 890 compare with MAG City?

Its 7.1% 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.