MAG City

Under Construction · Date not reported|2,243 units · 2 towers · 12 buildings · 787 villas

MAG City is an under-construction development in Mohammed Bin Rashid City, comprising 2,243 registered units. 2,721 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,193 per sqft. At AED 2,193 per sqft, MAG City prices in line with the Mohammed Bin Rashid City median of AED 2,180 per sqft on registered sales.

PIX© price · ↓0.7% YoY

3.64MAED

Typical

2,193AED

PSF

Gross yield

3.1%

PIX© rent ÷ PIX© price

Sale records

2,721

DLD · all time

Rent contracts

2,397

Ejari · all time

Explore locations

10 inside MAG City

MAG Eye

1,020 sales · 1,121 rentals

MAG 890

184 sales · 190 rentals

MAG 980

183 sales · 177 rentals

MAG 930

183 sales · 173 rentals

Mag 910

190 sales · 164 rentals

MAG 900

174 sales · 166 rentals

Keturah Reserve

318 sales · 0 rentals

MAG 920

161 sales · 142 rentals

Mag 970

134 sales · 137 rentals

MAG 960

123 sales · 127 rentals

Location data © OpenStreetMap contributors

SATELLITE

LocationMohammed Bin Rashid City

Drive times · typical

Downtown Dubai12 min · 8.6 km

DXB Airport17 min · 21.5 km

DIFC17 min · 12.6 km

Dubai Marina24 min · 24.1 km

Palm Jumeirah24 min · 26.4 km

Nearby · straight-line

Metro stationBusiness Bay5.5 km

MallAl Khail Mall3.9 km

SchoolSpringdales Indian School Dubai3.1 km

HospitalKings Hospital4.9 km

Exclusive to PropertyIndex©

PIX© Unit History

Browse the tracked homes, or select a position in any table below, to follow one through every registered owner and tenant.

Property family

Type

Houses with a record

…

2 Bed, MAG Eye

Size
Record: Mar 2021 to Oct 2026
Owners: 4
Tenants: 3
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
3Tenant 3	1 Oct 2026		Owner 4
2Tenant 2	1 Oct 2025	12 mo	Owner 4
4Owner 4	25 Jun 2025	15 mo	Current owner Sold with tenant in place
1Tenant 1	1 Sep 2024	13 mo	Owner 3
3Owner 3	4 Sep 2023	22 mo
2Owner 2	28 Mar 2022	17 mo
1Owner 1	18 Mar 2021	12 mo

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

2 Bed · MAG Eye

Nightly rateAED

Occupancy (237 nights)

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MAG City2,193AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide 123 - 5,319 sqft	2,243	3.64M	2,193	↓0.7%		114K	3.1%
Residential
Studio · Apartment 385 - 471 sqft	600
1 Bed · Apartment 746 - 1,381 sqft	504
2 Bed · Apartment 1,268 - 3,755 sqft	296					-	-
3 Bed · Apartment 2,876 - 3,037 sqft	16			-		-	-
4 Bed · Apartment 4,173 - 5,034 sqft	21			-		-	-
2 Bed · Villa 1,186 - 1,481 sqft	326
3 Bed · Villa 1,187 - 3,510 sqft	267
4 Bed · Villa 2,499 - 5,064 sqft	106
5 Bed · Villa 3,895 - 4,927 sqft	8			-		-	-
Villa, bedrooms not recorded 1,187 - 3,691 sqft	80					-	-
Commercial
Clinic 2,645 - 5,319 sqft	7	-	-	-	-	-	-
Shop 3,072 - 3,357 sqft	11	-	-	-	-	-	-
Warehouse 123 sqft	1	-	-	-	-	-	-
Land
Land 5,156 - 68,171 sqft	-					-	-

Sales - Project-Wide2,721 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
5 Oct 2026	3 Bed	MAG Eye	1,460	3,789,000	2,594	+153.0%	Standard	Standard Sale
2 Oct 2026	Studio	Mag 930 · Floor 8	416	725,000	1,742	+31.9%	Standard	Standard Sale
25 Sep 2026	Not recorded	—	2,584	9,600,000	3,716	+6.2%	Standard	Off-Plan Sale

Rentals - Project-Wide2,397 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
23 Feb 2027	Studio	Mag 970 · Floor 1	409	55,000	134	-	Standard	CONTRACT
24 Dec 2026	Studio	Mag 930 · Floor 4	414	50,137	121	-	Standard	CERTIFICATE
1 Nov 2026	3 Bed	MAG Eye	1,725	220,000	128	-	Premium	CONTRACT

Comparables

This project

—

Compared with

Keturah Reserve

PIX© PSF

—

Rank

—

#1 of 6

Typical price

—

Yield

—

Units

—

551

Sales

—

317

Rents

—

Developer

—

MAG PARK REAL ESTATE DEVELOPMENT L.L.C-FZ

Handover

—

U/C

Project	Units	Sales	Rents
Keturah Reserve MAG PARK REAL ESTATE DEVELOPMENT L.L.C-FZ · U/C · Off-plan pricing	551	317	—
District One DUBAI HOLDING (L.L.C) · Completed · Off-plan pricing	3,369	2,205	3,298
The Highbury ELLINGTON PROPERTIES DEVELOPMENT L.L.C · U/C · Off-plan pricing	342	374	—
Kensington Waters ELLINGTON PROPERTIES DEVELOPMENT L.L.C · Completed · Off-plan pricing	311	213	281
Sobha Hartland SOBHA REALTY · Completed · Off-plan pricing	10,787	7,613	12,876
Kensington Waters A ELLINGTON PROPERTIES DEVELOPMENT L.L.C · Completed · Off-plan pricing	160	121	147

Community median 2,180 AED/sqft. All 6 qualifying community peers shown. 16 community projects excluded for insufficient recorded sales. 17 excluded for trading only in the ready market. 53 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Mohammed Bin Rashid City

The closest-priced registered projects in Mohammed Bin Rashid City.

The HighburyAED 2,180/sqft
District OneAED 2,222/sqft
Kensington WatersAED 2,054/sqft
Sobha HartlandAED 2,053/sqft
Kensington Waters AAED 2,044/sqft
Keturah ReserveAED 3,066/sqft

Common questions about MAG City

Answered from Dubai Land Department registered transactions.

How much does a property in MAG City cost?

Property in MAG City sells at a current PIX© price of AED 2,193 per sqft, or about AED 3,635,352 for a typical unit, based on 2,721 sales registered with the Dubai Land Department.

When is MAG City handing over?

MAG City is under construction in the Dubai Land Department project register. No handover date is on record.

What is the rental yield in MAG City?

MAG City yields 3.1% gross, calculated from current PIX© rent against current PIX© sale price, across 2,397 registered Ejari contracts.

How many units are in MAG City?

MAG City holds 2,243 registered units across 2 towers, per the Dubai Land Department unit register.

Have prices in MAG City gone up or down?

Price per sqft has fallen -0.7% over the last 12 months, to AED 2,193, across 2,721 registered sales.