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. 2,719 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,141 per sqft. At AED 2,141 per sqft, MAG City prices in line with the Mohammed Bin Rashid City median of AED 2,120 per sqft on registered sales.

PIX© price · ↓6.9% YoY

3.55MAED

Typical

2,141AED

PSF

Gross yield

3.2%

PIX© rent ÷ PIX© price

Sale records

2,719

DLD · all time

Rent contracts

2,290

Ejari · all time

Explore locations

10 inside MAG City

MAG Eye

1,019 sales · 1,074 rentals

MAG 890

184 sales · 182 rentals

MAG 980

183 sales · 175 rentals

Mag 910

190 sales · 159 rentals

MAG 930

182 sales · 163 rentals

MAG 900

174 sales · 154 rentals

Keturah Reserve

317 sales · 0 rentals

MAG 920

161 sales · 135 rentals

Mag 970

134 sales · 129 rentals

MAG 960

122 sales · 119 rentals

SATELLITE

LocationMohammed Bin Rashid City

Drive times · typical

Downtown Dubai13 min · 8.7 km

DXB Airport19 min · 21.5 km

DIFC18 min · 12.7 km

Dubai Marina25 min · 24.1 km

Palm Jumeirah26 min · 26.4 km

Nearest · straight-line

Metro stationOnpassive Metro Station5.7 km

MallBharatSouq2.2 km

SchoolBilingual French International School ICE | Lycée Français Bilingue International ICE1.9 km

HospitalEverwell0.6 km

Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Property family

Building

Floor

Units on floor 4

…

Studio on Floor 4, Mag 920

Size
Record: Jun 2019 to Apr 2026
Owners: 4
Tenants: 2
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
2Tenant 2	5 Apr 2026		Owner 4
1Tenant 1	1 Jan 2025	13 mo	Owner 4
4Owner 4	7 May 2024	2.4 yrs	Current owner
3Owner 3	9 Sep 2023	8 mo
2Owner 2	10 Aug 2022	13 mo
1Owner 1	27 Jun 2019	3.1 yrs

PIX© Airbnb Calculator

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

Studio · Floor 4 · Mag 920

Nightly rateAED

Occupancy (237 nights)

Fees (optional)

Management, cleaning, platform fees: a percent of revenue, or a yearly amount.

Enter a nightly rate to test your scenario against this unit’s record.

MAG City2,141AED/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	3.55M	2,141	↓6.9%		113K	3.2%
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	266
4 Bed · Villa 2,499 - 5,064 sqft	106
5 Bed · Villa 3,895 - 4,927 sqft	8			-		-	-
Villa (Bedrooms Unknown) 1,187 - 3,675 sqft	81					-	-
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-Wide2,719 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	Unit No.	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
10 Sep 2026		3 Bed	MAG Eye	1,392	3,630,000	2,609	-	Standard	Standard Sale
8 Sep 2026	—	—	MAG City	6,903	10,000,000	1,449	+27.1%	Standard	Standard Sale
7 Sep 2026		Studio	Mag 970 · Floor 6	411	600,000	1,459	+5.4%	Standard	Standard Sale

Rentals - Project-Wide2,290 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
1 Nov 2026	3 Bed	MAG Eye	1,725	220,000	128	-	Premium	CONTRACT
10 Oct 2026	2 Bed	MAG Eye	1,425	175,000	123	-	Standard	CONTRACT

Comparables

This project

—

Compared with

Keturah Reserve

PIX© PSF

—

Rank

—

#1 of 6

Typical price

—

Yield

—

Units

—

551

Sales

—

316

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	316	—
The Highbury ELLINGTON PROPERTIES DEVELOPMENT L.L.C · U/C · Off-plan pricing	342	373	—
Sobha Hartland SOBHA REALTY · Completed · Off-plan pricing	10,787	7,744	12,527
District One DUBAI HOLDING (L.L.C) · Completed · Off-plan pricing	3,369	2,207	3,204
Kensington Waters ELLINGTON PROPERTIES DEVELOPMENT L.L.C · Completed · Off-plan pricing	311	238	269
Kensington Waters A ELLINGTON PROPERTIES DEVELOPMENT L.L.C · Completed · Off-plan pricing	160	138	138

Community median 2,120 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.

Sobha HartlandAED 2,120/sqft
The HighburyAED 2,176/sqft
District OneAED 2,103/sqft
Kensington WatersAED 2,053/sqft
Kensington Waters AAED 2,044/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 2,141 per sqft, or about AED 3,547,119 for a typical unit, based on 2,719 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 3.2% gross, calculated from current PIX© rent against current PIX© sale price, across 2,290 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 -6.9% over the last 12 months, to AED 2,141, across 2,719 registered sales.