PropertyIndex

Mag 970

Completed|96 units · 1 building

Mag 970 is a completed development by MAG EYE REAL ESTATE DEVELOPMENT - FZ in Mohammed Bin Rashid City, comprising 96 registered units. 134 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,511 per sqft. At AED 1,511 per sqft, Mag 970 prices 23% below the Mohammed Bin Rashid City median of AED 1,962 per sqft on registered sales.

PIX© price · 15.5% YoY
963KAED
Typical
1,511AED
PSF
Gross yield
6.4%
PIX© rent ÷ PIX© price
Sale records
134
DLD · all time
Rent contracts
129
Ejari · all time
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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.

Floor
Units on floor 8

1 Bed on Floor 8, Mag 970

Size
Record
Feb 2022 to Jul 2026
Owners
3
Tenants
1
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
1Tenant 19 Jul 2026
Renewal
Owner 3
1Tenant 19 Jul 202512 mo
Owner 3
3Owner 324 Jan 202520 mo
Current owner
Mortgage
2Owner 215 Aug 20245 mo
1Owner 19 Feb 20222.5 yrs
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1 Bed · Floor 8 · Mag 970
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Mag 970

Units

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

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
408 - 909 sqft
96963K1,51115.5%62K6.4%
Studio · Apartment
408 - 413 sqft
40
1 Bed · Apartment
746 - 909 sqft
56
Sales - Project-Wide134 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
7 Sep 2026StudioMag 970 · Floor 6411600,0001,459+5.4%StandardStandard Sale
17 Jun 20261 BedMag 970 · Floor 47931,200,0001,513+47.1%StandardStandard Sale
13 Apr 2026StudioMag 970 · Floor 8413640,0001,550-19.6%StandardStandard Sale
Rentals - Project-Wide129 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
23 Feb 2027StudioMag 970 · Floor 140955,000134-StandardCONTRACT
26 Sep 20261 BedMag 970 · Floor 279373,00092-Entry LevelCERTIFICATE
15 Sep 20261 BedMag 970 · Floor 679380,000101-StandardCONTRACT

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Mohammed Bin Rashid City

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

Common questions about Mag 970

Answered from Dubai Land Department registered transactions.

How much does a property in Mag 970 cost?

Property in Mag 970 sells at a current PIX© price of AED 1,511 per sqft, or about AED 963,222 for a typical unit, based on 134 sales registered with the Dubai Land Department.

Is Mag 970 completed?

Yes. Mag 970 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Mag 970?

Mag 970 is developed by MAG EYE REAL ESTATE DEVELOPMENT - FZ, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Mag 970?

Mag 970 yields 6.4% gross, calculated from current PIX© rent against current PIX© sale price, across 129 registered Ejari contracts.

How many units are in Mag 970?

Mag 970 holds 96 registered units, per the Dubai Land Department unit register.

Have prices in Mag 970 gone up or down?

Price per sqft has fallen -15.5% over the last 12 months, to AED 1,511, across 134 registered sales.