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MAG EYE REAL ESTATE DEVELOPMENT - FZ

MAG 980

Completed|120 units · 1 building
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MAG 980 is a completed development by MAG EYE REAL ESTATE DEVELOPMENT - FZ in Mohammed Bin Rashid City, comprising 120 registered units. 183 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,678 per sqft. At AED 1,678 per sqft, MAG 980 prices 8% below the Mohammed Bin Rashid City median of AED 1,815 per sqft on registered sales.

PIX© price · ↓5.1% YoY
832KAED
Typical
1,678AED
PSF
Gross yield
6.6%
PIX© rent ÷ PIX© price
Sale records
183
DLD · all time
Rent contracts
175
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 3
…

Studio on Floor 3, MAG 980

Size
Record
May 2021 to Dec 2025
Owners
4
Tenants
1
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
1Tenant 114 Dec 2025
Owner 4
4Owner 424 Jun 20242.2 yrs
Current owner
3Owner 32 May 202314 mo
2Owner 22 Mar 202214 mo
1Owner 116 May 202110 mo
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Studio · Floor 3 · MAG 980
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MAG 980

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
385 - 890 sqft
120832K1,678↓5.1%55K6.6%
Studio · Apartment
385 - 453 sqft
88
1 Bed · Apartment
746 - 890 sqft
32
Sales - Project-Wide183 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 980 · Floor 3412700,0001,700+45.8%StandardStandard Sale
4 Aug 20261 BedMAG 980 · Floor 47461,180,0001,582-17.4%StandardPayment Plan Sale
7 Jul 2026StudioMAG 980 · Floor 1410700,0001,707+50.3%StandardStandard Sale
Rentals - Project-Wide175 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
18 Sep 20261 BedMAG 980 · Floor 374664,00086-Entry LevelCONTRACT
17 Sep 2026StudioMAG 980 · Floor 741345,000109-Entry LevelCONTRACT
15 Sep 20261 BedMAG 980 · Floor 886178,00091-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 980

Answered from Dubai Land Department registered transactions.

How much does a property in MAG 980 cost?

Property in MAG 980 sells at a current PIX© price of AED 1,678 per sqft, or about AED 832,202 for a typical unit, based on 183 sales registered with the Dubai Land Department.

Is MAG 980 completed?

Yes. MAG 980 is recorded as completed in the Dubai Land Department project register.

Who is the developer of MAG 980?

MAG 980 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 980?

MAG 980 yields 6.6% gross, calculated from current PIX© rent against current PIX© sale price, across 175 registered Ejari contracts.

How many units are in MAG 980?

MAG 980 holds 120 registered units, per the Dubai Land Department unit register.

Have prices in MAG 980 gone up or down?

Price per sqft has fallen -5.1% over the last 12 months, to AED 1,678, across 183 registered sales.