Building record
MAG 980 Building record · Part of MAG EYE Phase 1 · prices, sales and rents
The registered record of this tower, with project context where needed.
Developer: MAG Eye Real Estate Development - Fz
Data to 4 November 2026
- Registered sales
- 10
- Last 12 months
- Building ready median
- AED 1,707
- Per sq ft
- Project ready median
- AED 1,793
- Per sq ft
MAG 980 is a building of MAG EYE Phase 1 in Mohammed Bin Rashid City. Dubai Land Department lists the project as completed on 1 February 2023. In the last 12 months, Dubai Land Department registered 10 sales in MAG 980, worth AED 10.7M in total. The number of sales was 69.7% lower than in the 12 months before. The median price of ready homes was 1,707 AED/sqft.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.
Prices in MAG 980.
Median registered price, AED per sq ft
Show the figures
| Month | Ready (registered sales) |
|---|---|
| Nov 2023 | — |
| Dec 2023 | — |
| Jan 2024 | — |
| Feb 2024 | — |
| Mar 2024 | — |
| Apr 2024 | — |
| May 2024 | — |
| Jun 2024 | — |
| Jul 2024 | — |
| Aug 2024 | — |
| Sep 2024 | — |
| Oct 2024 | — |
| Nov 2024 | — 2 sales |
| Dec 2024 | 1,756 AED/sqft 5 sales |
| Jan 2025 | 1,854 AED/sqft 5 sales |
| Feb 2025 | 1,872 AED/sqft 7 sales |
| Mar 2025 | — 2 sales |
| Apr 2025 | — 1 sale |
| May 2025 | 1,810 AED/sqft 5 sales |
| Jun 2025 | — |
| Jul 2025 | — 3 sales |
| Aug 2025 | — |
| Sep 2025 | — 1 sale |
| Oct 2025 | — 2 sales |
| Nov 2025 | — 1 sale |
| Dec 2025 | — 2 sales |
| Jan 2026 | — 1 sale |
| Feb 2026 | — 1 sale |
| Mar 2026 | — |
| Apr 2026 | — |
| May 2026 | — |
| Jun 2026 | — 2 sales |
| Jul 2026 | — 1 sale |
| Aug 2026 | — 1 sale |
| Sep 2026 | — 1 sale |
Project-level context
MAG 980 rents and yields.
Apartment · Studio
- Ready median price
- —
- Median yearly rent
- AED 52K
- Gross yield
- Rent only
Apartment · 1 bed
- Ready median price
- AED 1.2M
- Median yearly rent
- AED 80K
- Gross yield
- Rent only
Villa or townhouse · 2 beds
- Ready median price
- —
- Median yearly rent
- AED 160K
- Gross yield
- Rent only
Villa or townhouse · 3 beds
- Ready median price
- —
- Median yearly rent
- AED 190K
- Gross yield
- Rent only
Villa or townhouse · 4 beds
- Ready median price
- —
- Median yearly rent
- AED 300K
- Gross yield
- Rent only
Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.
Sales and ready prices are this building’s. New rents are the whole project’s: Dubai Land Department rent contracts name the project, not the building. The gross yield divides the project’s rent by this building’s ready median price.
Service charges.
In the area report.
The Mohammed Bin Rashid City area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.
See the Mohammed Bin Rashid City area reportThe latest registered sales in MAG 980.
| Date | Unit | Size | Price | AED/sqft |
|---|---|---|---|---|
| 7 Sep 2026 | Apartment · Studio · Ready | 412 sqft | AED 700,000 | 1,699 |
| 4 Aug 2026 | Apartment · 1 bed · Ready | 746 sqft | AED 1,180,000 | 1,582 |
| 8 Jul 2026 | Apartment · Studio · Ready | 410 sqft | AED 700,000 | 1,707 |
| 30 Jun 2026 | Apartment · 1 bed · Ready | 746 sqft | AED 1,130,000 | 1,515 |
| 24 Jun 2026 | Apartment · 1 bed · Ready | 796 sqft | AED 1,100,000 | 1,382 |
| 9 Feb 2026 | Apartment · Studio · Ready | 410 sqft | AED 735,000 | 1,793 |
| 23 Jan 2026 | Apartment · 1 bed · Ready | 746 sqft | AED 1,425,000 | 1,910 |
| 18 Dec 2025 | Apartment · 1 bed · Ready | 796 sqft | AED 1,360,000 | 1,709 |
| 3 Dec 2025 | Apartment · Studio · Ready | 391 sqft | AED 800,000 | 2,046 |
| 10 Nov 2025 | Apartment · 1 bed · Ready | 890 sqft | AED 1,530,000 | 1,719 |
7 Sep 2026
ApartmentStudioReady412 sqft
AED 700,0001,699 AED/sqft
4 Aug 2026
Apartment1 bedReady746 sqft
AED 1,180,0001,582 AED/sqft
8 Jul 2026
ApartmentStudioReady410 sqft
AED 700,0001,707 AED/sqft
30 Jun 2026
Apartment1 bedReady746 sqft
AED 1,130,0001,515 AED/sqft
24 Jun 2026
Apartment1 bedReady796 sqft
AED 1,100,0001,382 AED/sqft
9 Feb 2026
ApartmentStudioReady410 sqft
AED 735,0001,793 AED/sqft
23 Jan 2026
Apartment1 bedReady746 sqft
AED 1,425,0001,910 AED/sqft
18 Dec 2025
Apartment1 bedReady796 sqft
AED 1,360,0001,709 AED/sqft
3 Dec 2025
ApartmentStudioReady391 sqft
AED 800,0002,046 AED/sqft
10 Nov 2025
Apartment1 bedReady890 sqft
AED 1,530,0001,719 AED/sqft
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Questions about MAG 980
What is the price per sq ft in MAG 980?
In the 12 months to 4 November 2026, the median registered sale price of ready homes was 1,707 AED/sqft.
How many homes were sold in MAG 980 in the last 12 months?
In the last 12 months, Dubai Land Department registered 10 sales in MAG 980, worth AED 10.7M in total. The number of sales was 69.7% lower than in the 12 months before. The median price of ready homes was 1,707 AED/sqft. Registered sales to 4 November 2026.
What is the rent in MAG EYE Phase 1?
In the 12 months to 4 November 2026, Apartment · Studio was the most rented home type in MAG EYE Phase 1, at a median of AED 52,000 a year over 295 new contracts.
When was MAG 980 completed?
Dubai Land Department lists the project as completed on 1 February 2023.
Where do these figures come from?
From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.
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