MAG City area in Dubai - prices, rents and cap rates

Cap rates for projects in MAG City area in Dubai

Data as of December 2025

Project	Sale price, AED/sqm	Rent, AED/sqm/ year	Cap rate
MAG Eye	19,013	1,365	7.2%

The cap rate (rental yield) in MAG City is 7.2%.

Sales prices for off-plan (pre registration and delayed sell) properties in MAG City

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	77	16,078	1,230,000

Sales prices for completed properties in MAG City

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	39	20,050	775,286
1	74	18,632	1,370,000

Rents in MAG City

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	38	1,504	57,368
1	74	1,234	90,925
2	118	1,237	146,000

Price for off-plan 1 bedroom apartment in MAG City is 1,230,000 AED or 16,078 AED/sqm.

Price for completed Studio apartment in MAG City is 775,286 AED or 20,050 AED/sqm.
Price for completed 1 bedroom apartment in MAG City is 1,370,000 AED or 18,632 AED/sqm.

Rent for Studio apartment in MAG City is 57,368 AED or 1,504 AED/sqm.
Rent for 1 bedroom apartment in MAG City is 90,925 AED or 1,234 AED/sqm.
Rent for 2 bedroom apartment in MAG City is 146,000 AED or 1,237 AED/sqm.

Residential property projects in MAG City

Off-plan	Ready
-	MAG Eye

Share of off-plan projects in sales in MAG City is 0%

Sales and rents in MAG City in December 2025

Project name	Sale price, AED/sqm	Pre. reg sales	Delayed sales	Sales	Rent, AED/sqm/ year	Rent contracts
MAG Eye	19,013		1	9	1,365	64

Cap rate (or rental yield) - gross capitalization rate based on long term rentals, before taxes, fees and service charges and without accounting for delays between long term rentals. Shown average prices and rents.