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Under Construction
Q4 2021
N/A
Freehold
Standard
Decision Support
Live market context for Mag City from DLD registered transactions and active listings.
From AED 3.1M
Asking range tracked from 1 active listings across portals and developer releases.
40% pre-handover
10% First Installment · 30% Under Construction · 20% On Handover · 40% Post Handover
60% on handover
AED 1,812
Mohammed Bin Rashid City 12-month registered-sales median price per square foot.
Avg AED 2,005 / sqft
777 sales
AED 5.7B traded in Mohammed Bin Rashid City over the last 12 months.
341 sales in 6 months
74.3% share
74.3% of Mohammed Bin Rashid City sales in the last 12 months were off-plan transactions.
Buyer demand signal
+18.7% YoY
Area price-per-sqft movement is a market benchmark, not a return guarantee.
| Detail | Info | |---|---| | Developer | MAG Group (MAG Property Development) | | Location | District 7, Meydan (Mohammed Bin Rashid City), Dubai | | Status | Partially Delivered — Apartments Ready; Townhouses Phased | | Property Types | Studio/1BR/2BR Apartments; 2BR/3BR/4BR Townhouses | | Size Range | 308–472 sqft (Studio) / 755–908 sqft (1BR) / 1,636 sqft (2BR Townhouse) / 2,012 sqft (3BR TH) / 5,000 sqft (4BR TH) | | Price Range | AED 770,000 – AED 1,512,000 | | Payment Plan | 10% Down / 30% During Construction / 20% On Handover / 40% Post-Handover | | Views | Downtown Dubai, Meydan Racecourse, Dubai Skyline, Park View | | Title | Freehold |
MAG City — also known as MAG EYE — is one of Mohammed Bin Rashid City's most strategically designed master communities, conceived by the MAG Group as a genuine "city within a city": a self-sufficient, mixed-use residential destination where apartments, townhouses, parks, retail, and community infrastructure converge within a single, walkable masterplan.
Launched in Q1 2018 and located in District 7 of Meydan (MBR City), MAG City serves one of Dubai's most underserved residential demands — affordable, well-connected, community-oriented housing within striking distance of Downtown Dubai. With studios from AED 770,000 and a rare post-handover payment plan that defers 40% of the total price until after keys are received, MAG City has attracted a broad investment and end-user base spanning young professionals, growing families, and capital-efficient investors.
The community is positioned with views across the Meydan Racecourse, the Downtown Dubai skyline, and the MBR City parkland — a visual panorama that consistently underprices itself relative to what comparable views command in Dubai Marina or Business Bay.
District 7, MBR City is one of Dubai's most precisely positioned residential zones — central to the city, adjacent to Downtown, and connected to both the airport corridor and the southern community developments. Residents of MAG City enjoy a proximity to Downtown Dubai that few comparable-price communities can rival.
Proximity Table
| Destination | Drive Time | |---|---| | Downtown Dubai / Burj Khalifa | ~10–15 minutes | | Dubai Mall | ~12 minutes | | Meydan Racecourse | ~5–10 minutes | | DIFC (Dubai International Financial Centre) | ~15 minutes | | Dubai International Airport (DXB) | ~15–20 minutes | | Business Bay | ~15 minutes | | Dubai Design District (d3) | ~15 minutes | | Al Khail Road (E44) | ~5 minutes | | Sheikh Mohammed bin Zayed Road (E311) | ~10 minutes |
Highway Access: Al Khail Road (E44) provides direct northbound access to Downtown and the airport, and southbound access to Dubai Hills and the outer southern communities. Sheikh Mohammed bin Zayed Road (E311) provides additional east-west connectivity.
Skyline Views: Upper-floor apartments and townhouse rooftop terraces command views across the MBR City parkland, the Meydan Hotel and Racecourse grandstand, and the full Downtown Dubai skyline including the Burj Khalifa — a visual experience that fundamentally elevates the lifestyle quality of the community beyond what its price point would suggest.
MAG City is planned around the principle that residents should not need to leave the community for their daily needs. The master plan delivers on this with a comprehensive set of on-site amenities and infrastructure:
Green Spaces and Outdoor
Aquatic and Fitness
Retail and Daily Convenience
Schools and Education
Community Services
MAG City offers one of the broadest product ranges of any Dubai master community at this price point:
Apartments
| Type | Size Range | Starting Price | |---|---|---| | Studio | 308–472 sq ft | From AED 770,000 | | 1 Bedroom | 755–908 sq ft | From ~AED 1,100,000 | | 2 Bedroom (Apt) | Mid-range | From ~AED 1,400,000 |
The apartment range spans some of the smallest studio configurations in Dubai (308 sq ft) through generously proportioned 1BR units at up to 908 sq ft — noticeably larger than the JVC average for 1BR apartments. The diversity of studio size variants (15 different floor plans listed) reflects the developer's intent to optimise price accessibility across different buyer budgets.
Townhouses
| Type | Size | Character | |---|---|---| | 2BR Townhouse | 1,636 sq ft | Multi-level, private garden | | 3BR Townhouse | 2,012 sq ft | Family format, garden, parking | | 4BR Townhouse | 5,000 sq ft | Premium estate, extensive outdoor space |
The townhouse range is the community's most distinctive product — multi-level homes with private gardens and dedicated parking that offer villa-like proportions within a master-planned community context. The 4BR townhouse at 5,000 sq ft is an exceptional offering at the community's price point, delivering near-mansion scale to families seeking space without the ultra-luxury price tag.
| Milestone | Percentage | |---|---| | Down Payment (First Installment) | 10% | | During Construction | 30% | | On Handover | 20% | | Post-Handover | 40% |
The post-handover payment plan is MAG City's most investor-friendly structural feature. By deferring 40% of the total purchase price to after key handover, the developer enables buyers to:
This structure makes MAG City one of Dubai's most capital-efficient off-plan investments, particularly for buyers seeking maximum financial leverage.
MAG City's elevation and plot positioning within District 7 delivers one of Meydan's most complete view packages:
| View | Detail | |---|---| | Downtown Dubai | Burj Khalifa and full Downtown cluster visible from upper floors | | Meydan Racecourse | Direct sightline to the iconic grandstand and racing track | | Dubai Skyline | Business Bay and Sheikh Zayed Road tower cluster in panorama | | Al Khail Road | The illuminated highway corridor at night | | MBR City Parkland | Community parks and green open space |
Few communities at MAG City's price range deliver this quality of urban panorama — the Downtown Dubai view alone typically commands a significant premium in towers positioned within the Downtown precinct.
Why MAG City performs:
Downtown proximity at suburban pricing — at AED 770K–1.5M for studios and 1BR apartments with Meydan Racecourse and Downtown Dubai views, MAG City provides location access that towers within 2 kilometres of Burj Khalifa charge AED 2M+ to replicate.
Post-handover plan = maximum yield leverage — the 40% deferred payment structure allows investors to lease the property and collect rent before completing full payment, effectively generating yield on capital that hasn't yet been fully deployed.
MBR City master plan appreciation — as MBR City's infrastructure (parks, schools, retail, hotels, the Crystal Lagoon) continues to deliver, all existing residential properties within District 7 benefit from the progressive improvement of their surrounding environment.
Diverse tenant pool — the community's mix of studio-to-4BR townhouse product attracts a diverse tenant base spanning single professionals, couples, small families, and large families — reducing vacancy risk compared to single-product developments.
Meydan Racecourse adjacency — Meydan is becoming one of Dubai's premier lifestyle districts, with the racecourse, the Meydan Hotel, and the Meydan One Mall (under development) collectively establishing an entertainment and hospitality anchor that supports all residential valuations in the area.
Rental Yield Context (MBR City/Meydan Studio): Studio apartments in Meydan have achieved AED 55,000–75,000 per annum in annual rents, representing gross yields of approximately 7%–9.7% on AED 770,000–800,000 entry prices — among the strongest in Dubai at this absolute price point.
MAG Group is one of the UAE's largest diversified conglomerates with operations spanning real estate, manufacturing, industrial, and technology sectors. MAG Property Development — the real estate arm — has delivered multiple MBR City projects including MAG Eye, MAG Park, and MAG 318. The group's scale provides financial security and delivery confidence that smaller developers cannot match.
MAG City (MAG EYE) in MBR City District 7 is one of Dubai's most intelligently structured master-planned residential communities — a self-sufficient, mixed-use development offering studios from AED 770,000 with views of Downtown Dubai, Meydan Racecourse, and the Dubai skyline, alongside 4BR townhouses delivering 5,000 sq ft of family space at competitive Meydan price points. The community's post-handover payment plan (40% deferred until after key handover), community parks, retail, and school proximity make it an exceptional proposition for yield-focused investors and quality-seeking families alike in one of Dubai's most strategically positioned mid-city addresses.
Strategic location in Mohammed Bin Rashid City with growth potential
Investment starts from AED 840K
Developed by MAG
Expected completion: Q4 2021
Good rental potential in this developing area
Located in Mohammed Bin Rashid City, offering excellent connectivity and access to key destinations
Features include Gym, Security, Supermarket Nearby, Central A/C, Children's Pool and more
Attractive payment options available for investors and homebuyers
Built by MAG with premium finishes and materials
Ready-to-move-in with immediate rental potential
Developer payment schedule for Mag City.
10%
First Installment
30%
Under Construction
20%
On Handover
40%
Post Handover
Availability check
Get current release, stack, floor, and view pricing from our advisors.






Gym
Security
Supermarket Nearby
Central A/C
Children's Pool
Shared Pool
Covered Parking
Landmark View
Children Play Area
Mosque / Prayer Room
Community Center
Al Khail Road
Downtown Dubai
Meydan Racecourse
Sheikh Mohammad Bin Zayed Road
Community View
Dubai Skyline
Park View
Studio
308 Sq Ft
Studio
308 Sq Ft
Studio
383 Sq Ft
Studio
385 Sq Ft
Studio
391 Sq Ft
Studio
391 Sq Ft
Studio
398 Sq Ft
Studio
398 Sq Ft
Studio
414 Sq Ft
Studio
414 Sq Ft
Studio
418 Sq Ft
Studio
418 Sq Ft
Studio
430 Sq Ft
Studio
439 Sq Ft
Studio
472 Sq Ft
1 Bedroom
755 Sq Ft
1 Bedroom
798 Sq Ft
1 Bedroom
805 Sq Ft
1 Bedroom
805 Sq Ft
1 Bedroom
846 Sq Ft
1 Bedroom
873 Sq Ft
1 Bedroom
908 Sq Ft
2 Bedroom
1,636 Sq Ft
3 Bedroom
2,012 Sq Ft
4 Bedroom
5,000 Sq Ft
DLD Market Data
Mohammed Bin Rashid City recorded 777 DLD-registered sales worth AED 5.7B over the last 12 months, with a median price of AED 1,812 per square foot. 74.3% of those sales were off-plan, and prices moved +18.7% year-on-year.
Discover the exceptional location of Mag City in Mohammed Bin Rashid City, offering unparalleled access to Dubai's finest destinations.
Get DirectionsMag City by MAG in Mohammed Bin Rashid City starts from AED 3,100,000. Prices vary based on unit type, floor, and view. Contact our team for detailed pricing across all available layouts and current promotional offers.
Mag City offers a 10% First Installment payment structure. Typical plans include an initial booking deposit, installments during construction, and final payment on handover. Our consultants can explain the specific payment schedule and help you plan your investment.
Mag City is scheduled for completion in Q4 2021. Construction is progressing on schedule. Buyers can track progress through regular developer updates.
Mag City by MAG in Mohammed Bin Rashid City offers strong investment potential. Mohammed Bin Rashid City is one of Dubai's sought-after locations with consistent demand from both residents and investors. The project's location, developer reputation, and payment plan make it attractive for both end-users and investors seeking rental yields or capital appreciation.
Mag City is developed by MAG, an established property developer in Dubai's real estate market. All developers in Dubai are regulated by RERA to ensure buyer protection.
Mag City offers world-class amenities including Gym, Security, Supermarket Nearby, Central A/C, Children''s Pool and 6 more facilities. These amenities are designed to provide residents with a premium lifestyle experience.