MAG 980

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by MAG
120
Total Units
120
Sold
⃃ 647,500
Median Price
⃃ 1,480
Median Price /sqft
Construction progress: 100%
Start: Mar, 2018Completion: Aug, 2024

MAG 980 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio88380 sqft - 450 sqft⃃ 0.7M (1,710 /sqft)⃃ 1,920 /sqft
-11
1 Bed32750 sqft - 890 sqft⃃ 1.4M (1,710 /sqft)⃃ 2,360 /sqft
-27.65

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Combination: Property price over months
MAG 980Hadaeq Sheikh Mohammed Bin Rashid
Oct 2020—1.1K
Nov 2020—1.2K
Dec 2020—1.1K
Jan 20211.0K1.1K
Feb 20211.0K1.1K
Mar 20211.0K1.1K
Apr 20211.1K1.1K
May 20211.1K1.3K
Jun 20219551.2K
Jul 20211.2K1.2K
Aug 20211.2K1.4K
Sep 20211.0K1.4K
Oct 20211.2K1.3K
Nov 2021—1.5K
Dec 20211.1K1.4K
Jan 2022—1.5K
Feb 20221.5K1.5K
Mar 20221.3K1.5K
Apr 20221.3K1.5K
May 20221.5K1.5K
Jun 2022—1.5K
Jul 20221.5K1.6K
Aug 2022—1.5K
Sep 2022—1.8K
Oct 20221.8K1.8K
Nov 20221.5K1.8K
Dec 2022—1.8K
Jan 2023—1.9K
Feb 2023—1.7K
Mar 20231.5K1.9K
Apr 20231.5K2.0K
May 20231.4K1.9K
Jun 20231.4K1.9K
Jul 20231.3K1.9K
Aug 20231.4K1.9K
Sep 2023—2.0K
Oct 2023—2.0K
Nov 20231.5K2.1K
Dec 20231.5K2.1K
Jan 20241.3K2.2K
Feb 20241.6K2.2K
Mar 2024—2.1K
Apr 20241.5K2.2K
May 20241.5K2.3K
Jun 20241.6K2.2K
Jul 20241.6K2.4K
Aug 20241.7K2.2K
Sep 20241.9K2.4K
Oct 2024—2.4K
Nov 20241.8K2.3K
Dec 20241.8K2.2K
Jan 20251.9K2.3K
Feb 20251.9K2.4K
Mar 20251.8K2.4K
Apr 20251.6K2.5K
May 20251.8K2.4K
Jun 2025—2.4K
Jul 20251.7K2.6K
Aug 2025—2.4K
Sep 20251.8K2.3K
Oct 20251.8K2.3K
Nov 20251.7K2.5K
Dec 20251.9K2.5K
Jan 20261.9K2.5K
Feb 20261.8K2.4K
Mar 2026—2.5K
Apr 2026—2.4K
May 2026—2.4K
Jun 20261.4K2.2K
Jul 20261.7K2.3K
Aug 20268272.2K
Sep 20261.7K2.4K
Oct 2026—2.3K

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
No data found

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
1Apartment746 sqft14.74 sqft⃃ 1,350,000⃃ 1,810 /sqft23, Dec 2024
1Apartment796 sqft14.74 sqft⃃ 1,278,300⃃ 1,606 /sqft29, Mar 2023
1Apartment861 sqft21.72 sqft⃃ 1,250,000⃃ 1,452 /sqft02, Jan 2025
1Apartment890 sqft9.77 sqft⃃ 850,000⃃ 955 /sqft01, Sep 2021
StudioApartment410 sqft7.51 sqft⃃ 700,000⃃ 1,707 /sqft07, Jul 2026
StudioApartment385 sqft7.17 sqft⃃ 655,000⃃ 1,701 /sqft17, Feb 2025
StudioApartment407 sqft7.47 sqft⃃ 640,000⃃ 1,572 /sqft01, Jul 2024
StudioApartment391 sqft7.17 sqft⃃ 620,000⃃ 1,586 /sqft16, Sep 2024
StudioApartment453 sqft11.37 sqft⃃ 490,000⃃ 1,172 /sqft25, Jul 2023
StudioApartment410 sqft7.51 sqft⃃ 485,000⃃ 1,183 /sqft14, Jul 2021
StudioApartment408 sqft7.51 sqft⃃ 480,000⃃ 1,176 /sqft14, Jul 2021
StudioApartment446 sqft10.99 sqft⃃ 480,000⃃ 1,076 /sqft14, Jul 2021
StudioApartment391 sqft7.17 sqft⃃ 480,000⃃ 1,228 /sqft13, Apr 2021
StudioApartment412 sqft7.51 sqft⃃ 421,000⃃ 1,022 /sqft02, Feb 2021
StudioApartment391 sqft7.17 sqft⃃ 400,000⃃ 1,023 /sqft16, Aug 2021

MAG 980 Real Estate Data – FAQ

  • What is the current property supply in MAG 980?

    MAG 980 has a total residential supply of approximately 41 units. This represents completed and available inventory within the area.

  • How active is the real estate market in MAG 980?

    MAG 980 recorded 12 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

  • What is the average price /sqft in MAG 980?

    The median transaction price in MAG 980 is ⃃ 1,710 /sqft , based on actual recorded sales transactions, not listing prices.

  • What rental yield can investors expect in MAG 980?

    The gross rental yield in MAG 980 is approximately 8%, calculated using median rental income divided by median sale prices for comparable properties.

  • How much have property prices increased in MAG 980?

    Property prices in MAG 980 have shown a capital appreciation of -5.5% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

  • How many off-plan projects are currently in MAG 980?

    There are currently 0 active off-plan projects in MAG 980, reflecting strong developer activity and future supply pipeline.

  • What is the future supply pipeline in MAG 980?

    The total off-plan pipeline in MAG 980 includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

  • Is MAG 980 a good area for property investment?

    MAG 980 is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around 8%, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In MAG 980, this is 8%, indicating relatively strong income performance compared to global markets.