MAG City Meydan, also famous as MAG Eye, is a sprawling 405,750-square-meter mixed-use community developed by MAG Property Development positioned in District 7 of Mohammed Bin Rashid (MBR) City. This particular gated sanctuary is designed to provide a “city within a city” experience, combining contemporary urban architecture with extensive green landscapes. It showcases a diverse mix of residential options, including high-density luxury townhouses and stylish low-rise apartment buildings, all centered around a massive community park.
As of early 2026, the project has reached significant milestones. Phases 1 and 2, consisting of 546 townhouses plus several apartment blocks (such as MAG 980 and MAG 930), were successfully handed over in late 2023 and 2024. The development is highly regarded for its “affordable luxury” positioning, providing high-end finishes and spacious, light-filled layouts at a competitive price point compared to neighboring Downtown Dubai. Residents can now enjoy a tranquil suburban atmosphere while remaining just minutes away from Dubai’s most iconic landmarks.
Property Details
| Feature | Details |
| Developer | MAG Property Development |
| Location | Meydan District 7, MBR City |
| Property Type | Apartments (Studio, 1-2 Bed) & Townhouses (2-4 Bed) |
| Starting Price | AED 4,000,000 (For Townhouses) |
| Government Fee | 4% DLD Fee |
| Unit Status | Phase 1 & 2 Ready; Further Phases Under Construction |
| Ownership | 100% Freehold |
| Estimated Completion | Phase 1 (Completed Q4 2023); Full Project 2026 |
| Views | Dubai Skyline, Burj Khalifa, & Landscaped Gardens |
Features & Amenities
| Feature | Details |
| Community Hub | 2,360 sq. m. Clubhouse with a social lounge and coffee shop |
| Fitness & Sports | Semi-Olympic swimming pool, modern gym, and jogging/cycling tracks |
| Green Living | Over 35,000 sq. m. of public parks and manicured gardens |
| Convenience | 8,000 sq. m. of retail space including cafes and convenience stores |
| Education & Health | On-site nursery and private clinic; proximity to Kent College |
| Security | Fully gated community with 24/7 security and CCTV surveillance |
| Family Friendly | Dedicated indoor and outdoor children’s play areas and pools |
Location & Connectivity
MAG City Meydan boasts a central location with seamless access to Dubai’s arterial highways:
- 05 mins – Meydan Racecourse & Grandstand
- 08 mins – Burj Khalifa & Downtown Dubai
- 10 mins – Dubai Design District (d3)
- 12 mins – Business Bay & DIFC
- 15 mins – Dubai International Airport (DXB)
- 20 mins – Jumeirah Beach & Burj Al Arab
Payment Plan
| Stage | Percentage | Notes |
| Down Payment | 15% | At the time of booking |
| During Construction | 45% | Staged installments (for off-plan phases) |
| On Handover | 40% | Final balance due upon delivery |
Note: Some resale units and final developer stock may offer a 2-year post-handover payment plan. Contact us for the latest availability.
Floor Plans
| Unit Type | Size Range (Sq. Ft.) | Highlights |
| Studio Apartment | 391 – 420 Sq. Ft. | Smart layouts with floor-to-ceiling windows |
| 1-Bedroom Apartment | 759 – 911 Sq. Ft. | Spacious bedroom with en-suite and large balcony |
| 2-Bedroom Apartment | 1,281 Sq. Ft. | Dual-aspect units with views of the community park |
| 2-4 Bed Townhouses | 1,638 – 3,413 Sq. Ft. | Private gardens, rooftop terraces, and modern facades |
Note: All townhouses feature integrated parking for two vehicles. Full architectural brochures are available upon request.
Why Invest in MAG City Meydan
- Proven Appreciation: Since the project launch, prices in Meydan District 7 have seen a steady upward trajectory of 12–15%, driven by infrastructure growth.
- High Rental Yields: Apartments in MAG City currently generate gross yields of 6.5% to 7.2%, outperforming many established luxury districts.
- The “Meydan” Factor: Proximity to the Meydan One Mall (set to feature the world’s longest indoor ski slope) ensures long-term tenant demand.
- Gated Exclusivity: As one of the largest gated communities in MBR City, it offers a level of security and privacy that is rare at this price point.
- Future Connectivity: The planned Dubai Metro Blue Line expansion is expected to serve the Meydan area directly, further boosting property values.
FAQs About MAG City Meydan
Q1: Is the project ready to move in?
A: Yes, Phase 1 (consisting of 546 townhouses and early apartment blocks) is completed and handed over. Later phases are scheduled for completion through 2026.
Q2: Can foreigners buy property here?
A: Absolutely. MAG City is located in a designated freehold zone, allowing 100% ownership for all nationalities.
Q3: What are the annual service charges?
A: Service charges for apartments are approximately AED 14–16 per sq. ft., while townhouses average AED 3–5 per sq. ft. of plot area.
Q4: Are the units furnished?
A: Select studio and 1-bedroom apartments were sold as fully-furnished units. Most townhouses are handed over unfurnished but with high-end kitchen cabinetry.
Q5: Is it pet-friendly?
A: Yes, the vast green spaces and private gardens in the townhouse section make it one of the most pet-friendly communities in MBR City.
Contact Cresco Real Estate Today
Would you like me to provide you with a curated list of the best-priced 3-bedroom townhouse resales currently available in Phase 1 for immediate move-in?
