MAG Eye Apartments, a major residential component of the MAG City masterplan, is a sophisticated urban project developed by MAG Property Development. Strategically positined in District 7 of Mohammed Bin Rashid (MBR) City, this particular gated community is designed to provide a tranquil yet connected lifestyle. The project focuses on “affordable luxury,” providing high-quality living spaces that cater to the needs of modern professionals and small families.
As of February 2026, the apartment buildings in MAG Eye (including specific blocks like MAG 930, 960, and 980) are ready for occupancy, with primary handover having commenced in late 2021. The community is celebrated for its walkable design, showcasing the city’s largest community clubhouse and vast green spaces. Residents can now enjoy stunning views of the Burj Khalifa and the Dubai skyline, all while being located in one of the most prestigious equestrian and residential districts in the world.
Property Details
| Feature | Details |
| Developer | MAG Property Development |
| Location | District 7, MBR City (Meydan) |
| Property Type | Residential Apartments |
| Starting Price | AED 800,000 (Current Market) |
| Government Fee | 4% DLD Fee |
| Unit Status | Ready to Move In |
| Ownership | 100% Freehold |
| Handover Date | Completed (Ready) |
| Views | Burj Khalifa, Dubai Skyline, & Community Parks |
Features & Amenities
| Feature | Details |
| Leisure | City’s largest community clubhouse and social hubs |
| Wellness | Fully equipped modern gym and adult & kids’ swimming pools |
| Outdoors | 35,000 sq. m. of parks, walking tracks, and landscaped gardens |
| Family | Dedicated kids’ play areas, nurseries, and nearby schools |
| Convenience | Retail outlets, supermarket, and on-site healthcare clinic |
| Security | 24/7 gated security with smart home automation options |
Location & Connectivity
Positioned in the heart of MBR City, MAG Eye offers exceptional access to Dubai’s core hubs:
- 05 mins – Meydan Racecourse
- 14 mins – Dubai Silicon Oasis
- 15 mins – Business Bay
- 16 mins – Downtown Dubai & Burj Khalifa
- 16 mins – Mall of the Emirates
- 19 mins – Dubai International Airport (DXB)
Payment Plan
| Stage | Percentage | Notes |
| Down Payment | 10% | At the time of booking |
| During Construction | 50% | Paid during the construction phase |
| Post-Handover | 40% | Paid over 24 months after move-in |
Note: Various post-handover structures (including 2-year and 3-year options) are available for remaining developer units and specific secondary market deals.
Floor Plans
| Unit Type | Size Range (Sq. Ft.) | Highlights |
| Studio Apartment | 391 – 474 Sq. Ft. | Efficient, light-filled layouts with built-in wardrobes |
| 1-Bedroom Apartment | 756 – 908 Sq. Ft. | Features a separate living area and powder room |
Note: Detailed floor plans and availability lists for specific blocks are available upon request.
Why Invest in MAG Eye Apartments
- Ready for ROI: As a completed project, investors can immediately benefit from rental yields, currently averaging 7% to 8% in the MBR City area.
- Affordable Entry Point: Offers one of the most accessible entry prices for a gated community in a premium “Tier 1” location like MBR City.
- Capital Appreciation: Proximity to the Meydan One Mall and the expansion of the Dubai Metro Blue Line ensures strong long-term value growth.
- High Tenant Demand: The community’s amenities and “green” walkable design make it a preferred choice for young professionals working in DIFC and Downtown.
- Proven Quality: Developed by MAG, a brand synonymous with quality and timely delivery in the UAE market.
FAQs About MAG Eye Apartments
Q1: Is the project still off-plan? A: No, the majority of the apartment blocks in MAG Eye are completed and ready to move in. Some specific townhouse phases within the wider MAG City project may still be under construction.
Q2: Are the apartments furnished?A: Many resale and developer units come fully furnished or with high-end kitchen appliances. Please check with your representative for specific unit inclusions.
Q3: What are the annual service charges? A: Service charges for MAG Eye Apartments typically range between AED 14 and AED 16 per square foot.
Q4: Can I get a residency visa by purchasing a unit here? A: Yes, since the starting prices exceed the minimum threshold for property investor visas, you may be eligible for a 2-year or 10-year Golden Visa.
Contact Cresco Real Estate Today
Would you like me to provide you with the current availability list for units with a direct Burj Khalifa view and a post-handover payment plan?
