MAG 890, MBR City
MAG 890 is a nine-storey apartment building in MAG City (marketed earlier as MAG Eye), the MAG Property Development masterplan in Meydan District 7, Mohammed Bin Rashid City (MBR City). Handover for the building is recorded as 2022, and its studio and one-bedroom apartments join three other numbered MAG City buildings, MAG 920, MAG 930 and MAG 960, that Royale Stays already covers nearby. This guide covers MAG 890's location, unit mix and honest Airbnb income potential, with management available from a fee starting at 15%.
Floors
9
Developer
MAG Property Development
Unit Types
Studio-1BR
Area
MBR City, District 7
Handover
2022
About MAG 890
MAG 890 is a nine-storey residential building within MAG City, a mixed-use community developed by MAG Property Development in Meydan District 7, part of Mohammed Bin Rashid City (MBR City). The community was originally marketed as MAG Eye before the MAG City rebrand, so both names still appear across listing portals for the same development, including a current Agoda listing for a studio unit still titled "Mag Eye 890".
MAG 890 sits alongside its numbered neighbours in the same early apartment cluster of MAG City: MAG 930, which Royale Stays also covers, along with MAG 920 and MAG 960 nearby. MAG City is also home to a separate Royale Stays managed villa with its own published Airbnb performance data on MAG City, MBR City: that figure is specific to the villa product and does not carry over to MAG 890, which is a separate apartment building with its own income profile. Royale Stays manages the setup, pricing and guest side of listing a MAG 890 apartment for a fee starting from 15%.
Location & Nearby Landmarks
MAG 890 sits within MBR City District 7, close to the Meydan Cycling Track and within a few kilometres of Polo Residence Park and The Track, Meydan Golf. From MAG City it is roughly 17 minutes' drive to Dubai Mall, 21 minutes to Burj Al Arab and 23 minutes to Palm Jumeirah, with Dubai International Airport around 23 minutes away and Al Maktoum International Airport around 40 minutes away.
For a wider view of the area's short-term rental market, Royale Stays' Airbnb management guide for MBR City covers licensing and demand across the area. MAG City sits within the same broader MBR City masterplan as the numbered Azizi Riviera towers, though it is a separate community with its own developer, MAG Property Development, rather than Azizi Developments.
Unit Types
Current listings show MAG 890 offering studio and one-bedroom apartments across its nine floors, consistent with the unit-type pattern already confirmed for its numbered MAG City neighbours MAG 930 and MAG 920. MAG City as a whole also includes two, three and four-bedroom townhouses, but those are separate structures within the wider community, not part of MAG 890 itself. Owners should confirm their own unit's exact layout against current listings rather than relying on a masterplan-wide description.
Amenities
MAG 890's building amenities include a swimming pool, gym and fitness centre, central air conditioning, covered parking, elevators, and 24-hour security with CCTV, alongside ground-floor retail. The wider MAG City community adds restaurants, cafes, schools and a nearby mosque across the masterplan. Owners and guests should confirm current on-site facilities directly with the building's management, since amenity offerings can change over time.
Rental & Price Trends
Royale Stays does not currently have confirmed Dubai Land Department transaction data specific to MAG 890 to draw on for this guide, so this section does not present a fabricated current sales-price or rent range; owners are better served checking live portal listings (Bayut, Property Finder, Propsearch) directly for current asking prices. One property-analytics platform, DXB Interact, separately publishes a median transaction price of around AED 1,830 per square foot and a gross rental yield of roughly 10% for MAG 890, based on long-term rental and resale activity rather than short-term letting; this is a single-source figure from one analytics platform, not independently cross-checked by a second source, so it is presented here as context rather than a confirmed fact.
Owners weighing a specific unit's numbers can run their own scenario through Royale Stays' ROI calculator.
Airbnb / Short-Term Rental Income Potential
MAG 890 already shows a small but genuine short-term-stay signal: a studio unit in the building is listed on Agoda under the building's earlier "Mag Eye 890" name, confirming some existing short-term booking activity independent of anything Royale Stays has done there. Royale Stays does not currently have booking data specific to MAG 890 to draw on, so this guide does not present a building income figure it cannot support.
Short-term letting anywhere in Dubai, including at MAG 890, runs through a DTCM (Department of Economy and Tourism) holiday home permit, professional photography, dynamic pricing and day-to-day guest communication. MAG Property Development is the master developer behind MAG 890, not a hotel brand: there is no policy reason, unlike Vida, the site's only confirmed prohibited brand, that MAG 890 apartments can't be run as licensed holiday homes.
The wider operational approach is covered in Royale Stays' guide to Airbnb property management in Dubai, including furnishing, photography, pricing, check-in and guest communications for a fee starting from 15%. Royale Stays' guide to the Dubai holiday home permit covers what the process and fees generally involve. Owners ready to move forward can submit their property for a free earnings estimate.
One third-party OTA listing (Agoda, under the building's earlier "Mag Eye 890" name) confirms existing short-term-stay activity; no Royale Stays-managed unit currently exists at MAG 890.
Questions