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YOUR GUIDE TO SMARTER, HIGHER-EARNING PROPERTY MANAGEMENT

Building Guide · MBR City

MAG 960, MBR City

MAG 960 is a nine-storey apartment building within MAG City (marketed earlier as MAG Eye), a mixed-use community by MAG Property Development in Meydan District 7, Mohammed Bin Rashid City (MBR City). The building is complete and handed over, with studio apartments currently on the market, and Royale Stays covers the 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

Area

MBR City, District 7

Handover

2022

Modern cream and blue glass apartment building facade in Dubai against a clear blue sky

About MAG 960

MAG 960 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. Propsearch records MAG 960 as complete, with Dubricks placing handover at January 2022, consistent with the 2022 handover window already documented for the neighbouring MAG 920 and MAG 930 buildings, so this guide states the year only rather than a specific month.

MAG 960 sits alongside its numbered neighbours, MAG 930 and MAG 920, in the same early apartment cluster of MAG City. MAG City is also home to a separate Royale Stays-managed villa with its own published Airbnb performance data: that figure is specific to the villa product and does not carry over to MAG 960, which is a separate apartment building with its own income profile. MAG Property Development is a distinct entity from MAG 5 Boulevard in Dubai South, a different MAG Group project under the same parent company but in an unrelated part of the city.


Location & Nearby Landmarks

MAG 960 sits on Al Meydan Street within MBR City District 7, close to the Meydan Cycling Track and Meydan Racecourse, home of the Dubai World Cup. From MAG City it is roughly a 17-minute drive to Dubai Mall, around 21 minutes to Burj Al Arab, about 23 minutes to Palm Jumeirah, and roughly 24 minutes to Dubai International Airport. 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 and Kensington Waters, a twin-tower development in the nearby Meydan district, though each is a separate community with its own developer, MAG Property Development for MAG City rather than Azizi Developments or Ellington Properties. Within MAG City's own District 7 pocket, MAG 960 also sits close to Keturah Reserve, a newer, still-under-construction MAG Property Development masterplan in the same District 7 area.


Unit Types

MAG 960 offers studio apartments, and current market listings for the building show studios only at the time of writing. The wider MAG City community description also references one-bedroom apartments alongside larger townhouses across its early-phase buildings, but that is community-wide marketing copy rather than a confirmed MAG 960-specific unit mix, so this guide states only what current listings for this exact building show. Owners and buyers should always confirm exact unit configuration and size directly against their own listing.


Amenities

MAG 960's building amenities include a swimming pool, gym and fitness centre, central air conditioning, covered parking, 24-hour security with CCTV, and on-site retail including a supermarket. The wider MAG City community adds a clubhouse, landscaped gardens, jogging tracks and sports courts, plus restaurants and cafes across the masterplan.


Live asking-price data specific to MAG 960 was not reliably available at the time of writing, and this guide does not estimate a figure it cannot verify. Owners comparing the wider MAG City apartment cluster can look at published numbers for the very similar nearby MAG 930 building as a rough reference point, though each building's inventory and pricing moves independently. For a specific unit, the most reliable approach is Royale Stays' ROI calculator, which runs a scenario against real, current inputs rather than a portal average.


Airbnb / Short-Term Rental Income Potential

Short-term letting anywhere in Dubai, including at MAG 960, runs through a DTCM (Department of Economy and Tourism) holiday home permit, professional photography, dynamic pricing, round-the-clock guest communication, housekeeping between stays and owners-association coordination. Royale Stays runs the full operation for a fee starting from 15%, covering furnishing, photography, pricing, check-in and guest communications.

MAG Property Development is a private developer, not a hotel brand: there is no policy reason, unlike Vida, the site's only confirmed prohibited brand, that MAG 960 apartments can't be run as licensed holiday homes. MBR City is not one of Royale Stays' five core managed areas, so income figures specific to MAG 960 are not yet available; the villa performance data published for MAG City is specific to that villa and does not apply to this apartment building. The wider operational approach is covered in Royale Stays' guide to Airbnb property management in Dubai. Owners ready to move forward can submit their property for a free earnings estimate.

Income context reviewed by Chris Veinbaums, DTCM-licensed operator.



Questions

Frequently Asked Questions

MAG 960 is a nine-storey apartment building in MAG City, a mixed-use community in Meydan District 7, MBR City, developed by MAG Property Development. It offers studio apartments and is recorded as complete, with handover in 2022.
No. MAG 960, MAG 930 and MAG 920 are three separate numbered apartment buildings within the same MAG City community. Royale Stays also publishes Airbnb performance data for a specific MAG City villa, and that figure is specific to the villa product, not to MAG 960 or any other apartment building nearby.
The broader community was originally marketed as MAG Eye before being rebranded to MAG City, so both names still appear across property listing sites for the same development.
MAG 960 offers studio apartments, based on current listings for the building. The wider MAG City community also includes one-bedroom apartments and larger townhouses, but those are in separate buildings, not MAG 960 itself.
Yes. Every Dubai short-term rental requires a DTCM holiday home permit. A management company can submit the application for you, including for owners based overseas.
Yes. Royale Stays manages remotely for overseas owners, covering the DTCM permit, guest operations, housekeeping and maintenance, with monthly income transferred to the owner.