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Ready building · MAG

MAG 980, Hadaeq Sheikh Mohammed Bin Rashid

Highlights

MAG 980 at a glance

About MAG 980

MAG 980 is a residential building in Hadaeq Sheikh Mohammed Bin Rashid, Dubai, developed by MAG. It holds about 120 units: studios, 1-bedroom apartments. Depending on the unit, windows look out over Community.

The building was completed in 2024 and has been in use for about 2 years. 11 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,719 per sq ft.

MAG 980 is one of 142 buildings in Hadaeq Sheikh Mohammed Bin Rashid: 73 are complete and 49 are still being built.

In a nutshell

  • A residential ready building
  • Located in Hadaeq Sheikh Mohammed Bin Rashid, Dubai
  • Developed by MAG
  • Completed in Q3 2024
  • Unit types: Studio, 1 Bed
  • Sizes from 380 to 890 sq ft
  • Views: Community View
  • Features: Balcony, Barbeque Area, Built In Wardrobes, Children's Play Area, Children's Pool, Concierge, Covered Parking, Gated Community, Kitchen Appliances, Landmark view, Lobby In Building, Maid Room, Maid Service, Pets Allowed, Private Garden, Private Gym, Private Jacuzzi, Private Pool, Seafront, Security, Shared Gym, Shared Pool, Shared Spa, Study Room, Vastu-compliant, Walk-In Closet, Waterfront View
  • Service charge from AED 14.69 per sq ft
  • Noor Islamic Bank metro station 5.8 km away
الحالة
جاهز
المطور
MAG
الموقع
Hadaeq Sheikh Mohammed Bin Rashid, Dubai
مكتمل
Q3 2024
أنواع الوحدات
Studio, 1 Bed
Prices from
AED 400.0K
متوسط السعر لكل sq ft
AED 1,719
Median gross yield
7.1%
رسوم الخدمات
AED 14.69 per sq ft (2026)
Nearest metro
Nad Al Sheba, 0.9 km

Photos of MAG 980

Building details

Inside MAG 980

Facilities in MAG 980

MAG 980 lists 27 features and facilities for its residents.

  • Balcony
  • Barbeque Area
  • Built In Wardrobes
  • Children's Play Area
  • Children's Pool
  • Concierge
  • Covered Parking
  • Gated Community
  • Kitchen Appliances
  • Landmark view
  • Lobby In Building
  • Maid Room
  • Maid Service
  • Pets Allowed
  • Private Garden
  • Private Gym
  • Private Jacuzzi
  • Private Pool
  • Seafront
  • Security
  • Shared Gym
  • Shared Pool
  • Shared Spa
  • Study Room
  • Vastu-compliant
  • Walk-In Closet
  • Waterfront View

Properties in MAG 980

Studios in MAG 980

There are about 88 of these in MAG 980, from 380 to 450 sq ft. They have recently sold for a median of AED 700.0K, or AED 1,710 per sq ft.

1-bedroom apartments in MAG 980

There are about 32 of these in MAG 980, from 750 to 890 sq ft. They have recently sold for a median of AED 1.3M, or AED 1,650 per sq ft. Owners who resold made a median 3% over what they paid.

Unit types in MAG 980 with sizes, median prices and rents
نوع الوحدةالوحداتالمساحةالسعر الوسيطMedian rent
استوديو88380 sqft35.3 sqmt – 450 sqft41.8 sqmtAED 700KAED 50K
1 Bed32750 sqft69.7 sqmt – 890 sqft82.7 sqmtAED 1.3M–

Recent transactions in MAG 980

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 700K

    AED 1,699 /sqftAED 18,288 /sqmt

    جاهزشقة
    412 sqft38.3 sqmtاستوديوالمالك7 Sept 2026

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 1.2M

    AED 1,582 /sqftAED 17,029 /sqmt

    جاهزشقة
    746 sqft69.3 sqmt1 Bedالمالك4 Aug 2026

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 700K

    AED 1,707 /sqftAED 18,374 /sqmt

    جاهزشقة
    410 sqft38.1 sqmtاستوديوالمالك7 Jul 2026

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 1.1M

    AED 1,515 /sqftAED 16,307 /sqmt

    جاهزشقة
    746 sqft69.3 sqmt1 Bedالمالك30 Jun 2026

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 1.1M

    AED 1,382 /sqftAED 14,876 /sqmt

    جاهزشقة
    796 sqft74 sqmt1 Bedالمالك24 Jun 2026

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 735K

    AED 1,793 /sqftAED 19,300 /sqmt

    جاهزشقة
    410 sqft38.1 sqmtاستوديوالمالك9 Feb 2026

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 1.4M

    AED 1,910 /sqftAED 20,559 /sqmt

    جاهزشقة
    746 sqft69.3 sqmt1 Bedالمالك22 Jan 2026

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 1.4M

    AED 1,709 /sqftAED 18,396 /sqmt

    جاهزشقة
    796 sqft74 sqmt1 Bedالمالك18 Dec 2025

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 800K

    AED 2,046 /sqftAED 22,023 /sqmt

    جاهزشقة
    391 sqft36.3 sqmtاستوديوالمالك3 Dec 2025

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 1.5M

    AED 1,719 /sqftAED 18,503 /sqmt

    جاهزشقة
    890 sqft82.7 sqmt1 Bedالمالك10 Nov 2025

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 1.5M

    AED 1,713 /sqftAED 18,439 /sqmt

    جاهزشقة
    861 sqft80 sqmt1 Bedالمالك23 Oct 2025

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 795K

    AED 1,949 /sqftAED 20,979 /sqmt

    جاهزشقة
    408 sqft37.9 sqmtاستوديوالمالك8 Oct 2025

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 730K

    AED 1,780 /sqftAED 19,160 /sqmt

    جاهزشقة
    410 sqft38.1 sqmtاستوديوالمالك10 Sept 2025

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 740K

    AED 1,893 /sqftAED 20,376 /sqmt

    جاهزشقة
    391 sqft36.3 sqmtاستوديوالمالك31 Jul 2025

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 1.1M

    AED 1,453 /sqftAED 15,640 /sqmt

    جاهزشقة
    746 sqft69.3 sqmt1 Bedالمالك10 Jul 2025

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 1.4M

    AED 1,746 /sqftAED 18,794 /sqmt

    جاهزشقة
    796 sqft74 sqmt1 Bedالمالك8 Jul 2025

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 675K

    AED 1,658 /sqftAED 17,847 /sqmt

    جاهزشقة
    407 sqft37.8 sqmtاستوديوالمالك21 May 2025

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 760K

    AED 1,854 /sqftAED 19,956 /sqmt

    جاهزشقة
    410 sqft38.1 sqmtاستوديوالمالك15 May 2025

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 774K

    AED 1,897 /sqftAED 20,419 /sqmt

    جاهزشقة
    408 sqft37.9 sqmtاستوديوالمالك14 May 2025

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 57K/yr

    شقةعقد جديد
    391 sqft36.3 sqmtاستوديوإلى

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 53K/yr

    شقةعقد جديد
    391 sqft36.3 sqmtاستوديوإلى

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 45K/yr

    شقةعقد جديد
    385 sqft35.8 sqmtاستوديوإلى

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 48K/yr

    شقةعقد جديد
    407 sqft37.8 sqmtاستوديوإلى

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 45K/yr

    شقةعقد جديد
    408 sqft37.9 sqmtاستوديوإلى

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 52K/yr

    شقةعقد جديد
    410 sqft38.1 sqmtاستوديوإلى

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 54K/yr

    شقةعقد جديد
    410 sqft38.1 sqmtاستوديوإلى

  • MAG 980, MAG City

    Mohammed Bin Rashid City

    AED 46K/yr

    شقةعقد جديد
    407 sqft37.8 sqmtاستوديوإلى

Every sale in MAG 980Every rent contract in MAG 980

Service charges in MAG 980

The 2026 service charge in MAG 980 is AED 14.69 per sq ft for homes. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Service charges in MAG 980
نوع الوحدةRate per sq ftالمساحةYearly charge
1 Bed Apartment (2026)AED 14.69750 sqft69.7 sqmt – 890 sqft82.7 sqmtAED 11,018 – AED 13,074
Studio Apartment (2026)AED 14.69380 sqft35.3 sqmt – 450 sqft41.8 sqmtAED 5,582 – AED 6,611

Source: Dubai Land Department service charge index. Rates are reviewed each year.

MAG 980 payment plan

How the developer's price is paid, in the order each instalment falls due.

  1. 1.Down Payment10%
  2. 2.During Construction30%
  3. 3.On Handover20%
  4. 4.After Handover40%

MAG 980 floor plans

  • MAG 980 2 bedrooms 2 Bedroom Townhouse floor plan

    2 bedrooms, 2 Bedroom Townhouse

    1,636 sqft152 sqmt

  • MAG 980 3 bedrooms 3 Bedroom Townhouse floor plan

    3 bedrooms, 3 Bedroom Townhouse

    2,034 sqft189 sqmt

  • MAG 980 4 bedrooms 4 Bedroom Apartment floor plan

    4 bedrooms, 4 Bedroom Apartment

    2,863 sqft266 sqmt

Nearby amenities

Around MAG 980

Transportation near MAG 980

The nearest Dubai Metro station from MAG 980 is Noor Islamic Bank (red line, 5.8 km, about 14 min drive), then Business Bay (red line, 6 km, about 14 min drive). Stations planned on new lines nearby include Nad Al Sheba (golden line, 0.9 km, about 11 min walk) and District 1 (golden line, 2.3 km, about 7 min drive). Most residents will drive or take a taxi to the metro.

  • Nad Al ShebaGolden line · 0.9 km · about 11 min walk
  • District 1Golden line · 2.3 km · about 7 min drive
  • Dubai HillsGolden line · 3.3 km · about 9 min drive
  • District 1 near High Speed Rail lineGolden line · 3.9 km · about 10 min drive
  • Burj Khalifa RoadGolden line · 5.4 km · about 13 min drive
  • Noor Islamic BankRed line · 5.8 km · about 14 min drive

Shopping and groceries near MAG 980

The closest is Al Khail Mall, 3.9 km from MAG 980 (about 10 min drive).

  • Al Khail MallShopping Mall · 3.9 km · about 10 min drive
  • Grand MallShopping Mall · 3.9 km · about 10 min drive
  • Spinneys / south bridge downtowne DubaiSupermarket · 5.1 km · about 12 min drive
  • Spinneys/ Ontario TowerSupermarket · 5.3 km · about 13 min drive
  • Spinneys / The Executive TowersSupermarket · 5.5 km · about 13 min drive

Restaurants and hotels near MAG 980

The closest is Meydan Hotel, 2.3 km from MAG 980 (about 7 min drive).

  • Meydan HotelHotel · 2.3 km · about 7 min drive
  • Shiba RestaurantRestaurant · 2.5 km · about 7 min drive
  • Maward RestaurantRestaurant · 4.5 km · about 11 min drive
  • Oberoi HotelHotel · 5.3 km · about 13 min drive
  • Vida Hotels and ResortsHotel · 5.4 km · about 13 min drive

Hospitals and clinics near MAG 980

The closest is Dr. Moopen'S Al Quoz Medical Centre, 4 km from MAG 980 (about 10 min drive).

  • Dr. Moopen'S Al Quoz Medical CentreHospital · 4 km · about 10 min drive
  • Medcare HospitalHospital · 6.2 km · about 14 min drive
  • Al Amal HospitalHospital · 7.3 km · about 17 min drive
  • Specialist Medical CentreHospital · 7.4 km · about 17 min drive
  • Neuro Spinal hospitalHospital · 7.4 km · about 17 min drive

Parks and leisure near MAG 980

The closest is Falcon Centre and Cultural Sports, 1.3 km from MAG 980 (about 5 min drive).

  • Falcon Centre and Cultural SportsSports Academy · 1.3 km · about 5 min drive
  • Falcon Heritage and Sports CentreSports Academy · 1.4 km · about 5 min drive
  • Meydan Tennis AcademySports Academy · 1.9 km · about 6 min drive
  • Meydan TheatreTheatre House · 2.3 km · about 7 min drive
  • Meydan Grandstand and RacecourseStadium · 2.5 km · about 7 min drive

Schools near MAG 980

The nearest is Bilingual French International School L.L.C-FZ, 1.9 km away. Ratings are the KHDA's latest inspection grades.

  • Bilingual French International School L.L.C-FZFrench · KHDA: Not inspected due to COVID 19 · 1.9 km
  • Rashid and Latifa SchoolUK · KHDA: Not inspected yet · 3.1 km
  • Springdales School L.L.CUK - Indian · KHDA: Good · 3.2 km
  • GEMS Wellington Academy Al Khail L.L.CUK · KHDA: Very good · 3.5 km
  • Ambassador International Academy L.L.CInternational Baccalaureate - UK* - UK/IB · KHDA: Good · 3.6 km
  • GEMS International School Al Khail L.L.CInternational Baccalaureate · KHDA: Good · 3.6 km

Other buildings in Hadaeq Sheikh Mohammed Bin Rashid

Hadaeq Sheikh Mohammed Bin Rashid has 142 buildings. A few others to compare MAG 980 with:

الكل 142 Hadaeq Sheikh Mohammed Bin Rashid buildings →

Things to consider about MAG 980

In its favour

  • Owners who resold have made money: a median gain of up to 3%.
  • A median gross yield of 7.1% on recent sales.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • The nearest running metro station is 5.8 km away, so a car helps.

Specialists

Brokers who know MAG 980

These brokers handle sales and lettings in MAG 980 and can tell you what is available now.

الأسئلة الشائعة

MAG 980: questions answered

MAG 980 was developed by MAG in Hadaeq Sheikh Mohammed Bin Rashid.

MAG 980 is completed in Q3 2024.

Across its 19 most recent registered sales, MAG 980 sold for a median of AED 1,719 per sq ft and AED 800.0K per unit.

Recent yearly contracts in MAG 980 have a median rent of AED 50.0K.

The median gross yield on recently sold units in MAG 980 is 7.1%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in MAG 980 is AED 14.69 per sq ft a year, as registered with the Dubai Land Department.

MAG 980 has Studio (380 to 450 sq ft), 1 Bed (750 to 890 sq ft).

Nad Al Sheba is about 0.9 km from MAG 980.

The nearest schools include Bilingual French International School L.L.C-FZ (1.9 km), Rashid and Latifa School (3.1 km), Springdales School L.L.C (3.2 km).

Buying, selling or renting in MAG 980?

A broker who works Hadaeq Sheikh Mohammed Bin Rashid will tell you what is available and what comparable homes went for.

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