⚠️ Disclaimer: This calculator and data presented on this page are for informational purposes only and do not constitute financial, legal, or investment advice. Past performance does not guarantee future returns. Always conduct your own due diligence and consult a qualified advisor before making investment decisions. Data sourced from Dubai Land Department under their open data license. We are not affiliated with or endorsed by DLD or RERA.
🏠 MAG 960
HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7, Hadaeq Sheikh Mohammed Bin Rashid
🔍 Google it ↗Showing Hadaeq Sheikh Mohammed Bin Rashid district where MAG 960 is located.
Sale
Rent ⚠ community
▶ROI by Unit Type (1Y)
| Room Type | Avg Price | Price/sqft | Avg Rent | Rent/sqft/yr | Gross ROI | Sales | Rentals |
|---|---|---|---|---|---|---|---|
| 1BR | 1.4M | 1.7K | 88.1K | 109 | 6.5% | 12 | 180 |
| Studio | 738K | 1.8K | 56.6K | 138 | 7.7% | 8 | 383 |
| 2BR | 2.1M | 1.6K | 148K | 117 | 7.2% | 2 | 3 |
Building Details
Price Trend✓ building-specific
Rental Trend⚠ community-level
▶ Transaction History
| Year ▼ | Sales | Avg/sqft | Avg Rent | Gross ROI |
|---|---|---|---|---|
| 2025Latest | 22 | 1.7K | 117K | 9.7% |
| 2024 | 7 | 1.5K | 133K | 9.8% |
| 2023 | 5 | 1.5K | — | — |
| 2022 | 83 | 1.5K | — | — |
Other buildings in HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7
📖 Investment Guide: MAG 960
Understanding ROI
Gross ROI is annual rent divided by purchase price. Net ROI subtracts all ownership costs — including service charges, DLD fees, agency commission, and maintenance. Dubai residential properties typically yield 4–8% gross, with net returns 1.5–3% lower. Use our Net ROI Calculator to see realistic returns for MAG 960.
Key Costs
The DLD transfer fee is 4% of the purchase price — the single biggest upfront cost. Agency commission runs ~2%, admin/trustee fees ~0.5%. Ongoing costs include RERA-approved service charges (AED 10–50/sqft/year depending on the building) and maintenance reserve (1–2% of rent).
About the Data
All numbers come from actual DLD-registered sales and Ejari rent contracts — not broker listings. The sales and rent counts show how many real transactions back each figure. Higher counts mean more reliable data. Compare across the Rankings table or explore the interactive map to see how MAG 960 compares to other areas.
Popular Investment Areas
High-yield communities like International City and Discovery Gardens offer 7–9% gross ROI. Premium areas like Palm Jumeirah and Downtown Dubai sit at 4–6% but offer stronger capital appreciation. Mid-range options like JVC, Dubai Marina, and Business Bay balance yield and appreciation.