MAG EYE Phase 1 property prices & sales
MAG EYE Phase 1 at a glance written from registered records
MAG EYE Phase 1 recorded 103 registered sales in the last 12 months, worth AED 172.21M in total. The median price was AED 1,810 per sq ft, up 1.4% on the previous 12 months, and the median sale price was AED 1.21M. 0.0% of these sales were off-plan and 100.0% were ready properties. Across 943 rental contracts registered in the same period, the median annual rent was AED 82,000, an indicative gross yield of 6.8%.
Median price per sq ft by year registered sales
| Year | Sales | Median AED/sq ft | Median price |
|---|---|---|---|
| 2026 | 70 | 1,848 | AED 1.19M |
| 2025 | 231 | 1,807 | AED 1.30M |
| 2024 | 237 | 1,728 | AED 1.31M |
| 2023 | 192 | 1,463 | AED 1.18M |
| 2022 | 305 | 1,436 | AED 1.15M |
| 2021 | 950 | 1,103 | AED 1.29M |
| 2020 | 214 | 1,059 | AED 444,828 |
| 2019 | 131 | 1,036 | AED 429,420 |
| 2018 | 4 | 262 | AED 11.55M |
Prices by bedroom last 24 months · entry = lower quarter, premium = upper quarter
| Type | Sales | Entry | Typical | Premium | AED/sq ft | Typical size |
|---|---|---|---|---|---|---|
| Studio | 156 | AED 678,750 | AED 727,500 | AED 766,250 | 1,773 | 412 sq ft |
| 1 B/R | 102 | AED 1.25M | AED 1.35M | AED 1.40M | 1,627 | 797 sq ft |
| 2 B/R | 72 | AED 2.59M | AED 2.75M | AED 2.94M | 2,072 | 1,411 sq ft |
| 3 B/R | 47 | AED 3.31M | AED 3.60M | AED 3.80M | 2,325 | 1,460 sq ft |
| 4 B/R | 9 | AED 5.60M | AED 5.97M | AED 6.10M | 1,580 | 3,781 sq ft |
Who's buying last 12 months
Cash vs mortgage is indicative: new mortgage registrations compared with sales in the same period.
Latest registered sales
| Date | Type | Beds | Building | Sq ft | Price | AED/sq ft |
|---|---|---|---|---|---|---|
| 2026-10-02 | Unit | Studio | Mag 930 | 416 | AED 725,000 | 1,742 |
| 2026-09-21 | Unit | 1 B/R | Mag 960 | 836 | AED 1,356,600 | 1,622 |
| 2026-09-10 | Villa | 3 B/R | MAG EYE Phase 1 | 1,392 | AED 3,630,000 | 2,609 |
| 2026-09-07 | Unit | Studio | Mag 970 | 411 | AED 600,000 | 1,459 |
| 2026-09-07 | Unit | Studio | Mag 980 | 412 | AED 700,000 | 1,700 |
| 2026-08-31 | Villa | 2 B/R | MAG EYE Phase 1 | 1,187 | AED 2,710,000 | 2,284 |
The full report lists every registered sale, with filters by bedroom and date. Open it free.
Questions about MAG EYE Phase 1
What is the average price per sq ft in MAG EYE Phase 1?
Over the last 12 months the median registered sale price in MAG EYE Phase 1 was AED 1,810 per sq ft (+1.4% year on year).
What is the rental yield in MAG EYE Phase 1?
Comparing the median annual rent (AED 82,000) with the median sale price (AED 1,210,000) over the last 12 months gives an indicative gross yield of 6.8%.
How many properties sold in MAG EYE Phase 1 in the last 12 months?
103 sales were registered in the last 12 months, 0.0% of them off-plan.
What is the average rent in MAG EYE Phase 1?
The median annual rent across 943 contracts registered in the last 12 months was AED 82,000.
Comparables in Hadaeq Sheikh Mohammed Bin Rashid - Disrict 7 12m
MAG EYE Phase 1 ranks #2 of 2 by price per sq ft.
| Project | Sales | AED/sq ft |
|---|---|---|
| Keturah Reserve | 12 | 3,454 |
| MAG EYE Phase 1 | 103 | 1,810 |
Project record
| Developer | Mag Eye Real Estate Development - Fz |
| Status | Finished |
| Completion | 100% |
| Handover | 2023-02-01 |
| Units | 904 |
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Data sourced from the Dubai Open Data portal (data.dubai) under the Dubai Open Data Licence; originating entity: Dubai Land Department. GetYaData is an independent service and is not affiliated with, endorsed by or associated with the Dubai Land Department or the Government of Dubai. Figures are indicative — not a valuation.
