Dubai Land Department Data

MAG EYE Phase 1 Prices

in Hadaeq Sheikh Mohammed bin Rashid - District 7 · Real completed transactions from the Dubai Land Department registry

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At a glance

Market Summary

Of 158 recorded sales at MAG EYE Phase 1: 100% villas, most commonly 2 bed units, typically around 1,411 sqft.

Avg Price/sqft
AED 2,053
All-time average
Median Price/sqft
AED 2,056
All-time median
90-Day Sales
2
Last 90 days
Total Sales
158
All time
Price Range
AED 664,6516,500,000
Min – max recorded

Every figure here is drawn from registered DLD sale prices - what buyers actually paid, not asking prices.

The latest sales

Recent Transactions

What tenants pay

Registered rents

684 Ejari rent contracts registered in the last 12 months name MAG EYE Phase 1; the median is AED 85,000 a year.

Type
Median rent / yr
Studio
AED 55,000
287 contracts
1 bed
AED 85,000
128 contracts
2 bed
AED 160,000
127 contracts
3 bed
AED 194,000
126 contracts
4+ bed
AED 317,857
16 contracts

Most Ejari contracts carry no building name, so this is the registered contracts that do — a floor on the building's rental activity, not a count of its tenancies. How we read rents →

Keep exploring

Other Buildings in Hadaeq Sheikh Mohammed bin Rashid - District 7

Hold and resell

Resales

Where a unit of the same size and bedrooms at MAG EYE Phase 1 was registered as sold twice, at least a year apart, the two prices are paired. Matched on size and bedrooms, not a unit id - two identical units can pair, so read this as the building's typical resale outcome, not a specific flat's.

Resale pairs
34
matched sale → resale
Median hold
13
months between the two registrations
Median realised gain
+12.9%
middle half +5.8% to +22%

Gain is registered price vs registered price - gross, before fees, service charges or any renovation.

Off-plan

Launch History

MAG EYE Phase 1 was also sold off-plan by its developer. Launch prices by quarter, bed mix and the launch-vs-resale gap →

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