Mag Eye 890 Launch Prices
Off-plan in Hadaeq Sheikh Mohammed bin Rashid - District 7 · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
153 developer launch sales registered at Mag Eye 890 between Apr 2019 and Aug 2024: 100% apartments, most commonly studio units, typically around 417 sqft.
Bed mix: Studio 83% · 1-bed 17%.
Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.
Launch Price by Quarter
Median registered launch price per square foot at Mag Eye 890, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2019 Q2 | 19 | AED 1,033 |
| 2019 Q3 | 13 | AED 1,031 |
| 2019 Q4 | 4 | AED 1,033 |
| 2020 Q1 | 1 | AED 1,242 |
| 2020 Q2 | 15 | AED 1,030 |
| 2020 Q3 | 3 | AED 1,199 |
| 2020 Q4 | 37 | AED 1,107 |
| 2021 Q1 | 10 | AED 1,125 |
| 2021 Q2 | 1 | AED 1,064 |
| 2021 Q3 | 13 | AED 1,110 |
| 2021 Q4 | 1 | AED 1,004 |
| 2022 Q1 | 3 | AED 1,197 |
| 2022 Q2 | 5 | AED 1,181 |
| 2022 Q3 | 2 | AED 1,222 |
| 2022 Q4 | 3 | AED 1,697 |
| 2023 Q1 | 1 | AED 1,771 |
| 2023 Q2 | 2 | AED 1,267 |
| 2023 Q3 | 3 | AED 1,343 |
| 2023 Q4 | 8 | AED 1,432 |
| 2024 Q1 | 2 | AED 1,482 |
| 2024 Q2 | 4 | AED 1,615 |
| 2024 Q3 | 3 | AED 1,583 |
Launch vs Resale
Mag Eye 890 also has 29 ready-market resales registered with the DLD, the first on 22 October 2024 - 66 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
Other Off-Plan Projects in Hadaeq Sheikh Mohammed bin Rashid - District 7
Off-plan in Hadaeq Sheikh Mohammed bin Rashid - District 7
Compare this project with every other off-plan launch registered in Hadaeq Sheikh Mohammed bin Rashid - District 7, or see the community's resale market.
All Hadaeq Sheikh Mohammed bin Rashid - District 7 projects← Hadaeq Sheikh Mohammed bin Rashid - District 7 resale prices