Dubai Land Department Off-Plan Register

Mag Eye 900 Launch Prices

Off-plan in Hadaeq Sheikh Mohammed bin Rashid - District 7 · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

146 developer launch sales registered at Mag Eye 900 between Apr 2019 and Oct 2024: 100% apartments, most commonly studio units, typically around 417 sqft.

Launch sales
146
DLD off-plan registrations, all time
Median launch /sqft
AED 1,109
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 240,0001,560,000
Min – max registered

Bed mix: Studio 68% · 1-bed 32%.

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 history

Launch Price by Quarter

Median registered launch price per square foot at Mag Eye 900, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2019 Q214AED 1,053
2019 Q37AED 1,041
2019 Q43AED 1,181
2020 Q215AED 1,059
2020 Q32AED 1,063
2020 Q426AED 1,125
2021 Q17AED 1,079
2021 Q21AED 1,068
2021 Q39AED 1,074
2021 Q416AED 1,067
2022 Q14AED 1,102
2022 Q25AED 1,315
2022 Q32AED 1,208
2022 Q42AED 1,683
2023 Q12AED 1,494
2023 Q25AED 1,336
2023 Q37AED 1,487
2023 Q41AED 1,571
2024 Q15AED 1,503
2024 Q24AED 1,606
2024 Q37AED 1,583
2024 Q42AED 1,625
Two different markets

Launch vs Resale

Mag Eye 900 also has 26 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.

Resales registered
26
26 in the last 2 years
Resale median /sqft
AED 1,724
last 2 years
Resale vs launch
+55%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Mag Eye 900 →

The latest launch sales

Recent Launch Registrations

Apartment · Studio
417 sqft · 9 October 2024
AED 690,000
AED 1,655 /sqft
Apartment · Studio
417 sqft · 4 October 2024
AED 665,000
AED 1,595 /sqft
Apartment · Studio
397 sqft · 16 September 2024
AED 490,000
AED 1,235 /sqft
Apartment · Studio
415 sqft · 15 August 2024
AED 685,000
AED 1,653 /sqft
Apartment · Studio
417 sqft · 6 August 2024
AED 685,000
AED 1,643 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

Compare projects

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

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