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Dubai project data

MAG EYE Phase 1: sale prices and rents

ماج آي المرحلة 1

Registered sales and rent contracts for the project MAG EYE Phase 1 in Dubai Hills Estate, from Dubai Land Department open data.

MAG EYE Phase 1 (Dubai Hills Estate): 99 registered sales in the 12 months to September 2026, median AED 1,850 per sq ft, gross rental yield 6.94%. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
99
−65.7% vs previous 12 months
Median price per sq ft
AED 1,850 per sq ft
+3.9% vs previous 12 months
Median sale price
AED 1.3m
Off-plan share of sales
under 3
Registered rent contracts
950
Median annual rent
AED 82,000
Gross rental yield
6.94%
Mortgage registrations
83
Units in the register
904

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Registered mortgage transactions only, without interest rates and without lenders.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Off-plan and ready sales in MAG EYE Phase 1

StatusSalesMedian per sq ftMiddle range per sq ft
Off-planunder 3under 3under 3
Ready99AED 1,850 per sq ft1,651 – 2,127

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Rents and rental yield in MAG EYE Phase 1

Registered rent contracts
950
Median annual rent
AED 82,000
Middle range of registered annual rents: AED 55,000 – AED 170,000
Median annual rent per sq ft
AED 123 per sq ft
Gross rental yield
6.94%

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Price per sq ft and rents by unit type in MAG EYE Phase 1

Unit typeSalesMedian per sq ftMedian annual rentGross yield
Studio37AED 1,816 per sq ftAED 55,0007.34%
1 bedroom29AED 1,623 per sq ftAED 83,000under 30 sales (29)
2 bedrooms16AED 2,198 per sq ftAED 160,000under 3 sales
3 bedrooms15AED 2,533 per sq ftAED 190,000under 3 sales
4 bedroomsunder 3under 3AED 300,000under 3 sales

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price trend in MAG EYE Phase 1

MonthSalesMedian per sq ftRent contracts
Oct 202428AED 1,794 per sq ft129
Nov 202430AED 1,735 per sq ft119
Dec 202432AED 1,692 per sq ft104
Jan 202525AED 1,785 per sq ft108
Feb 202535AED 1,703 per sq ft78
Mar 202529AED 1,798 per sq ft60
Apr 202530AED 1,819 per sq ft57
May 202522AED 1,778 per sq ft63
Jun 202514AED 1,824 per sq ft43
Jul 202522AED 1,841 per sq ft70
Aug 20257AED 1,804 per sq ft84
Sep 202515AED 1,824 per sq ft98
Oct 202513AED 1,882 per sq ft122
Nov 20257AED 1,719 per sq ft109
Dec 202515AED 1,816 per sq ft91
Jan 20268AED 1,907 per sq ft97
Feb 202618AED 1,921 per sq ft73
Mar 20264AED 2,198 per sq ft44
Apr 20268AED 1,550 per sq ft41
May 20264AED 2,065 per sq ft43
Jun 20267AED 1,654 per sq ft44
Jul 20266AED 1,707 per sq ft75
Aug 20265AED 1,582 per sq ft91
Sep 20264AED 1,622 per sq ft120
Sales per calendar year
YearSalesMedian per sq ft
201820AED 258 per sq ft
2019131AED 1,036 per sq ft
2020237AED 1,059 per sq ft
2021952AED 1,102 per sq ft
2022297AED 1,438 per sq ft
2023170AED 1,493 per sq ft
2024226AED 1,755 per sq ft
2025234AED 1,807 per sq ft

Location

MAG EYE Phase 1 is a project in the DLD area Hadaeq Sheikh Mohammed Bin Rashid.

Figures for Dubai Hills Estate

Names as in the registered transactions and rent contracts; company names are not shown.

More projects in Dubai Hills Estate

  • Palace Residences Hillside A 345 registered transactions and rent contracts in 12 months.
  • Socio 202 registered transactions and rent contracts in 12 months.
  • Golf ville 186 registered transactions and rent contracts in 12 months.
  • Eden Hills 185 registered transactions and rent contracts in 12 months.
  • Park Heights I 185 registered transactions and rent contracts in 12 months.
  • SIDRA 170 registered transactions and rent contracts in 12 months.

Questions about MAG EYE Phase 1

How many sales were registered in MAG EYE Phase 1?
99 sales were registered in MAG EYE Phase 1 in Oct 2025 – Sep 2026.
What is the median price per sq ft in MAG EYE Phase 1?
The median price of registered sales in MAG EYE Phase 1 was AED 1,850 per sq ft in Oct 2025 – Sep 2026.
What is the median annual rent in MAG EYE Phase 1?
The median annual rent of registered rent contracts in MAG EYE Phase 1 was AED 82,000 in Oct 2025 – Sep 2026.
What is the gross rental yield in MAG EYE Phase 1?
The gross rental yield of ready properties in MAG EYE Phase 1 was 6.94% in Oct 2025 – Sep 2026, before costs and vacancy.
Which DLD area is MAG EYE Phase 1 in?
MAG EYE Phase 1 is registered in the Dubai Land Department area Hadaeq Sheikh Mohammed Bin Rashid (Dubai Hills Estate).

Method and source

All Dubai projects with figuresAll Dubai areasHow these figures are calculated

Figures based on fewer than 3 records are not shown.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae