Units in Mag Eye Phase 1 sold at a median price of AED 1,751 per sqft over the last 12 months, based on 77 registered sales in Hadaeq Sheikh Mohammed Bin Rashid. That is about 27.9% below the Hadaeq Sheikh Mohammed Bin Rashid district median. The dashboard above opens on this project; the FAQs below cover prices, yields and off-plan activity.
| Year | Median AED/sqft | Registered sales |
|---|---|---|
| 2023 | AED 1,463 | 192 |
| 2024 | AED 1,728 | 233 |
| 2025 | AED 1,800 | 222 |
| 2026 (so far) | AED 1,702 | 51 |
Units in Mag Eye Phase 1 in Hadaeq Sheikh Mohammed Bin Rashid, Dubai sold at a median price of AED 1,751 per sqft over the last 12 months, across 77 registered sales. The median transaction value was AED 1,000,000.
Mag Eye Phase 1 trades about 27.9% below the Hadaeq Sheikh Mohammed Bin Rashid district median of the last 12 months, based on registered sale prices per sqft. See Hadaeq Sheikh Mohammed Bin Rashid price trends for the full area picture.
The 12-month median price per sqft for Mag Eye Phase 1 is down 1.6% versus the previous 12 months, per registered Dubai transactions.
Registered 12-month median prices by layout - 1-bedroom: AED 1,350,000 (median of 30 sales); 3-bedroom: AED 3,785,000 (median of 6 sales); Studio: AED 740,000 (median of 37 sales).
Indicative gross yields using registered Hadaeq Sheikh Mohammed Bin Rashid rents against Mag Eye Phase 1 sale prices for the same bedroom count - Studio: about 7.4% (AED 55,000 district rent vs AED 740,000 in Mag Eye Phase 1); 1-bedroom: about 6.7% (AED 90,000 district rent vs AED 1,350,000 in Mag Eye Phase 1); 3-bedroom: about 6.5% (AED 245,000 district rent vs AED 3,785,000 in Mag Eye Phase 1). Gross yield excludes service charges and fees.
All figures are computed from official DLD (Dubai Land Department) registered transaction records and refreshed with our daily data pipeline. Figures are medians and indicative only, not valuations.
Source: DLD (Dubai Land Department). Data updated 2026-10-21. Medians are computed from registered residential sales; figures are indicative, not valuations. How we calculate these figures.
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