Mag Eye Phase 1 (Hadaeq Sheikh Mohammed Bin Rashid, Dubai) Price Analytics

Units in Mag Eye Phase 1 sold at a median price of AED 1,825 per sqft over the last 12 months, based on 100 registered sales in Hadaeq Sheikh Mohammed Bin Rashid. That is about 24.5% 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.

Median sale price per sqft by year
YearMedian AED/sqftRegistered sales
2023AED 1,463192
2024AED 1,728233
2025AED 1,800222
2026 (so far)AED 1,85035

Mag Eye Phase 1 prices, yields & off-plan - FAQs

What is the average price per square foot in Mag Eye Phase 1?

Units in Mag Eye Phase 1 in Hadaeq Sheikh Mohammed Bin Rashid, Dubai sold at a median price of AED 1,825 per sqft over the last 12 months, across 100 registered sales. The median transaction value was AED 1,265,000.

How do Mag Eye Phase 1 prices compare with Hadaeq Sheikh Mohammed Bin Rashid overall?

Mag Eye Phase 1 trades about 24.5% 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.

How have Mag Eye Phase 1 prices changed?

The 12-month median price per sqft for Mag Eye Phase 1 is up 3.0% versus the previous 12 months, per registered Dubai transactions.

How much does an apartment in Mag Eye Phase 1 cost?

Registered 12-month median prices by layout - 1-bedroom: AED 1,380,000 (median of 32 sales); 2-bedroom: AED 3,000,000 (median of 12 sales); 3-bedroom: AED 3,785,000 (median of 8 sales); Studio: AED 770,000 (median of 43 sales).

What rental yield can I expect in Mag Eye Phase 1?

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 7.1% (AED 55,000 district rent vs AED 770,000 in Mag Eye Phase 1); 1-bedroom: about 6.5% (AED 90,000 district rent vs AED 1,380,000 in Mag Eye Phase 1); 2-bedroom: about 4.8% (AED 145,000 district rent vs AED 3,000,000 in Mag Eye Phase 1); 3-bedroom: about 6.4% (AED 242,000 district rent vs AED 3,785,000 in Mag Eye Phase 1). Gross yield excludes service charges and fees.

Where does this Mag Eye Phase 1 data come from?

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 2026-07-11. Medians are computed from registered residential sales; figures are indicative, not valuations.

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