MAG EYE Phase 1
Mohammed Bin Rashid City, Dubai · 8 floors
859 advertisements are live in MAG EYE Phase 1 — 203 for sale and 656 to rent. Sellers ask a median of 1,859 AED per square foot. The Dubai Land Department registered 57 sales here in the last twelve months at a median of 1,899 AED per square foot — what buyers actually paid, beside what is being asked today.
Advertised now
859
203 for sale · 656 to rent
Asking AED/sqft
1,859
median of the sale listings
Registered AED/sqft
1,899
57 DLD sales, to September 2026
Registered rent AED/sqft/yr
—
0 Ejari contracts
What each third of the tower asks
A high floor in a 8-storey building is a range, not a word.
| Band | Floors | Advertised | Asking AED/sqft |
|---|---|---|---|
| high | 6–8 | 45 | 2,110 |
| mid | 4–5 | 39 | 1,970 |
| low | 1–3 | 52 | 1,912 |
What the register recorded, month by month
Median registered price per square foot, by the month the sale was registered. A month with no sale is absent rather than zero — a building sells a handful of flats a year, and a line drawn to the axis on a quiet month reads as a collapse.
| Month | Registered sales | Median AED/sqft |
|---|---|---|
| 2025-10 | 9 | 2,017 |
| 2025-11 | 5 | 2,145 |
| 2025-12 | 10 | 2,162 |
| 2026-01 | 6 | 2,372 |
| 2026-02 | 12 | 1,919 |
| 2026-03 | 1 | 1,875 |
| 2026-04 | 4 | 1,635 |
| 2026-06 | 5 | 1,515 |
| 2026-07 | 5 | 1,707 |
| 2026-08 | 3 | 1,520 |
| 2026-09 | 2 | 1,580 |
The last registered sales
Each with its own date, because the register lags. These are prices buyers paid, not asking prices — and they carry no unit number: which flat sold is not ours to publish.
- 2026-09-07AED 600,0001,459/sqftstudio BR
- 2026-09-07AED 700,0001,700/sqftstudio BR
- 2026-08-24AED 1,225,0001,407/sqft1 BR
- 2026-08-17AED 1,210,0001,520/sqft1 BR
- 2026-08-04AED 1,180,0001,582/sqft1 BR
- 2026-07-23AED 730,0001,755/sqftstudio BR
- 2026-07-22AED 700,0001,685/sqftstudio BR
- 2026-07-15AED 690,0001,751/sqftstudio BR
- 2026-07-12AED 1,150,0001,433/sqft1 BR
- 2026-07-07AED 700,0001,707/sqftstudio BR
Registered sales by segment
Room count against the third of the tower, over twelve months. A sale the register did not place on a floor is counted apart rather than folded into the low band.
| Rooms | Band | Sales | AED/sqft |
|---|---|---|---|
| studio | no floor | 17 | 1,751 |
| 1 | no floor | 11 | 1,515 |
| studio | mid | 10 | 2,386 |
| 1 | high | 10 | 2,253 |
| studio | high | 4 | 2,114 |
| 1 | low | 3 | 2,133 |
| 1 | mid | 2 | 2,177 |
Registered tenancies by segment
Ejari contracts, per square foot per year — what tenants signed, not what landlords are asking.
| Rooms | Band | Contracts | AED/sqft/yr |
|---|---|---|---|
| studio | no floor | 307 | 169 |
| 1 | no floor | 159 | 139 |
| 2 | no floor | 4 | 125 |
Questions about MAG EYE Phase 1
- How many flats are for sale in MAG EYE Phase 1?
- 203 of the 859 advertisements we currently hold in MAG EYE Phase 1 are for sale, and 656 are to rent. The same flat can be advertised by several agencies, so the number of distinct flats is lower.
- What does MAG EYE Phase 1 cost per square foot?
- Sellers are asking a median of 1,859 AED per square foot across the sale listings in MAG EYE Phase 1. That is what is being asked today, not what buyers have paid.
- What has actually sold in MAG EYE Phase 1?
- 57 sales were registered with the Dubai Land Department in the twelve months to September 2026, at a median of 1,899 AED per square foot, which puts today's asking prices 2.1% below the last recorded prices.
- How many floors does MAG EYE Phase 1 have?
- The listings report 8 floors. Floors 6 to 8 are its top third, and they hold 45 of the advertisements.
- How much does a flat in MAG EYE Phase 1 cost?
- Asking prices on the sale listings run from AED 690,000 to AED 8.80M. That is the range of what is being asked in the building right now, not an estimate of what a particular flat is worth.
- Is a high floor in MAG EYE Phase 1 worth more?
- Floors 6–8 ask a median of 2,110 AED per square foot against 1,912 on floors 1–3 — 10.3% more. Both are asking prices, and the gap is what sellers believe the view is worth rather than what a buyer paid for it.
- When was the last sale registered in MAG EYE Phase 1?
- The most recent registration we hold is dated September 2026 at AED 600,000 (1,459 AED per sqft) for a studio-bedroom flat. The register lags the market by weeks, so this is the newest fact rather than today's price.
- What layouts does MAG EYE Phase 1 have?
- The advertisements in MAG EYE Phase 1 cover 1-bedroom flats, 2-bedroom flats, 3-bedroom flats, 4-bedroom flats, studios.
Other buildings in Mohammed Bin Rashid City
Which flat, on which floor, and who is selling it
This page is about the building. The unit numbers, the floor each listing is on, the agency behind it and our valuation of every flat are in the Refty workspace.
Open MAG EYE Phase 1 in Refty