PropertyIndex

MAG EYE REAL ESTATE DEVELOPMENT - FZ

Developer in Dubai · 1 project across 1 community

MAG EYE REAL ESTATE DEVELOPMENT - FZ is a Dubai property developer with 1 registered project comprising 2,571 units. 111 sales are registered with the Dubai Land Department across its portfolio, at a current PIX© price of AED 1,836 per sqft. At AED 1,836 per sqft, MAG EYE REAL ESTATE DEVELOPMENT - FZ prices 4% below the Dubai market average of AED 1,921 per sqft on registered sales.

Projects
1
1 completed
Inventory
2,571units
2,571 completed
Communities
1
across Dubai
PIX© PSF
1,836AED/sqft
6.9% YoY
Gross yield
6.0%
PIX© rent ÷ PIX© price
Sale records
111
DLD · L12M · 204.88M AED
Rent contracts
634
Ejari · L12M

Delivery track record

Handovers completed and the forward pipeline, by expected completion year, from DLD project registrations.

Delivered
1 project
2,571 units
In pipeline
0 projects
-
’24
Delivered unitsPipeline unitsRegistered inventory by completion year · n/d = no date on record

Portfolio

Every MAG EYE REAL ESTATE DEVELOPMENT - FZ project. PIX© PSF-priced projects appear first; projects without a current price follow. Select a marker or number for the snapshot.

Map of comparable projects in this portfolio
CompletedSelectedNumbers follow table order · PIX© PSF-priced projects first
Selected · #1 of 1
MAG EYE Phase 1
MAG EYE REAL ESTATE DEVELOPMENT - FZCompleted
PIX© PSF
Trend
Typical price
Yield
Units
2,571
Sales · L12M
111
Rents · L12M
634
RankProjectUnitsPIX© PSFPSF YoYTypical priceYieldSalesRents
MAG EYE Phase 1
MAG EYE REAL ESTATE DEVELOPMENT - FZ · Completed
2,571111634
Sales and rents are last-12-month DLD/Ejari records.

Common questions about MAG EYE REAL ESTATE DEVELOPMENT - FZ

Answered from Dubai Land Department registered transactions.

How much does a MAG EYE REAL ESTATE DEVELOPMENT - FZ property cost?

MAG EYE REAL ESTATE DEVELOPMENT - FZ prices at AED 1,836 per sqft on current PIX© values, based on 111 sales registered with the Dubai Land Department in the last 12 months.

What rental yield do MAG EYE REAL ESTATE DEVELOPMENT - FZ properties achieve?

MAG EYE REAL ESTATE DEVELOPMENT - FZ yields 6.0% gross, calculated from current PIX© rents against current PIX© sale prices across 634 registered Ejari contracts.

How many projects does MAG EYE REAL ESTATE DEVELOPMENT - FZ have in Dubai?

MAG EYE REAL ESTATE DEVELOPMENT - FZ holds 1 registered project comprising 2,571 units, per the Dubai Land Department project register.

Where does MAG EYE REAL ESTATE DEVELOPMENT - FZ build in Dubai?

MAG EYE REAL ESTATE DEVELOPMENT - FZ has registered projects in Hadaeq Sheikh Mohammed Bin Rashid - District 7, per the Dubai Land Department project register.

Have MAG EYE REAL ESTATE DEVELOPMENT - FZ prices gone up or down?

Prices across MAG EYE REAL ESTATE DEVELOPMENT - FZ's portfolio have fallen -6.9% over the last 12 months, to AED 1,836 per sqft, across 111 registered sales.

Is MAG EYE REAL ESTATE DEVELOPMENT - FZ expensive compared to the Dubai market?

At AED 1,836 per sqft, MAG EYE REAL ESTATE DEVELOPMENT - FZ prices 4% below the Dubai market average of AED 1,921 per sqft on registered sales.