PropertyIndex

MAG Eye is a completed development by MAG EYE REAL ESTATE DEVELOPMENT - FZ in Mohammed Bin Rashid City, comprising 694 registered villas. 1,019 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,035 per sqft. At AED 2,035 per sqft, MAG Eye prices 11% below the Mohammed Bin Rashid City median of AED 2,292 per sqft on registered sales.

PIX© price · 6.0% YoY
3.74MAED
Typical
2,035AED
PSF
Gross yield
4.7%
PIX© rent ÷ PIX© price
Sale records
1,019
DLD · all time
Rent contracts
1,074
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Browse the tracked homes, or select a position in any table below, to follow one through every registered owner and tenant.

Type
Bedrooms
Houses with a record

2 Bed

Size
Record
Jun 2021 to Jun 2026
Owners
4
Tenants
2
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
2Tenant 228 Jun 2026
Owner 4
4Owner 420 Feb 20267 mo
Current owner
Sold with tenant in place
1Tenant 15 Nov 202419 mo
Owner 3
3Owner 326 Aug 202418 mo
2Owner 24 Jan 20248 mo
1Owner 113 Jun 20212.6 yrs
PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

2 Bed
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MAG Eye

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
1,186 - 5,064 sqft
6943.74M2,0356.0%176K4.7%
Residential
2 Bed · Villa
1,186 - 1,481 sqft
326
3 Bed · Villa
1,187 - 3,510 sqft
266
4 Bed · Villa
2,793 - 5,064 sqft
55
Villa (Bedrooms Unknown)
1,187 - 3,372 sqft
47--
Land
Land
12,146 - 68,171 sqft
---
Sales - Project-Wide1,019 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
10 Sep 20263 BedMAG Eye1,3923,630,0002,609-StandardStandard Sale
31 Aug 20262 BedMAG Eye1,1872,710,0002,284+108.5%StandardStandard Sale
14 Aug 20262 BedMAG Eye1,4113,000,0002,127+140.2%Entry LevelPayment Plan Sale
Rentals - Project-Wide1,074 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
1 Nov 20263 BedMAG Eye1,725220,000128-PremiumCONTRACT
10 Oct 20262 BedMAG Eye1,425175,000123-StandardCONTRACT
10 Oct 20263 BedMAG Eye2,253210,00093-StandardCERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Common questions about MAG Eye

Answered from Dubai Land Department registered transactions.

How much does a property in MAG Eye cost?

Property in MAG Eye sells at a current PIX© price of AED 2,035 per sqft, or about AED 3,735,901 for a typical unit, based on 1,019 sales registered with the Dubai Land Department.

Is MAG Eye completed?

Yes. MAG Eye is recorded as completed in the Dubai Land Department project register.

Who is the developer of MAG Eye?

MAG Eye is developed by MAG EYE REAL ESTATE DEVELOPMENT - FZ, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in MAG Eye?

MAG Eye yields 4.7% gross, calculated from current PIX© rent against current PIX© sale price, across 1,074 registered Ejari contracts.

How many villas are in MAG Eye?

MAG Eye holds 694 registered villas, per the Dubai Land Department unit register.

Have prices in MAG Eye gone up or down?

Price per sqft has risen +6.0% over the last 12 months, to AED 2,035, across 1,019 registered sales.