PropertyIndex

MAG Eye is a completed development by MAG EYE REAL ESTATE DEVELOPMENT - FZ in Mohammed Bin Rashid City, comprising 694 registered villas. 1,022 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,911 per sqft. At AED 1,911 per sqft, MAG Eye prices 16% below the Mohammed Bin Rashid City median of AED 2,279 per sqft on registered sales.

PIX© price · ↑10.0% YoY
3.68MAED
Typical
1,911AED
PSF
Gross yield
4.8%
PIX© rent ÷ PIX© price
Sale records
1,022
DLD · all time
Rent contracts
1,178
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
Houses with a record
…

2 Bed

Size
Record
Mar 2021 to Oct 2026
Owners
4
Tenants
3
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
3Tenant 31 Oct 2026
Owner 4
2Tenant 21 Oct 202512 mo
Owner 4
4Owner 425 Jun 202516 mo
Current owner
Sold with tenant in place
1Tenant 11 Sep 202413 mo
Owner 3
3Owner 34 Sep 202322 mo
2Owner 228 Mar 202217 mo
1Owner 118 Mar 202112 mo
PIX© Airbnb Calculator

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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
6943.68M1,911↑10.0%178K4.8%
Residential
2 Bed · Villa
1,186 - 1,481 sqft
326
3 Bed · Villa
1,187 - 3,510 sqft
267
4 Bed · Villa
2,793 - 5,064 sqft
55
Villa, bedrooms not recorded
1,187 - 3,372 sqft
46--
Land
Land
12,146 - 68,171 sqft
---
Sales - Project-Wide1,022 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
30 Oct 20262 BedMAG Eye1,4262,910,0002,040+32.3%Entry LevelStandard Sale
7 Oct 20262 BedMAG Eye1,4112,000,0001,418-4.8%Entry LevelStandard Sale
5 Oct 20263 BedMAG Eye1,4603,789,0002,594+153.0%StandardStandard Sale
Rentals - Project-Wide1,178 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
21 Nov 20262 BedMAG Eye1,187195,000164-PremiumCERTIFICATE
20 Nov 20262 BedMAG Eye1,187144,000121-Entry LevelCERTIFICATE
20 Nov 20263 BedMAG Eye1,460180,000123-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 1,911 per sqft, or about AED 3,675,007 for a typical unit, based on 1,022 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 4.8% gross, calculated from current PIX© rent against current PIX© sale price, across 1,178 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 +10.0% over the last 12 months, to AED 1,911, across 1,022 registered sales.