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What is a home in MAG EYE Phase 1 worth?

in Mohammed Bin Rashid City

All ready homes in this project: 98 registered sales in the 12 months to 12 Nov 2026.

Studio apartment

Median value
AED 725,000
AED 690,000AED 759,000

Middle half of sales

Median price per sq ft1,755 AED/sq ft
Sales of this home type, 12 months to 12 Nov 202637
Automated estimate, not a valuation by a registered valuer. Source: Dubai Land Department open data. Sales to 12 Nov 2026.

Value your own home

Your bedrooms and size give a closer estimate.
Project

sq ft

Values by type and bedrooms

Apartments

Median value Middle half AED/sq ft Typical size (sq ft) Typical rent a year Gross yield Sales
Studio AED 725,000 AED 690,000to 759,000 1,755 412 AED 51,800 7.1% 37
1 bedroom AED 1,258,000 AED 1,190,000to 1,368,000 1,608 796 AED 79,700 6.3% 29

Villas and townhouses

Median value Middle half AED/sq ft Typical size (sq ft) Typical rent a year Gross yield Sales
2 bedrooms AED 2,910,000 AED 2,710,000to 2,995,000 2,126 1,411 AED 157,000 5.4% 12
3 bedrooms AED 3,633,000 AED 3,584,000to 3,750,000 2,532 1,460 AED 190,000 5.2% 16
Automated estimate, not a valuation by a registered valuer. Source: Dubai Land Department open data. Sales to 12 Nov 2026.
About these figures

Our calculation from DLD data: registered prices brought to today's prices. Floor, view and condition are not in the data.

Ready homes. Registered sales of the 12 months to 12 Nov 2026, brought to today's prices with the Dubai Statistics Center price index; rents from new contracts over the same months. Bedroom counts with fewer than 5 sales are left out.

Source: Dubai Land Department open data. Rent contracts starting up to 12 Nov 2026.

Price per sq ft over two years

Apartments
Dec 2024 1,647 AED/sq ft
Nov 20261,461 AED/sq ft
The figures
MonthAED/sq ftSales
Dec 20241,647 AED/sq ft18 sales
Jan 20251,656 AED/sq ft18 sales
Feb 20251,638 AED/sq ft26 sales
Mar 20251,759 AED/sq ft22 sales
Apr 20251,740 AED/sq ft19 sales
May 20251,699 AED/sq ft16 sales
Jun 20251,820 AED/sq ft7 sales
Jul 20251,751 AED/sq ft14 sales
Aug 20251,751 AED/sq ft4 sales
Sep 20251,825 AED/sq ft10 sales
Oct 20251,801 AED/sq ft9 sales
Nov 20251,719 AED/sq ft5 sales
Dec 20251,776 AED/sq ft10 sales
Jan 20261,874 AED/sq ft6 sales
Feb 20261,854 AED/sq ft12 sales
Mar 20261,875 AED/sq ft1 sales
Apr 20261,550 AED/sq ft6 sales
May 20262,062 AED/sq ft1 sales
Jun 20261,515 AED/sq ft5 sales
Jul 20261,707 AED/sq ft5 sales
Aug 20261,520 AED/sq ft3 sales
Sep 20261,623 AED/sq ft3 sales
Oct 20261,626 AED/sq ft6 sales
Nov 20261,461 AED/sq ft5 sales
Villas and townhouses
Dec 2024 1,949 AED/sq ft
Nov 20262,586 AED/sq ft
The figures
MonthAED/sq ftSales
Dec 20241,949 AED/sq ft4 sales
Jan 20251,931 AED/sq ft7 sales
Feb 20252,038 AED/sq ft9 sales
Mar 20252,161 AED/sq ft7 sales
Apr 20252,241 AED/sq ft11 sales
May 20252,128 AED/sq ft6 sales
Jun 20251,938 AED/sq ft7 sales
Jul 20252,233 AED/sq ft5 sales
Aug 20252,162 AED/sq ft3 sales
Sep 20251,705 AED/sq ft5 sales
Oct 20252,276 AED/sq ft4 sales
Nov 20251,395 AED/sq ft2 sales
Dec 20252,316 AED/sq ft5 sales
Jan 20262,105 AED/sq ft2 sales
Feb 20262,325 AED/sq ft6 sales
Mar 20262,317 AED/sq ft3 sales
Apr 20261,185 AED/sq ft2 sales
May 20262,439 AED/sq ft3 sales
Jun 20262,197 AED/sq ft2 sales
Jul 20262,550 AED/sq ft1 sales
Aug 20262,126 AED/sq ft2 sales
Sep 20262,608 AED/sq ft1 sales
Oct 20262,041 AED/sq ft3 sales
Nov 20262,586 AED/sq ft1 sales

Median price per sq ft by month in MAG EYE Phase 1, as registered, every bedroom count.

Source: Dubai Land Department open data. Sales to 12 Nov 2026.

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Questions about home values in MAG EYE Phase 1

How much is a studio apartment in MAG EYE Phase 1 worth?

About AED 725,000. That is the median of 37 registered sales in the 12 months to 12 Nov 2026, brought to today's prices; the middle half sold between AED 690,000 and AED 759,000. Floor, view and condition are not in the data, so a home can sell inside or outside that range.

What rent does a studio apartment in MAG EYE Phase 1 get?

About AED 51,800 a year, the median of 293 new rent contracts registered in MAG EYE Phase 1 in the last 12 months. Against the median sale price, that is a gross yield of 7.1%.

Where do these values come from?

From sales registered with the Dubai Land Department and published as open data. We take the ready homes sold in MAG EYE Phase 1 over the last 12 months, bring each price to today's level with the Dubai Statistics Center price index, leave out sales far from the median, and show the median and the middle half for each type and bedroom count.

Can I get a value for my own home?

Yes. Add it, free: you pick your unit from the DLD unit register, and your home's page shows the estimate for its size and bedroom count, every comparable sale, and the value history. For a quick range without an account, use the tool on this page.

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ElsewhereEverything about MAG EYE Phase 1 on Skyline IndexMAG EYE Phase 1 on CraneScore: construction record and launch prices
Sources and notes
Not handed over yet? CraneScore estimates off-plan units Source: Dubai Land Department open data. Sales to 12 Nov 2026. Source: Dubai Land Department open data. Rent contracts starting up to 12 Nov 2026. For a mortgage, a sale contract or a legal matter, use a RERA-certified valuer.

Our calculation from DLD data

Data: Dubai Land Department and Dubai Data open data

My Unit Worth is not part of, or affiliated with, the Dubai Land Department or RERA. Nobody can pay to change a figure.

Automated estimate, not a valuation by a registered valuer.

© 2026 My Unit Worth