photo: mageye.aeHanded overMAG EYE Phase 1
Progress
100%
DLD inspected 16 Aug 2024
Handover
Completed
100% at DLD inspection Aug 2024
Escrow
#0205420707303
Registered escrow account
Google rating
3.9 ★
255 reviews
Developer: Mag Eye Real Estate Development - Fz
Deals checked 29 Oct 2026 · project details as of 17 Jul 2026
Average rent Studio
48,700 AED/yr
25 contracts
Average rent 1BR
78,958 AED/yr
6 contracts
Google · this project
255 reviews
Location
This project on Google
255 Google reviews
Sale register covers the last ~3 months.
| Date | Type | Segment | Unit | Size m² | Size sqft | Price AED | AED/m² | AED/sqft |
|---|---|---|---|---|---|---|---|---|
| 16 Oct 2026 | Sales | Ready | Flat · Studio | 38.25 | 412 | 670,000 | 17,516 | 1,627 |
| 16 Oct 2026 | Mortgage | Ready | Flat · 1 B/R | 69.29 | 746 | 972,000 | 14,028 | 1,303 |
| 16 Oct 2026 | Sales | Ready | Flat · 1 B/R | 69.29 | 746 | 1,215,000 | 17,535 | 1,629 |
| 14 Oct 2026 | Mortgage | Ready | Flat · 1 B/R | 73.69 | 793 | 960,000 | 13,028 | 1,210 |
| 14 Oct 2026 | Sales | Ready | Flat · 1 B/R | 73.69 | 793 | 1,200,000 | 16,284 | 1,513 |
| 13 Oct 2026 | Sales | Ready | Flat · 1 B/R | 69.91 | 753 | 1,112,200 | 15,909 | 1,478 |
| 9 Oct 2026 | Mortgage | Ready | Flat · Studio | 38.44 | 414 | 400,000 | 10,406 | 967 |
| 7 Oct 2026 | Sales | Ready | Villa · 2 B/R | 131.04 | 1,411 | 2,000,000 | 15,263 | 1,418 |
| 5 Oct 2026 | Sales | Ready | Villa · 3 B/R | 135.68 | 1,460 | 3,789,000 | 27,926 | 2,594 |
| 2 Oct 2026 | Mortgage | Ready | Flat · Studio | 38.67 | 416 | 616,000 | 15,930 | 1,480 |
| 2 Oct 2026 | Sales | Ready | Flat · Studio | 38.67 | 416 | 725,000 | 18,748 | 1,742 |
| 24 Sept 2026 | Gifts | Ready | Villa · 4 B/R | 421.48 | 4,537 | 1,933,174.19 | 4,587 | 426 |
| 21 Sept 2026 | Mortgage | Ready | Flat · 1 B/R | 77.68 | 836 | 1,105,000 | 14,225 | 1,322 |
| 21 Sept 2026 | Sales | Ready | Flat · 1 B/R | 77.68 | 836 | 1,356,600 | 17,464 | 1,622 |
| 17 Sept 2026 | Mortgage | Ready | Villa · 3 B/R | 129.28 | 1,392 | 2,500,000 | 19,338 | 1,797 |
16 Oct 2026Ready
Sales · Flat · Studio670,000 AED
38.25 m² · 412 sqft17,516/m² · 1,627/sqft
16 Oct 2026Ready
Mortgage · Flat · 1 B/R972,000 AED
69.29 m² · 746 sqft14,028/m² · 1,303/sqft
16 Oct 2026Ready
Sales · Flat · 1 B/R1,215,000 AED
69.29 m² · 746 sqft17,535/m² · 1,629/sqft
14 Oct 2026Ready
Mortgage · Flat · 1 B/R960,000 AED
73.69 m² · 793 sqft13,028/m² · 1,210/sqft
14 Oct 2026Ready
Sales · Flat · 1 B/R1,200,000 AED
73.69 m² · 793 sqft16,284/m² · 1,513/sqft
13 Oct 2026Ready
Sales · Flat · 1 B/R1,112,200 AED
69.91 m² · 753 sqft15,909/m² · 1,478/sqft
9 Oct 2026Ready
Mortgage · Flat · Studio400,000 AED
38.44 m² · 414 sqft10,406/m² · 967/sqft
7 Oct 2026Ready
Sales · Villa · 2 B/R2,000,000 AED
131.04 m² · 1,411 sqft15,263/m² · 1,418/sqft
5 Oct 2026Ready
Sales · Villa · 3 B/R3,789,000 AED
135.68 m² · 1,460 sqft27,926/m² · 2,594/sqft
2 Oct 2026Ready
Mortgage · Flat · Studio616,000 AED
38.67 m² · 416 sqft15,930/m² · 1,480/sqft
2 Oct 2026Ready
Sales · Flat · Studio725,000 AED
38.67 m² · 416 sqft18,748/m² · 1,742/sqft
24 Sept 2026Ready
Gifts · Villa · 4 B/R1,933,174.19 AED
421.48 m² · 4,537 sqft4,587/m² · 426/sqft
21 Sept 2026Ready
Mortgage · Flat · 1 B/R1,105,000 AED
77.68 m² · 836 sqft14,225/m² · 1,322/sqft
21 Sept 2026Ready
Sales · Flat · 1 B/R1,356,600 AED
77.68 m² · 836 sqft17,464/m² · 1,622/sqft
17 Sept 2026Ready
Mortgage · Villa · 3 B/R2,500,000 AED
129.28 m² · 1,392 sqft19,338/m² · 1,797/sqft
Registered Ejari leases — sale prices are on the Sales tab.
| Start | End | Type | Unit | Size m² | Annual AED | AED/m²/yr |
|---|---|---|---|---|---|---|
| 26 Oct 2026 | 25 Oct 2027 | New | Flat | 38 | 48,000 | 1,263 |
| 20 Oct 2026 | 19 Oct 2027 | New | Flat | 39 | 120,000 | 3,077 |
| 19 Oct 2026 | 18 Oct 2027 | New | Flat | 39 | 50,000 | 1,282 |
| 16 Oct 2026 | 15 Oct 2027 | New | Flat | 69.66 | 100,000 | 1,436 |
| 15 Oct 2026 | 14 Oct 2027 | New | Flat | 36.85 | 50,000 | 1,357 |
| 13 Oct 2026 | 12 Oct 2027 | New | Flat | 40 | 50,000 | 1,250 |
| 13 Oct 2026 | 12 Oct 2027 | New | Flat | 40 | 45,000 | 1,125 |
| 9 Oct 2026 | 8 Oct 2027 | New | Flat | 37 | 60,000 | 1,622 |
| 8 Oct 2026 | 7 Oct 2027 | New | Flat | 37 | 48,000 | 1,297 |
| 7 Oct 2026 | 6 Oct 2027 | New | Flat | 39 | 45,000 | 1,154 |
| 5 Oct 2026 | 4 Oct 2027 | New | Flat | 42.47 | 48,000 | 1,130 |
| 5 Oct 2026 | 4 Oct 2027 | New | Flat | 41.79 | 60,000 | 1,436 |
| 5 Oct 2026 | 4 Oct 2027 | New | Flat | 38.46 | 48,000 | 1,248 |
| 4 Oct 2026 | 3 Oct 2027 | New | Flat | 38.65 | 48,000 | 1,242 |
| 2 Oct 2026 | 1 Oct 2027 | Renewed | Flat | 38 | 55,000 | 1,447 |
26 Oct 2026 – 25 Oct 2027New
Flat48,000 AED/yr
38 m²1,263/m²/yr
20 Oct 2026 – 19 Oct 2027New
Flat120,000 AED/yr
39 m²3,077/m²/yr
19 Oct 2026 – 18 Oct 2027New
Flat50,000 AED/yr
39 m²1,282/m²/yr
16 Oct 2026 – 15 Oct 2027New
Flat100,000 AED/yr
69.66 m²1,436/m²/yr
15 Oct 2026 – 14 Oct 2027New
Flat50,000 AED/yr
36.85 m²1,357/m²/yr
13 Oct 2026 – 12 Oct 2027New
Flat50,000 AED/yr
40 m²1,250/m²/yr
13 Oct 2026 – 12 Oct 2027New
Flat45,000 AED/yr
40 m²1,125/m²/yr
9 Oct 2026 – 8 Oct 2027New
Flat60,000 AED/yr
37 m²1,622/m²/yr
8 Oct 2026 – 7 Oct 2027New
Flat48,000 AED/yr
37 m²1,297/m²/yr
7 Oct 2026 – 6 Oct 2027New
Flat45,000 AED/yr
39 m²1,154/m²/yr
5 Oct 2026 – 4 Oct 2027New
Flat48,000 AED/yr
42.47 m²1,130/m²/yr
5 Oct 2026 – 4 Oct 2027New
Flat60,000 AED/yr
41.79 m²1,436/m²/yr
5 Oct 2026 – 4 Oct 2027New
Flat48,000 AED/yr
38.46 m²1,248/m²/yr
4 Oct 2026 – 3 Oct 2027New
Flat48,000 AED/yr
38.65 m²1,242/m²/yr
2 Oct 2026 – 1 Oct 2027Renewed
Flat55,000 AED/yr
38 m²1,447/m²/yr
MAG EYE Phase 1: common questions
Is MAG EYE Phase 1 delayed?
No. Dubai Land Department lists MAG EYE Phase 1 as finished, so construction is complete.
When is the handover of MAG EYE Phase 1?
MAG EYE Phase 1 is finished. Its planned completion date registered with Dubai Land Department was 16 August 2024.
Where is MAG EYE Phase 1 located?
MAG EYE Phase 1 is in Mbr District 7, Dubai.
Who is the developer of MAG EYE Phase 1?
MAG EYE Phase 1 is developed by Mag Eye Real Estate Development - Fz. It is registered with Dubai Land Department as project no. 2033.
Does MAG EYE Phase 1 have an escrow account?
Yes. Dubai Land Department open data lists escrow account 0205420707303. Always confirm the account with the developer or in the Dubai REST app before paying.
What are recent sale prices in MAG EYE Phase 1?
The most recent sale registered with Dubai Land Department was on 16 October 2026 for AED 670,000. Across the 76 recorded sales, the average was AED 1,748 per sq ft.
Answers are generated from Dubai Land Department open data shown on this page.