Dubai Market Data

Registered sales and Ejari contracts, organized for clear comparisons and better property decisions.

Public records · Dubai Land Department

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MAG EYE Phase 1

Completed

Developed by MAG EYE REAL ESTATE DEVELOPMENT - FZ. Located in Hadaeq Sheikh Mohammed Bin Rashid.

Construction progress100%Expected 1 Feb 2023
Units9048 buildings · 694 villas
Registered sales2,377101 in the last 12 months
Median sale priceAED 1.16MMedian of registered salesAED 1,223/sqft

Registry record

Project number
2033
Name on the register
ماج آي المرحلة 1
Developer
MAG EYE REAL ESTATE DEVELOPMENT - FZ
Master developer
مجموعة ميدان (ش.ذ.م.م)
Escrow agent
EMIRATES NBD BANK (P.J.S.C)
Zoning authority
Dubai Municipality
Master project
HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7
Start date
1 May 2018
Expected completion
16 Aug 2024
Actual completion
1 Feb 2023
Cancelled
Not recorded
Plots
48
Progress
100%

8X (B+G+8+R) Residential Building & 694 townhouses G+1.The project designed to have a concrete structure and block with internal and external finishes.

Sales evidence

Median size
823 sqft
Median price per sqft
AED 1,223/sqft
Total value transacted
AED 3.20B
Off-plan vs ready
1,888 off-plan · 489 ready
First sale
5 Mar 2018
Latest sale
7 Oct 2026

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
13 Oct 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7FlatResidential · Existing Properties1 B/R753 sqftAED 1,478/sqftAED 1,112,200
7 Oct 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7VillaResidential · Existing Properties2 B/R1,411 sqftAED 1,418/sqftAED 2,000,000
5 Oct 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7VillaResidential · Existing Properties3 B/R1,460 sqftAED 2,594/sqftAED 3,789,000
2 Oct 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7FlatResidential · Existing PropertiesStudio416 sqftAED 1,742/sqftAED 725,000
21 Sept 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7FlatResidential · Existing Properties1 B/R836 sqftAED 1,622/sqftAED 1,356,600
10 Sept 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7VillaResidential · Existing Properties3 B/R1,392 sqftAED 2,609/sqftAED 3,630,000
7 Sept 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7FlatResidential · Existing PropertiesStudio412 sqftAED 1,700/sqftAED 700,000
7 Sept 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7FlatResidential · Existing PropertiesStudio411 sqftAED 1,459/sqftAED 600,000
31 Aug 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7VillaResidential · Existing Properties2 B/R1,187 sqftAED 2,284/sqftAED 2,710,000
24 Aug 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7FlatResidential · Existing Properties1 B/R871 sqftAED 1,407/sqftAED 1,225,000
17 Aug 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7FlatResidential · Existing Properties1 B/R796 sqftAED 1,520/sqftAED 1,210,000
14 Aug 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7VillaResidential · Existing Properties2 B/R1,411 sqftAED 2,127/sqftAED 3,000,000
10 Aug 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7FlatResidential · Existing PropertiesStudio394 sqftAED 72/sqftAED 28,537
10 Aug 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7FlatResidential · Existing PropertiesStudio394 sqftAED 84/sqftAED 33,115
7 Aug 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7FlatResidential · Existing PropertiesStudio413 sqftAED 72/sqftAED 29,523
4 Aug 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7FlatResidential · Existing Properties1 B/R746 sqftAED 1,582/sqftAED 1,180,000
28 Jul 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7FlatResidential · Existing PropertiesStudio411 sqftAED 84/sqftAED 34,564
27 Jul 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7FlatResidential · Existing PropertiesStudio416 sqftAED 140/sqftAED 58,329
24 Jul 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7FlatResidential · Existing PropertiesStudio416 sqftAED 1,755/sqftAED 730,000
22 Jul 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7FlatResidential · Existing PropertiesStudio415 sqftAED 1,685/sqftAED 700,000
15 Jul 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7FlatResidential · Existing PropertiesStudio394 sqftAED 1,751/sqftAED 690,000
13 Jul 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7FlatResidential · Existing Properties1 B/R802 sqftAED 1,433/sqftAED 1,150,000
8 Jul 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7VillaResidential · Existing Properties3 B/R1,392 sqftAED 2,551/sqftAED 3,550,000
8 Jul 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7FlatResidential · Existing PropertiesStudio410 sqftAED 1,707/sqftAED 700,000
30 Jun 2026Hadaeq Sheikh Mohammed Bin RashidMAG EYE Phase 1HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7FlatResidential · Existing Properties1 B/R746 sqftAED 1,515/sqftAED 1,130,000

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication. Refresh times vary by dataset; records shown here are not a live feed.