Dubai Hills
Mag Eye Phase 1
MAG EYE REAL ESTATE DEVELOPMENT - FZ · Selling since 2018 · recent sales mostly resales
Median per sqft
AED 1,551/sqft
3yr CAGR
+5.3%
5yr projection (1,000 sqft)
AED 2,411,431
AED 1,697,782 to AED 3,418,751, from 7.4 years of this project's own history. A trend, not a forecast.
Confidence
Wide range
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Mag Eye Phase 1 — not an asking price, and not this project’s overall median, which mixes every unit size together.
Price per sqft trend
What it returns
A year’s rent against what that size actually sold for in Mag Eye Phase 1 over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in Mag Eye Phase 1 itself; the rest are homes of the same size in Dubai Hills, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| Studio | AED 770K | AED 56,000/yrthis building · 260 new lets | 7.3% | 41 |
| 1 bed | AED 1.35M | AED 85,000/yrthis building · 123 new lets | 6.3% | 31 |
| 2 beds | AED 3M | AED 160,000/yrthis building · 105 new lets | 5.3% | 17 |
| 3 beds | AED 3.73M | AED 193,000/yrthis building · 109 new lets | 5.2% | 14 |
Due diligence
Price vs. Dubai Hills median
-30.5%
Priced at or below the area's real median.
Developer track record
2,369 real transactions
1 completed · 0 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
Nearest school
606 m
GEMS International School, Al Khail
Nearest hospital
929 m
Kings Hospital
Nearest supermarket
1.3 km
Carrefour Market
Schools
- GEMS International School, Al Khail606 m
- GEMS New Millenium School636 m
- GEMS Wellington Academy765 m