Loading Property
Ready
MAG EYE Phase 1
Dubai Hills Estate · MAG Property Development · Feb 2023PriceNo price on recordWe don't have a current price for this project. Send a request and an advisor will get the latest prices and availability for you.
Key facts
Payment plan50/50
StatusReadyCompleted Feb 2023
Est. gross yield6.4%Area median
BedroomsStudio–4 bedDeveloper brochure
Units1,598Developer brochure
No prices yet? Get an email when they’re published.
Prefer a call?Leave your number and an advisor calls you back any time, 24/7.
Buying from abroad? An advisor shows it to you on a live video call.
Payment plan
50/50 · paid from booking to handover
- 10%On Booking
- 40%During Construction
- 50%On Handover
Developer payment plan · May 2026
Need a mortgage? An advisor reviews your options and recommends the right bank.
Floor plans
No floor plans on recordNo floor plans on record for this projectThey can be included with your price request.We can ask the developer to send them with the price list.Get it on WhatsApp
Is the price fair?
Asking price against DLD sales of comparable units near MAG EYE Phase 1
AskingNot on recordNo price on record yet
Median of 12 salesAED 1,655/sq ftDLD sales register
DifferenceNot on recordNeeds a price per sq ft for the unit
Asking prices from the catalogue; sold prices from the Dubai Land Department
Ask Sophia for recent DLD sales close to this project.
See what sold nearbyOwn a unit in MAG EYE Phase 1?
Ask what it's worth or sell with us. Valuations use recent DLD sales and live listings in this building; an advisor replies with a price range.
Recent sales
DLD-registered sales in MAG EYE Phase 1
Median of 12 salesAED 1,655/sq ftDLD · 12 months to Jun 2026
Sales in 12 months73DLD registered
Latest sale30 Jun 2026DLD registered
| Date | Building | Size | Price | AED/sq ft |
|---|---|---|---|---|
| 30 Jun 2026 | MAG 980 | 746 sq ft | AED 1.13M | 1,515 |
| 29 Jun 2026 | MAG 960 | 411 sq ft | AED 680K | 1,654 |
| 29 Jun 2026 | MAG EYE Phase 1 | 1,479 sq ft | AED 3.75M | 2,536 |
| 24 Jun 2026 | MAG 980 | 796 sq ft | AED 1.1M | 1,382 |
| 19 Jun 2026 | MAG EYE 910 | 414 sq ft | AED 685K | 1,656 |
| 17 Jun 2026 | MAG 970 | 793 sq ft | AED 1.2M | 1,513 |
| 10 Jun 2026 | MAG EYE Phase 1 | 1,411 sq ft | AED 3.1M | 2,198 |
| 14 May 2026 | MAG EYE Phase 1 | 1,460 sq ft | AED 3.58M | 2,448 |
- 30 Jun 20261 bed · 746 sq ftAED 1.13M
- 29 Jun 2026Studio · 411 sq ftAED 680K
- 29 Jun 20263 bed · 1,479 sq ftAED 3.75M
- 24 Jun 20261 bed · 796 sq ftAED 1.1M
- 19 Jun 2026Studio · 414 sq ftAED 685K
- 17 Jun 20261 bed · 793 sq ftAED 1.2M
- 10 Jun 20262 bed · 1,411 sq ftAED 3.1M
- 14 May 20263 bed · 1,460 sq ftAED 3.58M
DLD sales transactions · MAG EYE Phase 1 · Apr 2026 – Jun 2026
Price history
Area trend for Dubai Hills Estate
| Dec 2025 | AED 2,469/sq ft |
|---|---|
| Jan 2026 | AED 2,505/sq ft |
| Feb 2026 | AED 2,329/sq ft |
| Mar 2026 | AED 2,445/sq ft |
| Apr 2026 | AED 2,428/sq ft |
| May 2026 | AED 2,366/sq ft |
| Jun 2026 | AED 2,209/sq ft |
| Jul 2026 | AED 2,233/sq ft |
DLD sales transactions · Dubai Hills Estate · monthly medians · Dec 2025 – Jul 2026
Location
Dubai Hills Estate
- Dubai Hills MallPremium 2M sqft mall with ski slope0.5 km
- Dubai Hills ParkExpansive green park with cycling tracks0.8 km
- Dubai Hills Golf Club18-hole Championship golf course1.0 km
- King's College Hospital DubaiWorld-class hospital1.5 km
- GEMS Wellington AcademyBritish curriculum K-130.7 km
- Al Barsha MetroNearest metro access point5.0 km
Developer
About MAG EYE Phase 1
MAG EYE Phase 1 (also known as MAG City Phase 1) is a prestigious gated master community located in District 7 of Mohammed Bin Rashid City (MBR City), Meydan, Dubai. Designed as a modern urban sanctuary, the development offers a sophisticated lifestyle that blends sleek contemporary architecture with expansive green spaces. The community features a curated selection of residential options including modern studio and 1-bedroom apartments with floor-to-ceiling windows, alongside spacious townhouses that emphasize natural lighting and airy layouts.
Residents enjoy access to world-class amenities including a central clubhouse, multiple swimming pools, state-of-the-art indoor and outdoor gyms, children's play areas, dedicated jogging and cycling tracks, and a variety of retail spaces. Strategically positioned between Al Khail Road and Sheikh Mohammed Bin Zayed Road, MAG EYE Phase 1 provides unmatched convenience, ensuring residents are just minutes away from Downtown Dubai, the Burj Khalifa, Meydan Racecourse, and Dubai International Airport.
- Clubhouse
- Swimming Pool
- Gymnasium
- Security
- Retail Area
- Jogging Tracks
- Cycling Tracks
- Mosque
- Central Park
Images supplied by the developer may be renders and can differ from the finished unit. Floor plans are indicative.
Common questions
What is the starting price for MAG EYE Phase 1?
MAG EYE Phase 1 by MAG Property Development in Dubai Hills Estate starts from Price on Request. Prices vary based on unit type, floor, and view. Contact our team for detailed pricing across all available layouts and current promotional offers.
What payment plans are available for MAG EYE Phase 1?
MAG EYE Phase 1 offers a flexible payment plan payment structure. Typical plans include an initial booking deposit, installments during construction, and final payment on handover. Our consultants can explain the specific payment schedule and help you plan your investment.
When will MAG EYE Phase 1 be completed?
MAG EYE Phase 1 is scheduled for completion in 2023-02. The project is ready for immediate occupancy.
Is MAG EYE Phase 1 a good investment?
MAG EYE Phase 1 by MAG Property Development in Dubai Hills Estate offers strong investment potential. Dubai Hills Estate is one of Dubai's sought-after locations with consistent demand from both residents and investors. The project's location, developer reputation, and payment plan make it attractive for both end-users and investors seeking rental yields or capital appreciation.
Who is the developer of MAG EYE Phase 1?
MAG EYE Phase 1 is developed by MAG Property Development, an established property developer in Dubai's real estate market. All developers in Dubai are regulated by RERA to ensure buyer protection.
What amenities does MAG EYE Phase 1 offer?
MAG EYE Phase 1 offers world-class amenities including Clubhouse, Swimming Pool, Gymnasium, Security, Retail Area and 4 more facilities. These amenities are designed to provide residents with a premium lifestyle experience.