Popular in Dubai Hills Estate
Ready to Move
01/05
Starting FromPrice on Request
Status
Ready
Handover
Feb 2023
Total Units
N/A
Ownership
Freehold
Lifestyle
Luxury
Decision Support
Buyer Intelligence
Live market context for MAG EYE Phase 1 from DLD registered transactions and active listings.
DLD registered transactionsUpdated May 12, 2026
Pricing
Price on Request
Current unit pricing depends on stack, view, floor, and release phase.
Cash-flow profile
50% pre-handover
10% On Booking · 40% During Construction · 50% On Handover
50% on handover
Area PSF benchmark
AED 2,418
Dubai Hills Estate 12-month registered-sales median price per square foot.
Avg AED 2,420 / sqft
Market liquidity
4,459 sales
AED 22.9B traded in Dubai Hills Estate over the last 12 months.
1,978 sales in 6 months
Off-plan demand
58.8% share
58.8% of Dubai Hills Estate sales in the last 12 months were off-plan transactions.
Buyer demand signal
Price momentum
+4.7% YoY
Area price-per-sqft movement is a market benchmark, not a return guarantee.
About the Project
Overview
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.
Cash-flow
Payment Plan
Developer payment schedule for MAG EYE Phase 1.
10%
On Booking
40%
During Construction
50%
On Handover
Availability check
Get current release, stack, floor, and view pricing from our advisors.
Visual Experience
Gallery
World-Class
Amenities
Clubhouse
Swimming Pool
Gymnasium
Security
Retail Area
Jogging Tracks
Cycling Tracks
Mosque
Central Park
DLD Market Data
Market Activity in Dubai Hills Estate
Dubai Hills Estate recorded 4,459 DLD-registered sales worth AED 22.9B over the last 12 months, with a median price of AED 2,418 per square foot. 58.8% of those sales were off-plan, and prices moved +4.7% year-on-year.
DLD registered transactionsUpdated May 12, 2026high confidence
Median PSF by bedroom count
1 Bedroom
-
40 sales in 12 months
2 Bedrooms
-
28 sales in 12 months
3 Bedrooms
-
17 sales in 12 months
4 Bedrooms
-
6 sales in 12 months
Recent registered transactions
DLD transactions linked to MAG EYE Phase 1 and its registered project record.
| Date | Type | Beds | Size | Price | PSF |
|---|---|---|---|---|---|
| May 12, 2026 | Ready | 2 | 705 Sq Ft | AED 664,651 | AED 942 |
| May 12, 2026 | Ready | 0 | 388 Sq Ft | AED 800,000 | AED 2,065 |
| May 4, 2026 | Ready | 3 | 1,476 Sq Ft | AED 3,600,000 | AED 2,438 |
| Apr 30, 2026 | Ready | 1 | 802 Sq Ft | AED 1,000,000 | AED 1,246 |
| Apr 24, 2026 | Ready | 0 | 412 Sq Ft | AED 760,000 | AED 1,846 |
| Apr 23, 2026 | Ready | 1 | 897 Sq Ft | AED 1,480,000 | AED 1,651 |
| Apr 16, 2026 | Ready | 0 | 394 Sq Ft | AED 607,782 | AED 1,542 |
| Apr 14, 2026 | Ready | 0 | 413 Sq Ft | AED 640,000 | AED 1,550 |
| Apr 10, 2026 | Ready | 3 | 696 Sq Ft | AED 824,500 | AED 1,185 |
| Apr 6, 2026 | Ready | 2 | 1,187 Sq Ft | AED 2,950,000 | AED 2,486 |
| Apr 1, 2026 | Ready | 1 | 803 Sq Ft | AED 1,300,000 | AED 1,620 |
| Mar 26, 2026 | Ready | 2 | 1,187 Sq Ft | AED 2,750,000 | AED 2,318 |
Strategic Position
Location
Dubai Hills Estate
Discover the exceptional location of MAG EYE Phase 1 in Dubai Hills Estate, offering unparalleled access to Dubai's finest destinations.
Get DirectionsCommon Questions
FAQs
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.