Jumeirah Lakes Towers · area photo
Mbl Signature
Jumeirah Lakes Towers · MAG
Due Mar 2027DLD register
Median home price, Oct 2025–Sep 2026AED 1.5m
Mag Eye Phase 1
Hadaeq Sheikh Mohammed Bin Rashid MAGDLD project 2033
Sheikh Zayed Road towers seen from above. A general view of Dubai, not this projectPhoto: monicker, Wikimedia Commons, CC BY-SA 3.0, resized and cropped
The short answer
Mag Eye Phase 1 is listed as finished on the DLD register. Its 104 home sales over Oct 2025–Sep 2026 registered at a median AED 1.2m, AED 1,820 per sq ft.
DLD registerSourceDLD project registerFigureas the register lists itDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
Finished
project 2033
Sales since Jan 2019SourceDLD registered salesWindowJan 2019–5 Oct 2026Based on2,355 salesFigurecount of registered sales of every typeDatasales to 5 Oct 2026How it is worked out
2,355
registered with DLD, all types
Median StudioSourceDLD registered salesWindowOct 2025–Sep 2026Based on42 salesFiguremedian price and median price per sq ft of home sales of this sizeDatasales to 5 Oct 2026How it is worked out
AED 738k
AED 1,784/sq ft · 42 sales
Median home priceSourceDLD registered salesWindowOct 2025–Sep 2026Based on104 salesFiguremedian of registered home sales, not an asking priceDatasales to 5 Oct 2026How it is worked out
AED 1.2m
104 home sales, Oct 2025–Sep 2026
Sales, 12 monthsSourceDLD registered salesWindowOct 2025–Sep 2026Based on104 salesFigureregistered sales of every property typeDatasales to 5 Oct 2026How it is worked out
104
−64% on Oct 2024–Sep 2025
Registered prices of 1-bedroom homes here, Oct 2025–Sep 2026
Lower quartile, median and upper quartile of 29 home sales; median size 802 sq ft.
The DLD project register
FinishedFinished on the DLD register
100% built at DLD’s inspection on 16 Aug 2024.
- DLD project number
- 2033
- Status
- Finished
- Completion date
- 16 Aug 2024
- Start date
- 1 May 2018
- Registered
- 25 Mar 2018
- Developer
- Mag Eye Real Estate Development - Fz · DLD developer 1225
- Escrow account bank
- Emirates Nbd Bank ()
- Units
- 128
- Buildings
- 1: Mag Eye 890
Inspection history: 17 inspections on the register
| Inspection date | Built |
|---|---|
| 16 Aug 2024 | 100% |
| 3 Jul 2024 | 94.53% |
| 11 Jun 2024 | 94.03% |
| 11 Jun 2024 | 94.03% |
| 12 Jun 2023 | 81.86% |
| 26 Sep 2022 | 73.17% |
| 11 Apr 2022 | 54.19% |
| 18 Jan 2022 | 40.71% |
| 12 Sep 2021 | 27.11% |
| 3 May 2021 | 20.03% |
| 2 Feb 2021 | 10.5% |
| 21 Oct 2020 | 5.48% |
| 13 Aug 2020 | 7.45% |
| 12 Mar 2020 | 1.83% |
| 24 Nov 2019 | 1.26% |
| 18 Feb 2019 | 0.1% |
| 7 Nov 2018 | 0.1% |
Source: Dubai Land Department project register, read 13 Oct 2026. The register’s own figures, shown as it lists them.
Developer’s reply: none yet. MAG can send a reply about these figures; replies are checked before they’re published and never change a number. How developers reply
Statement ID S-2033-H1 · DLD register read 13 Oct 2026
Home prices by size
registered home sales, Oct 2025–Sep 2026| Size | Sales | Median price | Median AED /sq ft | Median size, sq ft |
|---|---|---|---|---|
| Studio | 42 | AED 738k | 1,784 | 411 |
| 1 BR | 29 | AED 1.4m | 1,623 | 802 |
| 2 BR | 16 | AED 2.9m | 2,233 | 1,309 |
| 3 BR | 15 | AED 3.7m | 2,534 | 1,461 |
| 4 BR | 2 · fewer than 5 | — | — | — |
Medians of registered flat and villa sales with no data-quality flag; a size with fewer than 5 sales shows no median.
Check an asking price
use the size on the sale contractEnter the size and the asking price to compare them with registered sales.
The size starts at the median registered size for that size here; use the size on your sale contract. Fees as listed on DLD’s Property Sale Registration page. Compare with other projects in the price check
Price against launch
median price per sq ft, homes| Size | Launch | Sales | Latest | Sales | Change |
|---|---|---|---|---|---|
| Studio | AED 1,030 | 39 | AED 1,459 | 11 | +42% |
Launch: first 90 days of registered sales of off-plan homes, 13 Mar 2019 to 10 Jun 2019. Latest: every home sale of that size, Jul–Sep 2026. Shown only where both have at least 5 sales.
Latest registered sales
All recent sales| Date | Type | Sq ft | Price | AED /sq ft | vs area |
|---|---|---|---|---|---|
| 2 Oct 2026 | Flat · Studio Ready | 417 | AED 725k | 1,742 | −9% |
| 21 Sep 2026 | Flat · 1 BR Ready | 836 | AED 1.4m | 1,623 | −31% |
| 10 Sep 2026 | Villa · 3 BR Ready | 1,392 | AED 3.6m | 2,609 | +4% |
| 7 Sep 2026 | Flat · Studio Ready | 412 | AED 700k | 1,700 | −12% |
| 7 Sep 2026 | Flat · Studio Ready | 411 | AED 600k | 1,459 | −24% |
| 31 Aug 2026 | Villa · 2 BR Ready | 1,186 | AED 2.7m | 2,284 | −4% |
| 24 Aug 2026 | Flat · 1 BR Ready | 871 | AED 1.2m | 1,407 | −40% |
| 17 Aug 2026 | Flat · 1 BR Ready | 797 | AED 1.2m | 1,520 | −35% |
| 14 Aug 2026 | Villa · 2 BR Ready | 1,410 | AED 3.0m | 2,127 | −11% |
| 10 Aug 2026 | Flat · Studio Ready | 394 | AED 29k | 72 | −96% |
Every type of sale, newest first; DLD publishes no time of day. Price per sq ft for homes only. “vs area”: against the median for that size in Hadaeq Sheikh Mohammed Bin Rashid, Oct 2025–Sep 2026.
MAG’s ads
MAG isn’t advertising Mag Eye Phase 1 on Facebook or Instagram right now. When it does, the ads will show here with the prices they quote.
Checked in Meta’s Ad Library on 26 Oct 2026 · MAG Developments in the Ad Library
Hadaeq Sheikh Mohammed Bin Rashid market insights
Registered with DLD under the district Hadaeq Sheikh Mohammed Bin Rashid, 2019 to 5 Oct 2026.
AED 2,372Sep 2026+18%on Oct 2023
Each point is the median price per square foot of the month’s registered home sales (flats and villas). A month with fewer than 10 home sales is left as a gap. Registered prices, not asking prices.
Most sold size
1 bedroom
Share of the home sales over Oct 2025–Sep 2026 that recorded a bedroom count
Sales a year
4,918 sales2025+120%on 2019
Full years only, registered sales of every type. 2,067 sales in 2026 to 5 Oct.
Off-plan share
47% of the 3,043 sales over Oct 2025–Sep 2026 were registered as off-plan, DLD’s own registration type.
The full record
every figure behind the summarySales by year and by month
| Year | Sales | Off-plan | Ready | Value | Median home price | Median AED /sq ft |
|---|---|---|---|---|---|---|
| 2019 | 132 | 131 | 1 | AED 73.4m | AED 429k | 1,036 |
| 2020 | 237 | 214 | 23 | AED 220m | AED 445k | 1,059 |
| 2021 | 948 | 946 | 2 | AED 1.21bn | AED 1.3m | 1,102 |
| 2022 | 305 | 305 | 0 | AED 366m | AED 1.1m | 1,433 |
| 2023 | 192 | 192 | 0 | AED 259m | AED 1.2m | 1,463 |
| 2024 | 237 | 100 | 137 | AED 402m | AED 1.3m | 1,728 |
| 2025 | 234 | 0 | 234 | AED 428m | AED 1.3m | 1,807 |
| 2026 to 5 Oct | 70 | 0 | 70 | AED 113m | AED 1.2m | 1,848 |
Sales and value: registered sales of every property type since Jan 2019. Off-plan: DLD’s registration type; Ready: every other sale. Medians: home sales only, shown with 5 or more.
2,354sales registered, Mar 2019 to Sep 2026
Every registered sale, all property types.
Other projects in Hadaeq Sheikh Mohammed Bin Rashid
3,043 sales were registered in Hadaeq Sheikh Mohammed Bin Rashid over Oct 2025–Sep 2026, with homes at a median AED 2,260 per sq ft over Jul–Sep 2026.
| Project | Developer | DLD register | Sales, Oct 2025–Sep 2026 | Median home price |
|---|---|---|---|---|
| Palace Residences Hillside A | Emaar | Due Jun 2029 | 345 | AED 2.6m |
| Eden Hills | Eden Hills | Due Dec 2026 | 185 | — |
| Rosehill | Emaar | Due Jun 2029 | 166 | AED 1.7m |
| Greencrest | Emaar | Due Jun 2029 | 141 | AED 1.8m |
| Vida Residences Hillside | Emaar | Due May 2029 | 119 | AED 2.0m |
| Parkwood | Emaar | Due Jan 2029 | 80 | AED 2.0m |
| Elvira | Emaar | Finished | 72 | AED 2.4m |
| Park Ridge | Emaar | Finished | 67 | AED 2.1m |
| Park Horizon | Emaar | Finished | 62 | AED 2.4m |
| Lime Gardens | Emaar | Finished | 61 | AED 2.5m |
| City View Dubai Hills Residences | City View | Due Mar 2027 | 61 | AED 2.5m |
| Ellington House | Ellington | Finished | 60 | AED 2.4m |
Median home price over Oct 2025–Sep 2026, shown with 5 or more home sales.
Other projects by MAG
| Project | Area | Completion date | Built | Sales, Oct 2025–Sep 2026 |
|---|---|---|---|---|
| Mbl Signature | Jumeirah Lakes Towers | Mar 2027 | 60.1% | 130 |
| Mag 5 Boulevard | Madinat Al Mataar | Finished | — | 94 |
| Mag 330 | City of Arabia | Finished | — | 61 |
| Mag 318 | Business Bay | Finished | — | 30 |
| Mag218 | Dubai Marina | Finished | — | 29 |
| Keturah Reserve | Hadaeq Sheikh Mohammed Bin Rashid | Jun 2027 | 10% | 11 |
| Keturah Resort | Al Jadaf | Feb 2026 | 15.3% | 11 |
| Mag 22 | Nad Al Shiba First | Finished | — | 2 |
More from MAG
Every MAG projectDubai, general view
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Median home price, Oct 2025–Sep 2026AED 1.3m
Dubai, general view
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Hadaeq Sheikh Mohammed Bin Rashid · MAG
Due Jun 2027DLD register
Median home price, Oct 2025–Sep 2026AED 5.7m
Photos: Jumeirah Lake Towers by Guilhem Vellut (Wikimedia Commons, CC BY 2.0); Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Sheikh Zayed Road from above by monicker (Wikimedia Commons, CC BY-SA 3.0); Business Bay and the Dubai Water Canal by Sergei Gussev (Wikimedia Commons, CC BY 2.0); Dubai Marina by Norlando Pobre (Wikimedia Commons, CC BY 2.0). Resized and cropped.
More projects in Hadaeq Sheikh Mohammed Bin Rashid
Everything in Hadaeq Sheikh Mohammed Bin RashidDubai, general view
Palace Residences Hillside A
Hadaeq Sheikh Mohammed Bin Rashid · Emaar
Due Jun 2029DLD register
Median home price, Oct 2025–Sep 2026AED 2.6m
Dubai, general view
Eden Hills
Hadaeq Sheikh Mohammed Bin Rashid · Eden Hills
Due Dec 2026DLD register
Fewer than 5 home sales, Oct 2025–Sep 2026—
Dubai, general view
Rosehill
Hadaeq Sheikh Mohammed Bin Rashid · Emaar
Due Jun 2029DLD register
Median home price, Oct 2025–Sep 2026AED 1.7m
Dubai, general view
Greencrest
Hadaeq Sheikh Mohammed Bin Rashid · Emaar
Due Jun 2029DLD register
Median home price, Oct 2025–Sep 2026AED 1.8m
Dubai, general view
Vida Residences Hillside
Hadaeq Sheikh Mohammed Bin Rashid · Emaar
Due May 2029DLD register
Median home price, Oct 2025–Sep 2026AED 2.0m
Dubai, general view
Parkwood
Hadaeq Sheikh Mohammed Bin Rashid · Emaar
Due Jan 2029DLD register
Median home price, Oct 2025–Sep 2026AED 2.0m
Photos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Sheikh Zayed Road from above by monicker (Wikimedia Commons, CC BY-SA 3.0); Towers in Business Bay by giggel (Wikimedia Commons, CC BY 3.0). Resized and cropped.
Before you buy a home in Mag Eye Phase 1
About Mag Eye Phase 1
Mag Eye Phase 1 is a MAG project in Hadaeq Sheikh Mohammed Bin Rashid, Dubai, registered with the Dubai Land Department as project 2033 by Mag Eye Real Estate Development - Fz. The register lists it as finished.
2,355 sales have been registered since Jan 2019, the first on 13 Mar 2019, 104 of them over Oct 2025–Sep 2026. Over those twelve months its 104 home sales registered at a median AED 1.2m. The sales include 29 land plots, left out of every price figure. These are prices buyers paid, recorded at registration, not asking prices.
By sales since Jan 2019 it is first of the 74 projects with a registered sale in Hadaeq Sheikh Mohammed Bin Rashid, and first of MAG’s 9.
Questions about Mag Eye Phase 1
Is Mag Eye Phase 1 finished?
Yes. The DLD register lists Mag Eye Phase 1 as finished.
What do homes in Mag Eye Phase 1 sell for?
Studio: a median AED 738k, AED 1,784 per sq ft, from 42 sales; 1 BR: a median AED 1.4m, AED 1,623 per sq ft, from 29 sales; 2 BR: a median AED 2.9m, AED 2,233 per sq ft, from 16 sales; 3 BR: a median AED 3.7m, AED 2,534 per sq ft, from 15 sales. Registered home sales over Oct 2025–Sep 2026, not asking prices.
How many sales has Mag Eye Phase 1 had?
2,355 sales registered with the Dubai Land Department since Jan 2019, 104 of them over Oct 2025–Sep 2026. The count includes 29 land plots, which are left out of every price figure.
Who is the developer of Mag Eye Phase 1?
The DLD register lists Mag Eye Real Estate Development - Fz, DLD developer number 1225, which we group under MAG.
Where is Mag Eye Phase 1?
In Hadaeq Sheikh Mohammed Bin Rashid, Dubai. The Dubai Land Department registers its sales under the district Hadaeq Sheikh Mohammed Bin Rashid. Homes there registered at a median AED 2,260 per sq ft over Jul–Sep 2026.
Which escrow account does DLD list for Mag Eye Phase 1?
The DLD project register lists an escrow account with Emirates Nbd Bank () for Mag Eye Phase 1.
Cite this page
Mag Eye Phase 1, Hadaeq Sheikh Mohammed Bin Rashid. Real Estate IQ, from DLD registered sales to 5 Oct 2026 and the DLD project register read 13 Oct 2026. dubairealestateiq.com/project/mag-eye-phase-1
Sources: Dubai Land Department open data, registered sales to 5 Oct 2026, via Dubai Real Estate Data (CC BY 4.0), processed by Real Estate IQ; DLD project register, read 13 Oct 2026. Registered prices, not asking prices or valuations. How the figures are worked out.
Read next
GuideHow to check a Dubai off-plan project’s completion date
GuideAsking price or registered price: how to check a quote
TrackerActive projects on the DLD register, with their completion datesPhotos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Dubai Marina at night by Gfilip (Wikimedia Commons, CC BY-SA 4.0); Dubai skyline at dusk by imran shahabuddin (Wikimedia Commons, CC BY 2.0). Resized and cropped.