Project · Rents
MAG EYE Phase 1 Rent Prices
MAG EYE Phase 1 recorded 13 rent contracts from 5 Oct 2026 – 20 Oct 2026. The 13 market rents among them (one property, about a year) have a median of AED 50,000 a year (AED 119/sqft a year). MAG EYE Phase 1's median rent per sqft is in line with Mohammed Bin Rashid City (AED 119/sqft a year). New contracts (median AED 50,000) were 5% below renewals (AED 52,500).
Apartments here yield about 7.1% gross: AED 119/sqft a year in rent against AED 1,670/sqft to buy. Gross: before service charges, fees and empty months.
- Median rent / yr
- AED 50K
- Per sqft / yr
- AED 119
- Contracts
- 13
- Gross yield
- 7.1%
01 / Contracts
Latest MAG EYE Phase 1 rent contracts
02 / Property types
MAG EYE Phase 1 rents by property type
Median annual rent of market rents.
| Property type | Contracts | Median rent · AED / yr | AED / sqft / yr |
|---|---|---|---|
Apartment | 13 | 50K AED | 119 |
03 / Apartment sizes
MAG EYE Phase 1 apartment rents by size
Rent contracts don't record bedrooms for flats, so apartments are grouped by size.
| Size | Contracts | Median rent · AED / yr | AED / sqft / yr |
|---|---|---|---|
Under 500 sq ft | 13 | 50K AED | 119 |
04 / Talk to us
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