SaleReady

MAG EYE Phase 1, Mohammed Bin Rashid City

Located in Mohammed Bin Rashid City, Dubai. Its price per sqft is −2% vs the MAG EYE Phase 1 median (AED 1,792/sqft).

All Mohammed Bin Rashid City sales MAG EYE Phase 1 prices

Sale price

AED 730,000

Per sqft: AED 1,755
Registered: 23 Jul 2026, 17:41 (Dubai)

01 / Price history

This unit's history

This is the only registration of this unit on record (same layout, exact size and parking bay G-89).

Comparable sales

02 / The property

Property details

Size: 416 sqft · 38.65 m²
Bedrooms: Studio
Registered as: Sale
Property sub-type: Flat
Usage: Residential
Tenure: Freehold
Parking: G-89
Nearest metro: Business Bay Metro Station
Nearest mall: Dubai Mall
Nearest landmark: Downtown Dubai

03 / Comparables

All sales in MAG EYE Phase 1 (2 Jan 2026 – 16 Oct 2026)

76 market sales. Percentages compare each sale with this one.

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3 visible

Comparable market sales. Change is relative to the selected sale.
Sale record	Recorded	Value · AED	AED / sqft
Studio · 412 sqftReady	16 Oct 2026	670K−8% vs selected	1,627−7% vs selected
1 BR · 746 sqftReady	16 Oct 2026	1.22M+66% vs selected	1,629−7% vs selected
1 BR · 793 sqftReady	14 Oct 2026	1.2M+64% vs selected	1,513−14% vs selected
1 BR · 793 sqftReady	13 Oct 2026	1.1M+51% vs selected	1,392−21% vs selected
Studio · 412 sqftReady	12 Oct 2026	730K0% vs selected	1,774+1% vs selected
1 BR · 746 sqftReady	11 Oct 2026	1.05M+43% vs selected	1,401−20% vs selected

76 sales to compare

Guests see the latest 5 transactions of each project and community. Create an account to compare this sale with all of them.

04 / Renting it out

What similar apartments rent for

Median of 61 market rents of apartments of 354–478 sq ft in MAG EYE Phase 1. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts

Median rent / yr: AED 55,000
Per sqft / yr: AED 133/sqft
Gross yield: 7.5%