MAG EYE Phase 1
8 towers in MAG City, Dubai · yields range 4.8% to 7.8%
What a unit rents for here, by bedroom type: pooled from the towers’ registered Ejari leases, then tower by tower, then against the rest of MAG City.
Every type in MAG EYE Phase 1
All 8 towers pooled, 12 months to 12 Oct 2026.
- All types · rent a year
- AED 60,000
- 410 contracts · latest 10 Oct 2026 · filed for the project, not a tower
- All types · price
- AED 800,000
- 63 sales · AED 1,754/sqft · latest 2 Oct 2026
- Gross yield
- —
- Pick a bedroom type: a yield across every size divides one mix by another
- MAG City · all types
- AED 60,000
- Median rent, 410 contracts across the area
Towers compared
Each tower's own sales. Where Ejari files leases under the project, the towers share its rent.
Ejari files MAG EYE Phase 1’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.
Latest records
The newest registered rows behind the medians, as filed.
Latest new leases
- MAG EYE Phase 1Filed for the development · 10 Oct 2026 · Studio · 410 sqftAED 54,000 /yr132/sqft
- MAG EYE Phase 1Filed for the development · 10 Oct 2026 · Studio · 427 sqftAED 45,000 /yr105/sqft
- MAG EYE Phase 1Filed for the development · 10 Oct 2026 · 1 bed · 746 sqftAED 80,000 /yr107/sqft
- MAG EYE Phase 1Filed for the development · 9 Oct 2026 · Studio · 397 sqftAED 60,000 /yr151/sqft
- MAG EYE Phase 1Filed for the development · 8 Oct 2026 · Studio · 407 sqftAED 46,000 /yr113/sqft
- MAG EYE Phase 1Filed for the development · 8 Oct 2026 · Studio · 397 sqftAED 48,000 /yr121/sqft
- MAG EYE Phase 1Filed for the development · 7 Oct 2026 · Studio · 416 sqftAED 48,000 /yr115/sqft
- MAG EYE Phase 1Filed for the development · 5 Oct 2026 · Studio · 394 sqftAED 50,400 /yr128/sqft
Latest sales
- MAG 9302 Oct 2026 · Studio · 416 sqftAED 725,0001,742/sqft
- MAG 96021 Sept 2026 · 1 bed · 836 sqftAED 1.36M1,622/sqft
- MAG 9807 Sept 2026 · Studio · 412 sqftAED 700,0001,700/sqft
- MAG 9707 Sept 2026 · Studio · 411 sqftAED 600,0001,459/sqft
- MAG Eye 91024 Aug 2026 · 1 bed · 871 sqftAED 1.23M1,407/sqft
- MAG Eye 90017 Aug 2026 · 1 bed · 796 sqftAED 1.21M1,520/sqft
- MAG 9804 Aug 2026 · 1 bed · 746 sqftAED 1.18M1,582/sqft
- MAG 93024 Jul 2026 · Studio · 416 sqftAED 730,0001,755/sqft
MAG City compared
Every development in MAG City at the same bedroom type, so this one can be read against its neighbours.
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers. A median needs 3 rows; a dash with a count means fewer.
About the MAG EYE Phase 1 figures
MAG EYE Phase 1 is a development in MAG City, Dubai, with 8 towers holding enough registered rental contracts to report annual rent benchmarks. 8 towers use rental evidence pooled at project or vicinity level. These are shared benchmarks, not independent tower rents; repeated contract counts must not be added together. Gross yields across them run from 4.8% to 7.8% — buildings inside one development rarely price alike, which is the reason this record exists. Annual rent medians use new registered Ejari contracts per building in the 12 months to 2026-10-12. Gross yields compare rent and sale evidence for the same bedroom type.
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Rental record for MAG EYE Phase 1
- Record type
- Development-level property market record
- Data date
- Evidence base
- 8 eligible buildings in MAG City
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /rent/apartments/dubai/mag-city/projects/mag-eye-phase-1
Cite as: Dubai Wealth Index. “MAG EYE Phase 1, MAG City.” Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/mag-city/projects/mag-eye-phase-1
Source: Dubai Land Department open data. Data as of 2026-10-12.