MAG EYE Phase 1: what it actually trades at
MAG EYE Phase 1 is a mixed development in Hadaeq Sheikh Mohammed Bin Rashid with 114 registered salesin the current data window. Everything on this page comes from the registry: prices buyers actually paid, never asking prices or a brochure's ambitions.
Apartments, registered (Sep 2026)
| Layout | Median sold price | AED/sqft | Registered sales |
|---|---|---|---|
| Studio | AED 770K | 1,850 | 37 |
| 1 bedroom | AED 1.35M | 1,620 | 35 |
| All layouts | AED 855K | 1,773 | 72 |
Villas and townhouses, registered (Sep 2026)
| Layout | Median sold price | AED/sqft | Registered sales |
|---|---|---|---|
| 2 bedroom | AED 2.92M | 2,277 | 23 |
| All layouts | AED 3.25M | 2,284 | 42 |
Latest registered transaction: AED 2.71M on 2026-08-31.
MAG EYE Phase 1 against Hadaeq Sheikh Mohammed Bin Rashid
On apartments, MAG EYE Phase 1 trades 26% below the Hadaeq Sheikh Mohammed Bin Rashid median of AED 2,389/sqft. A premium says the market rates the building; a discount is either the opportunity or the warning, and telling those apart is the viewing.
On villas, MAG EYE Phase 1 trades 3% above the Hadaeq Sheikh Mohammed Bin Rashid median of AED 2,212/sqft. A premium says the market rates the building; a discount is either the opportunity or the warning, and telling those apart is the viewing.
Which side of MAG EYE Phase 1 gets the sun
Aspect decides the cooling bill and how a balcony feels at 5pm in July, and nobody prices it. The sun and shade checker draws the shadows of every neighbour of MAG EYE Phase 1 for any date and hour, and gives the hours of direct sun by facing.
Check the sun on MAG EYE Phase 1 →Questions buyers ask about MAG EYE Phase 1
How much does an apartment in MAG EYE Phase 1 cost?
The registered median across 72 sales is AED 855K, around AED 1,773 per square foot. That is what buyers actually paid at the Hadaeq Sheikh Mohammed Bin Rashid registry, not an asking price. Bedroom-level medians are in the table above.
What was the last registered sale in MAG EYE Phase 1?
The most recent registered transaction in the current data window completed on 2026-08-31 at AED 2.71M. Registered sales appear here as the registry publishes them.
Is MAG EYE Phase 1 expensive for Hadaeq Sheikh Mohammed Bin Rashid?
On apartments it trades 26% below the Hadaeq Sheikh Mohammed Bin Rashid area median of AED 2,389 per square foot. On villas it trades 3% above the Hadaeq Sheikh Mohammed Bin Rashid area median of AED 2,212 per square foot. Whether that premium or discount is justified depends on the building: ask us for the honest read.