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Mag Eye Phase 1

MAG · Dubai · 128 homes · Completed

A completed MAG project in Dubai: 128 homes, with completion declared for Q3 2024 on the register. Registered resales from Jul 2025 to Jun 2026 had a median of AED 1,854 per sqft, 79% above the launch quarter.

Updated 27 Oct 2026
CompletedDeclared for Q3 2024 on the register
128 homesStudios, 1 bedroom
DubaiDubai Land Department project 2033

Prices. Quarter by quarter since launch.

Launch quarter, Q2 2019AED 1,033/sqft
Median paid, Q3 2026AED 1,602/sqft
Sales, Jul 2025 to Jun 2026125
Median paidLatest quarterLaunch quarter AED 1,033
1,0001,5002,000Q2 19: AED 1,033/sqft, 64 salesQ3 19: AED 1,039/sqft, 53 salesQ4 19: AED 1,043/sqft, 13 salesQ2 20: AED 1,036/sqft, 54 salesQ4 20: AED 1,090/sqft, 149 salesQ1 21: AED 1,113/sqft, 282 salesQ2 21: AED 1,060/sqft, 439 salesQ3 21: AED 1,160/sqft, 122 salesQ4 21: AED 1,151/sqft, 103 salesQ1 22: AED 1,421/sqft, 89 salesQ2 22: AED 1,423/sqft, 91 salesQ3 22: AED 1,433/sqft, 39 salesQ4 22: AED 1,455/sqft, 86 salesQ1 23: AED 1,458/sqft, 71 salesQ2 23: AED 1,391/sqft, 37 salesQ3 23: AED 1,427/sqft, 35 salesQ4 23: AED 1,518/sqft, 49 salesQ1 24: AED 1,567/sqft, 48 salesQ2 24: AED 1,797/sqft, 45 salesQ3 24: AED 1,843/sqft, 54 salesQ4 24: AED 1,745/sqft, 90 salesQ1 25: AED 1,775/sqft, 89 salesQ2 25: AED 1,814/sqft, 66 salesQ3 25: AED 1,824/sqft, 41 salesQ4 25: AED 1,810/sqft, 35 salesQ1 26: AED 1,916/sqft, 30 salesQ2 26: AED 1,651/sqft, 19 salesQ3 26: AED 1,602/sqft, 20 salesQ2 19Q3 20Q4 21Q1 23Q2 24Q3 25Q3 26
Every quarter as a table
QuarterMedian AED/sqftSales
Q2 20191,03364
Q3 20191,03953
Q4 20191,04313
Q2 20201,03654
Q4 20201,090149
Q1 20211,113282
Q2 20211,060439
Q3 20211,160122
Q4 20211,151103
Q1 20221,42189
Q2 20221,42391
Q3 20221,43339
Q4 20221,45586
Q1 20231,45871
Q2 20231,39137
Q3 20231,42735
Q4 20231,51849
Q1 20241,56748
Q2 20241,79745
Q3 20241,84354
Q4 20241,74590
Q1 20251,77589
Q2 20251,81466
Q3 20251,82441
Q4 20251,81035
Q1 20261,91630
Q2 20261,65119
Q3 20261,60220

Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.

Promised vs delivered. Launch to today.

At launchDeliveredHandoverQ3 2024Completednot dated by a resalePrice / sqftAED 1,033AED 1,854+79% on launch, resale median

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When was Mag Eye Phase 1 handed over?

It is completed on the Dubai Land Department register, which declared completion for Q3 2024. No ready-market sale on the register dates the handover yet.

What do homes in Mag Eye Phase 1 sell for?

From Jul 2025 to Jun 2026, 125 homes sold on the register at a median of AED 1,854 per sqft and AED 1.35M per home. By unit type: Studio AED 770K (46 sales), 1 BR AED 1.38M (37 sales), 2 BR AED 2.95M (21 sales), 3 BR AED 3.76M (16 sales), 4+ BR AED 6.1M (5 sales). These are registered deeds, not the developer's price list.

Who built Mag Eye Phase 1?

MAG. The project is registered to MAG on the Dubai Land Department register, which lists 10 projects for the developer in Dubai, 4 of them under construction.

How many homes are in Mag Eye Phase 1?

128, as counted on the Dubai Land Department register. The declared mix: 104 studios, 24 1 BR.

Bought in Mag Eye Phase 1? Track it against these numbers.

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