MAG EYE Phase 1
Building X-Ray✅ Registered in the official DLD buildings dataset.
Part of HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7
Floxcy intelligence
derived from DLD building registryA specific tower/development — the project name maps to a single building or a small named cluster.
No creation date in DLD registry for this building.
Your 130 AED/sqft vs area median 150 AED/sqft. Below market — potential value pick or lower spec.
272 active rent contracts in DLD Ejari. Top-tier — building is highly liquid for rental purposes.
Per-contract economics
Building footprint
- Flats
- —
- Floors
- —
- Building levels
- —
- Elevators
- —
- Swimming pools
- —
- Car parks
- —
Area context — Hadaeq Sheikh Mohammed Bin Rashid
- Median rent (area)
- AED 135,000
- Median rent / sqft
- AED 137
- Median price / sqft
- AED 2,510
- Area yield (capped)
- 5.46%
- Sample (sales)
- 798
- Sample (rents)
- 1,024
Comparable buildings (Building in Hadaeq Sheikh Mohammed Bin Rashid)
See all →Lease expiry calendar
450 Person residential contracts expire in the months ahead. Estimated availability applies a blended 39% non-renewal rate; per-month renewal probability is computed from the New/Renew mix in each bucket.
| Month | Expiring | Est. available | Avg rent | Renewal prob. |
|---|---|---|---|---|
| 2026-06 | 30 | 12 | AED 160,427 | 50% |
| 2026-07 | 33 | 13 | AED 117,249 | 47% |
| 2026-08 | 49 | 20 | AED 158,022 | 51% |
| 2026-09 | 45 | 18 | AED 126,646 | 51% |
| 2026-10 | 60 | 24 | AED 156,823 | 52% |
| 2026-11 | 59 | 23 | AED 126,414 | 50% |
| 2026-12 | 36 | 15 | AED 178,581 | 48% |
| 2027-01 | 50 | 19 | AED 170,832 | 50% |
| 2027-02 | 35 | 13 | AED 187,007 | 49% |
| 2027-03 | 19 | 8 | AED 134,225 | 53% |
| 2027-04 | 19 | 8 | AED 152,822 | 49% |
| 2027-05 | 7 | 2 | AED 128,750 | 46% |
| 2027-07 | 1 | 0 | AED 150,000 | 45% |
| 2027-08 | 2 | 0 | AED 194,155 | 45% |
| 2027-10 | 2 | 0 | AED 195,000 | 61% |
| 2027-11 | 2 | 1 | AED 190,000 | 45% |
| 2028-08 | 1 | 0 | AED 320,288 | 45% |
Want to invest in MAG EYE Phase 1?
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Dubai Land Department · Ejari rent contract registry · last updated 2026-06-01. Income is a proxy (avg contract × active count); implied yield is capped at 25% to filter small-sample artefacts and is null when the area has insufficient DLD price data.