Dubai Hills Estate · Ready · 55% of recent sales are studios

Mag Eye Phase 1What it sells and rents for

Studios resell for about AED 735k and rent for AED 48k a year.

At a glance

Updated with deals to 3 Nov 2026
Sells forAED 735kfor a typical studio

From 35 resales in the last 12 months.

Rents forAED 48ka year, new studio lease

From 21 new leases in the last 3 months.

Earns6.5%a year, as a share of the price
Mag Eye Phase 1
Dubai Hills Estate

Less than studios across Dubai Hills Estate, at 8.1%.

Sells65sales in the last year
Mag Eye Phase 1
Similar buildings

2.0 times as many resales as the typical similar building, so it's easier to sell when you're ready.

What brings you here?

Apartment type

Prices and rents at Mag Eye Phase 1

What should you pay for a studio?

AED 735k

That's the typical price. 17 of the 35 studios resold here in the last year went for AED 693k to AED 783k. Got an asking price? Enter it below to see how it compares.

Each dot is a real sale here in the last 12 months.

What should you offer first?

AED 693k

9 of the 35 studios resold here in the last year went for this or less. Start here and leave room to move.

  • Price per sq ft here1,602 nowNo clear move
  • Across Dubai Hills Estate282 recent resalesDown 5%

What will it really cost you?

Based on the typical studio here at AED 735k, and renting a studio here for AED 48k a year.

The mortgage is AED 732 a month less than renting.

Before service charges and any change in price.

Owning: mortgage each monthAED 3,268
Renting a studio hereAED 4,000

Cash you need

AED 201k

  • Down paymentAED 147,000
  • DLD transfer feeAED 29,980
  • Agency feeAED 15,435
  • Trustee, mortgage and valuationAED 8,960

Over 5 years, buying costs about AED 179k in fees and interest. Renting costs about AED 240k.

Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.

What would it earn as a rental?

6.5%

A year's rent, about AED 48k, as a share of the price, before service charges. Studios across Dubai Hills Estate earn 8.1%.

AED 735kprice→AED 48kyearly rent=6.5%return

Will it be easy to sell later?

3 a month

That's how often a studio resells here. The building has 2.0 times as many resales as the typical similar building nearby.

Mag Eye Phase 1
Prive Residence
Golf Residences by Fortimo
399 Hills Park B

Are prices rising or falling?

No clear move

Only 14 resales in the building in the last 3 months, too few to call a direction.

Nov 2024Oct 2026

Do bigger studios cost more?

Each dot is a studio sale here. The line is the going rate: every extra sq ft adds about AED 617. Dots well above the line sold for more than their size explains, so ask what made them worth it.

AED 600kAED 700kAED 800k375400425450475Size, sq ft →

How does it compare with its neighbours?

1 of the 18 others

in Dubai Hills Estate earns a higher return than Mag Eye Phase 1. Across the building as a whole it costs AED 1,708 per sq ft and earns 6.7%. The typical building in Dubai Hills Estate costs AED 2,275 per sq ft and earns 5.7%.

Mag Eye Phase 1Cheaper and earns morePricier and earns lessOther buildings
4.5%5.0%5.5%6.0%6.5%7.0%7.5%1,5001,7502,0002,2502,5002,7503,000Resale price per sq ft, AED, last 12 months →Gross yield →Cheaper and earns morePricier and earns lessarea typicalMag Eye Phase 1

Where is Mag Eye Phase 1?

25% below

the typical resale price per sq ft in Dubai Hills Estate, over the last 12 months.

Mag Eye Phase 1 against Dubai Hills Estate

  • Mag Eye Phase 1Resale, 65 sales in 12 monthsAED 1,708 per sq ft
  • Dubai Hills EstateResale, 966 sales in 12 monthsAED 2,275 per sq ft

A studio in Dubai Hills Estate

  • A typical studio resells forAED 800k
  • New studio leases sign forAED 65k a year
  • Rent as a share of the price8.1%

How busy it is

  • Sales in the last 12 months2,305
  • Off-plan share of sales58%

Still selling off-plan nearby

Typical off-plan price per sq ft and sales, last 3 months

See all of Dubai Hills Estate

Similar buildings

Prive Residence

Prive Residence

Dubai Hills Estate

Typical 1-bed
AED 1.39M resale
Sales, 12 months
32
399 Hills Park B

399 Hills Park B

Dubai Hills Estate

Typical 1-bed
Fewer than 20 sales
Sales, 12 months
40
Park Heights II

Park Heights II

Dubai Hills Estate

Typical 1-bed
AED 1.37M resale
Sales, 12 months
48

Questions people ask

Quick answers, from the same deals as the rest of this page.

How much is a studio in Mag Eye Phase 1?

About AED 735k on resale; 17 of 35 sold for AED 693k to AED 783k.

How much is rent for a studio in Mag Eye Phase 1?

About AED 48k a year on a new lease.

What is the rental yield at Mag Eye Phase 1?

About 6.5% gross on a studio, before service charges.

Is Mag Eye Phase 1 easy to resell?

Yes: 65 resales in 12 months, 2.0 times the typical similar building.

About our data

Where our numbers come from

Every number on this page comes from a real deal registered with the Dubai Land Department. Here's how we turn them into prices you can use.

Sales
Every sale of an apartment in Mag Eye Phase 1 registered with the Dubai Land Department since January 2024, up to 3 Nov 2026. Sales up to 2 Nov 2026 come from Dubai Real Estate Data, based on DLD open data (CC BY 4.0). Newer sales come straight from the DLD open-data portal.
Leases
Every Ejari lease registered with the Dubai Land Department since January 2026, up to 2 Nov 2026. Leases don't list bedrooms, so we work them out from the size. Lease length comes from the start and end dates.
What we count
Apartments and hotel apartments. Villas and townhouses aren't included yet.
Typical price
The middle deal: half sold for more, half for less. One penthouse can't skew it the way it skews an average.
Typical range
The range we show: from the 25th to the 75th percentile. Fair means inside it. High and low mean outside it.
Time frames
Prices look at the last 12 months of resales. Rents look at new leases since 3 Aug 2026. Price changes compare the last 3 months with the same 3 months a year earlier. Rent changes compare new leases now with those signed from January to March 2026.
Return
A year of typical rent as a share of the typical price, also called gross yield. It comes before service charges, fees and empty months.
Your apartment's value
We start from the typical price at the typical size, then add or take off the going price per sq ft for the difference in size.
When we hold back
We give a price or rent only with at least 10 resales in the last 12 months or 10 new leases in the last 3 months behind it. A project gets its own page with at least 30 sales in 12 months or 30 new leases in 3 months, or with at least 20 sales since January 2024 and 5 of them in the last 12 months. We say prices or rents rose or fell only when the change is over 3% and each period has at least 30 deals. Otherwise we say so and show nearby buildings instead.
What the records leave out
Floor, view, furnishing and condition.

We update with every data release. This page was last updated on 3 Nov 2026.

Free · From deals registered with the DLD

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