
Mohammed Bin Rashid City
Launch price
491,000 AED
Booking
Construction
Handover
MAG EYE Phase 1 offers apartments and townhouses for sale in Mohammed Bin Rashid City, a completed residential development by MAG Group. This phase comprises 881 apartments and 694 townhouses, providing diverse living options. The project features studios, one, and two-bedroom apartments, alongside two, three, and four-bedroom townhouses. Handover for the development began in 2024, with the project now fully delivered. A payment plan was structured with a 10% deposit, 50% during construction, and 40% post-handover over 24 months. The community is located in District 7, offering access to major roads like Meydan Road and Al Khail Road. It is situated near prominent landmarks including Meydan Racecourse, Burj Khalifa, and Dubai Mall. Nearby educational institutions include Al Ittihad Private School and GEMS International School Al Khail.
Starting price
1,177 /ft²
Current price
1,809 /ft²
| Date | Price | Type | Beds | |||
|---|---|---|---|---|---|---|
| 14 Apr 2026 | 640,000 | Apartment | Studio | 413 ft² | — | 1,550 |
| 2 Jun 2025 | 802,000 | Apartment | Studio | 408 ft² | — | 1,966 |
| 26 May 2025 | 740,000 | Apartment | Studio | 409 ft² | — | 1,809 |
413 ft²
—
1,550
408 ft²
—
1,966
409 ft²
—
1,809
A little more context
changes the read.
Showing 3 most recent sales transactions
| Unit # | Type | Beds | From | Built-up | Int. Area | Ext. Area | Floor |
|---|---|---|---|---|---|---|---|
No units to display | |||||||
No units to display
The full spread,
reveals the bias.
| Building | Price per ft² | Construction | Handover | Developer | |
|---|---|---|---|---|---|
MAG City 980MAG Group 1,872 AED/ft² 3.5% 100% | MAG City 980 | 1,872 AED/ft²3.5% | 100% | Q3 2024 | |
MAG City 890MAG Group 1,864 AED/ft² 3.0% 100% | MAG City 890 | 1,864 AED/ft²3.0% | 100% | Q3 2024 | |
MAG City 910MAG Group 1,900 AED/ft² 5.0% 100% | MAG City 910 | 1,900 AED/ft²5.0% | 100% | Q3 2024 | |
MAG City 920MAG Group 1,856 AED/ft² 2.6% 100% | MAG City 920 | 1,856 AED/ft²2.6% | 100% | Q3 2024 | |
MAG City 900MAG Group 1,755 AED/ft² 3.0% 100% | MAG City 900 | 1,755 AED/ft²3.0% | 100% | Q3 2024 | |
The strongest comps
sit beyond the first pass.