MAG EYE Phase 1
ReadyDeveloperMAG EYE REAL ESTATE DEVELOPMENT - FZ
Started
7 years 8 months ago01-05-2018
Handover
1 year 5 months ago16-08-2024
Status
CompleteFinished
Project Description
8X (B+G+8+R) Residential Building & 694 townhouses G+1.The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Stable0%
GrowthCurrent:AED 1,823/sqft
Last 12M:AED 1,826/sqft
Momentum: Last 12Mvs Prior Year
Stable-1%
DeclineLast 12M:AED 1,826/sqft
Prior Year:AED 1,838/sqft
Community Compare: Last 90DHADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7
At Market-1%
Below AvgProject:AED 1,807/sqft
Community:AED 1,820/sqft
Liquidity: Last 12MExit Speed
High20%Turnover
183Sold (Last 12M)
Supply & Demand Matrix
MAG EYE Phase 1 averaged 17% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
600 units
78 sold522 left
13%
Velocity
1 Bedroom
296 units
43 sold253 left
15%
Velocity
2 Bedrooms
8 units
36 sold-28 left
450%
Velocity
Layouts & Units (904)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 14 units | Type Flat | Beds 1 B/R | Size 834 sqft | Avg Price AED 1.4M | Last Price AED 1.6M | Last Sold 7 days ago | Sales 3 |
Units 24 units | Type Flat | Beds 1 B/R | Size 746 sqft | Avg Price AED 1.3M | Last Price AED 1.4M | Last Sold 11 days ago | Sales 7 |
Units 16 units | Type Flat | Beds 1 B/R | Size 824 sqft | Avg Price AED 1.3M | Last Price AED 1.6M | Last Sold 14 days ago | Sales 3 |
Units 214 units | Type Flat | Beds Studio | Size 414 sqft | Avg Price AED 713K | Last Price AED 789K | Last Sold 24 days ago | Sales 42 |
Units 151 units | Type Flat | Beds Studio | Size 411 sqft | Avg Price AED 728K | Last Price AED 750K | Last Sold 30 days ago | Sales 25 |
Units 72 units | Type Flat | Beds 1 B/R | Size 793 sqft | Avg Price AED 1.3M | Last Price AED 1.4M | Last Sold about 1 month ago | Sales 15 |
Units 8 units | Type Flat | Beds Studio | Size 471 sqft | Avg Price AED 855K | Last Price AED 855K | Last Sold about 2 months ago | Sales 1 |
Units 104 units | Type Flat | Beds Studio | Size 394 sqft | Avg Price AED 675K | Last Price AED 763K | Last Sold about 2 months ago | Sales 18 |
Units 23 units | Type Flat | Beds Studio | Size 418 sqft | Avg Price AED 731K | Last Price AED 740K | Last Sold about 2 months ago | Sales 4 |
Units 32 units | Type Flat | Beds Studio | Size 388 sqft | Avg Price AED 733K | Last Price AED 800K | Last Sold about 2 months ago | Sales 10 |
Units 16 units | Type Flat | Beds 1 B/R | Size 787 sqft | Avg Price AED 1.4M | Last Price AED 1.4M | Last Sold about 2 months ago | Sales 4 |
Units 8 units | Type Flat | Beds 1 B/R | Size 871 sqft | Avg Price AED 1.4M | Last Price AED 1.4M | Last Sold 2 months ago | Sales 1 |
Units 33 units | Type Flat | Beds 1 B/R | Size 803 sqft | Avg Price AED 1.2M | Last Price AED 1.3M | Last Sold 4 months ago | Sales 6 |
Units 8 units | Type Flat | Beds Studio | Size 433 sqft | Avg Price AED 720K | Last Price AED 760K | Last Sold 5 months ago | Sales 2 |
Units 6 units | Type Flat | Beds Studio | Size 455 sqft | Avg Price AED 728K | Last Price AED 785K | Last Sold 5 months ago | Sales 3 |
Units 16 units | Type Flat | Beds 1 B/R | Size 857 sqft | Avg Price AED 1.2M | Last Price AED 1.4M | Last Sold 7 months ago | Sales 6 |
Units 8 units | Type Flat | Beds 1 B/R | Size 863 sqft | Avg Price AED 1.4M | Last Price AED 1.4M | Last Sold 7 months ago | Sales 2 |
Units 16 units | Type Flat | Beds 1 B/R | Size 750 sqft | Avg Price AED 1.2M | Last Price AED 1.4M | Last Sold 7 months ago | Sales 4 |
Units 8 units | Type Flat | Beds Studio | Size 407 sqft | Avg Price AED 709K | Last Price AED 675K | Last Sold 8 months ago | Sales 3 |
Units 8 units | Type Flat | Beds 1 B/R | Size 861 sqft | Avg Price AED 1.3M | Last Price AED 1.4M | Last Sold 9 months ago | Sales 2 |
Units 7 units | Type Flat | Beds 1 B/R | Size 802 sqft | Avg Price AED 1.3M | Last Price AED 1.3M | Last Sold 9 months ago | Sales 1 |
Units 24 units | Type Flat | Beds 1 B/R | Size 753 sqft | Avg Price AED 1.3M | Last Price AED 1.3M | Last Sold 9 months ago | Sales 4 |
Units 16 units | Type Flat | Beds Studio | Size 427 sqft | Avg Price AED 735K | Last Price AED 750K | Last Sold 10 months ago | Sales 2 |
Units 2 units | Type Flat | Beds Studio | Size 447 sqft | Avg Price AED 850K | Last Price AED 850K | Last Sold 10 months ago | Sales 1 |
Units 8 units | Type Flat | Beds 1 B/R | Size 900 sqft | Avg Price AED 1.4M | Last Price AED 1.4M | Last Sold 11 months ago | Sales 1 |
Units 8 units | Type Flat | Beds Studio | Size 385 sqft | Avg Price AED 672K | Last Price AED 655K | Last Sold 11 months ago | Sales 3 |
Units 16 units | Type Flat | Beds 1 B/R | Size 893 sqft | Avg Price AED 1.4M | Last Price AED 1.4M | Last Sold about 1 year ago | Sales 1 |
Units 8 units | Type Flat | Beds 2 B/R | Size 1,268 sqft | Avg Price AED 2.2M | Last Price AED 2.2M | Last Sold about 1 year ago | Sales 1 |
Units 8 units | Type Flat | Beds 1 B/R | Size 890 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 2 units | Type Flat | Beds 1 B/R | Size 909 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 8 units | Type Flat | Beds Studio | Size 438 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4 units | Type Flat | Beds Studio | Size 450 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 8 units | Type Flat | Beds Studio | Size 464 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
33 unique layouts covering 904 units