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Mag Eye Phase 1 rent: what tenants really pay
Rent in Mag Eye Phase 1, Dubai Hills Estate: Studio AED 54,000, 1-bed AED 80,000, villa or townhouse AED 180,000, 2-bed villa AED 160,000, 3-bed villa AED 190,000, 4-bed villa AED 300,000 a year. These are medians of 946 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a Studio here is AED 132, against AED 135 across Dubai Hills Estate.
Updated 21 Oct 2026 · Source: Dubai Land Department Ejari leases and listing-site adverts · Method
“Mag Eye Phase 1: value at AED 132 a sq ft against the Dubai Hills Estate median of 135. Ask the agent what the last tenant signed, then use the table below.”
Know the rent before you sign
What tenants in this building really paid, what landlords ask, and how hard to push.
What the leases say about Mag Eye Phase 1
- Per sq ft, a Studio here costs 2% less than the Dubai Hills Estate median: AED 132 against AED 135. It is number 1 of 3 Dubai Hills Estate buildings, cheapest first.
- New Studio tenants pay AED 54,000, renewing tenants AED 54,000. For the same home, renewing is more expensive than moving in: a new tenant pays 2% less.
- New-lease rent per sq ft fell 6% on the year, to AED 119 a sq ft.
- 204 leases end in the next 60 days, so more homes may become available soon.
Rent in Mag Eye Phase 1 by bedrooms
AED a year, medians. Signed: Ejari leases 16 Oct 2025–15 Oct 2026. Asking: adverts on 16 Oct 2026, matched by building name.
| Home | New lease | Renewal | Asking | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|---|---|
| Studio | 54,000 | 54,000 | – | 412 | 132 | 393 |
| 1-bed | 80,000 | 85,500 | – | 802 | 101 | 185 |
| Villa or townhouse | 180,000 | 180,000 | – | 1,411 | 124 | 367 |
| 2-bed villa | 160,000 | 156,000 | – | 1,203 | 122 | 178 |
| 3-bed villa | 190,000 | 195,000 | – | 1,460 | 129 | 169 |
| 4-bed villa | 300,000 | – | – | 3,689 | 86 | 20 |
Where Mag Eye Phase 1 is, and the buildings around it
We do not hold the exact position of Mag Eye Phase 1 yet; the map shows Dubai Hills Estate.
Click a building to see its rents. Rents shown are median new leases, 16 Oct 2025–15 Oct 2026.
Finding
A new Studio tenant in Mag Eye Phase 1 pays 2% less than a renewing one for the same home.
New lease against renewal: same building, same bedrooms, size within 15%
- For a Studio in this building, new tenants pay less than renewing tenants.
- If you renew, ask for the new-lease price.
- The renewal figure shows what the landlord accepts from tenants he wants to keep.
- Renew or move →
Finding
New-lease rent per sq ft in Mag Eye Phase 1 fell 6% on the year.
Median new lease, AED a sq ft, by quarter
AED 119 a sq ft in the 12 months to 15 Oct 2026, against AED 127 the year before. Quarters with fewer than 10 new leases are left out of the chart.
Supply
204 leases in Mag Eye Phase 1 end in the next 60 days.
Leases ending soon: homes that may become available
Some will renew, some will come back to the market. More homes free means more room to negotiate. Ask agents about units with a lease ending soon.
Compare: other Dubai Hills Estate buildings, Studio
| Building | New lease | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|
| Prive Residence | 70,000 | 403 | 168 | 13 |
| The Grove By Iman | 75,000 | 417 | 170 | 24 |
Buying in Dubai Hills Estate? Sale prices, every tower, resale and off-plan: Dubai Hills Estate on BUY DUBAI →
Questions
How much is rent in Mag Eye Phase 1?
Rent in Mag Eye Phase 1, Dubai Hills Estate: Studio AED 54,000, 1-bed AED 80,000, villa or townhouse AED 180,000, 2-bed villa AED 160,000, 3-bed villa AED 190,000, 4-bed villa AED 300,000 a year. These are medians of 946 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a Studio here is AED 132, against AED 135 across Dubai Hills Estate.
How much is a studio in Mag Eye Phase 1?
The median rent for a new Studio lease in Mag Eye Phase 1 is AED 54,000 a year (AED 4,500 a month). The median size is 412 sq ft. This is from 281 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 1 bedroom in Mag Eye Phase 1?
The median rent for a new 1-bed lease in Mag Eye Phase 1 is AED 80,000 a year (AED 6,667 a month). The median size is 802 sq ft. This is from 134 new leases, 16 Oct 2025–15 Oct 2026.
How much is a villa in Mag Eye Phase 1?
The median rent for a new villa or townhouse lease in Mag Eye Phase 1 is AED 180,000 a year (AED 15,000 a month). The median size is 1,411 sq ft. This is from 239 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 2 bedroom villa in Mag Eye Phase 1?
The median rent for a new 2-bed villa lease in Mag Eye Phase 1 is AED 160,000 a year (AED 13,333 a month). The median size is 1,203 sq ft. This is from 116 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 3 bedroom villa in Mag Eye Phase 1?
The median rent for a new 3-bed villa lease in Mag Eye Phase 1 is AED 190,000 a year (AED 15,833 a month). The median size is 1,460 sq ft. This is from 106 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 4 bedroom villa in Mag Eye Phase 1?
The median rent for a new 4-bed villa lease in Mag Eye Phase 1 is AED 300,000 a year (AED 25,000 a month). The median size is 3,689 sq ft. This is from 17 new leases, 16 Oct 2025–15 Oct 2026.
Is it cheaper to renew or move in Mag Eye Phase 1?
For a Studio, new tenants pay a median AED 54,000 and renewing tenants AED 54,000. For the same home, a new tenant pays 2% less.
Is rent going up in Mag Eye Phase 1?
Rent per sq ft on new leases in Mag Eye Phase 1: AED 119 in the 12 months to 15 Oct 2026, against AED 127 the year before.
What are the alternatives to Mag Eye Phase 1 in Dubai Hills Estate?
Similar rent for a Studio: Prive Residence AED 70,000, The Grove By Iman AED 75,000.
How we worked it out, and the limits
Updated 21 Oct 2026. Source: Dubai Land Department Ejari rent contracts. We use homes only, one unit for each contract, starting 16 Oct 2025–15 Oct 2026. "New" is a new tenant or a new contract. "Renewal" is the same contract, renewed. Bedrooms come from the Ejari unit type. "3 bed" means 3 or more. Every rent is a median: half the leases are above it. A figure needs 10 or more leases. A page needs 30 or more.
This building. Leases are matched by the Ejari project name "MAG EYE Phase 1". 946 leases 16 Oct 2025–15 Oct 2026, 655 new. First leases in our records: 2024. Adverts are matched by name and may include a neighbouring building.
Full method: What the leases say → · Checking a rent rise? Rent increase calculator →
Sale prices, resale and off-plan, tower facts and developer photos: BUY DUBAI, our sister site for buyers. Rents: Dubai Land Department Ejari leases.