AED 190,000 /year
3BHK+ Maid Mag Eye Villa for Rent 190k
Area
Mohammed Bin Rashid City
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Overview
MAG City is an area located within Mohammed Bin Rashid City, Dubai.
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Timeline
Construction began in December 2019.
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Master developer
The master developer is Meydan Group.
architecture
The architect
The architectural consultant is WSP Parsons Brinckerhoff.
construction
The contractor
The main building work is being done by China National Chemical Engineering Group.
MAG City is spread over 48,000sq m with about 8,000sq m for retail spaces.
It is a Dh2 billion project.
It will be completed in five phases in four to five years and will have 5,100 villas and apartments. The first and second phases expected to be ready by 2023.
Handover is expected to happen within a maximum of five years from the start of construction.
The groundbreaking ceremony for the Dh2 billion project was held on 14 December 2019. At the time the developer promised to complete the first phase of the project on time in 2022.
Early concept designs were done by VX Architects.
The first phase will consist of five buildings containing 912 units and 150 townhouses. The second phase will consist of four buildings of 600 units and 92 townhouses.
The apartment buildings will contain fully-furnished studios and 1-bedroom apartments. The 694 townhouses come in 2-, 3-, and 4-bedroom layouts.
The development is located next to a potential future expansion of the Al Etihad Rail Line, although there are no immediate plans to build the line.
In 2022 the northern half of the masterplan was completely redesigned and now comprises high-density luxury townhouses surrounding a central park. The (unbuilt) apartment buildings have apparently been scrapped.
Property details
Property Type
Villa
Property Size
2,017 sqft / 187 sqm
Bedrooms
3
Bathrooms
4
Available from
27 May 2025
Project information



Mag Eye
2, 3 and 4 bedrooms
Developed by:
MAG Property DevelopmentDelivery Date:
Q1 2023
Down payment:
10%
Property types:
Townhouse, Apartment
Location

Price Insights
This property costs 5% less than the average price of 3 bedroom in Mohammed Bin Rashid City
Average Rent is 200,500 AED
This property is 7% bigger than the average size of 3 bedroom in Mohammed Bin Rashid City
Average size is 1,889 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Mohammed Bin Rashid City
Provided by

Fairy Homes Real Estate
See all properties (137)Response time
within 5 minutes
Experience
14 years
Closed Deals
19
Languages
English, Hindi, Urdu
Regulatory information
Regulatory information
Reference
Mu-Mageye001
Listed
1 day ago
Broker License
28239
Zone name
Hadaeq Sheikh Mohammed Bin Rashid
DLD Permit Number:
69361534968
Agent License
50847
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