Studio · 394 sqftMag 890, District Seven · 1st floor · completed 2023

111, Mag 890

Sold prices and rental history: sold 4 times, last in August 2026, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 10 August 2026
Last soldAED 33K10 August 2026
Current rentAED 61K /yr30 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Mag 890

What is 111 worth today?

Last sold for AED 33,116 in 2026

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10 Aug 2026SoldReady · flagged as an outlier
AED 33,116AED 84 per sqft
30 Jan 2026RentedNew contract
AED 61,000/yr12 months · AED 155 per sqft
5 Mar 2025SoldReady
AED 796,000AED 2,019 per sqft
13 Dec 2024RentedNew contract
AED 50,000/yr12 months · AED 126 per sqft
13 Dec 2024RentedNew contract
AED 50,000/yr12 months · AED 126 per sqft
1 Jun 2023SoldOff-plan
AED 535,000AED 1,348 per sqft
2 Jun 2020Sold by developerOff-plan
AED 400,000AED 1,008 per sqft

Source: Dubai Land Department. Updated 10 August 2026.

Key facts

Type
Studio apartment
Size
394 sqft
Floor
1st of 8
Parking
G-14
Developer
MAG
Completed
2023
Last sold
AED 33K · August 2026
Building
Mag 890

About 111, Mag 890

111 is a studio of 394 sqft on the 1st floor of Mag 890, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 10 August 2026 for AED 33,116, or AED 84 per sqft, 95% below the AED 1,855 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 30 January 2026, is AED 61,000 a year: a gross yield of 184.2% on the 2026 price.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical studio in Mag 890
400K600K800K20192021202320252027Typical sale price by year: 2019 AED 425,000; 2020 AED 431,100; 2021 AED 518,000; 2022 AED 490,000; 2023 AED 602,500; 2024 AED 665,000; 2025 AED 755,000; 2026 AED 775,000Sold by developer, June 2020: AED 400,000 (AED 1,008 per sqft)Sold, June 2023: AED 535,000 (AED 1,348 per sqft)Sold, March 2025: AED 796,000 (AED 2,019 per sqft)

111 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 111, each contractTypical studio in Mag 890
50K55K60K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 55,000; 2026 AED 55,000New contract, December 2024: AED 50,000 a yearNew contract, December 2024: AED 50,000 a yearNew contract, January 2026: AED 61,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Mag 890, and where 111 sits

All 104 studios →

111 last sold in August 2026 at AED 84 per sqft, 95% below what studios in Mag 890 were fetching at the time (AED 1,855). Over the last 12 months studios sold for AED 607,782 to 800,000, around AED 1,874 per sqft, and rent for AED 40,000 to 65,000 a year. 111's AED 61,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Oct 2026670,000
12 May 2026800,000
16 Apr 2026607,782
12 Mar 2026780,000
10 studio sales in the last 12 months

Mag 890

Building

128 apartments, studios to 1-bed over 8 floors in District Seven, completed in 2023 by MAG. 12 sold in the last 12 months.

Typical price per sqft
AED 1,855 Up 8.0%
Typical sale
AED 775K
Typical rent
AED 57K /yr
Typical yield
7.0%
Mag 890, District Seven: prices, sales and rents →

Other units on the 1st floor

All 128 units in Mag 890
Value
101StudioAED 410K · Dec 2020
102StudioAED 430K · Sep 2020
103StudioAED 680K · Mar 2025
104StudioAED 396K · Apr 2019
105StudioAED 420K · Dec 2020
106StudioAED 605K · Jan 2024
107StudioAED 509K · Nov 2020
1–7 of 15

111, Mag 890 in numbers

  • Sold 4 times: first on 2 June 2020 for AED 400,000, last on 10 August 2026 for AED 33,116 (AED 84 per sqft).
  • Rented since December 2024 on 3 Ejari contracts, from AED 50,000 to AED 61,000 a year.
  • At AED 61,000 a year the gross yield on the 2026 price is 184.2%.
  • Studios in Mag 890 sold for AED 607,782–800,000 in the 12 months to November 2026; the building's median across all types is AED 1,855 per sqft.

Source: Dubai Land Department. Updated 10 August 2026.

Questions about 111, Mag 890

What did unit 111 last sell for?

AED 33,116 on 10 August 2026: AED 84 per sqft for 394 sqft. The unit has 4 registered sales; the first was AED 400,000 in June 2020.

What is the rent for unit 111?

AED 61,000 a year on the contract signed on 30 January 2026. The previous contract, from December 2024, was AED 50,000; the unit has been rented since December 2024.

How big is unit 111?

394 sqft (36.6 sqm): a studio on the 1st floor of a 8-storey tower completed in 2023.

What is unit 111 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Mag 890 sold for AED 607,782 to 800,000 in the last 12 months, around AED 1,874 per sqft.

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Mortgage on 111, Mag 890

Starts from the last sale price (AED 33K, 10 August 2026). Switch to today's estimate once you have unlocked it.
Price
AED 33,116
Deposit, UAE resident (20%)
AED 6,623
Deposit, non-resident (40%)
AED 13,246
Monthly over 25 years at 3.7%
AED 135

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →