1-bed · 750 sqftMag 890, District Seven · 1st floor · completed 2023

113, Mag 890

Sold prices and rental history: sold twice, last in October 2024, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 113 · DLD and Ejari recordsUpdated 23 December 2024
Last soldAED 951K23 October 2024
Current rentAED 82K /yr23 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 113, Mag 890

What is 113 worth today?

Last sold for AED 951,000 in 2024

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23 Dec 2024RentedNew contract
AED 82,000/yr12 months · AED 109 per sqft
23 Oct 2024SoldReady
AED 951,000AED 1,268 per sqft
16 May 2021Sold by developerOff-plan
AED 800,000AED 1,063 per sqft

Source: Dubai Land Department. Updated 23 December 2024.

Key facts

Type
1-bed apartment
Size
750 sqft
Floor
1st of 8
Parking
G-16
Developer
MAG
Completed
2023
Last sold
AED 951K · October 2024
Building
Mag 890

About 113, Mag 890

113 is a one-bedroom apartment of 750 sqft on the 1st floor of Mag 890, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 23 October 2024 for AED 951,000, or AED 1,268 per sqft, 8% below the AED 1,371 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 December 2024. The current contract, signed on 23 December 2024, is AED 82,000 a year: a gross yield of 8.6% on the 2024 price.

Sales and rents for 113 over time

Sales
Unit 113, each saleTypical one-bed in Mag 890
750K1M1.25M2020202220242026Typical sale price by year: 2020 AED 888,000; 2021 AED 813,050; 2022 AED 1,038,600; 2024 AED 1,137,500; 2025 AED 1,262,500Sold by developer, May 2021: AED 800,000 (AED 1,063 per sqft)Sold, October 2024: AED 951,000 (AED 1,268 per sqft)

113 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 113, each contractTypical one-bed in Mag 890
85K90K2024202520262027Typical rent by year: 2024 AED 90,000; 2025 AED 85,000; 2026 AED 92,500New contract, December 2024: AED 82,000 a year

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

1-beds in Mag 890, and where 113 sits

All 24 1-beds →

113 last sold in October 2024 at AED 1,268 per sqft, 8% below what one-beds in Mag 890 were fetching at the time (AED 1,371). Over the last 12 months one-beds sold for AED 1,200,000 to 1,350,000, around AED 1,607 per sqft, and rent for AED 75,000 to 100,000 a year. 113's AED 82,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Oct 20261,200,000
4 Feb 20261,350,000
9 Oct 20251,300,000
18 Apr 20251,250,000
2 1-bed 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

113, Mag 890 in numbers

  • Sold twice: first on 16 May 2021 for AED 800,000, last on 23 October 2024 for AED 951,000 (AED 1,268 per sqft).
  • Rented since December 2024 on one Ejari contract, at AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2024 price is 8.6%.
  • One-beds in Mag 890 sold for AED 1,200,000–1,350,000 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 23 December 2024.

Questions about 113, Mag 890

What did unit 113 last sell for?

AED 951,000 on 23 October 2024: AED 1,268 per sqft for 750 sqft. The unit has 2 registered sales; the first was AED 800,000 in May 2021.

What is the rent for unit 113?

AED 82,000 a year on the contract signed on 23 December 2024.

How big is unit 113?

750 sqft (69.7 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2023.

What is unit 113 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mag 890 sold for AED 1,200,000 to 1,350,000 in the last 12 months, around AED 1,607 per sqft.

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Mortgage on 113, Mag 890

Starts from the last sale price (AED 951K, 23 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 951,000
Deposit, UAE resident (20%)
AED 190,200
Deposit, non-resident (40%)
AED 380,400
Monthly over 25 years at 3.7%
AED 3,891

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