1-bed · 796 sqftMag 890, District Seven · 1st floor · completed 2023

114, Mag 890

Sold prices and rental history: sold once, by the developer in May 2022, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 114 · DLD and Ejari recordsUpdated 8 October 2024
Last soldAED 1.03M24 May 2022
Current rentAED 95K /yr8 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 114, Mag 890

What is 114 worth today?

Last sold for AED 1,027,200 in 2022

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8 Oct 2024RentedNew contract
AED 95,000/yr12 months · AED 119 per sqft
24 May 2022Sold by developerOff-plan
AED 1,027,200AED 1,291 per sqft

Source: Dubai Land Department. Updated 8 October 2024.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
1st of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 1.03M · May 2022
Building
Mag 890

About 114, Mag 890

114 is a one-bedroom apartment of 796 sqft on the 1st floor of Mag 890, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 24 May 2022 for AED 1,027,200, or AED 1,291 per sqft, 18% above the AED 1,097 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 October 2024. The current contract, signed on 8 October 2024, is AED 95,000 a year: a gross yield of 9.3% on the 2022 price.

Sales and rents for 114 over time

Sales
Unit 114, 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 2022: AED 1,027,200 (AED 1,291 per sqft)

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

Rents
Unit 114, each contractTypical one-bed in Mag 890
85K90K95K2024202520262027Typical rent by year: 2024 AED 90,000; 2025 AED 85,000; 2026 AED 92,500New contract, October 2024: AED 95,000 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 114 sits

All 24 1-beds →

114 last sold in May 2022 at AED 1,291 per sqft, 18% above what one-beds in Mag 890 were fetching at the time (AED 1,097). 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. 114's AED 95,000 is in the upper 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

114, Mag 890 in numbers

  • Sold once: by MAG on 24 May 2022 for AED 1,027,200, or AED 1,291 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2022 price is 9.3%.
  • 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 8 October 2024.

Questions about 114, Mag 890

What did unit 114 last sell for?

AED 1,027,200 on 24 May 2022, sold by the developer: AED 1,291 per sqft for 796 sqft. It is the only registered sale of the unit.

What is the rent for unit 114?

AED 95,000 a year on the contract signed on 8 October 2024.

How big is unit 114?

796 sqft (74.0 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2023.

What is unit 114 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 114, Mag 890

Starts from the last sale price (AED 1.03M, 24 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,027,200
Deposit, UAE resident (20%)
AED 205,440
Deposit, non-resident (40%)
AED 410,880
Monthly over 25 years at 3.7%
AED 4,203

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