Studio · 398 sqftMag 890, District Seven · 2nd floor · completed 2023

204, Mag 890

Sold prices and rental history: sold once, by the developer in December 2020, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 19 December 2024
Last soldAED 380K27 December 2020
Current rentAED 48K /yr19 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Mag 890

What is 204 worth today?

Last sold for AED 380,000 in 2020

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19 Dec 2024RentedNew contract
AED 48,000/yr12 months · AED 121 per sqft
27 Dec 2020Sold by developerOff-plan
AED 380,000AED 955 per sqft

Source: Dubai Land Department. Updated 19 December 2024.

Key facts

Type
Studio apartment
Size
398 sqft
Floor
2nd of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 380K · December 2020
Building
Mag 890

About 204, Mag 890

204 is a studio of 398 sqft on the 2nd floor of Mag 890, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 27 December 2020 for AED 380,000, or AED 955 per sqft, 9% below the AED 1,045 studios in the building were fetching at the time.

One Ejari contract is registered, from 19 December 2024. The current contract, signed on 19 December 2024, is AED 48,000 a year: a gross yield of 12.6% on the 2020 price.

Sales and rents for 204 over time

Sales
Unit 204, 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, December 2020: AED 380,000 (AED 955 per sqft)

204 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 204, each contractTypical studio in Mag 890
50K55K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 55,000; 2026 AED 55,000New contract, December 2024: AED 48,000 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 204 sits

All 104 studios →

204 last sold in December 2020 at AED 955 per sqft, 9% below what studios in Mag 890 were fetching at the time (AED 1,045). 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. 204's AED 48,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Oct 2026670,000
10 Aug 202633,116
12 May 2026800,000
16 Apr 2026607,782
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 2nd floor

All 128 units in Mag 890
Value
201StudioAED 605K · Dec 2023
202StudioAED 537K · Nov 2019
203StudioAED 760K · Aug 2025
205StudioAED 423K · Jun 2020
206StudioAED 423K · Jun 2020
207StudioAED 423K · Jun 2020
208StudioAED 423K · Jul 2019
1–7 of 15

204, Mag 890 in numbers

  • Sold once: by MAG on 27 December 2020 for AED 380,000, or AED 955 per sqft.
  • Rented since December 2024 on one Ejari contract, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2020 price is 12.6%.
  • 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 19 December 2024.

Questions about 204, Mag 890

What did unit 204 last sell for?

AED 380,000 on 27 December 2020, sold by the developer: AED 955 per sqft for 398 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 48,000 a year on the contract signed on 19 December 2024.

How big is unit 204?

398 sqft (37.0 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2023.

What is unit 204 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 204, Mag 890

Starts from the last sale price (AED 380K, 27 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

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