216, Mag 890
Sold prices and rental history: sold once, by the developer in June 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 216, Mag 890
What is 216 worth today?
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Source: Dubai Land Department. Updated 15 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 418 sqft
- Floor
- 2nd of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 517K · June 2020
- Building
- Mag 890
About 216, Mag 890
216 is a studio of 418 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 7 June 2020 for AED 517,160, or AED 1,237 per sqft, 20% above the AED 1,033 studios in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 15 February 2026, is AED 57,000 a year: a gross yield of 11.0% on the 2020 price.
Sales and rents for 216 over time
216 has sold once; the dashed line is the studio median of each year in the building.
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 216 sits
All 104 studios →216 last sold in June 2020 at AED 1,237 per sqft, 20% above what studios in Mag 890 were fetching at the time (AED 1,033). 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. 216's AED 57,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 412 sqft | 670,000 | 1,627 | ||
| 10 Aug 202610 August 2026 | 394 sqft | 33,116 | 84 | ||
| 12 May 202612 May 2026 | 388 sqft | 800,000 | 2,064 | ||
| 16 Apr 202616 April 2026 | 394 sqft | 607,782 | 1,541 |
Mag 890
Building128 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%
Other units on the 2nd floor
All 128 units in Mag 890| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | Studio | 429 sqft | AED 605KAED 605,000 · Dec 2023December 2023 | 54,000 /yr | |
| 202 | Studio | 471 sqft | AED 537KAED 537,040 · Nov 2019November 2019 | 55,000 /yr | |
| 203 | Studio | 433 sqft | AED 760KAED 760,000 · Aug 2025August 2025 | ||
| 204 | Studio | 398 sqft | AED 380KAED 380,000 · Dec 2020December 2020 | 48,000 /yr | |
| 205 | Studio | 413 sqft | AED 423KAED 423,000 · Jun 2020June 2020 | 40,000 /yr | |
| 206 | Studio | 417 sqft | AED 423KAED 423,000 · Jun 2020June 2020 | 57,000 /yr | |
| 207 | Studio | 417 sqft | AED 423KAED 423,000 · Jun 2020June 2020 | 55,000 /yr | |
| 208 | Studio | 417 sqft | AED 423KAED 423,000 · Jul 2019July 2019 | ||
| 209 | Studio | 417 sqft | AED 423KAED 423,000 · Jul 2019July 2019 | ||
| 210 | Studio | 397 sqft | AED 475KAED 475,000 · Jan 2022January 2022 | 55,000 /yr | |
| 211 | Studio | 394 sqft | AED 730KAED 730,000 · Mar 2025March 2025 | ||
| 212 | 1-bed | 805 sqft | AED 801KAED 800,975 · Oct 2020October 2020 | 90,000 /yr | |
| 213 | 1-bed | 750 sqft | AED 1.18MAED 1,175,000 · Oct 2024October 2024 | 78,750 /yr | |
| 214 | 1-bed | 796 sqft | AED 850KAED 850,000 · Mar 2021March 2021 | 85,000 /yr | |
| 215 | Studio | 416 sqft | AED 427KAED 427,100 · Jun 2019June 2019 |
216, Mag 890 in numbers
- Sold once: by MAG on 7 June 2020 for AED 517,160, or AED 1,237 per sqft.
- Rented since December 2024 on 3 Ejari contracts, from AED 50,000 to AED 57,000 a year.
- At AED 57,000 a year the gross yield on the 2020 price is 11.0%.
- 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 15 February 2026.
Questions about 216, Mag 890
What did unit 216 last sell for?
AED 517,160 on 7 June 2020, sold by the developer: AED 1,237 per sqft for 418 sqft. It is the only registered sale of the unit.
What is the rent for unit 216?
AED 57,000 a year on the contract signed on 15 February 2026. The previous contract, from January 2026, was AED 57,000; the unit has been rented since December 2024.
How big is unit 216?
418 sqft (38.8 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2023.
What is unit 216 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 216, Mag 890
Starts from the last sale price (AED 517K, 7 June 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 517,160
- Deposit, UAE resident (20%)
- AED 103,432
- Deposit, non-resident (40%)
- AED 206,864
- Monthly over 25 years at 3.7%
- AED 2,116
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →