Studio · 414 sqftMag 890, District Seven · 3rd floor · completed 2023

307, Mag 890

Sold prices and rental history: sold 3 times, last in March 2025, and rented once, from January 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 7 March 2025
Last soldAED 750K7 March 2025
Current rentAED 50K /yr18 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Mag 890

What is 307 worth today?

Last sold for AED 750,000 in 2025

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7 Mar 2025SoldReady
AED 750,000AED 1,810 per sqft
18 Jan 2025RentedNew contract
AED 50,000/yr12 months · AED 122 per sqft
13 Aug 2024SoldOff-plan
AED 600,000AED 1,439 per sqft
4 Oct 2020Sold by developerOff-plan
AED 425,000AED 1,019 per sqft

Source: Dubai Land Department. Updated 7 March 2025.

Key facts

Type
Studio apartment
Size
414 sqft
Floor
3rd of 8
Parking
G-40
Developer
MAG
Completed
2023
Last sold
AED 750K · March 2025
Building
Mag 890

About 307, Mag 890

307 is a studio of 414 sqft on the 3rd floor of Mag 890, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 7 March 2025 for AED 750,000, or AED 1,810 per sqft, 7% above the AED 1,686 studios in the building were fetching at the time.

One Ejari contract is registered, from 18 January 2025. The current contract, signed on 18 January 2025, is AED 50,000 a year: a gross yield of 6.7% on the 2025 price.

Sales and rents for 307 over time

Sales
Unit 307, 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, October 2020: AED 425,000 (AED 1,019 per sqft)Sold, August 2024: AED 600,000 (AED 1,439 per sqft)Sold, March 2025: AED 750,000 (AED 1,810 per sqft)

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

Rents
Unit 307, each contractTypical studio in Mag 890
50K53K55K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 55,000; 2026 AED 55,000New contract, January 2025: AED 50,000 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 307 sits

All 104 studios →

307 last sold in March 2025 at AED 1,810 per sqft, 7% above what studios in Mag 890 were fetching at the time (AED 1,686). 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. 307's AED 50,000 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 3rd floor

All 128 units in Mag 890
Value
301StudioAED 750K · Apr 2025
302StudioAED 665K · Jun 2024
303StudioAED 780K · Oct 2025
304StudioAED 400K · Apr 2019
305StudioAED 771K · Nov 2023
306StudioAED 653K · Dec 2023
308StudioAED 775K · Feb 2026
1–7 of 15

307, Mag 890 in numbers

  • Sold 3 times: first on 4 October 2020 for AED 425,000, last on 7 March 2025 for AED 750,000 (AED 1,810 per sqft).
  • Rented since January 2025 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2025 price is 6.7%.
  • 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 7 March 2025.

Questions about 307, Mag 890

What did unit 307 last sell for?

AED 750,000 on 7 March 2025: AED 1,810 per sqft for 414 sqft. The unit has 3 registered sales; the first was AED 425,000 in October 2020.

What is the rent for unit 307?

AED 50,000 a year on the contract signed on 18 January 2025.

How big is unit 307?

414 sqft (38.5 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2023.

What is unit 307 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 307, Mag 890

Starts from the last sale price (AED 750K, 7 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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