311, Mag 890
Sold prices and rental history: sold once, by the developer in April 2019, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 311, Mag 890
What is 311 worth today?
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Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 397 sqft
- Floor
- 3rd of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 404K · April 2019
- Building
- Mag 890
About 311, Mag 890
311 is a studio of 397 sqft on the 3rd floor of Mag 890, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 17 April 2019 for AED 404,000, or AED 1,018 per sqft, in line with the AED 1,024 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 September 2024, is AED 60,000 a year: a gross yield of 14.8% on the 2019 price.
Sales and rents for 311 over time
311 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 311 sits
All 104 studios →311 last sold in April 2019 at AED 1,018 per sqft, in line with what studios in Mag 890 were fetching at the time (AED 1,024). 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. 311's AED 60,000 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 3rd floor
All 128 units in Mag 890| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | Studio | 427 sqft | AED 750KAED 750,000 · Apr 2025April 2025 | ||
| 302 | Studio | 471 sqft | AED 665KAED 665,000 · Jun 2024June 2024 | 55,000 /yr | |
| 303 | Studio | 433 sqft | AED 780KAED 780,000 · Oct 2025October 2025 | ||
| 304 | Studio | 398 sqft | AED 400KAED 399,960 · Apr 2019April 2019 | ||
| 305 | Studio | 413 sqft | AED 771KAED 771,400 · Nov 2023November 2023 | ||
| 306 | Studio | 417 sqft | AED 653KAED 653,000 · Dec 2023December 2023 | ||
| 307 | Studio | 414 sqft | AED 750KAED 750,000 · Mar 2025March 2025 | 50,000 /yr | |
| 308 | Studio | 418 sqft | AED 775KAED 775,000 · Feb 2026February 2026 | 60,000 /yr | |
| 309 | Studio | 417 sqft | AED 490KAED 490,000 · Jun 2022June 2022 | ||
| 310 | Studio | 396 sqft | AED 770KAED 770,000 · Feb 2026February 2026 | ||
| 312 | 1-bed | 802 sqft | AED 950KAED 950,000 · May 2023May 2023 | ||
| 313 | 1-bed | 752 sqft | AED 888KAED 888,000 · May 2022May 2022 | 80,000 /yr | |
| 314 | 1-bed | 793 sqft | AED 1.2MAED 1,200,000 · Oct 2026October 2026 | ||
| 315 | Studio | 416 sqft | AED 424KAED 424,000 · Jun 2020June 2020 | 60,000 /yr | |
| 316 | Studio | 418 sqft | AED 519KAED 518,870 · Mar 2020March 2020 | 54,837 /yr |
311, Mag 890 in numbers
- Sold once: by MAG on 17 April 2019 for AED 404,000, or AED 1,018 per sqft.
- Rented since September 2024 on 2 Ejari contracts, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2019 price is 14.8%.
- 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 1 September 2024.
Questions about 311, Mag 890
What did unit 311 last sell for?
AED 404,000 on 17 April 2019, sold by the developer: AED 1,018 per sqft for 397 sqft. It is the only registered sale of the unit.
What is the rent for unit 311?
AED 60,000 a year on the contract signed on 1 September 2024. The previous contract, from September 2024, was AED 60,000.
How big is unit 311?
397 sqft (36.9 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2023.
What is unit 311 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.
Selling 311? Put it on the OpenOffers board
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Mortgage on 311, Mag 890
Starts from the last sale price (AED 404K, 17 April 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 404,000
- Deposit, UAE resident (20%)
- AED 80,800
- Deposit, non-resident (40%)
- AED 161,600
- Monthly over 25 years at 3.7%
- AED 1,653
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →