Studio · 416 sqftMag 890, District Seven · 3rd floor · completed 2023

315, Mag 890

Sold prices and rental history: sold once, by the developer in June 2020, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 5 February 2026
Last soldAED 424K4 June 2020
Current rentAED 60K /yr5 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315, Mag 890

What is 315 worth today?

Last sold for AED 424,000 in 2020

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5 Feb 2026RentedNew contract
AED 60,000/yr12 months · AED 145 per sqft
4 Jun 2020Sold by developerOff-plan
AED 424,000AED 1,019 per sqft

Source: Dubai Land Department. Updated 5 February 2026.

Key facts

Type
Studio apartment
Size
416 sqft
Floor
3rd of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 424K · June 2020
Building
Mag 890

About 315, Mag 890

315 is a studio of 416 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 4 June 2020 for AED 424,000, or AED 1,019 per sqft, in line with the AED 1,032 studios in the building were fetching at the time.

One Ejari contract is registered, from 5 February 2026. The current contract, signed on 5 February 2026, is AED 60,000 a year: a gross yield of 14.1% on the 2020 price.

Sales and rents for 315 over time

Sales
Unit 315, 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, June 2020: AED 424,000 (AED 1,019 per sqft)

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

Rents
Unit 315, each contractTypical studio in Mag 890
50K55K60K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 55,000; 2026 AED 55,000New contract, February 2026: AED 60,000 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 315 sits

All 104 studios →

315 last sold in June 2020 at AED 1,019 per sqft, in line with what studios in Mag 890 were fetching at the time (AED 1,032). 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. 315's AED 60,000 is in the upper 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
307StudioAED 750K · Mar 2025
1–7 of 15

315, Mag 890 in numbers

  • Sold once: by MAG on 4 June 2020 for AED 424,000, or AED 1,019 per sqft.
  • Rented since February 2026 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2020 price is 14.1%.
  • 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 5 February 2026.

Questions about 315, Mag 890

What did unit 315 last sell for?

AED 424,000 on 4 June 2020, sold by the developer: AED 1,019 per sqft for 416 sqft. It is the only registered sale of the unit.

What is the rent for unit 315?

AED 60,000 a year on the contract signed on 5 February 2026.

How big is unit 315?

416 sqft (38.6 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2023.

What is unit 315 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 315, Mag 890

Starts from the last sale price (AED 424K, 4 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 424,000
Deposit, UAE resident (20%)
AED 84,800
Deposit, non-resident (40%)
AED 169,600
Monthly over 25 years at 3.7%
AED 1,735

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