Studio · 416 sqftMag 890, District Seven · 4th floor · completed 2023

406, Mag 890

Sold prices and rental history: sold twice, last in March 2026, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 10 June 2026
Last soldAED 780K12 March 2026
Current rentAED 60K /yr10 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Mag 890

What is 406 worth today?

Last sold for AED 780,000 in 2026

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10 Jun 2026RentedNew contract
AED 60,000/yr12 months · AED 144 per sqft
12 Mar 2026SoldReady
AED 780,000AED 1,874 per sqft
1 Nov 2024RentedNew contract
AED 60,000/yr12 months · AED 143 per sqft
1 Nov 2024RentedNew contract
AED 60,000/yr12 months · AED 143 per sqft
17 Apr 2019Sold by developerOff-plan
AED 445,500AED 1,068 per sqft

Source: Dubai Land Department. Updated 10 June 2026.

Key facts

Type
Studio apartment
Size
416 sqft
Floor
4th of 8
Parking
G-55
Developer
MAG
Completed
2023
Last sold
AED 780K · March 2026
Building
Mag 890

About 406, Mag 890

406 is a studio of 416 sqft on the 4th floor of Mag 890, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 12 March 2026 for AED 780,000, or AED 1,874 per sqft, in line with the AED 1,843 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 10 June 2026, is AED 60,000 a year: a gross yield of 7.7% on the 2026 price.

Sales and rents for 406 over time

Sales
Unit 406, 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, April 2019: AED 445,500 (AED 1,068 per sqft)Sold, March 2026: AED 780,000 (AED 1,874 per sqft)

406 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 406, each contractTypical studio in Mag 890
50K55K60K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 55,000; 2026 AED 55,000New contract, November 2024: AED 60,000 a yearNew contract, November 2024: AED 60,000 a yearNew contract, June 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 406 sits

All 104 studios →

406 last sold in March 2026 at AED 1,874 per sqft, in line with what studios in Mag 890 were fetching at the time (AED 1,843). 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. 406'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 4th floor

All 128 units in Mag 890
Value
401StudioAED 516K · Dec 2020
402StudioAED 620K · Nov 2023
403StudioAED 780K · Oct 2022
404StudioAED 410K · Jun 2019
405StudioAED 670K · Oct 2026
407StudioAED 432K · Dec 2020
408StudioAED 446K · Apr 2019
1–7 of 15

406, Mag 890 in numbers

  • Sold twice: first on 17 April 2019 for AED 445,500, last on 12 March 2026 for AED 780,000 (AED 1,874 per sqft).
  • Rented since November 2024 on 3 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2026 price is 7.7%.
  • 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 10 June 2026.

Questions about 406, Mag 890

What did unit 406 last sell for?

AED 780,000 on 12 March 2026: AED 1,874 per sqft for 416 sqft. The unit has 2 registered sales; the first was AED 445,500 in April 2019.

What is the rent for unit 406?

AED 60,000 a year on the contract signed on 10 June 2026. The previous contract, from November 2024, was AED 60,000; the unit has been rented since November 2024.

How big is unit 406?

416 sqft (38.6 sqm): a studio on the 4th floor of a 8-storey tower completed in 2023.

What is unit 406 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 406, Mag 890

Starts from the last sale price (AED 780K, 12 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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