Studio · 417 sqftMag 890, District Seven · 4th floor · completed 2023

409, Mag 890

Sold prices and rental history: sold once, by the developer in June 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 4 June 2020
Last soldAED 427K4 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Mag 890

What is 409 worth today?

Last sold for AED 427,000 in 2020

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4 Jun 2020Sold by developerOff-plan
AED 427,000AED 1,024 per sqft

Source: Dubai Land Department. Updated 4 June 2020.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
4th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 427K · June 2020
Building
Mag 890

About 409, Mag 890

409 is a studio of 417 sqft on the 4th 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 427,000, or AED 1,024 per sqft, in line with the AED 1,032 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 409 over time

Sales
Unit 409, 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 427,000 (AED 1,024 per sqft)

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

Rents
Unit 409, each contractTypical studio in Mag 890
50K53K55K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 55,000; 2026 AED 55,000

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 409 sits

All 104 studios →

409 last sold in June 2020 at AED 1,024 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.

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
406StudioAED 780K · Mar 2026
407StudioAED 432K · Dec 2020
1–7 of 15

409, Mag 890 in numbers

  • Sold once: by MAG on 4 June 2020 for AED 427,000, or AED 1,024 per sqft.
  • 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 4 June 2020.

Questions about 409, Mag 890

What did unit 409 last sell for?

AED 427,000 on 4 June 2020, sold by the developer: AED 1,024 per sqft for 417 sqft. It is the only registered sale of the unit.

How big is unit 409?

417 sqft (38.7 sqm): a studio on the 4th floor of a 8-storey tower completed in 2023.

What is unit 409 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 409, Mag 890

Starts from the last sale price (AED 427K, 4 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 427,000
Deposit, UAE resident (20%)
AED 85,400
Deposit, non-resident (40%)
AED 170,800
Monthly over 25 years at 3.7%
AED 1,747

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