502, Mag 890
Sold prices and rental history: sold once, by the developer in June 2019, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Mag 890
What is 502 worth today?
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Source: Dubai Land Department. Updated 25 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 471 sqft
- Floor
- 5th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 455K · June 2019
- Building
- Mag 890
About 502, Mag 890
502 is a studio of 471 sqft on the 5th floor of Mag 890, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 30 June 2019 for AED 455,182, or AED 967 per sqft, 6% below the AED 1,029 studios in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 25 September 2026, is AED 42,500 a year: a gross yield of 9.3% on the 2019 price.
Sales and rents for 502 over time
502 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 502 sits
All 104 studios →502 last sold in June 2019 at AED 967 per sqft, 6% below what studios in Mag 890 were fetching at the time (AED 1,029). 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. 502's AED 42,500 is in the lower 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 5th floor
All 128 units in Mag 890| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 429 sqft | AED 528KAED 527,900 · Oct 2020October 2020 | ||
| 503 | Studio | 437 sqft | AED 600KAED 600,000 · Dec 2023December 2023 | 56,000 /yr | |
| 504 | Studio | 398 sqft | AED 408KAED 408,000 · Nov 2019November 2019 | ||
| 505 | Studio | 413 sqft | AED 470KAED 470,000 · Oct 2022October 2022 | ||
| 506 | Studio | 417 sqft | AED 514KAED 513,600 · Oct 2020October 2020 | ||
| 507 | Studio | 417 sqft | AED 429KAED 429,420 · Dec 2020December 2020 | ||
| 508 | Studio | 418 sqft | AED 740KAED 740,000 · Dec 2025December 2025 | ||
| 509 | Studio | 417 sqft | AED 429KAED 429,420 · Dec 2020December 2020 | 58,000 /yr | |
| 510 | Studio | 397 sqft | AED 407KAED 407,000 · Oct 2020October 2020 | ||
| 511 | Studio | 397 sqft | AED 408KAED 408,000 · Aug 2021August 2021 | 60,000 /yr | |
| 512 | 1-bed | 805 sqft | AED 1.1MAED 1,100,000 · Nov 2024November 2024 | 84,000 /yr | |
| 513 | 1-bed | 750 sqft | AED 1.2MAED 1,200,000 · Nov 2024November 2024 | 100,000 /yr | |
| 514 | 1-bed | 796 sqft | AED 799KAED 799,000 · Aug 2021August 2021 | 75,000 /yr | |
| 515 | Studio | 416 sqft | AED 448KAED 448,000 · Jun 2020June 2020 | ||
| 516 | Studio | 419 sqft | AED 785KAED 785,000 · Jan 2026January 2026 | 58,000 /yr |
502, Mag 890 in numbers
- Sold once: by MAG on 30 June 2019 for AED 455,182, or AED 967 per sqft.
- Rented since March 2025 on 3 Ejari contracts, from AED 60,000 to AED 42,500 a year.
- At AED 42,500 a year the gross yield on the 2019 price is 9.3%.
- 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 25 September 2026.
Questions about 502, Mag 890
What did unit 502 last sell for?
AED 455,182 on 30 June 2019, sold by the developer: AED 967 per sqft for 471 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 42,500 a year on the contract signed on 25 September 2026. The previous contract, from March 2025, was AED 60,000; the unit has been rented since March 2025.
How big is unit 502?
471 sqft (43.8 sqm): a studio on the 5th floor of a 8-storey tower completed in 2023.
What is unit 502 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 502? Put it on the OpenOffers board
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Mortgage on 502, Mag 890
Starts from the last sale price (AED 455K, 30 June 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 455,182
- Deposit, UAE resident (20%)
- AED 91,036
- Deposit, non-resident (40%)
- AED 182,073
- Monthly over 25 years at 3.7%
- AED 1,862
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →