503, Mag 890
Sold prices and rental history: sold twice, last in December 2023, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Mag 890
What is 503 worth today?
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Source: Dubai Land Department. Updated 3 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 437 sqft
- Floor
- 5th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 600K · December 2023
- Building
- Mag 890
About 503, Mag 890
503 is a studio of 437 sqft on the 5th floor of Mag 890, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 5 December 2023 for AED 600,000, or AED 1,372 per sqft, in line with the AED 1,385 studios in the building were fetching at the time.
One Ejari contract is registered, from 3 October 2025. The current contract, signed on 3 October 2025, is AED 56,000 a year: a gross yield of 9.3% on the 2023 price.
Sales and rents for 503 over time
503 has sold twice; 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 503 sits
All 104 studios →503 last sold in December 2023 at AED 1,372 per sqft, in line with what studios in Mag 890 were fetching at the time (AED 1,385). 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. 503's AED 56,000 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 5th floor
All 128 units in Mag 890| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 429 sqft | AED 528KAED 527,900 · Oct 2020October 2020 | ||
| 502 | Studio | 471 sqft | AED 455KAED 455,182 · Jun 2019June 2019 | 42,500 /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 |
503, Mag 890 in numbers
- Sold twice: first on 4 June 2020 for AED 442,000, last on 5 December 2023 for AED 600,000 (AED 1,372 per sqft).
- Rented since October 2025 on one Ejari contract, at AED 56,000 a year.
- At AED 56,000 a year the gross yield on the 2023 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 3 October 2025.
Questions about 503, Mag 890
What did unit 503 last sell for?
AED 600,000 on 5 December 2023: AED 1,372 per sqft for 437 sqft. The unit has 2 registered sales; the first was AED 442,000 in June 2020.
What is the rent for unit 503?
AED 56,000 a year on the contract signed on 3 October 2025.
How big is unit 503?
437 sqft (40.6 sqm): a studio on the 5th floor of a 8-storey tower completed in 2023.
What is unit 503 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 503? Put it on the OpenOffers board
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Mortgage on 503, Mag 890
Starts from the last sale price (AED 600K, 5 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →