Studio · 398 sqftMag 890, District Seven · 5th floor · completed 2023

504, Mag 890

Sold prices and rental history: sold once, by the developer in November 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 7 November 2019
Last soldAED 408K7 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Mag 890

What is 504 worth today?

Last sold for AED 408,000 in 2019

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7 Nov 2019Sold by developerOff-plan
AED 408,000AED 1,026 per sqft

Source: Dubai Land Department. Updated 7 November 2019.

Key facts

Type
Studio apartment
Size
398 sqft
Floor
5th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 408K · November 2019
Building
Mag 890

About 504, Mag 890

504 is a studio of 398 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 7 November 2019 for AED 408,000, or AED 1,026 per sqft, in line with the AED 1,030 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 504 over time

Sales
Unit 504, 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, November 2019: AED 408,000 (AED 1,026 per sqft)

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

Rents
Unit 504, 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 504 sits

All 104 studios →

504 last sold in November 2019 at AED 1,026 per sqft, in line with what studios in Mag 890 were fetching at the time (AED 1,030). 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 5th floor

All 128 units in Mag 890
Value
501StudioAED 528K · Oct 2020
502StudioAED 455K · Jun 2019
503StudioAED 600K · Dec 2023
505StudioAED 470K · Oct 2022
506StudioAED 514K · Oct 2020
507StudioAED 429K · Dec 2020
508StudioAED 740K · Dec 2025
1–7 of 15

504, Mag 890 in numbers

  • Sold once: by MAG on 7 November 2019 for AED 408,000, or AED 1,026 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 7 November 2019.

Questions about 504, Mag 890

What did unit 504 last sell for?

AED 408,000 on 7 November 2019, sold by the developer: AED 1,026 per sqft for 398 sqft. It is the only registered sale of the unit.

How big is unit 504?

398 sqft (37.0 sqm): a studio on the 5th floor of a 8-storey tower completed in 2023.

What is unit 504 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 504, Mag 890

Starts from the last sale price (AED 408K, 7 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 408,000
Deposit, UAE resident (20%)
AED 81,600
Deposit, non-resident (40%)
AED 163,200
Monthly over 25 years at 3.7%
AED 1,669

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