Studio · 413 sqftMag 890, District Seven · 5th floor · completed 2023

505, Mag 890

Sold prices and rental history: sold twice, last in October 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 505 · DLD and Ejari recordsUpdated 27 October 2022

Last soldAED 470K27 October 2022

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Today's valuefree after one verification

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Property timeline for 505, Mag 890

Today

What is 505 worth today?

Last sold for AED 470,000 in 2022

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27 Oct 2022

27 Oct 2022SoldOff-plan

AED 470,000AED 1,138 per sqft

2 Oct 2019

2 Oct 2019Sold by developerOff-plan

AED 429,420AED 1,039 per sqft

Source: Dubai Land Department. Updated 27 October 2022.

Key facts

Type: Studio apartment
Size: 413 sqft
Floor: 5th of 8
Parking: 1
Developer: MAG
Completed: 2023
Last sold: AED 470K · October 2022
Building: Mag 890

About 505, Mag 890

505 is a studio of 413 sqft on the 5th floor of Mag 890, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 27 October 2022 for AED 470,000, or AED 1,138 per sqft, 4% below the AED 1,186 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales

Unit 505, each saleTypical studio in Mag 890

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

Rents

Unit 505, each contractTypical studio in Mag 890

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 505 sits

All 104 studios →

Studios in Mag 890 · last 12 months1,874 /sqft Mag 890 · all types1,855 /sqft

505 last sold in October 2022 at AED 1,138 per sqft, 4% below what studios in Mag 890 were fetching at the time (AED 1,186). 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 sales	Size	Price (AED)	Per sqft
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

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


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
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
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

1–7 of 15

505, Mag 890 in numbers

Sold twice: first on 2 October 2019 for AED 429,420, last on 27 October 2022 for AED 470,000 (AED 1,138 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 27 October 2022.

Questions about 505, Mag 890

What did unit 505 last sell for?

AED 470,000 on 27 October 2022: AED 1,138 per sqft for 413 sqft. The unit has 2 registered sales; the first was AED 429,420 in October 2019.

How big is unit 505?

413 sqft (38.4 sqm): a studio on the 5th floor of a 8-storey tower completed in 2023.

What is unit 505 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 505, Mag 890

Starts from the last sale price (AED 470K, 27 October 2022). Switch to today's estimate once you have unlocked it.

Price: AED 470,000
Deposit, UAE resident (20%): AED 94,000
Deposit, non-resident (40%): AED 188,000
Monthly over 25 years at 3.7%: AED 1,923

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