Studio · 397 sqftMag 890, District Seven · 5th floor · completed 2023

511, Mag 890

Sold prices and rental history: sold once, by the developer in August 2021, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 20 November 2025
Last soldAED 408K18 August 2021
Current rentAED 60K /yr20 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Mag 890

What is 511 worth today?

Last sold for AED 408,000 in 2021

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20 Nov 2025RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft
18 Aug 2021Sold by developerOff-plan
AED 408,000AED 1,028 per sqft

Source: Dubai Land Department. Updated 20 November 2025.

Key facts

Type
Studio apartment
Size
397 sqft
Floor
5th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 408K · August 2021
Building
Mag 890

About 511, Mag 890

511 is a studio of 397 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 18 August 2021 for AED 408,000, or AED 1,028 per sqft, 5% below the AED 1,078 studios in the building were fetching at the time.

One Ejari contract is registered, from 20 November 2025. The current contract, signed on 20 November 2025, is AED 60,000 a year: a gross yield of 14.7% on the 2021 price.

Sales and rents for 511 over time

Sales
Unit 511, 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, August 2021: AED 408,000 (AED 1,028 per sqft)

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

Rents
Unit 511, each contractTypical studio in Mag 890
50K55K60K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 55,000; 2026 AED 55,000New contract, November 2025: AED 60,000 a year

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 511 sits

All 104 studios →

511 last sold in August 2021 at AED 1,028 per sqft, 5% below what studios in Mag 890 were fetching at the time (AED 1,078). 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. 511's AED 60,000 is in the upper half of that range.

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
504StudioAED 408K · Nov 2019
505StudioAED 470K · Oct 2022
506StudioAED 514K · Oct 2020
507StudioAED 429K · Dec 2020
1–7 of 15

511, Mag 890 in numbers

  • Sold once: by MAG on 18 August 2021 for AED 408,000, or AED 1,028 per sqft.
  • Rented since November 2025 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2021 price is 14.7%.
  • 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 20 November 2025.

Questions about 511, Mag 890

What did unit 511 last sell for?

AED 408,000 on 18 August 2021, sold by the developer: AED 1,028 per sqft for 397 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 60,000 a year on the contract signed on 20 November 2025.

How big is unit 511?

397 sqft (36.9 sqm): a studio on the 5th floor of a 8-storey tower completed in 2023.

What is unit 511 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 511, Mag 890

Starts from the last sale price (AED 408K, 18 August 2021). 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 →