1-bed · 796 sqftMag 890, District Seven · 5th floor · completed 2023

514, Mag 890

Sold prices and rental history: sold once, by the developer in August 2021, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 3 July 2026
Last soldAED 799K16 August 2021
Current rentAED 75K /yr3 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Mag 890

What is 514 worth today?

Last sold for AED 799,000 in 2021

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3 Jul 2026RentedNew contract
AED 75,000/yr12 months · AED 94 per sqft
28 Oct 2024RentedNew contract
AED 78,000/yr12 months · AED 98 per sqft
16 Aug 2021Sold by developerOff-plan
AED 799,000AED 1,004 per sqft

Source: Dubai Land Department. Updated 3 July 2026.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
5th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 799K · August 2021
Building
Mag 890

About 514, Mag 890

514 is a one-bedroom apartment of 796 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 16 August 2021 for AED 799,000, or AED 1,004 per sqft, 9% below the AED 1,107 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 3 July 2026, is AED 75,000 a year: a gross yield of 9.4% on the 2021 price.

Sales and rents for 514 over time

Sales
Unit 514, each saleTypical one-bed in Mag 890
750K1M1.25M2020202220242026Typical sale price by year: 2020 AED 888,000; 2021 AED 813,050; 2022 AED 1,038,600; 2024 AED 1,137,500; 2025 AED 1,262,500Sold by developer, August 2021: AED 799,000 (AED 1,004 per sqft)

514 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 514, each contractTypical one-bed in Mag 890
80K90K2024202520262027Typical rent by year: 2024 AED 90,000; 2025 AED 85,000; 2026 AED 92,500New contract, October 2024: AED 78,000 a yearNew contract, July 2026: AED 75,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Mag 890, and where 514 sits

All 24 1-beds →

514 last sold in August 2021 at AED 1,004 per sqft, 9% below what one-beds in Mag 890 were fetching at the time (AED 1,107). Over the last 12 months one-beds sold for AED 1,200,000 to 1,350,000, around AED 1,607 per sqft, and rent for AED 75,000 to 100,000 a year. 514's AED 75,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Oct 20261,200,000
4 Feb 20261,350,000
9 Oct 20251,300,000
18 Apr 20251,250,000
2 1-bed 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

514, Mag 890 in numbers

  • Sold once: by MAG on 16 August 2021 for AED 799,000, or AED 1,004 per sqft.
  • Rented since October 2024 on 2 Ejari contracts, from AED 78,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2021 price is 9.4%.
  • One-beds in Mag 890 sold for AED 1,200,000–1,350,000 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 July 2026.

Questions about 514, Mag 890

What did unit 514 last sell for?

AED 799,000 on 16 August 2021, sold by the developer: AED 1,004 per sqft for 796 sqft. It is the only registered sale of the unit.

What is the rent for unit 514?

AED 75,000 a year on the contract signed on 3 July 2026. The previous contract, from October 2024, was AED 78,000.

How big is unit 514?

796 sqft (74.0 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2023.

What is unit 514 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mag 890 sold for AED 1,200,000 to 1,350,000 in the last 12 months, around AED 1,607 per sqft.

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Mortgage on 514, Mag 890

Starts from the last sale price (AED 799K, 16 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 799,000
Deposit, UAE resident (20%)
AED 159,800
Deposit, non-resident (40%)
AED 319,600
Monthly over 25 years at 3.7%
AED 3,269

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