602, Mag 890
Sold prices and rental history: sold once, by the developer in June 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, Mag 890
What is 602 worth today?
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Source: Dubai Land Department. Updated 2 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 471 sqft
- Floor
- 6th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 545K · June 2020
- Building
- Mag 890
About 602, Mag 890
602 is a studio of 471 sqft on the 6th floor of Mag 890, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 4 June 2020 for AED 545,100, or AED 1,158 per sqft, 12% above the AED 1,032 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 2 September 2025, is AED 48,000 a year: a gross yield of 8.8% on the 2020 price.
Sales and rents for 602 over time
602 has sold once; 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 602 sits
All 104 studios →602 last sold in June 2020 at AED 1,158 per sqft, 12% above what studios in Mag 890 were fetching at the time (AED 1,032). 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. 602's AED 48,000 is in the lower 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 6th floor
All 128 units in Mag 890| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | Studio | 429 sqft | AED 530KAED 530,060 · Jun 2019June 2019 | ||
| 603 | Studio | 437 sqft | AED 492KAED 492,000 · Dec 2020December 2020 | ||
| 604 | Studio | 398 sqft | AED 420KAED 420,000 · Feb 2021February 2021 | ||
| 605 | Studio | 413 sqft | AED 750KAED 750,000 · Jun 2024June 2024 | 65,000 /yr | |
| 606 | Studio | 417 sqft | AED 400KAED 399,950 · Dec 2020December 2020 | ||
| 607 | Studio | 417 sqft | AED 528KAED 528,000 · Jul 2021July 2021 | 45,000 /yr | |
| 608 | Studio | 417 sqft | AED 535KAED 535,091 · Oct 2020October 2020 | 55,000 /yr | |
| 609 | Studio | 417 sqft | AED 425KAED 424,771 · Mar 2021March 2021 | ||
| 610 | Studio | 396 sqft | AED 763KAED 763,000 · Dec 2025December 2025 | ||
| 611 | Studio | 394 sqft | AED 680KAED 680,000 · Dec 2024December 2024 | ||
| 612 | 1-bed | 805 sqft | AED 1.13MAED 1,125,000 · Jan 2025January 2025 | 85,000 /yr | |
| 613 | 1-bed | 750 sqft | AED 1.25MAED 1,250,000 · Apr 2025April 2025 | 90,000 /yr | |
| 614 | 1-bed | 796 sqft | AED 735KAED 735,080 · Mar 2021March 2021 | 90,000 /yr | |
| 615 | Studio | 416 sqft | AED 518KAED 517,860 · Oct 2020October 2020 | ||
| 616 | Studio | 418 sqft | AED 525KAED 524,830 · Dec 2020December 2020 | 60,000 /yr |
602, Mag 890 in numbers
- Sold once: by MAG on 4 June 2020 for AED 545,100, or AED 1,158 per sqft.
- Rented since September 2024 on 2 Ejari contracts, at AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2020 price is 8.8%.
- 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 2 September 2025.
Questions about 602, Mag 890
What did unit 602 last sell for?
AED 545,100 on 4 June 2020, sold by the developer: AED 1,158 per sqft for 471 sqft. It is the only registered sale of the unit.
What is the rent for unit 602?
AED 48,000 a year on the contract renewed on 2 September 2025. The previous contract, from September 2024, was AED 48,000.
How big is unit 602?
471 sqft (43.8 sqm): a studio on the 6th floor of a 8-storey tower completed in 2023.
What is unit 602 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 602, Mag 890
Starts from the last sale price (AED 545K, 4 June 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 545,100
- Deposit, UAE resident (20%)
- AED 109,020
- Deposit, non-resident (40%)
- AED 218,040
- Monthly over 25 years at 3.7%
- AED 2,230
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →