Studio · 417 sqftMag 890, District Seven · 6th floor · completed 2023

608, Mag 890

Sold prices and rental history: sold once, by the developer in October 2020, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 12 December 2024
Last soldAED 535K5 October 2020
Current rentAED 55K /yr12 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Mag 890

What is 608 worth today?

Last sold for AED 535,091 in 2020

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12 Dec 2024RentedNew contract
AED 55,000/yr12 months · AED 131 per sqft
5 Oct 2020Sold by developerOff-plan
AED 535,091AED 1,283 per sqft

Source: Dubai Land Department. Updated 12 December 2024.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
6th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 535K · October 2020
Building
Mag 890

About 608, Mag 890

608 is a studio of 417 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 5 October 2020 for AED 535,091, or AED 1,283 per sqft, 21% above the AED 1,058 studios in the building were fetching at the time.

One Ejari contract is registered, from 12 December 2024. The current contract, signed on 12 December 2024, is AED 55,000 a year: a gross yield of 10.3% on the 2020 price.

Sales and rents for 608 over time

Sales
Unit 608, 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, October 2020: AED 535,091 (AED 1,283 per sqft)

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

Rents
Unit 608, each contractTypical studio in Mag 890
50K53K55K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 55,000; 2026 AED 55,000New contract, December 2024: AED 55,000 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 608 sits

All 104 studios →

608 last sold in October 2020 at AED 1,283 per sqft, 21% above what studios in Mag 890 were fetching at the time (AED 1,058). 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. 608's AED 55,000 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 6th floor

All 128 units in Mag 890
Value
601StudioAED 530K · Jun 2019
602StudioAED 545K · Jun 2020
603StudioAED 492K · Dec 2020
604StudioAED 420K · Feb 2021
605StudioAED 750K · Jun 2024
606StudioAED 400K · Dec 2020
607StudioAED 528K · Jul 2021
1–7 of 15

608, Mag 890 in numbers

  • Sold once: by MAG on 5 October 2020 for AED 535,091, or AED 1,283 per sqft.
  • Rented since December 2024 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2020 price is 10.3%.
  • 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 12 December 2024.

Questions about 608, Mag 890

What did unit 608 last sell for?

AED 535,091 on 5 October 2020, sold by the developer: AED 1,283 per sqft for 417 sqft. It is the only registered sale of the unit.

What is the rent for unit 608?

AED 55,000 a year on the contract signed on 12 December 2024.

How big is unit 608?

417 sqft (38.7 sqm): a studio on the 6th floor of a 8-storey tower completed in 2023.

What is unit 608 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 608, Mag 890

Starts from the last sale price (AED 535K, 5 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 535,091
Deposit, UAE resident (20%)
AED 107,018
Deposit, non-resident (40%)
AED 214,036
Monthly over 25 years at 3.7%
AED 2,189

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