1-bed · 796 sqftMag 890, District Seven · 6th floor · completed 2023

614, Mag 890

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

Unit 614 · DLD and Ejari recordsUpdated 20 December 2024
Last soldAED 735K1 March 2021
Current rentAED 90K /yr20 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 614, Mag 890

What is 614 worth today?

Last sold for AED 735,080 in 2021

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20 Dec 2024RentedNew contract
AED 90,000/yr12 months · AED 113 per sqft
20 Dec 2024RentedNew contract
AED 90,000/yr12 months · AED 113 per sqft
1 Mar 2021Sold by developerOff-plan
AED 735,080AED 923 per sqft

Source: Dubai Land Department. Updated 20 December 2024.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
6th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 735K · March 2021
Building
Mag 890

About 614, Mag 890

614 is a one-bedroom apartment of 796 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 1 March 2021 for AED 735,080, or AED 923 per sqft, 19% below the AED 1,144 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 20 December 2024, is AED 90,000 a year: a gross yield of 12.2% on the 2021 price.

Sales and rents for 614 over time

Sales
Unit 614, 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, March 2021: AED 735,080 (AED 923 per sqft)

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

Rents
Unit 614, each contractTypical one-bed in Mag 890
85K90K2024202520262027Typical rent by year: 2024 AED 90,000; 2025 AED 85,000; 2026 AED 92,500New contract, December 2024: AED 90,000 a yearNew contract, December 2024: AED 90,000 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 614 sits

All 24 1-beds →

614 last sold in March 2021 at AED 923 per sqft, 19% below what one-beds in Mag 890 were fetching at the time (AED 1,144). 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. 614's AED 90,000 is in the upper half 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 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

614, Mag 890 in numbers

  • Sold once: by MAG on 1 March 2021 for AED 735,080, or AED 923 per sqft.
  • Rented since December 2024 on 2 Ejari contracts, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2021 price is 12.2%.
  • 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 20 December 2024.

Questions about 614, Mag 890

What did unit 614 last sell for?

AED 735,080 on 1 March 2021, sold by the developer: AED 923 per sqft for 796 sqft. It is the only registered sale of the unit.

What is the rent for unit 614?

AED 90,000 a year on the contract signed on 20 December 2024. The previous contract, from December 2024, was AED 90,000.

How big is unit 614?

796 sqft (74.0 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2023.

What is unit 614 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 614, Mag 890

Starts from the last sale price (AED 735K, 1 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 735,080
Deposit, UAE resident (20%)
AED 147,016
Deposit, non-resident (40%)
AED 294,032
Monthly over 25 years at 3.7%
AED 3,007

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