Studio · 416 sqftMag 890, District Seven · 6th floor · completed 2023

615, Mag 890

Sold prices and rental history: sold once, by the developer in October 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 615 · DLD and Ejari recordsUpdated 5 October 2020
Last soldAED 518K5 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 615, Mag 890

What is 615 worth today?

Last sold for AED 517,860 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Oct 2020Sold by developerOff-plan
AED 517,860AED 1,245 per sqft

Source: Dubai Land Department. Updated 5 October 2020.

Key facts

Type
Studio apartment
Size
416 sqft
Floor
6th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 518K · October 2020
Building
Mag 890

About 615, Mag 890

615 is a studio of 416 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 517,860, or AED 1,245 per sqft, 18% above the AED 1,058 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 615 over time

Sales
Unit 615, 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 517,860 (AED 1,245 per sqft)

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

Rents
Unit 615, each contractTypical studio in Mag 890
50K53K55K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 55,000; 2026 AED 55,000

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 615 sits

All 104 studios →

615 last sold in October 2020 at AED 1,245 per sqft, 18% 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.

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

615, Mag 890 in numbers

  • Sold once: by MAG on 5 October 2020 for AED 517,860, or AED 1,245 per sqft.
  • 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 5 October 2020.

Questions about 615, Mag 890

What did unit 615 last sell for?

AED 517,860 on 5 October 2020, sold by the developer: AED 1,245 per sqft for 416 sqft. It is the only registered sale of the unit.

How big is unit 615?

416 sqft (38.6 sqm): a studio on the 6th floor of a 8-storey tower completed in 2023.

What is unit 615 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.

Selling 615? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 615, Mag 890

Starts from the last sale price (AED 518K, 5 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 517,860
Deposit, UAE resident (20%)
AED 103,572
Deposit, non-resident (40%)
AED 207,144
Monthly over 25 years at 3.7%
AED 2,119

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