616, Mag 890
Sold prices and rental history: sold once, by the developer in December 2020, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 616, Mag 890
What is 616 worth today?
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Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 418 sqft
- Floor
- 6th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 525K · December 2020
- Building
- Mag 890
About 616, Mag 890
616 is a studio of 418 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 27 December 2020 for AED 524,830, or AED 1,256 per sqft, 20% above the AED 1,045 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 October 2025. The current contract, renewed on 1 October 2025, is AED 60,000 a year: a gross yield of 11.4% on the 2020 price.
Sales and rents for 616 over time
616 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 616 sits
All 104 studios →616 last sold in December 2020 at AED 1,256 per sqft, 20% above what studios in Mag 890 were fetching at the time (AED 1,045). 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. 616's AED 60,000 is in the upper 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 | ||
| 602 | Studio | 471 sqft | AED 545KAED 545,100 · Jun 2020June 2020 | 48,000 /yr | |
| 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, Mag 890 in numbers
- Sold once: by MAG on 27 December 2020 for AED 524,830, or AED 1,256 per sqft.
- Rented since October 2025 on one Ejari contract, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2020 price is 11.4%.
- 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 1 October 2025.
Questions about 616, Mag 890
What did unit 616 last sell for?
AED 524,830 on 27 December 2020, sold by the developer: AED 1,256 per sqft for 418 sqft. It is the only registered sale of the unit.
What is the rent for unit 616?
AED 60,000 a year on the contract renewed on 1 October 2025.
How big is unit 616?
418 sqft (38.8 sqm): a studio on the 6th floor of a 8-storey tower completed in 2023.
What is unit 616 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 616? Put it on the OpenOffers board
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Mortgage on 616, Mag 890
Starts from the last sale price (AED 525K, 27 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 524,830
- Deposit, UAE resident (20%)
- AED 104,966
- Deposit, non-resident (40%)
- AED 209,932
- Monthly over 25 years at 3.7%
- AED 2,147
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →