701, Mag 890
Sold prices and rental history: sold twice, last in February 2025, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Mag 890
What is 701 worth today?
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Source: Dubai Land Department. Updated 20 June 2026.
Key facts
- Type
- Studio apartment
- Size
- 427 sqft
- Floor
- 7th of 8
- Parking
- G-97
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 720K · February 2025
- Building
- Mag 890
About 701, Mag 890
701 is a studio of 427 sqft on the 7th floor of Mag 890, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 25 February 2025 for AED 720,000, or AED 1,686 per sqft, in line with the AED 1,648 studios in the building were fetching at the time.
One Ejari contract is registered, from 20 June 2026. The current contract, signed on 20 June 2026, is AED 47,000 a year: a gross yield of 6.5% on the 2025 price.
Sales and rents for 701 over time
701 has sold twice; 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 701 sits
All 104 studios →701 last sold in February 2025 at AED 1,686 per sqft, in line with what studios in Mag 890 were fetching at the time (AED 1,648). 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. 701's AED 47,000 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 7th floor
All 128 units in Mag 890| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | Studio | 471 sqft | AED 460KAED 459,874 · Jun 2019June 2019 | ||
| 703 | Studio | 437 sqft | AED 420KAED 419,900 · Dec 2020December 2020 | ||
| 704 | Studio | 398 sqft | AED 695KAED 695,000 · Aug 2024August 2024 | 54,000 /yr | |
| 705 | Studio | 413 sqft | AED 429KAED 429,293 · May 2019May 2019 | 50,000 /yr | |
| 706 | Studio | 417 sqft | AED 429KAED 429,293 · May 2019May 2019 | ||
| 707 | Studio | 417 sqft | AED 560KAED 560,000 · Sep 2023September 2023 | 55,000 /yr | |
| 708 | Studio | 417 sqft | AED 660KAED 660,000 · Aug 2024August 2024 | 57,000 /yr | |
| 709 | Studio | 416 sqft | AED 780KAED 780,000 · Jul 2025July 2025 | ||
| 710 | Studio | 397 sqft | AED 411KAED 410,970 · Apr 2019April 2019 | ||
| 711 | Studio | 394 sqft | AED 608KAED 607,782 · Apr 2026April 2026 | 55,000 /yr | |
| 712 | 1-bed | 802 sqft | AED 1.1MAED 1,100,000 · Nov 2023November 2023 | ||
| 713 | 1-bed | 752 sqft | AED 888KAED 888,000 · Feb 2021February 2021 | ||
| 714 | 1-bed | 796 sqft | AED 940KAED 939,711 · Sep 2019September 2019 | ||
| 715 | Studio | 416 sqft | AED 433KAED 432,600 · Apr 2019April 2019 | ||
| 716 | Studio | 419 sqft | AED 690KAED 690,000 · Dec 2024December 2024 | 56,000 /yr |
701, Mag 890 in numbers
- Sold twice: first on 27 December 2020 for AED 531,790, last on 25 February 2025 for AED 720,000 (AED 1,686 per sqft).
- Rented since June 2026 on one Ejari contract, at AED 47,000 a year.
- At AED 47,000 a year the gross yield on the 2025 price is 6.5%.
- 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 20 June 2026.
Questions about 701, Mag 890
What did unit 701 last sell for?
AED 720,000 on 25 February 2025: AED 1,686 per sqft for 427 sqft. The unit has 2 registered sales; the first was AED 531,790 in December 2020.
What is the rent for unit 701?
AED 47,000 a year on the contract signed on 20 June 2026.
How big is unit 701?
427 sqft (39.7 sqm): a studio on the 7th floor of a 8-storey tower completed in 2023.
What is unit 701 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 701? Put it on the OpenOffers board
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Mortgage on 701, Mag 890
Starts from the last sale price (AED 720K, 25 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 720,000
- Deposit, UAE resident (20%)
- AED 144,000
- Deposit, non-resident (40%)
- AED 288,000
- Monthly over 25 years at 3.7%
- AED 2,946
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →