Studio · 437 sqftMag 890, District Seven · 7th floor · completed 2023

703, Mag 890

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

Unit 703 · DLD and Ejari recordsUpdated 27 December 2020
Last soldAED 420K27 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Mag 890

What is 703 worth today?

Last sold for AED 419,900 in 2020

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27 Dec 2020Sold by developerOff-plan
AED 419,900AED 960 per sqft

Source: Dubai Land Department. Updated 27 December 2020.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
7th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 420K · December 2020
Building
Mag 890

About 703, Mag 890

703 is a studio of 437 sqft on the 7th 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 419,900, or AED 960 per sqft, 8% below the AED 1,045 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 703 over time

Sales
Unit 703, 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, December 2020: AED 419,900 (AED 960 per sqft)

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

Rents
Unit 703, 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 703 sits

All 104 studios →

703 last sold in December 2020 at AED 960 per sqft, 8% below 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.

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 7th floor

All 128 units in Mag 890
Value
701StudioAED 720K · Feb 2025
702StudioAED 460K · Jun 2019
704StudioAED 695K · Aug 2024
705StudioAED 429K · May 2019
706StudioAED 429K · May 2019
707StudioAED 560K · Sep 2023
708StudioAED 660K · Aug 2024
1–7 of 15

703, Mag 890 in numbers

  • Sold once: by MAG on 27 December 2020 for AED 419,900, or AED 960 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 27 December 2020.

Questions about 703, Mag 890

What did unit 703 last sell for?

AED 419,900 on 27 December 2020, sold by the developer: AED 960 per sqft for 437 sqft. It is the only registered sale of the unit.

How big is unit 703?

437 sqft (40.6 sqm): a studio on the 7th floor of a 8-storey tower completed in 2023.

What is unit 703 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 703, Mag 890

Starts from the last sale price (AED 420K, 27 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 419,900
Deposit, UAE resident (20%)
AED 83,980
Deposit, non-resident (40%)
AED 167,960
Monthly over 25 years at 3.7%
AED 1,718

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