Studio · 413 sqftMag 890, District Seven · 7th floor · completed 2023

705, Mag 890

Sold prices and rental history: sold once, by the developer in May 2019, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 10 July 2026
Last soldAED 429K14 May 2019
Current rentAED 50K /yr10 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Mag 890

What is 705 worth today?

Last sold for AED 429,293 in 2019

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10 Jul 2026RentedNew contract
AED 50,000/yr12 months · AED 121 per sqft
14 May 2019Sold by developerOff-plan
AED 429,293AED 1,039 per sqft

Source: Dubai Land Department. Updated 10 July 2026.

Key facts

Type
Studio apartment
Size
413 sqft
Floor
7th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 429K · May 2019
Building
Mag 890

About 705, Mag 890

705 is a studio of 413 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 14 May 2019 for AED 429,293, or AED 1,039 per sqft, in line with the AED 1,024 studios in the building were fetching at the time.

One Ejari contract is registered, from 10 July 2026. The current contract, signed on 10 July 2026, is AED 50,000 a year: a gross yield of 11.7% on the 2019 price.

Sales and rents for 705 over time

Sales
Unit 705, 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, May 2019: AED 429,293 (AED 1,039 per sqft)

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

Rents
Unit 705, each contractTypical studio in Mag 890
50K53K55K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 55,000; 2026 AED 55,000New contract, July 2026: AED 50,000 a year

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 705 sits

All 104 studios →

705 last sold in May 2019 at AED 1,039 per sqft, in line with what studios in Mag 890 were fetching at the time (AED 1,024). 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. 705's AED 50,000 is in the lower half of that range.

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
703StudioAED 420K · Dec 2020
704StudioAED 695K · Aug 2024
706StudioAED 429K · May 2019
707StudioAED 560K · Sep 2023
708StudioAED 660K · Aug 2024
1–7 of 15

705, Mag 890 in numbers

  • Sold once: by MAG on 14 May 2019 for AED 429,293, or AED 1,039 per sqft.
  • Rented since July 2026 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2019 price is 11.7%.
  • 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 10 July 2026.

Questions about 705, Mag 890

What did unit 705 last sell for?

AED 429,293 on 14 May 2019, sold by the developer: AED 1,039 per sqft for 413 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 50,000 a year on the contract signed on 10 July 2026.

How big is unit 705?

413 sqft (38.4 sqm): a studio on the 7th floor of a 8-storey tower completed in 2023.

What is unit 705 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 705, Mag 890

Starts from the last sale price (AED 429K, 14 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 429,293
Deposit, UAE resident (20%)
AED 85,859
Deposit, non-resident (40%)
AED 171,717
Monthly over 25 years at 3.7%
AED 1,756

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