Studio · 417 sqftMag 890, District Seven · 7th floor · completed 2023

707, Mag 890

Sold prices and rental history: sold twice, last in September 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 2 October 2026
Last soldAED 560K26 September 2023
Current rentAED 55K /yr2 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Mag 890

What is 707 worth today?

Last sold for AED 560,000 in 2023

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2 Oct 2026RentedRenewal
AED 55,000/yr12 months · AED 134 per sqft
2 Oct 2025RentedNew contract
AED 55,000/yr12 months · AED 134 per sqft
26 Sep 2023SoldOff-plan
AED 560,000AED 1,343 per sqft
14 Jul 2020Sold by developerOff-plan
AED 500,000AED 1,199 per sqft

Source: Dubai Land Department. Updated 2 October 2026.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
7th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 560K · September 2023
Building
Mag 890

About 707, Mag 890

707 is a studio of 417 sqft on the 7th floor of Mag 890, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 26 September 2023 for AED 560,000, or AED 1,343 per sqft, in line with the AED 1,346 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 2 October 2026, is AED 55,000 a year: a gross yield of 9.8% on the 2023 price.

Sales and rents for 707 over time

Sales
Unit 707, 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, July 2020: AED 500,000 (AED 1,199 per sqft)Sold, September 2023: AED 560,000 (AED 1,343 per sqft)

707 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 707, each contractTypical studio in Mag 890
50K53K55K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 55,000; 2026 AED 55,000New contract, October 2025: AED 55,000 a yearRenewal, October 2026: AED 55,000 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 707 sits

All 104 studios →

707 last sold in September 2023 at AED 1,343 per sqft, in line with what studios in Mag 890 were fetching at the time (AED 1,346). 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. 707's AED 55,000 is in the upper 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
705StudioAED 429K · May 2019
706StudioAED 429K · May 2019
708StudioAED 660K · Aug 2024
1–7 of 15

707, Mag 890 in numbers

  • Sold twice: first on 14 July 2020 for AED 500,000, last on 26 September 2023 for AED 560,000 (AED 1,343 per sqft).
  • Rented since October 2025 on 2 Ejari contracts, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 9.8%.
  • 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 2 October 2026.

Questions about 707, Mag 890

What did unit 707 last sell for?

AED 560,000 on 26 September 2023: AED 1,343 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 500,000 in July 2020.

What is the rent for unit 707?

AED 55,000 a year on the contract renewed on 2 October 2026. The previous contract, from October 2025, was AED 55,000.

How big is unit 707?

417 sqft (38.7 sqm): a studio on the 7th floor of a 8-storey tower completed in 2023.

What is unit 707 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 707, Mag 890

Starts from the last sale price (AED 560K, 26 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 560,000
Deposit, UAE resident (20%)
AED 112,000
Deposit, non-resident (40%)
AED 224,000
Monthly over 25 years at 3.7%
AED 2,291

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