716, Mag 890
Sold prices and rental history: sold 3 times, last in December 2024, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 716, Mag 890
What is 716 worth today?
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Source: Dubai Land Department. Updated 23 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 419 sqft
- Floor
- 7th of 8
- Parking
- G-112
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 690K · December 2024
- Building
- Mag 890
About 716, Mag 890
716 is a studio of 419 sqft on the 7th floor of Mag 890, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 20 December 2024 for AED 690,000, or AED 1,648 per sqft, 5% above the AED 1,575 studios in the building were fetching at the time.
One Ejari contract is registered, from 23 January 2026. The current contract, renewed on 23 January 2026, is AED 56,000 a year: a gross yield of 8.1% on the 2024 price.
Sales and rents for 716 over time
716 has sold 3 times; 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 716 sits
All 104 studios →716 last sold in December 2024 at AED 1,648 per sqft, 5% above what studios in Mag 890 were fetching at the time (AED 1,575). 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. 716's AED 56,000 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 7th floor
All 128 units in Mag 890| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | Studio | 427 sqft | AED 720KAED 720,000 · Feb 2025February 2025 | 47,000 /yr | |
| 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, Mag 890 in numbers
- Sold 3 times: first on 5 October 2020 for AED 483,000, last on 20 December 2024 for AED 690,000 (AED 1,648 per sqft).
- Rented since January 2026 on one Ejari contract, at AED 56,000 a year.
- At AED 56,000 a year the gross yield on the 2024 price is 8.1%.
- 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 23 January 2026.
Questions about 716, Mag 890
What did unit 716 last sell for?
AED 690,000 on 20 December 2024: AED 1,648 per sqft for 419 sqft. The unit has 3 registered sales; the first was AED 483,000 in October 2020.
What is the rent for unit 716?
AED 56,000 a year on the contract renewed on 23 January 2026.
How big is unit 716?
419 sqft (38.9 sqm): a studio on the 7th floor of a 8-storey tower completed in 2023.
What is unit 716 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 716? Put it on the OpenOffers board
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Mortgage on 716, Mag 890
Starts from the last sale price (AED 690K, 20 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 690,000
- Deposit, UAE resident (20%)
- AED 138,000
- Deposit, non-resident (40%)
- AED 276,000
- Monthly over 25 years at 3.7%
- AED 2,823
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →