816, Mag 890
Sold prices and rental history: sold once, by the developer in September 2019, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 816, Mag 890
What is 816 worth today?
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Source: Dubai Land Department. Updated 8 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 418 sqft
- Floor
- 8th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 529K · September 2019
- Building
- Mag 890
About 816, Mag 890
816 is a studio of 418 sqft on the 8th floor of Mag 890, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 16 September 2019 for AED 529,090, or AED 1,266 per sqft, 23% above the AED 1,030 studios in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 8 May 2026, is AED 50,000 a year: a gross yield of 9.4% on the 2019 price.
Sales and rents for 816 over time
816 has sold once; 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 816 sits
All 104 studios →816 last sold in September 2019 at AED 1,266 per sqft, 23% above what studios in Mag 890 were fetching at the time (AED 1,030). 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. 816's AED 50,000 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 8th floor
All 128 units in Mag 890| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | Studio | 388 sqft | AED 800KAED 800,000 · May 2026May 2026 | 47,000 /yr | |
| 802 | Studio | 471 sqft | AED 549KAED 548,890 · Jul 2019July 2019 | ||
| 803 | Studio | 437 sqft | AED 539KAED 539,000 · Aug 2021August 2021 | 58,000 /yr | |
| 804 | Studio | 398 sqft | AED 446KAED 445,500 · Jun 2020June 2020 | 60,000 /yr | |
| 805 | Studio | 413 sqft | AED 480KAED 480,000 · Jul 2021July 2021 | ||
| 806 | Studio | 417 sqft | AED 521KAED 520,988 · Sep 2021September 2021 | 55,000 /yr | |
| 807 | Studio | 417 sqft | AED 524KAED 524,150 · Sep 2019September 2019 | ||
| 808 | Studio | 417 sqft | AED 524KAED 524,150 · Mar 2021March 2021 | ||
| 809 | Studio | 417 sqft | AED 524KAED 524,150 · Dec 2020December 2020 | ||
| 810 | Studio | 397 sqft | AED 450KAED 450,000 · Feb 2022February 2022 | ||
| 811 | Studio | 397 sqft | AED 414KAED 414,000 · Jun 2020June 2020 | ||
| 812 | 1-bed | 802 sqft | AED 826KAED 826,000 · Jun 2020June 2020 | 80,000 /yr | |
| 813 | 1-bed | 752 sqft | AED 888KAED 888,000 · Dec 2020December 2020 | 95,000 /yr | |
| 814 | 1-bed | 796 sqft | AED 799KAED 799,000 · Sep 2021September 2021 | ||
| 815 | Studio | 414 sqft | AED 760KAED 760,000 · Apr 2025April 2025 |
816, Mag 890 in numbers
- Sold once: by MAG on 16 September 2019 for AED 529,090, or AED 1,266 per sqft.
- Rented since September 2024 on 3 Ejari contracts, from AED 48,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2019 price is 9.4%.
- 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 8 May 2026.
Questions about 816, Mag 890
What did unit 816 last sell for?
AED 529,090 on 16 September 2019, sold by the developer: AED 1,266 per sqft for 418 sqft. It is the only registered sale of the unit.
What is the rent for unit 816?
AED 50,000 a year on the contract signed on 8 May 2026. The previous contract, from October 2025, was AED 58,000; the unit has been rented since September 2024.
How big is unit 816?
418 sqft (38.8 sqm): a studio on the 8th floor of a 8-storey tower completed in 2023.
What is unit 816 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 816? Put it on the OpenOffers board
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Mortgage on 816, Mag 890
Starts from the last sale price (AED 529K, 16 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 529,090
- Deposit, UAE resident (20%)
- AED 105,818
- Deposit, non-resident (40%)
- AED 211,636
- Monthly over 25 years at 3.7%
- AED 2,165
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →