Studio · 397 sqftMag 900, District Seven · 3rd floor · completed 2023

308, Mag 900

Sold prices and rental history: sold twice, last in September 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 6 January 2026
Last soldAED 490K16 September 2024
Current rentAED 57K /yr6 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Mag 900

What is 308 worth today?

Last sold for AED 490,000 in 2024

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6 Jan 2026RentedRenewal
AED 57,000/yr12 months · AED 145 per sqft
6 Jan 2025RentedNew contract
AED 57,000/yr12 months · AED 145 per sqft
16 Sep 2024SoldOff-plan
AED 490,000AED 1,235 per sqft
27 Dec 2020Sold by developerOff-plan
AED 420,000AED 1,058 per sqft

Source: Dubai Land Department. Updated 6 January 2026.

Key facts

Type
Studio apartment
Size
397 sqft
Floor
3rd of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 490K · September 2024
Building
Mag 900

About 308, Mag 900

308 is a studio of 397 sqft on the 3rd floor of Mag 900, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 16 September 2024 for AED 490,000, or AED 1,235 per sqft, 22% below the AED 1,583 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 6 January 2026, is AED 57,000 a year: a gross yield of 11.6% on the 2024 price.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical studio in Mag 900
400K600K2019202120232025Typical sale price by year: 2019 AED 437,500; 2020 AED 443,153; 2021 AED 470,200; 2022 AED 465,000; 2023 AED 550,000; 2024 AED 660,000; 2025 AED 730,000Sold by developer, December 2020: AED 420,000 (AED 1,058 per sqft)Sold, September 2024: AED 490,000 (AED 1,235 per sqft)

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

Rents
Unit 308, each contractTypical studio in Mag 900
54K56K2024202520262027Typical rent by year: 2024 AED 53,000; 2025 AED 55,000; 2026 AED 55,000New contract, January 2025: AED 57,000 a yearRenewal, January 2026: AED 57,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Mag 900, and where 308 sits

All 72 studios →

308 last sold in September 2024 at AED 1,235 per sqft, 22% below what studios in Mag 900 were fetching at the time (AED 1,583). Over the last 12 months studios sold for AED 725,000, around AED 1,756 per sqft, and rent for AED 40,000 to 66,000 a year. 308's AED 57,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
24 Nov 2025725,000
31 Oct 2025313,949
1 Oct 2025780,000
8 Sep 2025790,000
1 studio sale in the last 12 months

Mag 900

Building

112 apartments, studios to 1-bed over 8 floors in District Seven, completed in 2023 by MAG. 5 sold in the last 12 months.

Typical price per sqft
AED 1,756
Typical sale
AED 1.21M
Typical rent
AED 80K /yr
Typical yield
6.1%
Mag 900, District Seven: prices, sales and rents →

Other units on the 3rd floor

All 112 units in Mag 900
Value
3011-bedAED 1.15M · Feb 2025
3021-bedAED 1.14M · May 2022
303StudioAED 435K · Dec 2020
304StudioAED 450K · Feb 2021
305StudioAED 665K · Oct 2024
306StudioAED 840K · Apr 2025
307StudioAED 740K · Jul 2025
1–7 of 13

308, Mag 900 in numbers

  • Sold twice: first on 27 December 2020 for AED 420,000, last on 16 September 2024 for AED 490,000 (AED 1,235 per sqft).
  • Rented since January 2025 on 2 Ejari contracts, at AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2024 price is 11.6%.
  • Studios in Mag 900 sold for AED 725,000–725,000 in the 12 months to November 2026; the building's median across all types is AED 1,756 per sqft.

Source: Dubai Land Department. Updated 6 January 2026.

Questions about 308, Mag 900

What did unit 308 last sell for?

AED 490,000 on 16 September 2024: AED 1,235 per sqft for 397 sqft. The unit has 2 registered sales; the first was AED 420,000 in December 2020.

What is the rent for unit 308?

AED 57,000 a year on the contract renewed on 6 January 2026. The previous contract, from January 2025, was AED 57,000.

How big is unit 308?

397 sqft (36.9 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2023.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Mag 900 sold for AED 725,000 to 725,000 in the last 12 months, around AED 1,756 per sqft.

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Mortgage on 308, Mag 900

Starts from the last sale price (AED 490K, 16 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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