Studio · 397 sqftMag 900, District Seven · 5th floor · completed 2023

508, Mag 900

Sold prices and rental history: sold once, by the developer in June 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 7 June 2020
Last soldAED 420K7 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Mag 900

What is 508 worth today?

Last sold for AED 420,000 in 2020

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7 Jun 2020Sold by developerOff-plan
AED 420,000AED 1,058 per sqft

Source: Dubai Land Department. Updated 7 June 2020.

Key facts

Type
Studio apartment
Size
397 sqft
Floor
5th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 420K · June 2020
Building
Mag 900

About 508, Mag 900

508 is a studio of 397 sqft on the 5th floor of Mag 900, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 7 June 2020 for AED 420,000, or AED 1,058 per sqft, in line with the AED 1,055 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, 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, June 2020: AED 420,000 (AED 1,058 per sqft)

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

Rents
Unit 508, each contractTypical studio in Mag 900
53K54K55K2024202520262027Typical rent by year: 2024 AED 53,000; 2025 AED 55,000; 2026 AED 55,000

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 508 sits

All 72 studios →

508 last sold in June 2020 at AED 1,058 per sqft, in line with what studios in Mag 900 were fetching at the time (AED 1,055). 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.

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 5th floor

All 112 units in Mag 900
Value
5011-bedAED 1.35M · Jul 2025
5021-bedAED 1.18M · Dec 2021
503StudioAED 527K · Apr 2020
504StudioAED 620K · Jan 2024
505StudioAED 426K · Dec 2020
506StudioAED 790K · Sep 2025
507StudioAED 526K · Jul 2021
1–7 of 13

508, Mag 900 in numbers

  • Sold once: by MAG on 7 June 2020 for AED 420,000, or AED 1,058 per sqft.
  • 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 7 June 2020.

Questions about 508, Mag 900

What did unit 508 last sell for?

AED 420,000 on 7 June 2020, sold by the developer: AED 1,058 per sqft for 397 sqft. It is the only registered sale of the unit.

How big is unit 508?

397 sqft (36.9 sqm): a studio on the 5th floor of a 8-storey tower completed in 2023.

What is unit 508 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 508, Mag 900

Starts from the last sale price (AED 420K, 7 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

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