Studio · 418 sqftMag 900, District Seven · 5th floor · completed 2023

514, Mag 900

Sold prices and rental history: sold twice, last in March 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 2 August 2025
Last soldAED 465K14 March 2022
Current rentAED 56K /yr2 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Mag 900

What is 514 worth today?

Last sold for AED 465,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Aug 2025RentedRenewal
AED 56,000/yr12 months · AED 134 per sqft
2 Aug 2024RentedNew contract
AED 54,000/yr12 months · AED 130 per sqft
14 Mar 2022SoldOff-plan
AED 465,000AED 1,112 per sqft
27 Jun 2019Sold by developerOff-plan
AED 455,175AED 1,089 per sqft

Source: Dubai Land Department. Updated 2 August 2025.

Key facts

Type
Studio apartment
Size
418 sqft
Floor
5th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 465K · March 2022
Building
Mag 900

About 514, Mag 900

514 is a studio of 418 sqft on the 5th floor of Mag 900, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 14 March 2022 for AED 465,000, or AED 1,112 per sqft, 6% below the AED 1,184 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 2 August 2025, is AED 56,000 a year: a gross yield of 12.0% on the 2022 price.

Sales and rents for 514 over time

Sales
Unit 514, 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 2019: AED 455,175 (AED 1,089 per sqft)Sold, March 2022: AED 465,000 (AED 1,112 per sqft)

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

Rents
Unit 514, each contractTypical studio in Mag 900
54K56K2024202520262027Typical rent by year: 2024 AED 53,000; 2025 AED 55,000; 2026 AED 55,000New contract, August 2024: AED 54,000 a yearRenewal, August 2025: AED 56,000 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 514 sits

All 72 studios →

514 last sold in March 2022 at AED 1,112 per sqft, 6% below what studios in Mag 900 were fetching at the time (AED 1,184). 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. 514's AED 56,000 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 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

514, Mag 900 in numbers

  • Sold twice: first on 27 June 2019 for AED 455,175, last on 14 March 2022 for AED 465,000 (AED 1,112 per sqft).
  • Rented since August 2024 on 2 Ejari contracts, from AED 54,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2022 price is 12.0%.
  • 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 2 August 2025.

Questions about 514, Mag 900

What did unit 514 last sell for?

AED 465,000 on 14 March 2022: AED 1,112 per sqft for 418 sqft. The unit has 2 registered sales; the first was AED 455,175 in June 2019.

What is the rent for unit 514?

AED 56,000 a year on the contract renewed on 2 August 2025. The previous contract, from August 2024, was AED 54,000.

How big is unit 514?

418 sqft (38.8 sqm): a studio on the 5th floor of a 8-storey tower completed in 2023.

What is unit 514 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.

Selling 514? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 514, Mag 900

Starts from the last sale price (AED 465K, 14 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 465,000
Deposit, UAE resident (20%)
AED 93,000
Deposit, non-resident (40%)
AED 186,000
Monthly over 25 years at 3.7%
AED 1,902

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