1-bed · 752 sqftMag 900, District Seven · 6th floor · completed 2023

611, Mag 900

Sold prices and rental history: sold twice, last in August 2023, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 611 · DLD and Ejari recordsUpdated 29 August 2024
Last soldAED 1.13M25 August 2023
Current rentAED 70K /yr29 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 611, Mag 900

What is 611 worth today?

Last sold for AED 1,125,000 in 2023

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29 Aug 2024RentedNew contract
AED 70,000/yr12 months · AED 93 per sqft
25 Aug 2023SoldOff-plan
AED 1,125,000AED 1,495 per sqft
23 Feb 2021Sold by developerOff-plan
AED 888,000AED 1,180 per sqft

Source: Dubai Land Department. Updated 29 August 2024.

Key facts

Type
1-bed apartment
Size
752 sqft
Floor
6th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 1.13M · August 2023
Building
Mag 900

About 611, Mag 900

611 is a one-bedroom apartment of 752 sqft on the 6th floor of Mag 900, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 25 August 2023 for AED 1,125,000, or AED 1,495 per sqft, in line with the AED 1,479 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 29 August 2024. The current contract, signed on 29 August 2024, is AED 70,000 a year: a gross yield of 6.2% on the 2023 price.

Sales and rents for 611 over time

Sales
Unit 611, each saleTypical one-bed in Mag 900
1M1.25M2020202220242026Typical sale price by year: 2020 AED 888,000; 2021 AED 855,100; 2022 AED 1,080,000; 2023 AED 1,187,500; 2024 AED 1,350,000; 2025 AED 1,275,000; 2026 AED 1,305,000Sold by developer, February 2021: AED 888,000 (AED 1,180 per sqft)Sold, August 2023: AED 1,125,000 (AED 1,495 per sqft)

611 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 611, each contractTypical one-bed in Mag 900
70K80K90K2024202520262027Typical rent by year: 2024 AED 85,000; 2025 AED 90,000; 2026 AED 85,000New contract, August 2024: AED 70,000 a year

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

1-beds in Mag 900, and where 611 sits

All 40 1-beds →

611 last sold in August 2023 at AED 1,495 per sqft, in line with what one-beds in Mag 900 were fetching at the time (AED 1,479). Over the last 12 months one-beds sold for AED 1,112,200 to 1,575,000, around AED 1,690 per sqft, and rent for AED 70,000 to 99,732 a year. 611's AED 70,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Oct 20261,112,200
17 Aug 20261,210,000
30 Jan 20261,400,000
9 Jan 20261,575,000
4 1-bed sales 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 6th floor

All 112 units in Mag 900
Value
6011-bedAED 1.4M · Dec 2024
6021-bedAED 850K · Oct 2021
603StudioAED 410K · Oct 2021
604StudioAED 509K · Feb 2021
605StudioAED 660K · Nov 2024
606StudioAED 660K · Feb 2024
607StudioAED 660K · Jul 2024
1–7 of 13

611, Mag 900 in numbers

  • Sold twice: first on 23 February 2021 for AED 888,000, last on 25 August 2023 for AED 1,125,000 (AED 1,495 per sqft).
  • Rented since August 2024 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 6.2%.
  • One-beds in Mag 900 sold for AED 1,112,200–1,575,000 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 29 August 2024.

Questions about 611, Mag 900

What did unit 611 last sell for?

AED 1,125,000 on 25 August 2023: AED 1,495 per sqft for 752 sqft. The unit has 2 registered sales; the first was AED 888,000 in February 2021.

What is the rent for unit 611?

AED 70,000 a year on the contract signed on 29 August 2024.

How big is unit 611?

752 sqft (69.9 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2023.

What is unit 611 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mag 900 sold for AED 1,112,200 to 1,575,000 in the last 12 months, around AED 1,690 per sqft.

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Mortgage on 611, Mag 900

Starts from the last sale price (AED 1.13M, 25 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,125,000
Deposit, UAE resident (20%)
AED 225,000
Deposit, non-resident (40%)
AED 450,000
Monthly over 25 years at 3.7%
AED 4,603

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