Studio · 394 sqftMag 920, District Seven · 5th floor · completed 2023

508, Mag 920

Sold prices and rental history: sold twice, last in January 2025, 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 8 January 2025
Last soldAED 500K8 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Mag 920

What is 508 worth today?

Last sold for AED 500,000 in 2025

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8 Jan 2025SoldReady
AED 500,000AED 1,267 per sqft
8 Nov 2020Sold by developerOff-plan
AED 406,980AED 1,025 per sqft

Source: Dubai Land Department. Updated 8 January 2025.

Key facts

Type
Studio apartment
Size
394 sqft
Floor
5th of 8
Parking
G-70
Developer
MAG
Completed
2023
Last sold
AED 500K · January 2025
Building
Mag 920

About 508, Mag 920

508 is a studio of 394 sqft on the 5th floor of Mag 920, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 8 January 2025 for AED 500,000, or AED 1,267 per sqft, 22% below the AED 1,631 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 920
400K600K800K20192021202320252027Typical sale price by year: 2019 AED 429,000; 2020 AED 427,158; 2021 AED 432,000; 2022 AED 520,000; 2023 AED 572,500; 2024 AED 680,000; 2025 AED 750,000; 2026 AED 790,000Sold by developer, November 2020: AED 406,980 (AED 1,025 per sqft)Sold, January 2025: AED 500,000 (AED 1,267 per sqft)

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

Rents
Unit 508, each contractTypical studio in Mag 920
53K54K55K2024202520262027Typical rent by year: 2024 AED 55,000; 2025 AED 55,000; 2026 AED 53,000

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

Studios in Mag 920, and where 508 sits

All 72 studios →

508 last sold in January 2025 at AED 1,267 per sqft, 22% below what studios in Mag 920 were fetching at the time (AED 1,631). Over the last 12 months studios sold for AED 760,000 to 800,000, around AED 1,898 per sqft, and rent for AED 42,500 to 63,000 a year.

Recent studio salesUnit no.Price (AED)Summary
24 Apr 2026760,000
27 Feb 2026790,000
24 Feb 2026800,000
30 Sep 2025770,000
3 studio sales in the last 12 months

Mag 920

Building

112 apartments, studios to 1-bed over 8 floors in District Seven, completed in 2023 by MAG. 7 sold in the last 12 months.

Typical price per sqft
AED 1,755
Typical sale
AED 1M
Typical rent
AED 69K /yr
Typical yield
5.7%
Mag 920, District Seven: prices, sales and rents →

Other units on the 5th floor

All 112 units in Mag 920
Value
5011-bedAED 911K · Jul 2019
5021-bedAED 889K · Dec 2021
503StudioAED 490K · Apr 2024
504StudioAED 770K · Sep 2025
505StudioAED 425K · Oct 2020
506StudioAED 429K · Apr 2019
507StudioAED 429K · Jan 2023
1–7 of 13

508, Mag 920 in numbers

  • Sold twice: first on 8 November 2020 for AED 406,980, last on 8 January 2025 for AED 500,000 (AED 1,267 per sqft).
  • Studios in Mag 920 sold for AED 760,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 1,755 per sqft.

Source: Dubai Land Department. Updated 8 January 2025.

Questions about 508, Mag 920

What did unit 508 last sell for?

AED 500,000 on 8 January 2025: AED 1,267 per sqft for 394 sqft. The unit has 2 registered sales; the first was AED 406,980 in November 2020.

How big is unit 508?

394 sqft (36.6 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 920 sold for AED 760,000 to 800,000 in the last 12 months, around AED 1,898 per sqft.

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Mortgage on 508, Mag 920

Starts from the last sale price (AED 500K, 8 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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