Studio · 418 sqftMag 930, District Seven · 6th floor · completed 2023

616, Mag 930

Sold prices and rental history: sold once, by the developer in March 2021, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616 · DLD and Ejari recordsUpdated 18 September 2025
Last soldAED 502K17 March 2021
Current rentAED 50K /yr18 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 616, Mag 930

What is 616 worth today?

Last sold for AED 501,760 in 2021

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18 Sep 2025RentedNew contract
AED 49,862/yr12 months · AED 120 per sqft
17 Mar 2021Sold by developerOff-plan
AED 501,760AED 1,200 per sqft

Source: Dubai Land Department. Updated 18 September 2025.

Key facts

Type
Studio apartment
Size
418 sqft
Floor
6th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 502K · March 2021
Building
Mag 930

About 616, Mag 930

616 is a studio of 418 sqft on the 6th floor of Mag 930, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 17 March 2021 for AED 501,760, or AED 1,200 per sqft, in line with the AED 1,222 studios in the building were fetching at the time.

One Ejari contract is registered, from 18 September 2025. The current contract, signed on 18 September 2025, is AED 49,862 a year: a gross yield of 9.9% on the 2021 price.

Sales and rents for 616 over time

Sales
Unit 616, each saleTypical studio in Mag 930
600K2020202220242026Typical sale price by year: 2020 AED 524,000; 2021 AED 514,040; 2022 AED 545,937; 2023 AED 580,000; 2024 AED 677,500; 2025 AED 747,000; 2026 AED 727,500Sold by developer, March 2021: AED 501,760 (AED 1,200 per sqft)

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

Rents
Unit 616, each contractTypical studio in Mag 930
50K53K55K2024202520262027Typical rent by year: 2024 AED 55,000; 2025 AED 55,000; 2026 AED 53,928New contract, September 2025: AED 49,862 a year

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

Studios in Mag 930, and where 616 sits

All 104 studios →

616 last sold in March 2021 at AED 1,200 per sqft, in line with what studios in Mag 930 were fetching at the time (AED 1,222). Over the last 12 months studios sold for AED 688,000 to 855,000, around AED 1,785 per sqft, and rent for AED 42,000 to 85,000 a year. 616's AED 49,862 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Oct 2026688,000
2 Oct 2026725,000
27 Jul 202658,329
23 Jul 2026730,000
7 studio sales in the last 12 months

Mag 930

Building

128 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 1,785
Typical sale
AED 748K
Typical rent
AED 55K /yr
Typical yield
7.2%
Mag 930, District Seven: prices, sales and rents →

Other units on the 6th floor

All 128 units in Mag 930
Value
601StudioAED 518K · Feb 2021
602StudioAED 540K · Jan 2021
603StudioAED 590K · Dec 2023
604StudioAED 800K · Oct 2025
605StudioAED 750K · Jun 2025
606StudioAED 680K · Nov 2024
607StudioAED 510K · Jul 2022
1–7 of 15

616, Mag 930 in numbers

  • Sold once: by MAG on 17 March 2021 for AED 501,760, or AED 1,200 per sqft.
  • Rented since September 2025 on one Ejari contract, at AED 49,862 a year.
  • At AED 49,862 a year the gross yield on the 2021 price is 9.9%.
  • Studios in Mag 930 sold for AED 688,000–855,000 in the 12 months to November 2026; the building's median across all types is AED 1,785 per sqft.

Source: Dubai Land Department. Updated 18 September 2025.

Questions about 616, Mag 930

What did unit 616 last sell for?

AED 501,760 on 17 March 2021, sold by the developer: AED 1,200 per sqft for 418 sqft. It is the only registered sale of the unit.

What is the rent for unit 616?

AED 49,862 a year on the contract signed on 18 September 2025.

How big is unit 616?

418 sqft (38.8 sqm): a studio on the 6th floor of a 8-storey tower completed in 2023.

What is unit 616 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Mag 930 sold for AED 688,000 to 855,000 in the last 12 months, around AED 1,785 per sqft.

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Mortgage on 616, Mag 930

Starts from the last sale price (AED 502K, 17 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 501,760
Deposit, UAE resident (20%)
AED 100,352
Deposit, non-resident (40%)
AED 200,704
Monthly over 25 years at 3.7%
AED 2,053

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