Studio · 417 sqftMag 890, District Seven · 1st floor · completed 2023

107, Mag 890

Sold prices and rental history: sold once, by the developer in November 2020, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 22 November 2024
Last soldAED 509K8 November 2020
Current rentAED 55K /yr22 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Mag 890

What is 107 worth today?

Last sold for AED 509,410 in 2020

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22 Nov 2024RentedNew contract
AED 55,000/yr12 months · AED 134 per sqft
8 Nov 2020Sold by developerOff-plan
AED 509,410AED 1,221 per sqft

Source: Dubai Land Department. Updated 22 November 2024.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
1st of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 509K · November 2020
Building
Mag 890

About 107, Mag 890

107 is a studio of 417 sqft on the 1st floor of Mag 890, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 8 November 2020 for AED 509,410, or AED 1,221 per sqft, 8% above the AED 1,130 studios in the building were fetching at the time.

One Ejari contract is registered, from 22 November 2024. The current contract, signed on 22 November 2024, is AED 55,000 a year: a gross yield of 10.8% on the 2020 price.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical studio in Mag 890
400K600K800K20192021202320252027Typical sale price by year: 2019 AED 425,000; 2020 AED 432,000; 2021 AED 480,000; 2022 AED 490,000; 2023 AED 602,500; 2024 AED 672,500; 2025 AED 750,000; 2026 AED 775,000Sold by developer, November 2020: AED 509,410 (AED 1,221 per sqft)

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

Rents
Unit 107, each contractTypical studio in Mag 890
50K53K55K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 55,000; 2026 AED 55,000New contract, November 2024: AED 55,000 a year

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

Studios in Mag 890, and where 107 sits

All 99 studios →

107 last sold in November 2020 at AED 1,221 per sqft, 8% above what studios in Mag 890 were fetching at the time (AED 1,130). Over the last 12 months studios sold for AED 740,000 to 785,000, around AED 1,875 per sqft, and rent for AED 40,000 to 58,000 a year. 107's AED 55,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Feb 2026775,000
16 Feb 2026770,000
27 Jan 2026785,000
30 Jul 2025780,000
5 studio sales in the last 12 months

Mag 890

Building

128 apartments, studios to 1-bed over 8 floors in District Seven, completed in 2023 by MAG. 6 sold in the last 12 months.

Typical price per sqft
AED 1,865
Typical sale
AED 773K
Typical rent
AED 56K /yr
Typical yield
7.2%
Mag 890, District Seven: prices, sales and rents →

Other units on the 1st floor

All 128 units in Mag 890
Value
101StudioAED 410K · Dec 2020
102StudioAED 430K · Sep 2020
103StudioAED 680K · Mar 2025
104StudioAED 396K · Apr 2019
105StudioAED 420K · Dec 2020
106StudioAED 605K · Jan 2024
108StudioAED 505K · Sep 2022
1–7 of 15

107, Mag 890 in numbers

  • Sold once: by MAG on 8 November 2020 for AED 509,410, or AED 1,221 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2020 price is 10.8%.
  • Studios in Mag 890 sold for AED 740,000–785,000 in the 12 months to November 2026; the building's median across all types is AED 1,865 per sqft.

Source: Dubai Land Department. Updated 22 November 2024.

Questions about 107, Mag 890

What did unit 107 last sell for?

AED 509,410 on 8 November 2020, sold by the developer: AED 1,221 per sqft for 417 sqft. It is the only registered sale of the unit.

What is the rent for unit 107?

AED 55,000 a year on the contract signed on 22 November 2024.

How big is unit 107?

417 sqft (38.7 sqm): a studio on the 1st floor of a 8-storey tower completed in 2023.

What is unit 107 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Mag 890 sold for AED 740,000 to 785,000 in the last 12 months, around AED 1,875 per sqft.

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Mortgage on 107, Mag 890

Starts from the last sale price (AED 509K, 8 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 509,410
Deposit, UAE resident (20%)
AED 101,882
Deposit, non-resident (40%)
AED 203,764
Monthly over 25 years at 3.7%
AED 2,084

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