Studio · 413 sqftMag 890, District Seven · 4th floor · completed 2023

405, Mag 890

Sold prices and rental history: sold twice, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 21 November 2023
Last soldAED 600K21 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Mag 890

What is 405 worth today?

Last sold for AED 600,000 in 2023

Unlock today's estimate, updated daily, with

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

21 Nov 2023SoldOff-plan
AED 600,000AED 1,453 per sqft
18 Aug 2021Sold by developerOff-plan
AED 445,500AED 1,078 per sqft

Source: Dubai Land Department. Updated 21 November 2023.

Key facts

Type
Studio apartment
Size
413 sqft
Floor
4th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 600K · November 2023
Building
Mag 890

About 405, Mag 890

405 is a studio of 413 sqft on the 4th floor of Mag 890, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 21 November 2023 for AED 600,000, or AED 1,453 per sqft, 6% above the AED 1,373 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 405 over time

Sales
Unit 405, 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, August 2021: AED 445,500 (AED 1,078 per sqft)Sold, November 2023: AED 600,000 (AED 1,453 per sqft)

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

Rents
Unit 405, each contractTypical studio in Mag 890
50K53K55K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 55,000; 2026 AED 55,000

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 405 sits

All 99 studios →

405 last sold in November 2023 at AED 1,453 per sqft, 6% above what studios in Mag 890 were fetching at the time (AED 1,373). 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.

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 4th floor

All 128 units in Mag 890
Value
401StudioAED 516K · Dec 2020
402StudioAED 620K · Nov 2023
403StudioAED 780K · Oct 2022
404StudioAED 410K · Jun 2019
406StudioAED 446K · Apr 2019
407StudioAED 432K · Dec 2020
408StudioAED 446K · Apr 2019
1–7 of 15

405, Mag 890 in numbers

  • Sold twice: first on 18 August 2021 for AED 445,500, last on 21 November 2023 for AED 600,000 (AED 1,453 per sqft).
  • 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 21 November 2023.

Questions about 405, Mag 890

What did unit 405 last sell for?

AED 600,000 on 21 November 2023: AED 1,453 per sqft for 413 sqft. The unit has 2 registered sales; the first was AED 445,500 in August 2021.

How big is unit 405?

413 sqft (38.4 sqm): a studio on the 4th floor of a 8-storey tower completed in 2023.

What is unit 405 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.

Selling 405? 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 405, Mag 890

Starts from the last sale price (AED 600K, 21 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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