514, Mag 890
Sold prices and rental history: sold once, by the developer in August 2021, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 514, Mag 890
What is 514 worth today?
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Source: Dubai Land Department. Updated 28 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 796 sqft
- Floor
- 5th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 799K · August 2021
- Building
- Mag 890
About 514, Mag 890
514 is a one-bedroom apartment of 796 sqft on the 5th floor of Mag 890, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 16 August 2021 for AED 799,000, or AED 1,004 per sqft, 9% below the AED 1,108 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 28 October 2024. The current contract, signed on 28 October 2024, is AED 78,000 a year: a gross yield of 9.8% on the 2021 price.
Sales and rents for 514 over time
514 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mag 890, and where 514 sits
All 23 1-beds →514 last sold in August 2021 at AED 1,004 per sqft, 9% below what one-beds in Mag 890 were fetching at the time (AED 1,108). Over the last 12 months one-beds sold for AED 1,350,000, around AED 1,701 per sqft, and rent for AED 84,000 to 95,000 a year. 514's AED 78,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Feb 20264 February 2026 | 793 sqft | 1,350,000 | 1,701 | ||
| 18 Apr 202518 April 2025 | 750 sqft | 1,250,000 | 1,667 | ||
| 1 Mar 20251 March 2025 | 793 sqft | 1,275,000 | 1,607 | ||
| 24 Jan 202524 January 2025 | 805 sqft | 1,125,000 | 1,397 |
Mag 890
Building128 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%
Other units on the 5th floor
All 128 units in Mag 890| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 429 sqft | AED 528KAED 527,900 · Oct 2020October 2020 | ||
| 502 | Studio | 471 sqft | AED 455KAED 455,182 · Jun 2019June 2019 | 60,000 /yr | |
| 503 | Studio | 437 sqft | AED 600KAED 600,000 · Dec 2023December 2023 | ||
| 504 | Studio | 398 sqft | AED 408KAED 408,000 · Nov 2019November 2019 | ||
| 505 | Studio | 413 sqft | AED 470KAED 470,000 · Oct 2022October 2022 | ||
| 506 | Studio | 417 sqft | AED 514KAED 513,600 · Oct 2020October 2020 | ||
| 507 | Studio | 417 sqft | AED 429KAED 429,420 · Dec 2020December 2020 | ||
| 508 | 418 sqft | AED 740KAED 740,000 · Dec 2025December 2025 | |||
| 509 | Studio | 417 sqft | AED 429KAED 429,420 · Dec 2020December 2020 | 58,000 /yr | |
| 510 | Studio | 397 sqft | AED 407KAED 407,000 · Oct 2020October 2020 | ||
| 511 | Studio | 397 sqft | AED 408KAED 408,000 · Aug 2021August 2021 | ||
| 512 | 1-bed | 805 sqft | AED 1.1MAED 1,100,000 · Nov 2024November 2024 | 84,000 /yr | |
| 513 | 1-bed | 750 sqft | AED 1.2MAED 1,200,000 · Nov 2024November 2024 | ||
| 515 | Studio | 416 sqft | AED 448KAED 448,000 · Jun 2020June 2020 | ||
| 516 | Studio | 418 sqft | AED 785KAED 785,000 · Jan 2026January 2026 |
514, Mag 890 in numbers
- Sold once: by MAG on 16 August 2021 for AED 799,000, or AED 1,004 per sqft.
- Rented since October 2024 on one Ejari contract, at AED 78,000 a year.
- At AED 78,000 a year the gross yield on the 2021 price is 9.8%.
- One-beds in Mag 890 sold for AED 1,350,000–1,350,000 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 28 October 2024.
Questions about 514, Mag 890
What did unit 514 last sell for?
AED 799,000 on 16 August 2021, sold by the developer: AED 1,004 per sqft for 796 sqft. It is the only registered sale of the unit.
What is the rent for unit 514?
AED 78,000 a year on the contract signed on 28 October 2024.
How big is unit 514?
796 sqft (74.0 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2023.
What is unit 514 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mag 890 sold for AED 1,350,000 to 1,350,000 in the last 12 months, around AED 1,701 per sqft.
Selling 514? Put it on the OpenOffers board
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Mortgage on 514, Mag 890
Starts from the last sale price (AED 799K, 16 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 799,000
- Deposit, UAE resident (20%)
- AED 159,800
- Deposit, non-resident (40%)
- AED 319,600
- Monthly over 25 years at 3.7%
- AED 3,269
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →