Studio · 397 sqftMag 900, District Seven · 4th floor · completed 2023

408, Mag 900

Sold prices and rental history: sold once, by the developer in April 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 17 April 2019
Last soldAED 401K17 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Mag 900

What is 408 worth today?

Last sold for AED 400,935 in 2019

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17 Apr 2019Sold by developerOff-plan
AED 400,935AED 1,010 per sqft

Source: Dubai Land Department. Updated 17 April 2019.

Key facts

Type
Studio apartment
Size
397 sqft
Floor
4th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 401K · April 2019
Building
Mag 900

About 408, Mag 900

408 is a studio of 397 sqft on the 4th floor of Mag 900, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 17 April 2019 for AED 400,935, or AED 1,010 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical studio in Mag 900
400K600K2019202120232025Typical sale price by year: 2019 AED 435,000; 2020 AED 442,150; 2021 AED 470,000; 2022 AED 465,000; 2023 AED 550,000; 2024 AED 660,000; 2025 AED 730,000Sold by developer, April 2019: AED 400,935 (AED 1,010 per sqft)

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

Rents
Unit 408, each contractTypical studio in Mag 900
53K54K55K202420252026Typical rent by year: 2024 AED 53,000; 2025 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 900, and where 408 sits

All 67 studios →

Over the last 12 months studios sold for AED 725,000, around AED 1,756 per sqft, and rent for AED 53,000 to 57,000 a year.

Recent studio salesUnit no.Price (AED)Summary
4 Jul 2025740,000
3 Jul 2025730,000
27 May 2025574,641
14 Apr 2025581,671
1 studio sale in the last 12 months

Mag 900

Building

112 apartments, studios to 1-bed over 8 floors in District Seven, completed in 2023 by MAG. 3 sold in the last 12 months.

Typical price per sqft
AED 1,860
Typical sale
AED 1.4M
Typical rent
AED 86K /yr
Typical yield
5.9%
Mag 900, District Seven: prices, sales and rents →

Other units on the 4th floor

All 112 units in Mag 900
Value
4011-bedAED 1.41M · Oct 2024
4021-bedAED 926K · Feb 2022
403StudioAED 685K · Aug 2024
404StudioAED 880K · Feb 2025
405AED 725K · Nov 2025
406StudioAED 581K · Apr 2025
407StudioAED 516K · Nov 2019
1–7 of 13

408, Mag 900 in numbers

  • Sold once: by MAG on 17 April 2019 for AED 400,935, or AED 1,010 per sqft.
  • Studios in Mag 900 sold for AED 725,000–725,000 in the 12 months to November 2026; the building's median across all types is AED 1,860 per sqft.

Source: Dubai Land Department. Updated 17 April 2019.

Questions about 408, Mag 900

What did unit 408 last sell for?

AED 400,935 on 17 April 2019, sold by the developer: AED 1,010 per sqft for 397 sqft. It is the only registered sale of the unit.

How big is unit 408?

397 sqft (36.9 sqm): a studio on the 4th floor of a 8-storey tower completed in 2023.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Mag 900 sold for AED 725,000 to 725,000 in the last 12 months, around AED 1,756 per sqft.

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Mortgage on 408, Mag 900

Starts from the last sale price (AED 401K, 17 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 400,935
Deposit, UAE resident (20%)
AED 80,187
Deposit, non-resident (40%)
AED 160,374
Monthly over 25 years at 3.7%
AED 1,640

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