Studio · 417 sqftMag 920, District Seven · 3rd floor · completed 2023

304, Mag 920

Sold prices and rental history: sold once, by the developer in June 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 304 · DLD and Ejari recordsUpdated 6 November 2024
Last soldAED 425K2 June 2020
Current rentAED 55K /yr6 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Mag 920

What is 304 worth today?

Last sold for AED 425,000 in 2020

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6 Nov 2024RentedNew contract
AED 55,000/yr12 months · AED 131 per sqft
2 Jun 2020Sold by developerOff-plan
AED 425,000AED 1,019 per sqft

Source: Dubai Land Department. Updated 6 November 2024.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
3rd of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 425K · June 2020
Building
Mag 920

About 304, Mag 920

304 is a studio of 417 sqft on the 3rd floor of Mag 920, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 2 June 2020 for AED 425,000, or AED 1,019 per sqft, in line with the AED 1,033 studios in the building were fetching at the time.

One Ejari contract is registered, from 6 November 2024. The current contract, signed on 6 November 2024, is AED 55,000 a year: a gross yield of 12.9% on the 2020 price.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical studio in Mag 920
400K600K800K2019202120232025Typical sale price by year: 2019 AED 429,000; 2020 AED 427,000; 2021 AED 432,000; 2022 AED 520,000; 2023 AED 575,000; 2024 AED 680,000; 2025 AED 745,000Sold by developer, June 2020: AED 425,000 (AED 1,019 per sqft)

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

Rents
Unit 304, each contractTypical studio in Mag 920
55K55K55K202420252026Typical rent by year: 2024 AED 55,000; 2025 AED 54,500New 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 920, and where 304 sits

All 71 studios →

304 last sold in June 2020 at AED 1,019 per sqft, in line with what studios in Mag 920 were fetching at the time (AED 1,033).

Recent studio salesUnit no.Price (AED)Summary
30 Jun 2025750,000
13 Mar 2025745,000
5 Mar 2025550,000
18 Feb 2025760,000
0 studio sales in the last 12 months

Mag 920

Building

112 apartments, studios to 1-bed over 8 floors in District Seven, completed in 2023 by MAG. 2 sold in the last 12 months.

Typical price per sqft
AED 1,624
Typical sale
AED 1.37M
Typical rent
AED 75K /yr
Typical yield
6.1%
Mag 920, District Seven: prices, sales and rents →

Other units on the 3rd floor

All 112 units in Mag 920
Value
3011-bedAED 925K · Sep 2021
3021-bedAED 1.14M · May 2022
303StudioAED 423K · May 2019
305StudioAED 425K · May 2019
306StudioAED 432K · Mar 2019
307StudioAED 441K · Sep 2019
308StudioAED 421K · Sep 2019
1–7 of 13

304, Mag 920 in numbers

  • Sold once: by MAG on 2 June 2020 for AED 425,000, or AED 1,019 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 12.9%.

Source: Dubai Land Department. Updated 6 November 2024.

Questions about 304, Mag 920

What did unit 304 last sell for?

AED 425,000 on 2 June 2020, sold by the developer: AED 1,019 per sqft for 417 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 55,000 a year on the contract signed on 6 November 2024.

How big is unit 304?

417 sqft (38.7 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2023.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 304, Mag 920

Starts from the last sale price (AED 425K, 2 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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