Studio · 413 sqftMag 930, District Seven · 3rd floor · completed 2023

305, Mag 930

Sold prices and rental history: sold twice, last in June 2024, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 650K25 June 2024
Current rentAED 55K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Mag 930

What is 305 worth today?

Last sold for AED 650,000 in 2024

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20 Oct 2024RentedNew contract
AED 55,000/yr12 months · AED 134 per sqft
25 Jun 2024SoldOff-plan
AED 650,000AED 1,574 per sqft
11 Jan 2021Sold by developerOff-plan
AED 489,000AED 1,184 per sqft

Source: Dubai Land Department. Updated 20 October 2024.

Key facts

Type
Studio apartment
Size
413 sqft
Floor
3rd of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 650K · June 2024
Building
Mag 930

About 305, Mag 930

305 is a studio of 413 sqft on the 3rd floor of Mag 930, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 25 June 2024 for AED 650,000, or AED 1,574 per sqft, 7% above the AED 1,468 studios in the building were fetching at the time.

One Ejari contract is registered, from 20 October 2024. The current contract, signed on 20 October 2024, is AED 55,000 a year: a gross yield of 8.5% on the 2024 price.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical studio in Mag 930
600K2020202220242026Typical sale price by year: 2020 AED 524,000; 2021 AED 514,040; 2022 AED 533,989; 2023 AED 580,000; 2024 AED 680,000; 2025 AED 740,000Sold by developer, January 2021: AED 489,000 (AED 1,184 per sqft)Sold, June 2024: AED 650,000 (AED 1,574 per sqft)

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

Rents
Unit 305, each contractTypical studio in Mag 930
55K58K60K2024202520262027Typical rent by year: 2024 AED 55,000; 2025 AED 55,000; 2026 AED 60,000New contract, October 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 930, and where 305 sits

All 99 studios →

305 last sold in June 2024 at AED 1,574 per sqft, 7% above what studios in Mag 930 were fetching at the time (AED 1,468). Over the last 12 months studios sold for AED 765,000 to 855,000, around AED 1,921 per sqft, and rent for AED 50,000 to 63,000 a year. 305's AED 55,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
5 Feb 2026765,000
25 Jun 2025750,000
20 Jun 2025760,000
9 May 2025700,000
3 studio sales in the last 12 months

Mag 930

Building

128 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 1,921
Typical sale
AED 800K
Typical rent
AED 60K /yr
Typical yield
7.3%
Mag 930, District Seven: prices, sales and rents →

Other units on the 3rd floor

All 128 units in Mag 930
Value
301StudioAED 535K · Jan 2021
302StudioAED 550K · Jan 2021
303StudioAED 529K · Mar 2021
304StudioAED 504K · Jan 2021
306StudioAED 685K · Jan 2025
307StudioAED 530K · Jan 2021
308StudioAED 756K · Jan 2024
1–7 of 15

305, Mag 930 in numbers

  • Sold twice: first on 11 January 2021 for AED 489,000, last on 25 June 2024 for AED 650,000 (AED 1,574 per sqft).
  • Rented since October 2024 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 8.5%.
  • Studios in Mag 930 sold for AED 765,000–855,000 in the 12 months to November 2026; the building's median across all types is AED 1,921 per sqft.

Source: Dubai Land Department. Updated 20 October 2024.

Questions about 305, Mag 930

What did unit 305 last sell for?

AED 650,000 on 25 June 2024: AED 1,574 per sqft for 413 sqft. The unit has 2 registered sales; the first was AED 489,000 in January 2021.

What is the rent for unit 305?

AED 55,000 a year on the contract signed on 20 October 2024.

How big is unit 305?

413 sqft (38.4 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2023.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Mag 930 sold for AED 765,000 to 855,000 in the last 12 months, around AED 1,921 per sqft.

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Mortgage on 305, Mag 930

Starts from the last sale price (AED 650K, 25 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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