1-bed · 796 sqftMag 970, District Seven · 1st floor · completed 2023

111, Mag 970

Sold prices and rental history: sold once, by the developer in April 2022, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 15 January 2026
Last soldAED 1.05M22 April 2022
Current rentAED 90K /yr15 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Mag 970

What is 111 worth today?

Last sold for AED 1,048,600 in 2022

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15 Jan 2026RentedRenewal
AED 90,000/yr12 months · AED 115 per sqft
15 Jan 2026RentedRenewal
AED 90,000/yr12 months · AED 115 per sqft
22 Apr 2022Sold by developerOff-plan
AED 1,048,600AED 1,318 per sqft

Source: Dubai Land Department. Updated 15 January 2026.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
1st of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 1.05M · April 2022
Building
Mag 970

About 111, Mag 970

111 is a one-bedroom apartment of 796 sqft on the 1st floor of Mag 970, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 22 April 2022 for AED 1,048,600, or AED 1,318 per sqft, in line with the AED 1,324 one-beds in the building were fetching at the time.

It has been rented since 2026 on 2 Ejari contracts. The current contract, renewed on 15 January 2026, is AED 90,000 a year: a gross yield of 8.6% on the 2022 price.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical one-bed in Mag 970
1M1.25M202120232025Typical sale price by year: 2021 AED 850,000; 2022 AED 1,156,477; 2023 AED 1,261,434; 2025 AED 1,387,500Sold by developer, April 2022: AED 1,048,600 (AED 1,318 per sqft)

111 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 111, each contractTypical one-bed in Mag 970
90K95K202520262027Typical rent by year: 2025 AED 96,000; 2026 AED 90,000Renewal, January 2026: AED 90,000 a yearRenewal, January 2026: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Mag 970, and where 111 sits

All 50 1-beds →

111 last sold in April 2022 at AED 1,318 per sqft, in line with what one-beds in Mag 970 were fetching at the time (AED 1,324). Over the last 12 months one-beds sold for AED 1,300,000 to 1,400,000, around AED 1,623 per sqft, and rent for AED 90,000 to 95,000 a year. 111's AED 90,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Feb 20261,300,000
12 Jan 20261,380,000
30 Jul 20251,375,000
14 Jul 20251,460,000
3 1-bed sales in the last 12 months

Mag 970

Building

96 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 1,623
Typical sale
AED 1.38M
Typical rent
AED 90K /yr
Typical yield
7.2%
Mag 970, District Seven: prices, sales and rents →

Other units on the 1st floor

All 96 units in Mag 970
Value
1011-bedAED 1.33M · Mar 2023
1021-bedAED 1.27M · Mar 2023
103StudioAED 765K · Jul 2022
104StudioAED 644K · Apr 2022
105StudioAED 580K · Jun 2023
106StudioAED 640K · Jun 2023
107StudioAED 495K · Dec 2021
1–7 of 11

111, Mag 970 in numbers

  • Sold once: by MAG on 22 April 2022 for AED 1,048,600, or AED 1,318 per sqft.
  • Rented since January 2026 on 2 Ejari contracts, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 8.6%.
  • One-beds in Mag 970 sold for AED 1,300,000–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,623 per sqft.

Source: Dubai Land Department. Updated 15 January 2026.

Questions about 111, Mag 970

What did unit 111 last sell for?

AED 1,048,600 on 22 April 2022, sold by the developer: AED 1,318 per sqft for 796 sqft. It is the only registered sale of the unit.

What is the rent for unit 111?

AED 90,000 a year on the contract renewed on 15 January 2026. The previous contract, from January 2026, was AED 90,000.

How big is unit 111?

796 sqft (74.0 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2023.

What is unit 111 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mag 970 sold for AED 1,300,000 to 1,400,000 in the last 12 months, around AED 1,623 per sqft.

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Mortgage on 111, Mag 970

Starts from the last sale price (AED 1.05M, 22 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,048,600
Deposit, UAE resident (20%)
AED 209,720
Deposit, non-resident (40%)
AED 419,440
Monthly over 25 years at 3.7%
AED 4,290

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