1-bed · 843 sqftMag 970, District Seven · 1st floor · completed 2023

112, Mag 970

Sold prices and rental history: sold once, by the developer in November 2022, and rented once, from April 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 21 April 2025
Last soldAED 1.23M17 November 2022
Current rentAED 100K /yr21 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Mag 970

What is 112 worth today?

Last sold for AED 1,230,000 in 2022

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21 Apr 2025RentedNew contract
AED 100,000/yr12 months · AED 111 per sqft
17 Nov 2022Sold by developerOff-plan
AED 1,230,000AED 1,459 per sqft

Source: Dubai Land Department. Updated 21 April 2025.

Key facts

Type
1-bed apartment
Size
843 sqft
Floor
1st of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 1.23M · November 2022
Building
Mag 970

About 112, Mag 970

112 is a one-bedroom apartment of 843 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 17 November 2022 for AED 1,230,000, or AED 1,459 per sqft, in line with the AED 1,420 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 21 April 2025. The current contract, signed on 21 April 2025, is AED 100,000 a year: a gross yield of 8.1% on the 2022 price.

Sales and rents for 112 over time

Sales
Unit 112, 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, November 2022: AED 1,230,000 (AED 1,459 per sqft)

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

Rents
Unit 112, each contractTypical one-bed in Mag 970
90K95K100K202520262027Typical rent by year: 2025 AED 96,000; 2026 AED 90,000New contract, April 2025: AED 100,000 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 112 sits

All 50 1-beds →

112 last sold in November 2022 at AED 1,459 per sqft, in line with what one-beds in Mag 970 were fetching at the time (AED 1,420). 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. 112's AED 100,000 is at the top 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

112, Mag 970 in numbers

  • Sold once: by MAG on 17 November 2022 for AED 1,230,000, or AED 1,459 per sqft.
  • Rented since April 2025 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 8.1%.
  • 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 21 April 2025.

Questions about 112, Mag 970

What did unit 112 last sell for?

AED 1,230,000 on 17 November 2022, sold by the developer: AED 1,459 per sqft for 843 sqft. It is the only registered sale of the unit.

What is the rent for unit 112?

AED 100,000 a year on the contract signed on 21 April 2025.

How big is unit 112?

843 sqft (78.3 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2023.

What is unit 112 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 112, Mag 970

Starts from the last sale price (AED 1.23M, 17 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,230,000
Deposit, UAE resident (20%)
AED 246,000
Deposit, non-resident (40%)
AED 492,000
Monthly over 25 years at 3.7%
AED 5,032

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