306, Mag 970
Sold prices and rental history: sold once, by the developer in February 2022, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Mag 970
What is 306 worth today?
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Source: Dubai Land Department. Updated 17 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 417 sqft
- Floor
- 3rd of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 658K · February 2022
- Building
- Mag 970
About 306, Mag 970
306 is a studio of 417 sqft on the 3rd floor of Mag 970, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 9 February 2022 for AED 657,800, or AED 1,577 per sqft, 25% above the AED 1,258 studios in the building were fetching at the time.
One Ejari contract is registered, from 17 December 2024. The current contract, signed on 17 December 2024, is AED 65,000 a year: a gross yield of 9.9% on the 2022 price.
Sales and rents for 306 over time
306 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Mag 970, and where 306 sits
All 39 studios →306 last sold in February 2022 at AED 1,577 per sqft, 25% above what studios in Mag 970 were fetching at the time (AED 1,258). 306's AED 65,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 May 202526 May 2025 | 409 sqft | 740,000 | 1,807 | ||
| 21 Mar 202521 March 2025 | 408 sqft | 725,000 | 1,774 | ||
| 4 Feb 20254 February 2025 | 409 sqft | 640,000 | 1,563 | ||
| 7 Nov 20247 November 2024 | 411 sqft | 670,000 | 1,629 |
Mag 970
Building96 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%
Other units on the 3rd floor
All 96 units in Mag 970| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 900 sqft | AED 1.43MAED 1,426,000 · Feb 2025February 2025 | ||
| 302 | 1-bed | 863 sqft | AED 1.4MAED 1,400,000 · Jul 2025July 2025 | ||
| 303 | Studio | 415 sqft | AED 658KAED 657,800 · Oct 2021October 2021 | ||
| 304 | Studio | 417 sqft | AED 658KAED 657,800 · Dec 2021December 2021 | ||
| 305 | Studio | 417 sqft | AED 524KAED 524,000 · Oct 2021October 2021 | ||
| 307 | Studio | 417 sqft | AED 638KAED 638,066 · Feb 2022February 2022 | ||
| 308 | 1-bed | 802 sqft | AED 1.14MAED 1,140,000 · Feb 2022February 2022 | 90,000 /yr | |
| 309 | 1-bed | 802 sqft | AED 1.18MAED 1,175,427 · Nov 2022November 2022 | 95,000 /yr | |
| 310 | 1-bed | 752 sqft | AED 1.14MAED 1,139,285 · Jul 2022July 2022 | ||
| 311 | 1-bed | 796 sqft | AED 1.15MAED 1,152,954 · Oct 2022October 2022 | ||
| 312 | 1-bed | 834 sqft | AED 1.31MAED 1,310,000 · Feb 2025February 2025 |
306, Mag 970 in numbers
- Sold once: by MAG on 9 February 2022 for AED 657,800, or AED 1,577 per sqft.
- Rented since December 2024 on one Ejari contract, at AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2022 price is 9.9%.
Source: Dubai Land Department. Updated 17 December 2024.
Questions about 306, Mag 970
What did unit 306 last sell for?
AED 657,800 on 9 February 2022, sold by the developer: AED 1,577 per sqft for 417 sqft. It is the only registered sale of the unit.
What is the rent for unit 306?
AED 65,000 a year on the contract signed on 17 December 2024.
How big is unit 306?
417 sqft (38.7 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2023.
What is unit 306 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 306, Mag 970
Starts from the last sale price (AED 658K, 9 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 657,800
- Deposit, UAE resident (20%)
- AED 131,560
- Deposit, non-resident (40%)
- AED 263,120
- Monthly over 25 years at 3.7%
- AED 2,691
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →