Studio · 417 sqftMag 970, District Seven · 4th floor · completed 2023

404, Mag 970

Sold prices and rental history: sold once, by the developer in August 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 16 August 2021
Last soldAED 524K16 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Mag 970

What is 404 worth today?

Last sold for AED 524,000 in 2021

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16 Aug 2021Sold by developerOff-plan
AED 524,000AED 1,256 per sqft

Source: Dubai Land Department. Updated 16 August 2021.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
4th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 524K · August 2021
Building
Mag 970

About 404, Mag 970

404 is a studio of 417 sqft on the 4th floor of Mag 970, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 16 August 2021 for AED 524,000, or AED 1,256 per sqft, in line with the AED 1,258 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical studio in Mag 970
500K600K700K202120232025Typical sale price by year: 2021 AED 524,000; 2022 AED 653,900; 2023 AED 660,000; 2024 AED 672,500; 2025 AED 725,000Sold by developer, August 2021: AED 524,000 (AED 1,256 per sqft)

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

Rents
Unit 404, each contractTypical studio in Mag 970
55K60K202420252026Typical rent by year: 2024 AED 62,581; 2025 AED 55,000

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 404 sits

All 39 studios →

404 last sold in August 2021 at AED 1,256 per sqft, in line with what studios in Mag 970 were fetching at the time (AED 1,258).

Recent studio salesUnit no.Price (AED)Summary
26 May 2025740,000
21 Mar 2025725,000
4 Feb 2025640,000
7 Nov 2024670,000
0 studio 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 4th floor

All 96 units in Mag 970
Value
4011-bedAED 1.3M · Jul 2022
402AED 1.4M · Nov 2025
403StudioAED 524K · Aug 2021
405StudioAED 740K · May 2025
406StudioAED 660K · Jun 2023
407StudioAED 499K · Dec 2021
4081-bedAED 816K · Oct 2021
1–7 of 11

404, Mag 970 in numbers

  • Sold once: by MAG on 16 August 2021 for AED 524,000, or AED 1,256 per sqft.

Source: Dubai Land Department. Updated 16 August 2021.

Questions about 404, Mag 970

What did unit 404 last sell for?

AED 524,000 on 16 August 2021, sold by the developer: AED 1,256 per sqft for 417 sqft. It is the only registered sale of the unit.

How big is unit 404?

417 sqft (38.7 sqm): a studio on the 4th floor of a 8-storey tower completed in 2023.

What is unit 404 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 404, Mag 970

Starts from the last sale price (AED 524K, 16 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 524,000
Deposit, UAE resident (20%)
AED 104,800
Deposit, non-resident (40%)
AED 209,600
Monthly over 25 years at 3.7%
AED 2,144

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