Studio · 409 sqftMag 970, District Seven · 4th floor · completed 2023

405, Mag 970

Sold prices and rental history: sold 3 times, last in May 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 26 May 2025
Last soldAED 740K26 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Mag 970

What is 405 worth today?

Last sold for AED 740,000 in 2025

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26 May 2025SoldReady
AED 740,000AED 1,807 per sqft
27 Sep 2024SoldOff-plan
AED 675,000AED 1,619 per sqft
17 Oct 2021Sold by developerOff-plan
AED 533,360AED 1,279 per sqft

Source: Dubai Land Department. Updated 26 May 2025.

Key facts

Type
Studio apartment
Size
409 sqft
Floor
4th of 8
Parking
G-34
Developer
MAG
Completed
2023
Last sold
AED 740K · May 2025
Building
Mag 970

About 405, Mag 970

405 is a studio of 409 sqft on the 4th floor of Mag 970, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 26 May 2025 for AED 740,000, or AED 1,807 per sqft, 11% above the AED 1,629 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 405 over time

Sales
Unit 405, 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, October 2021: AED 533,360 (AED 1,279 per sqft)Sold, September 2024: AED 675,000 (AED 1,619 per sqft)Sold, May 2025: AED 740,000 (AED 1,807 per sqft)

405 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 405, 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 405 sits

All 39 studios →

405 last sold in May 2025 at AED 1,807 per sqft, 11% above what studios in Mag 970 were fetching at the time (AED 1,629).

Recent studio salesUnit no.Price (AED)Summary
21 Mar 2025725,000
4 Feb 2025640,000
7 Nov 2024670,000
8 Mar 2024635,000
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
404StudioAED 524K · Aug 2021
406StudioAED 660K · Jun 2023
407StudioAED 499K · Dec 2021
4081-bedAED 816K · Oct 2021
1–7 of 11

405, Mag 970 in numbers

  • Sold 3 times: first on 17 October 2021 for AED 533,360, last on 26 May 2025 for AED 740,000 (AED 1,807 per sqft).

Source: Dubai Land Department. Updated 26 May 2025.

Questions about 405, Mag 970

What did unit 405 last sell for?

AED 740,000 on 26 May 2025: AED 1,807 per sqft for 409 sqft. The unit has 3 registered sales; the first was AED 533,360 in October 2021.

How big is unit 405?

409 sqft (38.0 sqm): a studio on the 4th floor of a 8-storey tower completed in 2023.

What is unit 405 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 405, Mag 970

Starts from the last sale price (AED 740K, 26 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 740,000
Deposit, UAE resident (20%)
AED 148,000
Deposit, non-resident (40%)
AED 296,000
Monthly over 25 years at 3.7%
AED 3,028

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