406, Mag 970
Sold prices and rental history: sold twice, last in June 2023, 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 406, Mag 970
What is 406 worth today?
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Source: Dubai Land Department. Updated 12 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 417 sqft
- Floor
- 4th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 660K · June 2023
- Building
- Mag 970
About 406, Mag 970
406 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. It last sold on 6 June 2023 for AED 660,000, or AED 1,583 per sqft, in line with the AED 1,575 studios in the building were fetching at the time.
One Ejari contract is registered, from 12 December 2024. The current contract, signed on 12 December 2024, is AED 65,000 a year: a gross yield of 9.8% on the 2023 price.
Sales and rents for 406 over time
406 has sold twice; 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 406 sits
All 39 studios →406 last sold in June 2023 at AED 1,583 per sqft, in line with what studios in Mag 970 were fetching at the time (AED 1,575). 406'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 4th floor
All 96 units in Mag 970| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 903 sqft | AED 1.3MAED 1,303,616 · Jul 2022July 2022 | ||
| 402 | 863 sqft | AED 1.4MAED 1,400,000 · Nov 2025November 2025 | |||
| 403 | Studio | 415 sqft | AED 524KAED 524,000 · Aug 2021August 2021 | ||
| 404 | Studio | 417 sqft | AED 524KAED 524,000 · Aug 2021August 2021 | ||
| 405 | Studio | 409 sqft | AED 740KAED 740,000 · May 2025May 2025 | ||
| 407 | Studio | 417 sqft | AED 499KAED 499,000 · Dec 2021December 2021 | ||
| 408 | 1-bed | 802 sqft | AED 816KAED 816,000 · Oct 2021October 2021 | ||
| 409 | 1-bed | 802 sqft | AED 820KAED 820,000 · Feb 2022February 2022 | ||
| 410 | 1-bed | 752 sqft | AED 996KAED 996,300 · Apr 2022April 2022 | ||
| 411 | 1-bed | 796 sqft | AED 1.1MAED 1,100,000 · Apr 2022April 2022 | 90,000 /yr | |
| 412 | 1-bed | 834 sqft | AED 1.35MAED 1,350,000 · Feb 2025February 2025 |
406, Mag 970 in numbers
- Sold twice: first on 22 December 2021 for AED 499,000, last on 6 June 2023 for AED 660,000 (AED 1,583 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 2023 price is 9.8%.
Source: Dubai Land Department. Updated 12 December 2024.
Questions about 406, Mag 970
What did unit 406 last sell for?
AED 660,000 on 6 June 2023: AED 1,583 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 499,000 in December 2021.
What is the rent for unit 406?
AED 65,000 a year on the contract signed on 12 December 2024.
How big is unit 406?
417 sqft (38.7 sqm): a studio on the 4th floor of a 8-storey tower completed in 2023.
What is unit 406 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 406, Mag 970
Starts from the last sale price (AED 660K, 6 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 660,000
- Deposit, UAE resident (20%)
- AED 132,000
- Deposit, non-resident (40%)
- AED 264,000
- Monthly over 25 years at 3.7%
- AED 2,700
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →