
408, Mag 970
Sold prices and rental history: sold once, by the developer in October 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Mag 970
What is 408 worth today?
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Source: Dubai Land Department. Updated 17 October 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 802 sqft
- Floor
- 4th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 816K · October 2021
- Building
- Mag 970
About 408, Mag 970
408 is a one-bedroom apartment of 802 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 17 October 2021 for AED 816,000, or AED 1,017 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 408 over time
408 has sold once; the dashed line is the one-bed median of each year in the building.
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 408 sits
All 50 1-beds →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.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Feb 20264 February 2026 | 900 sqft | 1,300,000 | 1,443 | ||
| 12 Jan 202612 January 2026 | 746 sqft | 1,380,000 | 1,850 | ||
| 30 Jul 202530 July 2025 | 793 sqft | 1,375,000 | 1,734 | ||
| 14 Jul 202514 July 2025 | 793 sqft | 1,460,000 | 1,841 |
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 | ||
| 406 | Studio | 417 sqft | AED 660KAED 660,000 · Jun 2023June 2023 | 65,000 /yr | |
| 407 | Studio | 417 sqft | AED 499KAED 499,000 · Dec 2021December 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 |
408, Mag 970 in numbers
- Sold once: by MAG on 17 October 2021 for AED 816,000, or AED 1,017 per sqft.
- 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 17 October 2021.
Questions about 408, Mag 970
What did unit 408 last sell for?
AED 816,000 on 17 October 2021, sold by the developer: AED 1,017 per sqft for 802 sqft. It is the only registered sale of the unit.
How big is unit 408?
802 sqft (74.5 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2023.
What is unit 408 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 408, Mag 970
Starts from the last sale price (AED 816K, 17 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 816,000
- Deposit, UAE resident (20%)
- AED 163,200
- Deposit, non-resident (40%)
- AED 326,400
- Monthly over 25 years at 3.7%
- AED 3,339
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →