Studio · 417 sqftMag 970, District Seven · 5th floor · completed 2023

504, Mag 970

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

Unit 504 · DLD and Ejari recordsUpdated 22 December 2021
Last soldAED 652K22 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Mag 970

What is 504 worth today?

Last sold for AED 652,288 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Dec 2021Sold by developerOff-plan
AED 652,288AED 1,564 per sqft

Source: Dubai Land Department. Updated 22 December 2021.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
5th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 652K · December 2021
Building
Mag 970

About 504, Mag 970

504 is a studio of 417 sqft on the 5th floor of Mag 970, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 22 December 2021 for AED 652,288, or AED 1,564 per sqft, 25% above the AED 1,256 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 504 over time

Sales
Unit 504, 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, December 2021: AED 652,288 (AED 1,564 per sqft)

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

Rents
Unit 504, 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 504 sits

All 39 studios →

504 last sold in December 2021 at AED 1,564 per sqft, 25% above what studios in Mag 970 were fetching at the time (AED 1,256).

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 5th floor

All 96 units in Mag 970
Value
5011-bedAED 1.32M · May 2022
5021-bedAED 1.1M · Jul 2022
503StudioAED 725K · Mar 2025
505StudioAED 635K · Mar 2024
506StudioAED 505K · Oct 2021
507StudioAED 780K · Nov 2023
5081-bedAED 850K · Oct 2021
1–7 of 11

504, Mag 970 in numbers

  • Sold once: by MAG on 22 December 2021 for AED 652,288, or AED 1,564 per sqft.

Source: Dubai Land Department. Updated 22 December 2021.

Questions about 504, Mag 970

What did unit 504 last sell for?

AED 652,288 on 22 December 2021, sold by the developer: AED 1,564 per sqft for 417 sqft. It is the only registered sale of the unit.

How big is unit 504?

417 sqft (38.7 sqm): a studio on the 5th floor of a 8-storey tower completed in 2023.

What is unit 504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 504? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 504, Mag 970

Starts from the last sale price (AED 652K, 22 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 652,288
Deposit, UAE resident (20%)
AED 130,458
Deposit, non-resident (40%)
AED 260,915
Monthly over 25 years at 3.7%
AED 2,669

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