Studio · 415 sqftMag 900, District Seven · 4th floor · completed 2023

403, Mag 900

Sold prices and rental history: sold 3 times, last in August 2024, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 22 December 2024
Last soldAED 685K15 August 2024
Current rentAED 53K /yr22 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Mag 900

What is 403 worth today?

Last sold for AED 685,000 in 2024

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22 Dec 2024RentedNew contract
AED 53,296/yr12 months · AED 129 per sqft
15 Aug 2024SoldOff-plan
AED 685,000AED 1,652 per sqft
25 Aug 2023SoldOff-plan
AED 550,000AED 1,326 per sqft
7 Jun 2020Sold by developerOff-plan
AED 429,475AED 1,036 per sqft

Source: Dubai Land Department. Updated 22 December 2024.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
4th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 685K · August 2024
Building
Mag 900

About 403, Mag 900

403 is a studio of 415 sqft on the 4th floor of Mag 900, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 15 August 2024 for AED 685,000, or AED 1,652 per sqft, 4% above the AED 1,583 studios in the building were fetching at the time.

One Ejari contract is registered, from 22 December 2024. The current contract, signed on 22 December 2024, is AED 53,296 a year: a gross yield of 7.8% on the 2024 price.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical studio in Mag 900
400K600K2019202120232025Typical sale price by year: 2019 AED 437,500; 2020 AED 443,153; 2021 AED 470,200; 2022 AED 465,000; 2023 AED 550,000; 2024 AED 660,000; 2025 AED 730,000Sold by developer, June 2020: AED 429,475 (AED 1,036 per sqft)Sold, August 2023: AED 550,000 (AED 1,326 per sqft)Sold, August 2024: AED 685,000 (AED 1,652 per sqft)

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

Rents
Unit 403, each contractTypical studio in Mag 900
53K54K55K2024202520262027Typical rent by year: 2024 AED 53,000; 2025 AED 55,000; 2026 AED 55,000New contract, December 2024: AED 53,296 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Mag 900, and where 403 sits

All 72 studios →

403 last sold in August 2024 at AED 1,652 per sqft, 4% above what studios in Mag 900 were fetching at the time (AED 1,583). Over the last 12 months studios sold for AED 725,000, around AED 1,756 per sqft, and rent for AED 40,000 to 66,000 a year. 403's AED 53,296 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
24 Nov 2025725,000
31 Oct 2025313,949
1 Oct 2025780,000
8 Sep 2025790,000
1 studio sale in the last 12 months

Mag 900

Building

112 apartments, studios to 1-bed over 8 floors in District Seven, completed in 2023 by MAG. 5 sold in the last 12 months.

Typical price per sqft
AED 1,756
Typical sale
AED 1.21M
Typical rent
AED 80K /yr
Typical yield
6.1%
Mag 900, District Seven: prices, sales and rents →

Other units on the 4th floor

All 112 units in Mag 900
Value
4011-bedAED 1.41M · Oct 2024
4021-bedAED 926K · Feb 2022
404StudioAED 880K · Feb 2025
405StudioAED 725K · Nov 2025
406StudioAED 581K · Apr 2025
407StudioAED 516K · Nov 2019
408StudioAED 401K · Apr 2019
1–7 of 13

403, Mag 900 in numbers

  • Sold 3 times: first on 7 June 2020 for AED 429,475, last on 15 August 2024 for AED 685,000 (AED 1,652 per sqft).
  • Rented since December 2024 on one Ejari contract, at AED 53,296 a year.
  • At AED 53,296 a year the gross yield on the 2024 price is 7.8%.
  • Studios in Mag 900 sold for AED 725,000–725,000 in the 12 months to November 2026; the building's median across all types is AED 1,756 per sqft.

Source: Dubai Land Department. Updated 22 December 2024.

Questions about 403, Mag 900

What did unit 403 last sell for?

AED 685,000 on 15 August 2024: AED 1,652 per sqft for 415 sqft. The unit has 3 registered sales; the first was AED 429,475 in June 2020.

What is the rent for unit 403?

AED 53,296 a year on the contract signed on 22 December 2024.

How big is unit 403?

415 sqft (38.6 sqm): a studio on the 4th floor of a 8-storey tower completed in 2023.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Mag 900 sold for AED 725,000 to 725,000 in the last 12 months, around AED 1,756 per sqft.

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Mortgage on 403, Mag 900

Starts from the last sale price (AED 685K, 15 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 685,000
Deposit, UAE resident (20%)
AED 137,000
Deposit, non-resident (40%)
AED 274,000
Monthly over 25 years at 3.7%
AED 2,803

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