Studio · 417 sqftMag 910, District Seven · 4th floor · completed 2023

406, Mag 910

Sold prices and rental history: sold twice, last in May 2022, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 12 October 2024
Last soldAED 465K25 May 2022
Current rentAED 55K /yr12 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Mag 910

What is 406 worth today?

Last sold for AED 465,000 in 2022

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12 Oct 2024RentedNew contract
AED 55,000/yr12 months · AED 132 per sqft
25 May 2022SoldOff-plan
AED 465,000AED 1,115 per sqft
11 Oct 2020Sold by developerOff-plan
AED 427,000AED 1,024 per sqft

Source: Dubai Land Department. Updated 12 October 2024.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
4th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 465K · May 2022
Building
Mag 910

About 406, Mag 910

406 is a studio of 417 sqft on the 4th floor of Mag 910, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 25 May 2022 for AED 465,000, or AED 1,115 per sqft, in line with the AED 1,105 studios in the building were fetching at the time.

One Ejari contract is registered, from 12 October 2024. The current contract, signed on 12 October 2024, is AED 55,000 a year: a gross yield of 11.8% on the 2022 price.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical studio in Mag 910
400K600K800K20192021202320252027Typical sale price by year: 2019 AED 427,315; 2020 AED 425,000; 2021 AED 431,000; 2022 AED 470,000; 2023 AED 600,000; 2024 AED 670,000; 2025 AED 750,000; 2026 AED 690,000Sold by developer, October 2020: AED 427,000 (AED 1,024 per sqft)Sold, May 2022: AED 465,000 (AED 1,115 per sqft)

406 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 406, each contractTypical studio in Mag 910
50K55K2024202520262027Typical rent by year: 2024 AED 52,000; 2025 AED 56,000; 2026 AED 50,000New contract, October 2024: AED 55,000 a year

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

Studios in Mag 910, and where 406 sits

All 88 studios →

406 last sold in May 2022 at AED 1,115 per sqft, in line with what studios in Mag 910 were fetching at the time (AED 1,105). Over the last 12 months studios sold for AED 685,000 to 789,000, around AED 1,717 per sqft, and rent for AED 33,000 to 70,000 a year. 406's AED 55,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Aug 202628,537
27 Jul 202634,564
22 Jul 2026700,000
15 Jul 2026690,000
6 studio sales in the last 12 months

Mag 910

Building

120 apartments, studios to 1-bed over 8 floors in District Seven, completed in 2023 by MAG. 10 sold in the last 12 months.

Typical price per sqft
AED 1,653 Down 4.3%
Typical sale
AED 1.01M
Typical rent
AED 56K /yr
Typical yield
7.3%
Mag 910, District Seven: prices, sales and rents →

Other units on the 4th floor

All 120 units in Mag 910
Value
4011-bedAED 860K · Oct 2021
4021-bedAED 1.23M · Aug 2026
403StudioAED 424K · Jun 2019
404StudioAED 424K · Nov 2020
405StudioAED 655K · Dec 2021
407StudioAED 427K · Apr 2019
408StudioAED 640K · Apr 2024
1–7 of 14

406, Mag 910 in numbers

  • Sold twice: first on 11 October 2020 for AED 427,000, last on 25 May 2022 for AED 465,000 (AED 1,115 per sqft).
  • Rented since October 2024 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 11.8%.
  • Studios in Mag 910 sold for AED 685,000–789,000 in the 12 months to November 2026; the building's median across all types is AED 1,653 per sqft.

Source: Dubai Land Department. Updated 12 October 2024.

Questions about 406, Mag 910

What did unit 406 last sell for?

AED 465,000 on 25 May 2022: AED 1,115 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 427,000 in October 2020.

What is the rent for unit 406?

AED 55,000 a year on the contract signed on 12 October 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. Studios in Mag 910 sold for AED 685,000 to 789,000 in the last 12 months, around AED 1,717 per sqft.

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Mortgage on 406, Mag 910

Starts from the last sale price (AED 465K, 25 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 465,000
Deposit, UAE resident (20%)
AED 93,000
Deposit, non-resident (40%)
AED 186,000
Monthly over 25 years at 3.7%
AED 1,902

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