Studio · 396 sqftMag 910, District Seven · 7th floor · completed 2023

708, Mag 910

Sold prices and rental history: sold 3 times, last in May 2023, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 28 November 2024
Last soldAED 570K11 May 2023
Current rentAED 51K /yr28 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Mag 910

What is 708 worth today?

Last sold for AED 570,000 in 2023

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28 Nov 2024RentedNew contract
AED 51,000/yr12 months · AED 129 per sqft
11 May 2023SoldOff-plan
AED 570,000AED 1,440 per sqft
8 May 2023SoldOff-plan
AED 520,000AED 1,313 per sqft
27 Dec 2020Sold by developerOff-plan
AED 429,884AED 1,086 per sqft

Source: Dubai Land Department. Updated 28 November 2024.

Key facts

Type
Studio apartment
Size
396 sqft
Floor
7th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 570K · May 2023
Building
Mag 910

About 708, Mag 910

708 is a studio of 396 sqft on the 7th floor of Mag 910, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 11 May 2023 for AED 570,000, or AED 1,440 per sqft, 12% above the AED 1,287 studios in the building were fetching at the time.

One Ejari contract is registered, from 28 November 2024. The current contract, signed on 28 November 2024, is AED 51,000 a year: a gross yield of 8.9% on the 2023 price.

Sales and rents for 708 over time

Sales
Unit 708, 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, December 2020: AED 429,884 (AED 1,086 per sqft)Sold, May 2023: AED 570,000 (AED 1,440 per sqft)Sold, May 2023: AED 520,000 (AED 1,313 per sqft)

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

Rents
Unit 708, each contractTypical studio in Mag 910
50K55K2024202520262027Typical rent by year: 2024 AED 52,000; 2025 AED 56,000; 2026 AED 50,000New contract, November 2024: AED 51,000 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 708 sits

All 88 studios →

708 last sold in May 2023 at AED 1,440 per sqft, 12% above what studios in Mag 910 were fetching at the time (AED 1,287). 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. 708's AED 51,000 is in the lower 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 7th floor

All 120 units in Mag 910
Value
7011-bedAED 1.35M · Nov 2024
7021-bedAED 839K · Jul 2021
703StudioAED 431K · Oct 2020
704StudioAED 429K · Apr 2019
705StudioAED 432K · Dec 2021
706StudioAED 433K · Jun 2019
707StudioAED 427K · Jul 2019
1–7 of 14

708, Mag 910 in numbers

  • Sold 3 times: first on 27 December 2020 for AED 429,884, last on 11 May 2023 for AED 570,000 (AED 1,440 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 51,000 a year.
  • At AED 51,000 a year the gross yield on the 2023 price is 8.9%.
  • 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 28 November 2024.

Questions about 708, Mag 910

What did unit 708 last sell for?

AED 570,000 on 11 May 2023: AED 1,440 per sqft for 396 sqft. The unit has 3 registered sales; the first was AED 429,884 in December 2020.

What is the rent for unit 708?

AED 51,000 a year on the contract signed on 28 November 2024.

How big is unit 708?

396 sqft (36.8 sqm): a studio on the 7th floor of a 8-storey tower completed in 2023.

What is unit 708 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 708, Mag 910

Starts from the last sale price (AED 570K, 11 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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