Studio · 417 sqftMag 920, District Seven · 3rd floor · completed 2023

306, Mag 920

Sold prices and rental history: sold once, by the developer in March 2019, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 432K13 March 2019
Current rentAED 50K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Mag 920

What is 306 worth today?

Last sold for AED 432,000 in 2019

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25 Sep 2024RentedNew contract
AED 50,000/yr12 months · AED 120 per sqft
13 Mar 2019Sold by developerOff-plan
AED 432,000AED 1,036 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
3rd of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 432K · March 2019
Building
Mag 920

About 306, Mag 920

306 is a studio of 417 sqft on the 3rd floor of Mag 920, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 13 March 2019 for AED 432,000, or AED 1,036 per sqft.

One Ejari contract is registered, from 25 September 2024. The current contract, signed on 25 September 2024, is AED 50,000 a year: a gross yield of 11.6% on the 2019 price.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical studio in Mag 920
400K600K800K20192021202320252027Typical sale price by year: 2019 AED 429,000; 2020 AED 427,158; 2021 AED 432,000; 2022 AED 520,000; 2023 AED 572,500; 2024 AED 680,000; 2025 AED 750,000; 2026 AED 790,000Sold by developer, March 2019: AED 432,000 (AED 1,036 per sqft)

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

Rents
Unit 306, each contractTypical studio in Mag 920
50K53K55K2024202520262027Typical rent by year: 2024 AED 55,000; 2025 AED 55,000; 2026 AED 53,000New contract, September 2024: AED 50,000 a year

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

Studios in Mag 920, and where 306 sits

All 72 studios →

Over the last 12 months studios sold for AED 760,000 to 800,000, around AED 1,898 per sqft, and rent for AED 42,500 to 63,000 a year. 306's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
24 Apr 2026760,000
27 Feb 2026790,000
24 Feb 2026800,000
30 Sep 2025770,000
3 studio sales in the last 12 months

Mag 920

Building

112 apartments, studios to 1-bed over 8 floors in District Seven, completed in 2023 by MAG. 7 sold in the last 12 months.

Typical price per sqft
AED 1,755
Typical sale
AED 1M
Typical rent
AED 68K /yr
Typical yield
5.8%
Mag 920, District Seven: prices, sales and rents →

Other units on the 3rd floor

All 112 units in Mag 920
Value
3011-bedAED 925K · Sep 2021
3021-bedAED 1.14M · May 2022
303StudioAED 423K · May 2019
304StudioAED 425K · Jun 2020
305StudioAED 425K · May 2019
307StudioAED 441K · Sep 2019
308StudioAED 421K · Sep 2019
1–7 of 13

306, Mag 920 in numbers

  • Sold once: by MAG on 13 March 2019 for AED 432,000, or AED 1,036 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2019 price is 11.6%.
  • Studios in Mag 920 sold for AED 760,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 1,755 per sqft.

Source: Dubai Land Department. Updated 25 September 2024.

Questions about 306, Mag 920

What did unit 306 last sell for?

AED 432,000 on 13 March 2019, sold by the developer: AED 1,036 per sqft for 417 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 50,000 a year on the contract signed on 25 September 2024.

How big is unit 306?

417 sqft (38.7 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2023.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Mag 920 sold for AED 760,000 to 800,000 in the last 12 months, around AED 1,898 per sqft.

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Mortgage on 306, Mag 920

Starts from the last sale price (AED 432K, 13 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 432,000
Deposit, UAE resident (20%)
AED 86,400
Deposit, non-resident (40%)
AED 172,800
Monthly over 25 years at 3.7%
AED 1,767

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