1-bed · 796 sqftMag 920, District Seven · 3rd floor · completed 2023

312, Mag 920

Sold prices and rental history: sold once, by the developer in October 2020, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 807K6 October 2020
Current rentAED 85K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Mag 920

What is 312 worth today?

Last sold for AED 806,990 in 2020

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20 Oct 2024RentedNew contract
AED 85,000/yr12 months · AED 107 per sqft
6 Oct 2020Sold by developerOff-plan
AED 806,990AED 1,014 per sqft

Source: Dubai Land Department. Updated 20 October 2024.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
3rd of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 807K · October 2020
Building
Mag 920

About 312, Mag 920

312 is a one-bedroom apartment of 796 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 6 October 2020 for AED 806,990, or AED 1,014 per sqft, in line with the AED 1,014 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 October 2024. The current contract, signed on 20 October 2024, is AED 85,000 a year: a gross yield of 10.5% on the 2020 price.

Sales and rents for 312 over time

Sales
Unit 312, each saleTypical one-bed in Mag 920
750K1M1.25M2020202220242026Typical sale price by year: 2020 AED 888,000; 2021 AED 888,000; 2022 AED 1,081,450; 2024 AED 1,000,000; 2025 AED 1,280,000; 2026 AED 1,150,000Sold by developer, October 2020: AED 806,990 (AED 1,014 per sqft)

312 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 312, each contractTypical one-bed in Mag 920
80K83K85K2024202520262027Typical rent by year: 2024 AED 83,239; 2025 AED 83,000; 2026 AED 80,000New contract, October 2024: AED 85,000 a year

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

1-beds in Mag 920, and where 312 sits

All 40 1-beds →

312 last sold in October 2020 at AED 1,014 per sqft, in line with what one-beds in Mag 920 were fetching at the time (AED 1,014). Over the last 12 months one-beds sold for AED 1,000,000 to 1,505,000, around AED 1,463 per sqft, and rent for AED 50,000 to 90,000 a year. 312's AED 85,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Jul 20261,150,000
30 Apr 20261,000,000
4 Feb 20261,505,000
10 Dec 20251,230,000
4 1-bed 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 69K /yr
Typical yield
5.7%
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
306StudioAED 432K · Mar 2019
307StudioAED 441K · Sep 2019
1–7 of 13

312, Mag 920 in numbers

  • Sold once: by MAG on 6 October 2020 for AED 806,990, or AED 1,014 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2020 price is 10.5%.
  • One-beds in Mag 920 sold for AED 1,000,000–1,505,000 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 20 October 2024.

Questions about 312, Mag 920

What did unit 312 last sell for?

AED 806,990 on 6 October 2020, sold by the developer: AED 1,014 per sqft for 796 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 85,000 a year on the contract signed on 20 October 2024.

How big is unit 312?

796 sqft (74.0 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2023.

What is unit 312 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mag 920 sold for AED 1,000,000 to 1,505,000 in the last 12 months, around AED 1,463 per sqft.

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Mortgage on 312, Mag 920

Starts from the last sale price (AED 807K, 6 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 806,990
Deposit, UAE resident (20%)
AED 161,398
Deposit, non-resident (40%)
AED 322,796
Monthly over 25 years at 3.7%
AED 3,302

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