407, Mag 920
Sold prices and rental history: sold 4 times, last in May 2024, and rented once, from January 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Mag 920
What is 407 worth today?
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Source: Dubai Land Department. Updated 1 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 417 sqft
- Floor
- 4th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 655K · May 2024
- Building
- Mag 920
About 407, Mag 920
407 is a studio of 417 sqft on the 4th floor of Mag 920, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 7 May 2024 for AED 655,000, or AED 1,571 per sqft, 5% above the AED 1,493 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 January 2025. The current contract, signed on 1 January 2025, is AED 60,000 a year: a gross yield of 9.2% on the 2024 price.
Sales and rents for 407 over time
407 has sold 4 times; the dashed line is the studio median of each year in the building.
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 407 sits
All 72 studios →407 last sold in May 2024 at AED 1,571 per sqft, 5% above what studios in Mag 920 were fetching at the time (AED 1,493). 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. 407's AED 60,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Apr 202624 April 2026 | 412 sqft | 760,000 | 1,846 | ||
| 27 Feb 202627 February 2026 | 416 sqft | 790,000 | 1,898 | ||
| 24 Feb 202624 February 2026 | 394 sqft | 800,000 | 2,028 | ||
| 30 Sep 202530 September 2025 | 414 sqft | 770,000 | 1,858 |
Mag 920
Building112 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%
Other units on the 4th floor
All 112 units in Mag 920| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 857 sqft | AED 894KAED 894,380 · Nov 2024November 2024 | ||
| 402 | 1-bed | 869 sqft | AED 842KAED 841,500 · Sep 2021September 2021 | 70,000 /yr | |
| 403 | Studio | 415 sqft | AED 425KAED 425,000 · Jun 2019June 2019 | ||
| 404 | Studio | 417 sqft | AED 490KAED 490,000 · Nov 2022November 2022 | 56,000 /yr | |
| 405 | Studio | 417 sqft | AED 423KAED 422,956 · Nov 2019November 2019 | 55,000 /yr | |
| 406 | Studio | 417 sqft | AED 427KAED 427,000 · Jul 2020July 2020 | ||
| 408 | Studio | 397 sqft | AED 410KAED 410,000 · Jun 2019June 2019 | ||
| 409 | Studio | 397 sqft | AED 410KAED 410,000 · Jun 2019June 2019 | 55,000 /yr | |
| 410 | 1-bed | 802 sqft | AED 1MAED 1,000,000 · Apr 2026April 2026 | 50,000 /yr | |
| 411 | 1-bed | 752 sqft | AED 888KAED 888,000 · Dec 2020December 2020 | 75,000 /yr | |
| 412 | 1-bed | 796 sqft | AED 819KAED 818,975 · Aug 2021August 2021 | ||
| 413 | Studio | 416 sqft | AED 687KAED 686,702 · Mar 2024March 2024 | ||
| 414 | Studio | 418 sqft | AED 431KAED 431,332 · Jun 2019June 2019 | 53,000 /yr |
407, Mag 920 in numbers
- Sold 4 times: first on 27 June 2019 for AED 427,315, last on 7 May 2024 for AED 655,000 (AED 1,571 per sqft).
- Rented since January 2025 on one Ejari contract, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2024 price is 9.2%.
- 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 1 January 2025.
Questions about 407, Mag 920
What did unit 407 last sell for?
AED 655,000 on 7 May 2024: AED 1,571 per sqft for 417 sqft. The unit has 4 registered sales; the first was AED 427,315 in June 2019.
What is the rent for unit 407?
AED 60,000 a year on the contract signed on 1 January 2025.
How big is unit 407?
417 sqft (38.7 sqm): a studio on the 4th floor of a 8-storey tower completed in 2023.
What is unit 407 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 407, Mag 920
Starts from the last sale price (AED 655K, 7 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 655,000
- Deposit, UAE resident (20%)
- AED 131,000
- Deposit, non-resident (40%)
- AED 262,000
- Monthly over 25 years at 3.7%
- AED 2,680
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →