Studio · 397 sqftMag 920, District Seven · 4th floor · completed 2023

409, Mag 920

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

Unit 409 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 410K27 June 2019
Current rentAED 55K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Mag 920

What is 409 worth today?

Last sold for AED 410,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Dec 2024RentedNew contract
AED 55,000/yr12 months · AED 139 per sqft
27 Jun 2019Sold by developerOff-plan
AED 410,000AED 1,033 per sqft

Source: Dubai Land Department. Updated 15 December 2024.

Key facts

Type
Studio apartment
Size
397 sqft
Floor
4th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 410K · June 2019
Building
Mag 920

About 409, Mag 920

409 is a studio of 397 sqft on the 4th floor of Mag 920, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 27 June 2019 for AED 410,000, or AED 1,033 per sqft, in line with the AED 1,030 studios in the building were fetching at the time.

One Ejari contract is registered, from 15 December 2024. The current contract, signed on 15 December 2024, is AED 55,000 a year: a gross yield of 13.4% on the 2019 price.

Sales and rents for 409 over time

Sales
Unit 409, 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, June 2019: AED 410,000 (AED 1,033 per sqft)

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

Rents
Unit 409, each contractTypical studio in Mag 920
53K54K55K2024202520262027Typical rent by year: 2024 AED 55,000; 2025 AED 55,000; 2026 AED 53,000New contract, December 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 920, and where 409 sits

All 72 studios →

409 last sold in June 2019 at AED 1,033 per sqft, in line with what studios in Mag 920 were fetching at the time (AED 1,030). 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. 409's AED 55,000 is in the upper 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 69K /yr
Typical yield
5.7%
Mag 920, District Seven: prices, sales and rents →

Other units on the 4th floor

All 112 units in Mag 920
Value
4011-bedAED 894K · Nov 2024
4021-bedAED 842K · Sep 2021
403StudioAED 425K · Jun 2019
404StudioAED 490K · Nov 2022
405StudioAED 423K · Nov 2019
406StudioAED 427K · Jul 2020
407StudioAED 655K · May 2024
1–7 of 13

409, Mag 920 in numbers

  • Sold once: by MAG on 27 June 2019 for AED 410,000, or AED 1,033 per sqft.
  • Rented since December 2024 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2019 price is 13.4%.
  • 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 15 December 2024.

Questions about 409, Mag 920

What did unit 409 last sell for?

AED 410,000 on 27 June 2019, sold by the developer: AED 1,033 per sqft for 397 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 55,000 a year on the contract signed on 15 December 2024.

How big is unit 409?

397 sqft (36.9 sqm): a studio on the 4th floor of a 8-storey tower completed in 2023.

What is unit 409 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.

Selling 409? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 409, Mag 920

Starts from the last sale price (AED 410K, 27 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

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