Studio · 415 sqftMag 920, District Seven · 5th floor · completed 2023

503, Mag 920

Sold prices and rental history: sold twice, last in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 23 April 2024
Last soldAED 490K23 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Mag 920

What is 503 worth today?

Last sold for AED 490,000 in 2024

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23 Apr 2024SoldOff-plan
AED 490,000AED 1,182 per sqft
21 Jul 2019Sold by developerOff-plan
AED 427,380AED 1,031 per sqft

Source: Dubai Land Department. Updated 23 April 2024.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
5th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 490K · April 2024
Building
Mag 920

About 503, Mag 920

503 is a studio of 415 sqft on the 5th floor of Mag 920, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 23 April 2024 for AED 490,000, or AED 1,182 per sqft, 18% below the AED 1,436 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, 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, July 2019: AED 427,380 (AED 1,031 per sqft)Sold, April 2024: AED 490,000 (AED 1,182 per sqft)

503 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 503, each contractTypical studio in Mag 920
53K54K55K2024202520262027Typical rent by year: 2024 AED 55,000; 2025 AED 55,000; 2026 AED 53,000

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 503 sits

All 72 studios →

503 last sold in April 2024 at AED 1,182 per sqft, 18% below what studios in Mag 920 were fetching at the time (AED 1,436). 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.

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 5th floor

All 112 units in Mag 920
Value
5011-bedAED 911K · Jul 2019
5021-bedAED 889K · Dec 2021
504StudioAED 770K · Sep 2025
505StudioAED 425K · Oct 2020
506StudioAED 429K · Apr 2019
507StudioAED 429K · Jan 2023
508StudioAED 500K · Jan 2025
1–7 of 13

503, Mag 920 in numbers

  • Sold twice: first on 21 July 2019 for AED 427,380, last on 23 April 2024 for AED 490,000 (AED 1,182 per sqft).
  • 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 23 April 2024.

Questions about 503, Mag 920

What did unit 503 last sell for?

AED 490,000 on 23 April 2024: AED 1,182 per sqft for 415 sqft. The unit has 2 registered sales; the first was AED 427,380 in July 2019.

How big is unit 503?

415 sqft (38.6 sqm): a studio on the 5th floor of a 8-storey tower completed in 2023.

What is unit 503 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 503, Mag 920

Starts from the last sale price (AED 490K, 23 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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