Studio · 417 sqftMag 930, District Seven · 4th floor · completed 2023

408, Mag 930

Sold prices and rental history: sold once, by the developer in January 2021, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 27 January 2026
Last soldAED 516K7 January 2021
Current rentAED 60K /yr27 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Mag 930

What is 408 worth today?

Last sold for AED 516,150 in 2021

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27 Jan 2026RentedNew contract
AED 60,000/yr12 months · AED 143 per sqft
29 Sep 2025RentedNew contract
AED 55,000/yr12 months · AED 131 per sqft
7 Jan 2021Sold by developerOff-plan
AED 516,150AED 1,238 per sqft

Source: Dubai Land Department. Updated 27 January 2026.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
4th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 516K · January 2021
Building
Mag 930

About 408, Mag 930

408 is a studio of 417 sqft on the 4th floor of Mag 930, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 7 January 2021 for AED 516,150, or AED 1,238 per sqft, in line with the AED 1,222 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 27 January 2026, is AED 60,000 a year: a gross yield of 11.6% on the 2021 price.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical studio in Mag 930
600K2020202220242026Typical sale price by year: 2020 AED 524,000; 2021 AED 514,040; 2022 AED 545,937; 2023 AED 580,000; 2024 AED 677,500; 2025 AED 747,000; 2026 AED 727,500Sold by developer, January 2021: AED 516,150 (AED 1,238 per sqft)

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

Rents
Unit 408, each contractTypical studio in Mag 930
55K60K2024202520262027Typical rent by year: 2024 AED 55,000; 2025 AED 55,000; 2026 AED 53,928New contract, September 2025: AED 55,000 a yearNew contract, January 2026: AED 60,000 a year

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

Studios in Mag 930, and where 408 sits

All 104 studios →

408 last sold in January 2021 at AED 1,238 per sqft, in line with what studios in Mag 930 were fetching at the time (AED 1,222). Over the last 12 months studios sold for AED 688,000 to 855,000, around AED 1,785 per sqft, and rent for AED 42,000 to 85,000 a year. 408's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Oct 2026688,000
2 Oct 2026725,000
27 Jul 202658,329
23 Jul 2026730,000
7 studio sales in the last 12 months

Mag 930

Building

128 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 1,785
Typical sale
AED 748K
Typical rent
AED 55K /yr
Typical yield
7.2%
Mag 930, District Seven: prices, sales and rents →

Other units on the 4th floor

All 128 units in Mag 930
Value
401StudioAED 600K · Nov 2023
402StudioAED 855K · Dec 2025
403StudioAED 499K · Jul 2021
404StudioAED 475K · Apr 2021
405StudioAED 475K · Jan 2021
406StudioAED 670K · Oct 2024
407StudioAED 516K · Mar 2021
1–7 of 15

408, Mag 930 in numbers

  • Sold once: by MAG on 7 January 2021 for AED 516,150, or AED 1,238 per sqft.
  • Rented since September 2025 on 2 Ejari contracts, from AED 55,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2021 price is 11.6%.
  • Studios in Mag 930 sold for AED 688,000–855,000 in the 12 months to November 2026; the building's median across all types is AED 1,785 per sqft.

Source: Dubai Land Department. Updated 27 January 2026.

Questions about 408, Mag 930

What did unit 408 last sell for?

AED 516,150 on 7 January 2021, sold by the developer: AED 1,238 per sqft for 417 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 60,000 a year on the contract signed on 27 January 2026. The previous contract, from September 2025, was AED 55,000.

How big is unit 408?

417 sqft (38.7 sqm): a studio on the 4th floor of a 8-storey tower completed in 2023.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Mag 930 sold for AED 688,000 to 855,000 in the last 12 months, around AED 1,785 per sqft.

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Mortgage on 408, Mag 930

Starts from the last sale price (AED 516K, 7 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 516,150
Deposit, UAE resident (20%)
AED 103,230
Deposit, non-resident (40%)
AED 206,460
Monthly over 25 years at 3.7%
AED 2,112

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