Studio · 411 sqftMag 960, District Seven · 1st floor · completed 2023

103, Mag 960

Sold prices and rental history: sold once, by the developer in February 2022, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 3 January 2026
Last soldAED 629K23 February 2022
Current rentAED 55K /yr3 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Mag 960

What is 103 worth today?

Last sold for AED 629,395 in 2022

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3 Jan 2026RentedRenewal
AED 55,000/yr12 months · AED 134 per sqft
23 Feb 2022Sold by developerOff-plan
AED 629,395AED 1,530 per sqft

Source: Dubai Land Department. Updated 3 January 2026.

Key facts

Type
Studio apartment
Size
411 sqft
Floor
1st of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 629K · February 2022
Building
Mag 960

About 103, Mag 960

103 is a studio of 411 sqft on the 1st floor of Mag 960, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 23 February 2022 for AED 629,395, or AED 1,530 per sqft, in line with the AED 1,536 studios in the building were fetching at the time.

One Ejari contract is registered, from 3 January 2026. The current contract, renewed on 3 January 2026, is AED 55,000 a year: a gross yield of 8.7% on the 2022 price.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical studio in Mag 960
700K202220242026Typical sale price by year: 2022 AED 636,763; 2025 AED 750,000; 2026 AED 680,000Sold by developer, February 2022: AED 629,395 (AED 1,530 per sqft)

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

Rents
Unit 103, each contractTypical studio in Mag 960
55K202520262027Typical rent by year: 2025 AED 58,840; 2026 AED 53,000Renewal, January 2026: 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 960, and where 103 sits

All 32 studios →

103 last sold in February 2022 at AED 1,530 per sqft, in line with what studios in Mag 960 were fetching at the time (AED 1,536). Over the last 12 months studios sold for AED 610,000 to 790,000, around AED 1,775 per sqft, and rent for AED 40,000 to 78,000 a year. 103's AED 55,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Jul 2026680,000
20 Feb 2026790,000
18 Feb 2026610,000
23 Dec 2025750,000
5 studio sales in the last 12 months

Mag 960

Building

88 apartments, studios to 2-bed over 8 floors in District Seven, completed in 2023 by MAG. 10 sold in the last 12 months.

Typical price per sqft
AED 1,765 Up 1.8%
Typical sale
AED 1M
Typical rent
AED 71K /yr
Typical yield
6.4%
Mag 960, District Seven: prices, sales and rents →

Other units on the 1st floor

All 88 units in Mag 960
Value
1011-bedAED 1.28M · Nov 2022
1022-bedAED 2.2M · Nov 2024
104StudioAED 629K · Apr 2022
105StudioAED 629K · Nov 2022
106StudioAED 650K · Dec 2024
1071-bedAED 1.16M · Jul 2022
1081-bedAED 1.18M · Mar 2023
1–7 of 10

103, Mag 960 in numbers

  • Sold once: by MAG on 23 February 2022 for AED 629,395, or AED 1,530 per sqft.
  • Rented since January 2026 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 8.7%.
  • Studios in Mag 960 sold for AED 610,000–790,000 in the 12 months to November 2026; the building's median across all types is AED 1,765 per sqft.

Source: Dubai Land Department. Updated 3 January 2026.

Questions about 103, Mag 960

What did unit 103 last sell for?

AED 629,395 on 23 February 2022, sold by the developer: AED 1,530 per sqft for 411 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 55,000 a year on the contract renewed on 3 January 2026.

How big is unit 103?

411 sqft (38.2 sqm): a studio on the 1st floor of a 8-storey tower completed in 2023.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Mag 960 sold for AED 610,000 to 790,000 in the last 12 months, around AED 1,775 per sqft.

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Mortgage on 103, Mag 960

Starts from the last sale price (AED 629K, 23 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 629,395
Deposit, UAE resident (20%)
AED 125,879
Deposit, non-resident (40%)
AED 251,758
Monthly over 25 years at 3.7%
AED 2,575

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