1-bed · 909 sqftMag 960, District Seven · 1st floor · completed 2023

111, Mag 960

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

Unit 111 · DLD and Ejari recordsUpdated 20 June 2024
Last soldAED 1.27M20 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Mag 960

What is 111 worth today?

Last sold for AED 1,268,492 in 2024

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20 Jun 2024SoldOff-plan
AED 1,268,492AED 1,395 per sqft
28 Mar 2023Sold by developerOff-plan
AED 1,268,492AED 1,395 per sqft

Source: Dubai Land Department. Updated 20 June 2024.

Key facts

Type
1-bed apartment
Size
909 sqft
Floor
1st of 8
Parking
G-46
Developer
MAG
Completed
2023
Last sold
AED 1.27M · June 2024
Building
Mag 960

About 111, Mag 960

111 is a one-bedroom apartment of 909 sqft on the 1st floor of Mag 960, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 20 June 2024 for AED 1,268,492, or AED 1,395 per sqft, 4% below the AED 1,451 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical one-bed in Mag 960
1.2M1.4M202220242026Typical sale price by year: 2022 AED 1,199,486; 2023 AED 1,260,000; 2024 AED 1,234,246; 2025 AED 1,370,000; 2026 AED 1,428,300Sold by developer, March 2023: AED 1,268,492 (AED 1,395 per sqft)Sold, June 2024: AED 1,268,492 (AED 1,395 per sqft)

111 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 111, each contractTypical one-bed in Mag 960
80K85K90K2024202520262027Typical rent by year: 2024 AED 80,000; 2025 AED 90,000; 2026 AED 80,000

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

1-beds in Mag 960, and where 111 sits

All 48 1-beds →

111 last sold in June 2024 at AED 1,395 per sqft, 4% below what one-beds in Mag 960 were fetching at the time (AED 1,451). Over the last 12 months one-beds sold for AED 1,215,000 to 1,550,000, around AED 1,754 per sqft, and rent for AED 65,000 to 200,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Oct 20261,215,000
21 Sep 20261,356,600
29 Jan 20261,500,000
16 Jan 20261,550,000
5 1-bed 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
103StudioAED 629K · Feb 2022
104StudioAED 629K · Apr 2022
105StudioAED 629K · Nov 2022
106StudioAED 650K · Dec 2024
1071-bedAED 1.16M · Jul 2022
1–7 of 10

111, Mag 960 in numbers

  • Sold twice: first on 28 March 2023 for AED 1,268,492, last on 20 June 2024 for AED 1,268,492 (AED 1,395 per sqft).
  • One-beds in Mag 960 sold for AED 1,215,000–1,550,000 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 20 June 2024.

Questions about 111, Mag 960

What did unit 111 last sell for?

AED 1,268,492 on 20 June 2024: AED 1,395 per sqft for 909 sqft. The unit has 2 registered sales; the first was AED 1,268,492 in March 2023.

How big is unit 111?

909 sqft (84.4 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2023.

What is unit 111 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mag 960 sold for AED 1,215,000 to 1,550,000 in the last 12 months, around AED 1,754 per sqft.

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Mortgage on 111, Mag 960

Starts from the last sale price (AED 1.27M, 20 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,268,492
Deposit, UAE resident (20%)
AED 253,698
Deposit, non-resident (40%)
AED 507,397
Monthly over 25 years at 3.7%
AED 5,190

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