Studio · 412 sqftMag 960, District Seven · 3rd floor · completed 2023

305, Mag 960

Sold prices and rental history: sold once, by the developer in May 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 645K24 May 2022
Current rentAED 56K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Mag 960

What is 305 worth today?

Last sold for AED 645,000 in 2022

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1 Sep 2026RentedRenewal
AED 56,000/yr12 months · AED 137 per sqft
1 Sep 2025RentedNew contract
AED 56,000/yr12 months · AED 137 per sqft
24 May 2022Sold by developerOff-plan
AED 645,000AED 1,566 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
412 sqft
Floor
3rd of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 645K · May 2022
Building
Mag 960

About 305, Mag 960

305 is a studio of 412 sqft on the 3rd floor of Mag 960, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 24 May 2022 for AED 645,000, or AED 1,566 per sqft, in line with the AED 1,546 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 56,000 a year: a gross yield of 8.7% on the 2022 price.

Sales and rents for 305 over time

Sales
Unit 305, 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, May 2022: AED 645,000 (AED 1,566 per sqft)

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

Rents
Unit 305, each contractTypical studio in Mag 960
55K202520262027Typical rent by year: 2025 AED 58,840; 2026 AED 53,000New contract, September 2025: AED 56,000 a yearRenewal, September 2026: AED 56,000 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 305 sits

All 32 studios →

305 last sold in May 2022 at AED 1,566 per sqft, in line with what studios in Mag 960 were fetching at the time (AED 1,546). 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. 305's AED 56,000 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 3rd floor

All 88 units in Mag 960
Value
3011-bedAED 1.25M · Apr 2022
3022-bedAED 1.72M · May 2022
303StudioAED 645K · May 2022
304StudioAED 750K · Dec 2025
306StudioAED 630K · Apr 2022
3071-bedAED 1.52M · Jan 2024
3081-bedAED 1.2M · Jan 2024
1–7 of 10

305, Mag 960 in numbers

  • Sold once: by MAG on 24 May 2022 for AED 645,000, or AED 1,566 per sqft.
  • Rented since September 2025 on 2 Ejari contracts, at AED 56,000 a year.
  • At AED 56,000 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 1 September 2026.

Questions about 305, Mag 960

What did unit 305 last sell for?

AED 645,000 on 24 May 2022, sold by the developer: AED 1,566 per sqft for 412 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 56,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 56,000.

How big is unit 305?

412 sqft (38.3 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2023.

What is unit 305 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 305, Mag 960

Starts from the last sale price (AED 645K, 24 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 645,000
Deposit, UAE resident (20%)
AED 129,000
Deposit, non-resident (40%)
AED 258,000
Monthly over 25 years at 3.7%
AED 2,639

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