Studio · 411 sqftMag 960, District Seven · 3rd floor · completed 2023

306, Mag 960

Sold prices and rental history: sold once, by the developer in April 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 18 December 2025
Last soldAED 630K22 April 2022
Current rentAED 58K /yr18 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Mag 960

What is 306 worth today?

Last sold for AED 630,000 in 2022

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18 Dec 2025RentedRenewal
AED 58,000/yr12 months · AED 142 per sqft
18 Dec 2024RentedNew contract
AED 55,000/yr12 months · AED 134 per sqft
22 Apr 2022Sold by developerOff-plan
AED 630,000AED 1,532 per sqft

Source: Dubai Land Department. Updated 18 December 2025.

Key facts

Type
Studio apartment
Size
411 sqft
Floor
3rd of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 630K · April 2022
Building
Mag 960

About 306, Mag 960

306 is a studio of 411 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 22 April 2022 for AED 630,000, or AED 1,532 per sqft, in line with the AED 1,534 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 18 December 2025, is AED 58,000 a year: a gross yield of 9.2% on the 2022 price.

Sales and rents for 306 over time

Sales
Unit 306, 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, April 2022: AED 630,000 (AED 1,532 per sqft)

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

Rents
Unit 306, each contractTypical studio in Mag 960
55K2024202520262027Typical rent by year: 2025 AED 58,840; 2026 AED 53,000New contract, December 2024: AED 55,000 a yearRenewal, December 2025: AED 58,000 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 306 sits

All 32 studios →

306 last sold in April 2022 at AED 1,532 per sqft, in line with what studios in Mag 960 were fetching at the time (AED 1,534). 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. 306's AED 58,000 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
305StudioAED 645K · May 2022
3071-bedAED 1.52M · Jan 2024
3081-bedAED 1.2M · Jan 2024
1–7 of 10

306, Mag 960 in numbers

  • Sold once: by MAG on 22 April 2022 for AED 630,000, or AED 1,532 per sqft.
  • Rented since December 2024 on 2 Ejari contracts, from AED 55,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2022 price is 9.2%.
  • 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 18 December 2025.

Questions about 306, Mag 960

What did unit 306 last sell for?

AED 630,000 on 22 April 2022, sold by the developer: AED 1,532 per sqft for 411 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 58,000 a year on the contract renewed on 18 December 2025. The previous contract, from December 2024, was AED 55,000.

How big is unit 306?

411 sqft (38.2 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2023.

What is unit 306 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 306, Mag 960

Starts from the last sale price (AED 630K, 22 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

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