1-bed · 893 sqftMag 960, District Seven · 4th floor · completed 2023

401, Mag 960

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

Unit 401 · DLD and Ejari recordsUpdated 6 September 2026
Last soldAED 1.32M15 March 2022
Current rentAED 75K /yr6 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Mag 960

What is 401 worth today?

Last sold for AED 1,320,000 in 2022

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6 Sep 2026RentedNew contract
AED 75,000/yr12 months · AED 84 per sqft
15 Mar 2022Sold by developerOff-plan
AED 1,320,000AED 1,477 per sqft

Source: Dubai Land Department. Updated 6 September 2026.

Key facts

Type
1-bed apartment
Size
893 sqft
Floor
4th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 1.32M · March 2022
Building
Mag 960

About 401, Mag 960

401 is a one-bedroom apartment of 893 sqft on the 4th floor of Mag 960, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 15 March 2022 for AED 1,320,000, or AED 1,477 per sqft, in line with the AED 1,456 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 6 September 2026. The current contract, signed on 6 September 2026, is AED 75,000 a year: a gross yield of 5.7% on the 2022 price.

Sales and rents for 401 over time

Sales
Unit 401, 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 2022: AED 1,320,000 (AED 1,477 per sqft)

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

Rents
Unit 401, each contractTypical one-bed in Mag 960
80K90K2024202520262027Typical rent by year: 2024 AED 80,000; 2025 AED 90,000; 2026 AED 80,000New contract, September 2026: AED 75,000 a year

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 401 sits

All 48 1-beds →

401 last sold in March 2022 at AED 1,477 per sqft, in line with what one-beds in Mag 960 were fetching at the time (AED 1,456). 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. 401's AED 75,000 is in the lower half of that range.

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 4th floor

All 88 units in Mag 960
Value
4022-bedAED 2.03M · May 2025
403StudioAED 665K · Feb 2025
404StudioAED 790K · Feb 2026
405StudioAED 780K · Jul 2025
406StudioAED 636K · Feb 2022
4071-bedAED 1.35M · Apr 2025
4081-bedAED 1.16M · May 2022
1–7 of 10

401, Mag 960 in numbers

  • Sold once: by MAG on 15 March 2022 for AED 1,320,000, or AED 1,477 per sqft.
  • Rented since September 2026 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 5.7%.
  • 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 6 September 2026.

Questions about 401, Mag 960

What did unit 401 last sell for?

AED 1,320,000 on 15 March 2022, sold by the developer: AED 1,477 per sqft for 893 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 75,000 a year on the contract signed on 6 September 2026.

How big is unit 401?

893 sqft (83.0 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2023.

What is unit 401 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 401, Mag 960

Starts from the last sale price (AED 1.32M, 15 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,320,000
Deposit, UAE resident (20%)
AED 264,000
Deposit, non-resident (40%)
AED 528,000
Monthly over 25 years at 3.7%
AED 5,401

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