Studio · 411 sqftMag 960, District Seven · 4th floor · completed 2023

406, Mag 960

Sold prices and rental history: sold once, by the developer in February 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 23 February 2022
Last soldAED 636K23 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Mag 960

What is 406 worth today?

Last sold for AED 635,710 in 2022

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23 Feb 2022Sold by developerOff-plan
AED 635,710AED 1,546 per sqft

Source: Dubai Land Department. Updated 23 February 2022.

Key facts

Type
Studio apartment
Size
411 sqft
Floor
4th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 636K · February 2022
Building
Mag 960

About 406, Mag 960

406 is a studio of 411 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 23 February 2022 for AED 635,710, or AED 1,546 per sqft, in line with the AED 1,536 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 406 over time

Sales
Unit 406, 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 635,710 (AED 1,546 per sqft)

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

Rents
Unit 406, each contractTypical studio in Mag 960
55K202520262027Typical rent by year: 2025 AED 58,840; 2026 AED 53,000

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 406 sits

All 32 studios →

406 last sold in February 2022 at AED 1,546 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.

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 4th floor

All 88 units in Mag 960
Value
4011-bedAED 1.32M · Mar 2022
4022-bedAED 2.03M · May 2025
403StudioAED 665K · Feb 2025
404StudioAED 790K · Feb 2026
405StudioAED 780K · Jul 2025
4071-bedAED 1.35M · Apr 2025
4081-bedAED 1.16M · May 2022
1–7 of 10

406, Mag 960 in numbers

  • Sold once: by MAG on 23 February 2022 for AED 635,710, or AED 1,546 per sqft.
  • 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 23 February 2022.

Questions about 406, Mag 960

What did unit 406 last sell for?

AED 635,710 on 23 February 2022, sold by the developer: AED 1,546 per sqft for 411 sqft. It is the only registered sale of the unit.

How big is unit 406?

411 sqft (38.2 sqm): a studio on the 4th floor of a 8-storey tower completed in 2023.

What is unit 406 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 406, Mag 960

Starts from the last sale price (AED 636K, 23 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 635,710
Deposit, UAE resident (20%)
AED 127,142
Deposit, non-resident (40%)
AED 254,284
Monthly over 25 years at 3.7%
AED 2,601

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