408, 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.
Property timeline for 408, Mag 960
What is 408 worth today?
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Source: Dubai Land Department. Updated 26 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 796 sqft
- Floor
- 4th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 1.16M · May 2022
- Building
- Mag 960
About 408, Mag 960
408 is a one-bedroom apartment of 796 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 24 May 2022 for AED 1,157,738, or AED 1,454 per sqft, in line with the AED 1,463 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 26 September 2026, is AED 85,500 a year: a gross yield of 7.4% on the 2022 price.
Sales and rents for 408 over time
408 has sold once; the dashed line is the one-bed median of each year in the building.
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 408 sits
All 48 1-beds →408 last sold in May 2022 at AED 1,454 per sqft, in line with what one-beds in Mag 960 were fetching at the time (AED 1,463). 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. 408's AED 85,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 746 sqft | 1,215,000 | 1,629 | ||
| 21 Sep 202621 September 2026 | 836 sqft | 1,356,600 | 1,622 | ||
| 29 Jan 202629 January 2026 | 787 sqft | 1,500,000 | 1,906 | ||
| 16 Jan 202616 January 2026 | 836 sqft | 1,550,000 | 1,853 |
Mag 960
Building88 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%
Other units on the 4th floor
All 88 units in Mag 960| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 893 sqft | AED 1.32MAED 1,320,000 · Mar 2022March 2022 | 75,000 /yr | |
| 402 | 2-bed | 1,268 sqft | AED 2.03MAED 2,025,000 · May 2025May 2025 | 125,000 /yr | |
| 403 | Studio | 411 sqft | AED 665KAED 665,000 · Feb 2025February 2025 | 78,000 /yr | |
| 404 | Studio | 411 sqft | AED 790KAED 790,000 · Feb 2026February 2026 | 45,000 /yr | |
| 405 | Studio | 411 sqft | AED 780KAED 780,000 · Jul 2025July 2025 | 44,000 /yr | |
| 406 | Studio | 411 sqft | AED 636KAED 635,710 · Feb 2022February 2022 | ||
| 407 | 1-bed | 793 sqft | AED 1.35MAED 1,350,000 · Apr 2025April 2025 | ||
| 409 | 1-bed | 746 sqft | AED 1.22MAED 1,215,000 · Oct 2026October 2026 | 80,000 /yr | |
| 410 | 1-bed | 787 sqft | AED 1.13MAED 1,127,000 · Feb 2022February 2022 | 87,273 /yr | |
| 411 | 1-bed | 834 sqft | AED 1.27MAED 1,268,492 · Jul 2022July 2022 | 93,000 /yr |
408, Mag 960 in numbers
- Sold once: by MAG on 24 May 2022 for AED 1,157,738, or AED 1,454 per sqft.
- Rented since September 2025 on 2 Ejari contracts, from AED 90,000 to AED 85,500 a year.
- At AED 85,500 a year the gross yield on the 2022 price is 7.4%.
- 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 26 September 2026.
Questions about 408, Mag 960
What did unit 408 last sell for?
AED 1,157,738 on 24 May 2022, sold by the developer: AED 1,454 per sqft for 796 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 85,500 a year on the contract renewed on 26 September 2026. The previous contract, from September 2025, was AED 90,000.
How big is unit 408?
796 sqft (74.0 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2023.
What is unit 408 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 408, Mag 960
Starts from the last sale price (AED 1.16M, 24 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,157,738
- Deposit, UAE resident (20%)
- AED 231,548
- Deposit, non-resident (40%)
- AED 463,095
- Monthly over 25 years at 3.7%
- AED 4,737
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →