1-bed · 893 sqftMag 960, District Seven · 5th floor · completed 2023

501, Mag 960

Sold prices and rental history: sold twice, last in January 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 9 January 2025
Last soldAED 1.45M9 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Mag 960

What is 501 worth today?

Last sold for AED 1,450,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Jan 2025SoldReady
AED 1,450,000AED 1,624 per sqft
22 Apr 2022Sold by developerOff-plan
AED 1,243,960AED 1,392 per sqft

Source: Dubai Land Department. Updated 9 January 2025.

Key facts

Type
1-bed apartment
Size
893 sqft
Floor
5th of 8
Parking
G-07
Developer
MAG
Completed
2023
Last sold
AED 1.45M · January 2025
Building
Mag 960

About 501, Mag 960

501 is a one-bedroom apartment of 893 sqft on the 5th floor of Mag 960, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 9 January 2025 for AED 1,450,000, or AED 1,624 per sqft, 8% above the AED 1,507 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, 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, April 2022: AED 1,243,960 (AED 1,392 per sqft)Sold, January 2025: AED 1,450,000 (AED 1,624 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in Mag 960
80K85K90K2024202520262027Typical rent by year: 2024 AED 80,000; 2025 AED 90,000; 2026 AED 80,000

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 501 sits

All 48 1-beds →

501 last sold in January 2025 at AED 1,624 per sqft, 8% above what one-beds in Mag 960 were fetching at the time (AED 1,507). 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.

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 5th floor

All 88 units in Mag 960
Value
5022-bedAED 1.41M · Feb 2022
503StudioAED 638K · Feb 2022
504StudioAED 625K · Mar 2022
505StudioAED 667K · Apr 2022
506StudioAED 638K · Mar 2022
5071-bedAED 1.21M · Jul 2022
5081-bedAED 1.21M · Jul 2022
1–7 of 10

501, Mag 960 in numbers

  • Sold twice: first on 22 April 2022 for AED 1,243,960, last on 9 January 2025 for AED 1,450,000 (AED 1,624 per sqft).
  • 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 9 January 2025.

Questions about 501, Mag 960

What did unit 501 last sell for?

AED 1,450,000 on 9 January 2025: AED 1,624 per sqft for 893 sqft. The unit has 2 registered sales; the first was AED 1,243,960 in April 2022.

How big is unit 501?

893 sqft (83.0 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2023.

What is unit 501 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.

Selling 501? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 501, Mag 960

Starts from the last sale price (AED 1.45M, 9 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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