504, Mag 960
Sold prices and rental history: sold once, by the developer in March 2022, and rented once, from May 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Mag 960
What is 504 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 411 sqft
- Floor
- 5th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 625K · March 2022
- Building
- Mag 960
About 504, Mag 960
504 is a studio of 411 sqft on the 5th 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 625,059, or AED 1,521 per sqft, in line with the AED 1,539 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 May 2026. The current contract, signed on 1 May 2026, is AED 53,000 a year: a gross yield of 8.5% on the 2022 price.
Sales and rents for 504 over time
504 has sold once; the dashed line is the studio median of each year in the building.
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 504 sits
All 32 studios →504 last sold in March 2022 at AED 1,521 per sqft, in line with what studios in Mag 960 were fetching at the time (AED 1,539). 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. 504's AED 53,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jul 202629 July 2026 | 411 sqft | 680,000 | 1,659 | ||
| 20 Feb 202620 February 2026 | 411 sqft | 790,000 | 1,921 | ||
| 18 Feb 202618 February 2026 | 411 sqft | 610,000 | 1,483 | ||
| 23 Dec 202523 December 2025 | 411 sqft | 750,000 | 1,824 |
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 5th floor
All 88 units in Mag 960| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 893 sqft | AED 1.45MAED 1,450,000 · Jan 2025January 2025 | ||
| 502 | 2-bed | 1,268 sqft | AED 1.41MAED 1,410,000 · Feb 2022February 2022 | ||
| 503 | Studio | 411 sqft | AED 638KAED 637,815 · Feb 2022February 2022 | 56,000 /yr | |
| 505 | Studio | 412 sqft | AED 667KAED 666,864 · Apr 2022April 2022 | 60,000 /yr | |
| 506 | Studio | 411 sqft | AED 638KAED 637,815 · Mar 2022March 2022 | 45,000 /yr | |
| 507 | 1-bed | 793 sqft | AED 1.21MAED 1,210,000 · Jul 2022July 2022 | 90,000 /yr | |
| 508 | 1-bed | 796 sqft | AED 1.21MAED 1,212,000 · Jul 2022July 2022 | 90,000 /yr | |
| 509 | 1-bed | 745 sqft | AED 1.2MAED 1,200,000 · Apr 2022April 2022 | 70,000 /yr | |
| 510 | 1-bed | 787 sqft | AED 1.11MAED 1,106,408 · Mar 2022March 2022 | 65,000 /yr | |
| 511 | 1-bed | 836 sqft | AED 1.45MAED 1,450,000 · Apr 2025April 2025 | 80,000 /yr |
504, Mag 960 in numbers
- Sold once: by MAG on 15 March 2022 for AED 625,059, or AED 1,521 per sqft.
- Rented since May 2026 on one Ejari contract, at AED 53,000 a year.
- At AED 53,000 a year the gross yield on the 2022 price is 8.5%.
- 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 1 May 2026.
Questions about 504, Mag 960
What did unit 504 last sell for?
AED 625,059 on 15 March 2022, sold by the developer: AED 1,521 per sqft for 411 sqft. It is the only registered sale of the unit.
What is the rent for unit 504?
AED 53,000 a year on the contract signed on 1 May 2026.
How big is unit 504?
411 sqft (38.2 sqm): a studio on the 5th floor of a 8-storey tower completed in 2023.
What is unit 504 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 504, Mag 960
Starts from the last sale price (AED 625K, 15 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 625,059
- Deposit, UAE resident (20%)
- AED 125,012
- Deposit, non-resident (40%)
- AED 250,024
- Monthly over 25 years at 3.7%
- AED 2,557
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →