508, Mag 960
Sold prices and rental history: sold once, by the developer in July 2022, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Mag 960
What is 508 worth today?
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Source: Dubai Land Department. Updated 15 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 796 sqft
- Floor
- 5th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 1.21M · July 2022
- Building
- Mag 960
About 508, Mag 960
508 is a one-bedroom apartment of 796 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 12 July 2022 for AED 1,212,000, or AED 1,523 per sqft, 4% above the AED 1,471 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 September 2025. The current contract, signed on 15 September 2025, is AED 90,000 a year: a gross yield of 7.4% on the 2022 price.
Sales and rents for 508 over time
508 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 508 sits
All 48 1-beds →508 last sold in July 2022 at AED 1,523 per sqft, 4% above what one-beds in Mag 960 were fetching at the time (AED 1,471). 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. 508's AED 90,000 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 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 | |
| 504 | Studio | 411 sqft | AED 625KAED 625,059 · Mar 2022March 2022 | 53,000 /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 | |
| 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 |
508, Mag 960 in numbers
- Sold once: by MAG on 12 July 2022 for AED 1,212,000, or AED 1,523 per sqft.
- Rented since September 2025 on one Ejari contract, at AED 90,000 a year.
- At AED 90,000 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 15 September 2025.
Questions about 508, Mag 960
What did unit 508 last sell for?
AED 1,212,000 on 12 July 2022, sold by the developer: AED 1,523 per sqft for 796 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 90,000 a year on the contract signed on 15 September 2025.
How big is unit 508?
796 sqft (74.0 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2023.
What is unit 508 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 508, Mag 960
Starts from the last sale price (AED 1.21M, 12 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,212,000
- Deposit, UAE resident (20%)
- AED 242,400
- Deposit, non-resident (40%)
- AED 484,800
- Monthly over 25 years at 3.7%
- AED 4,959
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →