1-bed · 745 sqftMag 960, District Seven · 5th floor · completed 2023

509, Mag 960

Sold prices and rental history: sold once, by the developer in April 2022, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 15 August 2026
Last soldAED 1.2M22 April 2022
Current rentAED 70K /yr15 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Mag 960

What is 509 worth today?

Last sold for AED 1,200,000 in 2022

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15 Aug 2026RentedNew contract
AED 70,000/yr12 months · AED 94 per sqft
22 Apr 2022Sold by developerOff-plan
AED 1,200,000AED 1,610 per sqft

Source: Dubai Land Department. Updated 15 August 2026.

Key facts

Type
1-bed apartment
Size
745 sqft
Floor
5th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 1.2M · April 2022
Building
Mag 960

About 509, Mag 960

509 is a one-bedroom apartment of 745 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 22 April 2022 for AED 1,200,000, or AED 1,610 per sqft, 10% above the AED 1,463 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 August 2026. The current contract, signed on 15 August 2026, is AED 70,000 a year: a gross yield of 5.8% on the 2022 price.

Sales and rents for 509 over time

Sales
Unit 509, 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 1,200,000 (AED 1,610 per sqft)

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

Rents
Unit 509, each contractTypical one-bed in Mag 960
70K80K90K2024202520262027Typical rent by year: 2024 AED 80,000; 2025 AED 90,000; 2026 AED 80,000New contract, August 2026: AED 70,000 a year

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 509 sits

All 48 1-beds →

509 last sold in April 2022 at AED 1,610 per sqft, 10% above 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. 509's AED 70,000 is in the lower half of that range.

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
5011-bedAED 1.45M · Jan 2025
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
1–7 of 10

509, Mag 960 in numbers

  • Sold once: by MAG on 22 April 2022 for AED 1,200,000, or AED 1,610 per sqft.
  • Rented since August 2026 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 5.8%.
  • 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 August 2026.

Questions about 509, Mag 960

What did unit 509 last sell for?

AED 1,200,000 on 22 April 2022, sold by the developer: AED 1,610 per sqft for 745 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 70,000 a year on the contract signed on 15 August 2026.

How big is unit 509?

745 sqft (69.2 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2023.

What is unit 509 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 509, Mag 960

Starts from the last sale price (AED 1.2M, 22 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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