Studio · 411 sqftMag 960, District Seven · 6th floor · completed 2023

603, Mag 960

Sold prices and rental history: sold once, by the developer in April 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 26 March 2026
Last soldAED 652K22 April 2022
Current rentAED 60K /yr26 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Mag 960

What is 603 worth today?

Last sold for AED 652,206 in 2022

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26 Mar 2026RentedRenewal
AED 60,000/yr12 months · AED 147 per sqft
26 Mar 2025RentedNew contract
AED 60,000/yr12 months · AED 147 per sqft
22 Apr 2022Sold by developerOff-plan
AED 652,206AED 1,586 per sqft

Source: Dubai Land Department. Updated 26 March 2026.

Key facts

Type
Studio apartment
Size
411 sqft
Floor
6th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 652K · April 2022
Building
Mag 960

About 603, Mag 960

603 is a studio of 411 sqft on the 6th 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 652,206, or AED 1,586 per sqft, 3% above the AED 1,534 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 26 March 2026, is AED 60,000 a year: a gross yield of 9.2% on the 2022 price.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical studio in Mag 960
700K202220242026Typical sale price by year: 2022 AED 636,763; 2025 AED 750,000; 2026 AED 680,000Sold by developer, April 2022: AED 652,206 (AED 1,586 per sqft)

603 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 603, each contractTypical studio in Mag 960
55K60K202520262027Typical rent by year: 2025 AED 58,840; 2026 AED 53,000New contract, March 2025: AED 60,000 a yearRenewal, March 2026: AED 60,000 a year

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 603 sits

All 32 studios →

603 last sold in April 2022 at AED 1,586 per sqft, 3% above what studios in Mag 960 were fetching at the time (AED 1,534). 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. 603's AED 60,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Jul 2026680,000
20 Feb 2026790,000
18 Feb 2026610,000
23 Dec 2025750,000
5 studio 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 6th floor

All 88 units in Mag 960
Value
6011-bedAED 1.25M · Feb 2022
6022-bedAED 1.52M · Feb 2022
604StudioAED 730K · Dec 2025
605StudioAED 750K · Jul 2022
606StudioAED 610K · Feb 2026
6071-bedAED 1.43M · Aug 2025
6081-bedAED 1.37M · Jun 2025
1–7 of 10

603, Mag 960 in numbers

  • Sold once: by MAG on 22 April 2022 for AED 652,206, or AED 1,586 per sqft.
  • Rented since March 2025 on 2 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 9.2%.
  • 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 26 March 2026.

Questions about 603, Mag 960

What did unit 603 last sell for?

AED 652,206 on 22 April 2022, sold by the developer: AED 1,586 per sqft for 411 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 60,000 a year on the contract renewed on 26 March 2026. The previous contract, from March 2025, was AED 60,000.

How big is unit 603?

411 sqft (38.2 sqm): a studio on the 6th floor of a 8-storey tower completed in 2023.

What is unit 603 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 603, Mag 960

Starts from the last sale price (AED 652K, 22 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 652,206
Deposit, UAE resident (20%)
AED 130,441
Deposit, non-resident (40%)
AED 260,882
Monthly over 25 years at 3.7%
AED 2,668

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