703, Mag 960
Sold prices and rental history: sold once, by the developer in November 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Mag 960
What is 703 worth today?
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Source: Dubai Land Department. Updated 28 April 2026.
Key facts
- Type
- Studio apartment
- Size
- 411 sqft
- Floor
- 7th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 757K · November 2022
- Building
- Mag 960
About 703, Mag 960
703 is a studio of 411 sqft on the 7th floor of Mag 960, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 17 November 2022 for AED 757,020, or AED 1,841 per sqft, 19% above the AED 1,549 studios in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 28 April 2026, is AED 53,000 a year: a gross yield of 7.0% on the 2022 price.
Sales and rents for 703 over time
703 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 703 sits
All 32 studios →703 last sold in November 2022 at AED 1,841 per sqft, 19% above what studios in Mag 960 were fetching at the time (AED 1,549). 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. 703'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 7th floor
All 88 units in Mag 960| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 893 sqft | AED 1.33MAED 1,329,947 · Nov 2022November 2022 | ||
| 702 | 2-bed | 1,268 sqft | AED 1.57MAED 1,574,776 · Dec 2022December 2022 | ||
| 704 | Studio | 411 sqft | AED 743KAED 742,644 · May 2022May 2022 | ||
| 705 | Studio | 412 sqft | AED 654KAED 653,902 · Apr 2022April 2022 | 60,000 /yr | |
| 706 | Studio | 411 sqft | AED 750KAED 750,000 · Sep 2025September 2025 | 54,000 /yr | |
| 707 | 1-bed | 793 sqft | AED 1.27MAED 1,272,705 · Oct 2022October 2022 | 82,500 /yr | |
| 708 | 1-bed | 796 sqft | AED 1.17MAED 1,170,000 · Feb 2022February 2022 | 70,000 /yr | |
| 709 | 1-bed | 745 sqft | AED 1.12MAED 1,120,000 · Feb 2022February 2022 | 80,000 /yr | |
| 710 | 1-bed | 787 sqft | AED 1.19MAED 1,190,400 · Apr 2022April 2022 | 70,000 /yr | |
| 711 | 1-bed | 834 sqft | AED 1.25MAED 1,250,000 · Mar 2022March 2022 | 82,000 /yr |
703, Mag 960 in numbers
- Sold once: by MAG on 17 November 2022 for AED 757,020, or AED 1,841 per sqft.
- Rented since April 2025 on 2 Ejari contracts, at AED 53,000 a year.
- At AED 53,000 a year the gross yield on the 2022 price is 7.0%.
- 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 28 April 2026.
Questions about 703, Mag 960
What did unit 703 last sell for?
AED 757,020 on 17 November 2022, sold by the developer: AED 1,841 per sqft for 411 sqft. It is the only registered sale of the unit.
What is the rent for unit 703?
AED 53,000 a year on the contract renewed on 28 April 2026. The previous contract, from April 2025, was AED 53,000.
How big is unit 703?
411 sqft (38.2 sqm): a studio on the 7th floor of a 8-storey tower completed in 2023.
What is unit 703 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 703, Mag 960
Starts from the last sale price (AED 757K, 17 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 757,020
- Deposit, UAE resident (20%)
- AED 151,404
- Deposit, non-resident (40%)
- AED 302,808
- Monthly over 25 years at 3.7%
- AED 3,097
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →