Studio · 411 sqftMag 960, District Seven · 7th floor · completed 2023

704, Mag 960

Sold prices and rental history: sold once, by the developer in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 24 May 2022
Last soldAED 743K24 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Mag 960

What is 704 worth today?

Last sold for AED 742,644 in 2022

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24 May 2022Sold by developerOff-plan
AED 742,644AED 1,808 per sqft

Source: Dubai Land Department. Updated 24 May 2022.

Key facts

Type
Studio apartment
Size
411 sqft
Floor
7th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 743K · May 2022
Building
Mag 960

About 704, Mag 960

704 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 24 May 2022 for AED 742,644, or AED 1,808 per sqft, 17% above the AED 1,546 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 704 over time

Sales
Unit 704, 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, May 2022: AED 742,644 (AED 1,808 per sqft)

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

Rents
Unit 704, each contractTypical studio in Mag 960
55K202520262027Typical rent by year: 2025 AED 58,840; 2026 AED 53,000

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 704 sits

All 32 studios →

704 last sold in May 2022 at AED 1,808 per sqft, 17% above what studios in Mag 960 were fetching at the time (AED 1,546). 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.

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 7th floor

All 88 units in Mag 960
Value
7011-bedAED 1.33M · Nov 2022
7022-bedAED 1.57M · Dec 2022
703StudioAED 757K · Nov 2022
705StudioAED 654K · Apr 2022
706StudioAED 750K · Sep 2025
7071-bedAED 1.27M · Oct 2022
7081-bedAED 1.17M · Feb 2022
1–7 of 10

704, Mag 960 in numbers

  • Sold once: by MAG on 24 May 2022 for AED 742,644, or AED 1,808 per sqft.
  • 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 24 May 2022.

Questions about 704, Mag 960

What did unit 704 last sell for?

AED 742,644 on 24 May 2022, sold by the developer: AED 1,808 per sqft for 411 sqft. It is the only registered sale of the unit.

How big is unit 704?

411 sqft (38.2 sqm): a studio on the 7th floor of a 8-storey tower completed in 2023.

What is unit 704 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 704, Mag 960

Starts from the last sale price (AED 743K, 24 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 742,644
Deposit, UAE resident (20%)
AED 148,529
Deposit, non-resident (40%)
AED 297,058
Monthly over 25 years at 3.7%
AED 3,038

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