Studio · 412 sqftMag 960, District Seven · 7th floor · completed 2023

705, 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 705 · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 654K22 April 2022
Current rentAED 60K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Mag 960

What is 705 worth today?

Last sold for AED 653,902 in 2022

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1 Apr 2026RentedNew contract
AED 60,000/yr12 months · AED 146 per sqft
30 Mar 2025RentedNew contract
AED 59,679/yr12 months · AED 146 per sqft
22 Apr 2022Sold by developerOff-plan
AED 653,902AED 1,588 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
Studio apartment
Size
412 sqft
Floor
7th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 654K · April 2022
Building
Mag 960

About 705, Mag 960

705 is a studio of 412 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 22 April 2022 for AED 653,902, or AED 1,588 per sqft, 4% 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, signed on 1 April 2026, is AED 60,000 a year: a gross yield of 9.2% on the 2022 price.

Sales and rents for 705 over time

Sales
Unit 705, 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 653,902 (AED 1,588 per sqft)

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

Rents
Unit 705, each contractTypical studio in Mag 960
55K60K202520262027Typical rent by year: 2025 AED 58,840; 2026 AED 53,000New contract, March 2025: AED 59,679 a yearNew contract, April 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 705 sits

All 32 studios →

705 last sold in April 2022 at AED 1,588 per sqft, 4% 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. 705'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 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
704StudioAED 743K · May 2022
706StudioAED 750K · Sep 2025
7071-bedAED 1.27M · Oct 2022
7081-bedAED 1.17M · Feb 2022
1–7 of 10

705, Mag 960 in numbers

  • Sold once: by MAG on 22 April 2022 for AED 653,902, or AED 1,588 per sqft.
  • Rented since March 2025 on 2 Ejari contracts, from AED 59,679 to 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 1 April 2026.

Questions about 705, Mag 960

What did unit 705 last sell for?

AED 653,902 on 22 April 2022, sold by the developer: AED 1,588 per sqft for 412 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 60,000 a year on the contract signed on 1 April 2026. The previous contract, from March 2025, was AED 59,679.

How big is unit 705?

412 sqft (38.3 sqm): a studio on the 7th floor of a 8-storey tower completed in 2023.

What is unit 705 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 705, Mag 960

Starts from the last sale price (AED 654K, 22 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 653,902
Deposit, UAE resident (20%)
AED 130,780
Deposit, non-resident (40%)
AED 261,561
Monthly over 25 years at 3.7%
AED 2,675

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