1-bed · 796 sqftMag 960, District Seven · 7th floor · completed 2023

708, Mag 960

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

Unit 708 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 1.17M23 February 2022
Current rentAED 70K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Mag 960

What is 708 worth today?

Last sold for AED 1,170,000 in 2022

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1 Aug 2026RentedNew contract
AED 70,000/yr12 months · AED 88 per sqft
3 May 2025RentedNew contract
AED 100,000/yr12 months · AED 126 per sqft
3 May 2025RentedNew contract
AED 100,000/yr12 months · AED 126 per sqft
23 Feb 2022Sold by developerOff-plan
AED 1,170,000AED 1,470 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
7th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 1.17M · February 2022
Building
Mag 960

About 708, Mag 960

708 is a one-bedroom apartment of 796 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 23 February 2022 for AED 1,170,000, or AED 1,470 per sqft, in line with the AED 1,463 one-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 1 August 2026, is AED 70,000 a year: a gross yield of 6.0% on the 2022 price.

Sales and rents for 708 over time

Sales
Unit 708, 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, February 2022: AED 1,170,000 (AED 1,470 per sqft)

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

Rents
Unit 708, each contractTypical one-bed in Mag 960
80K100K2024202520262027Typical rent by year: 2024 AED 80,000; 2025 AED 90,000; 2026 AED 80,000New contract, May 2025: AED 100,000 a yearNew contract, May 2025: AED 100,000 a yearNew 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 708 sits

All 48 1-beds →

708 last sold in February 2022 at AED 1,470 per sqft, in line with 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. 708'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 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
705StudioAED 654K · Apr 2022
706StudioAED 750K · Sep 2025
7071-bedAED 1.27M · Oct 2022
1–7 of 10

708, Mag 960 in numbers

  • Sold once: by MAG on 23 February 2022 for AED 1,170,000, or AED 1,470 per sqft.
  • Rented since May 2025 on 3 Ejari contracts, from AED 100,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 6.0%.
  • 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 1 August 2026.

Questions about 708, Mag 960

What did unit 708 last sell for?

AED 1,170,000 on 23 February 2022, sold by the developer: AED 1,470 per sqft for 796 sqft. It is the only registered sale of the unit.

What is the rent for unit 708?

AED 70,000 a year on the contract signed on 1 August 2026. The previous contract, from May 2025, was AED 100,000; the unit has been rented since May 2025.

How big is unit 708?

796 sqft (74.0 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2023.

What is unit 708 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 708, Mag 960

Starts from the last sale price (AED 1.17M, 23 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

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