1-bed · 745 sqftMag 960, District Seven · 7th floor · completed 2023

709, Mag 960

Sold prices and rental history: sold once, by the developer in February 2022, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 1.12M23 February 2022
Current rentAED 80K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Mag 960

What is 709 worth today?

Last sold for AED 1,120,000 in 2022

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1 Dec 2024RentedNew contract
AED 80,000/yr12 months · AED 107 per sqft
23 Feb 2022Sold by developerOff-plan
AED 1,120,000AED 1,503 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
1-bed apartment
Size
745 sqft
Floor
7th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 1.12M · February 2022
Building
Mag 960

About 709, Mag 960

709 is a one-bedroom apartment of 745 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 1,120,000, or AED 1,503 per sqft, in line with the AED 1,463 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2024. The current contract, signed on 1 December 2024, is AED 80,000 a year: a gross yield of 7.1% on the 2022 price.

Sales and rents for 709 over time

Sales
Unit 709, 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 1,120,000 (AED 1,503 per sqft)

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

Rents
Unit 709, each contractTypical one-bed in Mag 960
80K85K90K2024202520262027Typical rent by year: 2024 AED 80,000; 2025 AED 90,000; 2026 AED 80,000New contract, December 2024: AED 80,000 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 709 sits

All 48 1-beds →

709 last sold in February 2022 at AED 1,503 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. 709's AED 80,000 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

709, Mag 960 in numbers

  • Sold once: by MAG on 23 February 2022 for AED 1,120,000, or AED 1,503 per sqft.
  • Rented since December 2024 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 7.1%.
  • 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 December 2024.

Questions about 709, Mag 960

What did unit 709 last sell for?

AED 1,120,000 on 23 February 2022, sold by the developer: AED 1,503 per sqft for 745 sqft. It is the only registered sale of the unit.

What is the rent for unit 709?

AED 80,000 a year on the contract signed on 1 December 2024.

How big is unit 709?

745 sqft (69.2 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2023.

What is unit 709 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 709, Mag 960

Starts from the last sale price (AED 1.12M, 23 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,000
Deposit, UAE resident (20%)
AED 224,000
Deposit, non-resident (40%)
AED 448,000
Monthly over 25 years at 3.7%
AED 4,582

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