Studio · 411 sqftMag 960, District Seven · 8th floor · completed 2023

803, Mag 960

Sold prices and rental history: sold twice, last in March 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 15 May 2026
Last soldAED 750K12 March 2025
Current rentAED 53K /yr15 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Mag 960

What is 803 worth today?

Last sold for AED 750,000 in 2025

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15 May 2026RentedRenewal
AED 53,000/yr12 months · AED 130 per sqft
15 May 2026RentedRenewal
AED 61,000/yr12 months · AED 149 per sqft
15 May 2025RentedNew contract
AED 61,000/yr12 months · AED 149 per sqft
12 Mar 2025SoldReady
AED 750,000AED 1,824 per sqft
23 Feb 2022Sold by developerOff-plan
AED 644,130AED 1,566 per sqft

Source: Dubai Land Department. Updated 15 May 2026.

Key facts

Type
Studio apartment
Size
411 sqft
Floor
8th of 8
Parking
G-19
Developer
MAG
Completed
2023
Last sold
AED 750K · March 2025
Building
Mag 960

About 803, Mag 960

803 is a studio of 411 sqft on the 8th floor of Mag 960, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 12 March 2025 for AED 750,000, or AED 1,824 per sqft, 13% above the AED 1,617 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 15 May 2026, is AED 53,000 a year: a gross yield of 7.1% on the 2025 price.

Sales and rents for 803 over time

Sales
Unit 803, 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, February 2022: AED 644,130 (AED 1,566 per sqft)Sold, March 2025: AED 750,000 (AED 1,824 per sqft)

803 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 803, each contractTypical studio in Mag 960
55K60K202520262027Typical rent by year: 2025 AED 58,840; 2026 AED 53,000New contract, May 2025: AED 61,000 a yearRenewal, May 2026: AED 53,000 a yearRenewal, May 2026: AED 61,000 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 803 sits

All 32 studios →

803 last sold in March 2025 at AED 1,824 per sqft, 13% above what studios in Mag 960 were fetching at the time (AED 1,617). 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. 803's AED 53,000 is in the lower 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 8th floor

All 88 units in Mag 960
Value
8011-bedAED 1.3M · Mar 2022
8022-bedAED 1.57M · Mar 2022
804StudioAED 750K · Jun 2025
805StudioAED 680K · Jul 2026
806StudioAED 625K · Feb 2022
8071-bedAED 1.5M · Jul 2025
8081-bedAED 1.28M · Apr 2025
1–7 of 10

803, Mag 960 in numbers

  • Sold twice: first on 23 February 2022 for AED 644,130, last on 12 March 2025 for AED 750,000 (AED 1,824 per sqft).
  • Rented since May 2025 on 3 Ejari contracts, from AED 61,000 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2025 price is 7.1%.
  • 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 15 May 2026.

Questions about 803, Mag 960

What did unit 803 last sell for?

AED 750,000 on 12 March 2025: AED 1,824 per sqft for 411 sqft. The unit has 2 registered sales; the first was AED 644,130 in February 2022.

What is the rent for unit 803?

AED 53,000 a year on the contract renewed on 15 May 2026. The previous contract, from May 2026, was AED 61,000; the unit has been rented since May 2025.

How big is unit 803?

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

What is unit 803 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 803, Mag 960

Starts from the last sale price (AED 750K, 12 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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