Studio · 415 sqftMag 970, District Seven · 1st floor · completed 2023

103, Mag 970

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

Unit 103 · DLD and Ejari recordsUpdated 12 July 2022
Last soldAED 765K12 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Mag 970

What is 103 worth today?

Last sold for AED 765,000 in 2022

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12 Jul 2022Sold by developerOff-plan
AED 765,000AED 1,845 per sqft

Source: Dubai Land Department. Updated 12 July 2022.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
1st of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 765K · July 2022
Building
Mag 970

About 103, Mag 970

103 is a studio of 415 sqft on the 1st floor of Mag 970, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 12 July 2022 for AED 765,000, or AED 1,845 per sqft, 45% above the AED 1,271 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical studio in Mag 970
600K800K202120232025Typical sale price by year: 2021 AED 524,000; 2022 AED 653,900; 2023 AED 716,572; 2024 AED 672,500; 2025 AED 732,500Sold by developer, July 2022: AED 765,000 (AED 1,845 per sqft)

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

Rents
Unit 103, each contractTypical studio in Mag 970
50K60K2024202520262027Typical rent by year: 2024 AED 62,581; 2025 AED 55,000; 2026 AED 50,500

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Mag 970, and where 103 sits

All 40 studios →

103 last sold in July 2022 at AED 1,845 per sqft, 45% above what studios in Mag 970 were fetching at the time (AED 1,271). Over the last 12 months studios sold for AED 600,000 to 640,000, around AED 1,504 per sqft, and rent for AED 43,000 to 66,000 a year.

Recent studio salesUnit no.Price (AED)Summary
7 Sep 2026600,000
13 Apr 2026640,000
2 Jun 2025802,000
26 May 2025740,000
2 studio sales in the last 12 months

Mag 970

Building

96 apartments, studios to 1-bed over 8 floors in District Seven, completed in 2023 by MAG. 7 sold in the last 12 months.

Typical price per sqft
AED 1,513
Typical sale
AED 1.2M
Typical rent
AED 75K /yr
Typical yield
7.4%
Mag 970, District Seven: prices, sales and rents →

Other units on the 1st floor

All 96 units in Mag 970
Value
1011-bedAED 1.33M · Mar 2023
1021-bedAED 1.27M · Mar 2023
104StudioAED 644K · Apr 2022
105StudioAED 580K · Jun 2023
106StudioAED 640K · Jun 2023
107StudioAED 495K · Dec 2021
1081-bedAED 1.4M · Mar 2025
1–7 of 11

103, Mag 970 in numbers

  • Sold once: by MAG on 12 July 2022 for AED 765,000, or AED 1,845 per sqft.
  • Studios in Mag 970 sold for AED 600,000–640,000 in the 12 months to November 2026; the building's median across all types is AED 1,513 per sqft.

Source: Dubai Land Department. Updated 12 July 2022.

Questions about 103, Mag 970

What did unit 103 last sell for?

AED 765,000 on 12 July 2022, sold by the developer: AED 1,845 per sqft for 415 sqft. It is the only registered sale of the unit.

How big is unit 103?

415 sqft (38.6 sqm): a studio on the 1st floor of a 8-storey tower completed in 2023.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Mag 970 sold for AED 600,000 to 640,000 in the last 12 months, around AED 1,504 per sqft.

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Mortgage on 103, Mag 970

Starts from the last sale price (AED 765K, 12 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 765,000
Deposit, UAE resident (20%)
AED 153,000
Deposit, non-resident (40%)
AED 306,000
Monthly over 25 years at 3.7%
AED 3,130

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