Studio · 417 sqftMag 970, District Seven · 1st floor · completed 2023

105, Mag 970

Sold prices and rental history: sold twice, last in June 2023, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 105 · DLD and Ejari recordsUpdated 23 February 2027
Last soldAED 580K8 June 2023
Current rentAED 55K /yr23 February 2027
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 105, Mag 970

What is 105 worth today?

Last sold for AED 580,000 in 2023

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23 Feb 2027RentedRenewal
AED 55,000/yr12 months · AED 134 per sqft
23 Feb 2026RentedRenewal
AED 55,000/yr12 months · AED 134 per sqft
8 Jun 2023SoldOff-plan
AED 580,000AED 1,391 per sqft
22 Dec 2021Sold by developerOff-plan
AED 480,000AED 1,151 per sqft

Source: Dubai Land Department. Updated 23 February 2027.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
1st of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 580K · June 2023
Building
Mag 970

About 105, Mag 970

105 is a studio of 417 sqft on the 1st floor of Mag 970, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 8 June 2023 for AED 580,000, or AED 1,391 per sqft, 12% below the AED 1,575 studios in the building were fetching at the time.

It has been rented since 2026 on 2 Ejari contracts. The current contract, renewed on 23 February 2027, is AED 55,000 a year: a gross yield of 9.5% on the 2023 price.

Sales and rents for 105 over time

Sales
Unit 105, each saleTypical studio in Mag 970
600K202120232025Typical 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, December 2021: AED 480,000 (AED 1,151 per sqft)Sold, June 2023: AED 580,000 (AED 1,391 per sqft)

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

Rents
Unit 105, each contractTypical studio in Mag 970
50K60K2024202520262027Typical rent by year: 2024 AED 62,581; 2025 AED 55,000; 2026 AED 50,500Renewal, February 2026: AED 55,000 a yearRenewal, February 2027: AED 55,000 a year

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

Studios in Mag 970, and where 105 sits

All 40 studios →

105 last sold in June 2023 at AED 1,391 per sqft, 12% below what studios in Mag 970 were fetching at the time (AED 1,575). 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. 105's AED 55,000 is in the upper half of that range.

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
103StudioAED 765K · Jul 2022
104StudioAED 644K · Apr 2022
106StudioAED 640K · Jun 2023
107StudioAED 495K · Dec 2021
1081-bedAED 1.4M · Mar 2025
1–7 of 11

105, Mag 970 in numbers

  • Sold twice: first on 22 December 2021 for AED 480,000, last on 8 June 2023 for AED 580,000 (AED 1,391 per sqft).
  • Rented since February 2026 on 2 Ejari contracts, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 9.5%.
  • 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 23 February 2027.

Questions about 105, Mag 970

What did unit 105 last sell for?

AED 580,000 on 8 June 2023: AED 1,391 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 480,000 in December 2021.

What is the rent for unit 105?

AED 55,000 a year on the contract renewed on 23 February 2027. The previous contract, from February 2026, was AED 55,000.

How big is unit 105?

417 sqft (38.7 sqm): a studio on the 1st floor of a 8-storey tower completed in 2023.

What is unit 105 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 105, Mag 970

Starts from the last sale price (AED 580K, 8 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

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