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

106, Mag 970

Sold prices and rental history: sold twice, last in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 6 June 2023
Last soldAED 640K6 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Mag 970

What is 106 worth today?

Last sold for AED 640,000 in 2023

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6 Jun 2023SoldOff-plan
AED 640,000AED 1,535 per sqft
22 Dec 2021Sold by developerOff-plan
AED 480,000AED 1,151 per sqft

Source: Dubai Land Department. Updated 6 June 2023.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
1st of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 640K · June 2023
Building
Mag 970

About 106, Mag 970

106 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 6 June 2023 for AED 640,000, or AED 1,535 per sqft, 3% below the AED 1,583 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 106 over time

Sales
Unit 106, 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 640,000 (AED 1,535 per sqft)

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

Rents
Unit 106, 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 106 sits

All 40 studios →

106 last sold in June 2023 at AED 1,535 per sqft, 3% below what studios in Mag 970 were fetching at the time (AED 1,583). 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
103StudioAED 765K · Jul 2022
104StudioAED 644K · Apr 2022
105StudioAED 580K · Jun 2023
107StudioAED 495K · Dec 2021
1081-bedAED 1.4M · Mar 2025
1–7 of 11

106, Mag 970 in numbers

  • Sold twice: first on 22 December 2021 for AED 480,000, last on 6 June 2023 for AED 640,000 (AED 1,535 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 6 June 2023.

Questions about 106, Mag 970

What did unit 106 last sell for?

AED 640,000 on 6 June 2023: AED 1,535 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 480,000 in December 2021.

How big is unit 106?

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

What is unit 106 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 106, Mag 970

Starts from the last sale price (AED 640K, 6 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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