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

107, Mag 970

Sold prices and rental history: sold once, by the developer in December 2021, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 17 February 2026
Last soldAED 495K22 December 2021
Current rentAED 48K /yr17 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Mag 970

What is 107 worth today?

Last sold for AED 495,000 in 2021

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17 Feb 2026RentedNew contract
AED 48,000/yr12 months · AED 117 per sqft
22 Dec 2021Sold by developerOff-plan
AED 495,000AED 1,187 per sqft

Source: Dubai Land Department. Updated 17 February 2026.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
1st of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 495K · December 2021
Building
Mag 970

About 107, Mag 970

107 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. The developer sold it on 22 December 2021 for AED 495,000, or AED 1,187 per sqft, 5% below the AED 1,256 studios in the building were fetching at the time.

One Ejari contract is registered, from 17 February 2026. The current contract, signed on 17 February 2026, is AED 48,000 a year: a gross yield of 9.7% on the 2021 price.

Sales and rents for 107 over time

Sales
Unit 107, 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 495,000 (AED 1,187 per sqft)

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

Rents
Unit 107, each contractTypical studio in Mag 970
50K60K2024202520262027Typical rent by year: 2024 AED 62,581; 2025 AED 55,000; 2026 AED 50,500New contract, February 2026: AED 48,000 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 107 sits

All 40 studios →

107 last sold in December 2021 at AED 1,187 per sqft, 5% below what studios in Mag 970 were fetching at the time (AED 1,256). 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. 107's AED 48,000 is in the lower 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
105StudioAED 580K · Jun 2023
106StudioAED 640K · Jun 2023
1081-bedAED 1.4M · Mar 2025
1–7 of 11

107, Mag 970 in numbers

  • Sold once: by MAG on 22 December 2021 for AED 495,000, or AED 1,187 per sqft.
  • Rented since February 2026 on one Ejari contract, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2021 price is 9.7%.
  • 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 17 February 2026.

Questions about 107, Mag 970

What did unit 107 last sell for?

AED 495,000 on 22 December 2021, sold by the developer: AED 1,187 per sqft for 417 sqft. It is the only registered sale of the unit.

What is the rent for unit 107?

AED 48,000 a year on the contract signed on 17 February 2026.

How big is unit 107?

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

What is unit 107 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 107, Mag 970

Starts from the last sale price (AED 495K, 22 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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