Studio · 415 sqftMag 970, District Seven · 2nd floor · completed 2023

203, Mag 970

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

Unit 203 · DLD and Ejari recordsUpdated 11 August 2026
Last soldAED 525K17 October 2021
Current rentAED 51K /yr11 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Mag 970

What is 203 worth today?

Last sold for AED 524,690 in 2021

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11 Aug 2026RentedNew contract
AED 51,000/yr10 months · AED 125 per sqft
17 Oct 2021Sold by developerOff-plan
AED 524,690AED 1,265 per sqft

Source: Dubai Land Department. Updated 11 August 2026.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
2nd of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 525K · October 2021
Building
Mag 970

About 203, Mag 970

203 is a studio of 415 sqft on the 2nd floor of Mag 970, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 17 October 2021 for AED 524,690, or AED 1,265 per sqft, in line with the AED 1,258 studios in the building were fetching at the time.

One Ejari contract is registered, from 11 August 2026. The current contract, signed on 11 August 2026, is AED 51,000 a year: a gross yield of 9.7% on the 2021 price.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical studio in Mag 970
500K600K700K202120232025Typical 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, October 2021: AED 524,690 (AED 1,265 per sqft)

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

Rents
Unit 203, each contractTypical studio in Mag 970
50K60K2024202520262027Typical rent by year: 2024 AED 62,581; 2025 AED 55,000; 2026 AED 50,500New contract, August 2026: AED 51,000 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 203 sits

All 40 studios →

203 last sold in October 2021 at AED 1,265 per sqft, in line with what studios in Mag 970 were fetching at the time (AED 1,258). 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. 203's AED 51,000 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 2nd floor

All 96 units in Mag 970
Value
2011-bedAED 1.53M · May 2025
2021-bedAED 1.34M · May 2025
204StudioAED 654K · Apr 2022
205StudioAED 641K · Apr 2022
206StudioAED 654K · Feb 2022
207StudioAED 654K · Apr 2022
2081-bedAED 1.1M · Nov 2022
1–7 of 11

203, Mag 970 in numbers

  • Sold once: by MAG on 17 October 2021 for AED 524,690, or AED 1,265 per sqft.
  • Rented since August 2026 on one Ejari contract, at AED 51,000 a year.
  • At AED 51,000 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 11 August 2026.

Questions about 203, Mag 970

What did unit 203 last sell for?

AED 524,690 on 17 October 2021, sold by the developer: AED 1,265 per sqft for 415 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 51,000 a year on the contract signed on 11 August 2026.

How big is unit 203?

415 sqft (38.6 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2023.

What is unit 203 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 203, Mag 970

Starts from the last sale price (AED 525K, 17 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 524,690
Deposit, UAE resident (20%)
AED 104,938
Deposit, non-resident (40%)
AED 209,876
Monthly over 25 years at 3.7%
AED 2,147

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