Studio · 417 sqftMag 970, District Seven · 2nd floor · completed 2023

206, Mag 970

Sold prices and rental history: sold once, by the developer in February 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 10 August 2026
Last soldAED 654K9 February 2022
Current rentAED 45K /yr10 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Mag 970

What is 206 worth today?

Last sold for AED 653,900 in 2022

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10 Aug 2026RentedNew contract
AED 45,000/yr12 months · AED 110 per sqft
10 May 2026RentedRenewal
AED 53,000/yr12 months · AED 130 per sqft
10 May 2025RentedNew contract
AED 55,000/yr12 months · AED 134 per sqft
9 Feb 2022Sold by developerOff-plan
AED 653,900AED 1,568 per sqft

Source: Dubai Land Department. Updated 10 August 2026.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
2nd of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 654K · February 2022
Building
Mag 970

About 206, Mag 970

206 is a studio of 417 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 9 February 2022 for AED 653,900, or AED 1,568 per sqft, 25% above the AED 1,258 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 10 August 2026, is AED 45,000 a year: a gross yield of 6.9% on the 2022 price.

Sales and rents for 206 over time

Sales
Unit 206, 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, February 2022: AED 653,900 (AED 1,568 per sqft)

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

Rents
Unit 206, each contractTypical studio in Mag 970
50K60K2024202520262027Typical rent by year: 2024 AED 62,581; 2025 AED 55,000; 2026 AED 50,500New contract, May 2025: AED 55,000 a yearRenewal, May 2026: AED 53,000 a yearNew contract, August 2026: AED 45,000 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 206 sits

All 40 studios →

206 last sold in February 2022 at AED 1,568 per sqft, 25% above 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. 206's AED 45,000 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
203StudioAED 525K · Oct 2021
204StudioAED 654K · Apr 2022
205StudioAED 641K · Apr 2022
207StudioAED 654K · Apr 2022
2081-bedAED 1.1M · Nov 2022
1–7 of 11

206, Mag 970 in numbers

  • Sold once: by MAG on 9 February 2022 for AED 653,900, or AED 1,568 per sqft.
  • Rented since May 2025 on 3 Ejari contracts, from AED 55,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2022 price is 6.9%.
  • 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 10 August 2026.

Questions about 206, Mag 970

What did unit 206 last sell for?

AED 653,900 on 9 February 2022, sold by the developer: AED 1,568 per sqft for 417 sqft. It is the only registered sale of the unit.

What is the rent for unit 206?

AED 45,000 a year on the contract signed on 10 August 2026. The previous contract, from May 2026, was AED 53,000; the unit has been rented since May 2025.

How big is unit 206?

417 sqft (38.7 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2023.

What is unit 206 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 206, Mag 970

Starts from the last sale price (AED 654K, 9 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 653,900
Deposit, UAE resident (20%)
AED 130,780
Deposit, non-resident (40%)
AED 261,560
Monthly over 25 years at 3.7%
AED 2,675

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