Studio · 417 sqftMag 970, District Seven · 3rd floor · completed 2023

304, Mag 970

Sold prices and rental history: sold once, by the developer in December 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 304 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 658K22 December 2021
Current rentAED 44K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Mag 970

What is 304 worth today?

Last sold for AED 657,800 in 2021

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1 Aug 2026RentedNew contract
AED 44,000/yr12 months · AED 108 per sqft
22 Dec 2021Sold by developerOff-plan
AED 657,800AED 1,577 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
3rd of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 658K · December 2021
Building
Mag 970

About 304, Mag 970

304 is a studio of 417 sqft on the 3rd 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 657,800, or AED 1,577 per sqft, 26% above the AED 1,256 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2026. The current contract, signed on 1 August 2026, is AED 44,000 a year: a gross yield of 6.7% on the 2021 price.

Sales and rents for 304 over time

Sales
Unit 304, 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, December 2021: AED 657,800 (AED 1,577 per sqft)

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

Rents
Unit 304, 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 44,000 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 304 sits

All 40 studios →

304 last sold in December 2021 at AED 1,577 per sqft, 26% above 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. 304's AED 44,000 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 3rd floor

All 96 units in Mag 970
Value
3011-bedAED 1.43M · Feb 2025
3021-bedAED 1.19M · Nov 2026
303StudioAED 658K · Oct 2021
305StudioAED 524K · Oct 2021
306StudioAED 658K · Feb 2022
307StudioAED 638K · Feb 2022
3081-bedAED 1.14M · Feb 2022
1–7 of 11

304, Mag 970 in numbers

  • Sold once: by MAG on 22 December 2021 for AED 657,800, or AED 1,577 per sqft.
  • Rented since August 2026 on one Ejari contract, at AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2021 price is 6.7%.
  • 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 1 August 2026.

Questions about 304, Mag 970

What did unit 304 last sell for?

AED 657,800 on 22 December 2021, sold by the developer: AED 1,577 per sqft for 417 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 44,000 a year on the contract signed on 1 August 2026.

How big is unit 304?

417 sqft (38.7 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2023.

What is unit 304 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 304, Mag 970

Starts from the last sale price (AED 658K, 22 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 657,800
Deposit, UAE resident (20%)
AED 131,560
Deposit, non-resident (40%)
AED 263,120
Monthly over 25 years at 3.7%
AED 2,691

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