306, Mag 970
Sold prices and rental history: sold once, by the developer in February 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Mag 970
What is 306 worth today?
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Source: Dubai Land Department. Updated 27 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 417 sqft
- Floor
- 3rd of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 658K · February 2022
- Building
- Mag 970
About 306, Mag 970
306 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 9 February 2022 for AED 657,800, or AED 1,577 per sqft, 25% above the AED 1,258 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 27 February 2026, is AED 65,000 a year: a gross yield of 9.9% on the 2022 price.
Sales and rents for 306 over time
306 has sold once; the dashed line is the studio median of each year in the building.
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 306 sits
All 40 studios →306 last sold in February 2022 at AED 1,577 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. 306's AED 65,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 411 sqft | 600,000 | 1,459 | ||
| 13 Apr 202613 April 2026 | 413 sqft | 640,000 | 1,549 | ||
| 2 Jun 20252 June 2025 | 408 sqft | 802,000 | 1,963 | ||
| 26 May 202526 May 2025 | 409 sqft | 740,000 | 1,807 |
Mag 970
Building96 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%
Other units on the 3rd floor
All 96 units in Mag 970| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 900 sqft | AED 1.43MAED 1,426,000 · Feb 2025February 2025 | 100,000 /yr | |
| 302 | 1-bed | 863 sqft | AED 1.19MAED 1,190,000 · Nov 2026November 2026 | ||
| 303 | Studio | 415 sqft | AED 658KAED 657,800 · Oct 2021October 2021 | ||
| 304 | Studio | 417 sqft | AED 658KAED 657,800 · Dec 2021December 2021 | 44,000 /yr | |
| 305 | Studio | 417 sqft | AED 524KAED 524,000 · Oct 2021October 2021 | ||
| 307 | Studio | 417 sqft | AED 638KAED 638,066 · Feb 2022February 2022 | 53,000 /yr | |
| 308 | 1-bed | 802 sqft | AED 1.14MAED 1,140,000 · Feb 2022February 2022 | 90,000 /yr | |
| 309 | 1-bed | 802 sqft | AED 1.18MAED 1,175,427 · Nov 2022November 2022 | 90,000 /yr | |
| 310 | 1-bed | 752 sqft | AED 1.14MAED 1,139,285 · Jul 2022July 2022 | 70,000 /yr | |
| 311 | 1-bed | 796 sqft | AED 1.15MAED 1,152,954 · Oct 2022October 2022 | 80,000 /yr | |
| 312 | 1-bed | 834 sqft | AED 1.31MAED 1,310,000 · Feb 2025February 2025 |
306, Mag 970 in numbers
- Sold once: by MAG on 9 February 2022 for AED 657,800, or AED 1,577 per sqft.
- Rented since December 2024 on 2 Ejari contracts, at AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2022 price is 9.9%.
- 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 27 February 2026.
Questions about 306, Mag 970
What did unit 306 last sell for?
AED 657,800 on 9 February 2022, 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 306?
AED 65,000 a year on the contract signed on 27 February 2026. The previous contract, from December 2024, was AED 65,000.
How big is unit 306?
417 sqft (38.7 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2023.
What is unit 306 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 306, Mag 970
Starts from the last sale price (AED 658K, 9 February 2022). 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 →