1-bed · 796 sqftMag 970, District Seven · 3rd floor · completed 2023

311, Mag 970

Sold prices and rental history: sold once, by the developer in October 2022, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 27 July 2026
Last soldAED 1.15M27 October 2022
Current rentAED 80K /yr27 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Mag 970

What is 311 worth today?

Last sold for AED 1,152,954 in 2022

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27 Jul 2026RentedNew contract
AED 80,000/yr12 months · AED 102 per sqft
27 Oct 2022Sold by developerOff-plan
AED 1,152,954AED 1,449 per sqft

Source: Dubai Land Department. Updated 27 July 2026.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
3rd of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 1.15M · October 2022
Building
Mag 970

About 311, Mag 970

311 is a one-bedroom apartment of 796 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 27 October 2022 for AED 1,152,954, or AED 1,449 per sqft, 6% above the AED 1,364 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 July 2026. The current contract, signed on 27 July 2026, is AED 80,000 a year: a gross yield of 6.9% on the 2022 price.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical one-bed in Mag 970
1M1.25M2021202320252027Typical sale price by year: 2021 AED 850,000; 2022 AED 1,140,000; 2023 AED 1,264,114; 2025 AED 1,387,500; 2026 AED 1,250,000Sold by developer, October 2022: AED 1,152,954 (AED 1,449 per sqft)

311 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 311, each contractTypical one-bed in Mag 970
80K90K202520262027Typical rent by year: 2025 AED 95,000; 2026 AED 80,000New contract, July 2026: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Mag 970, and where 311 sits

All 56 1-beds →

311 last sold in October 2022 at AED 1,449 per sqft, 6% above what one-beds in Mag 970 were fetching at the time (AED 1,364). Over the last 12 months one-beds sold for AED 1,190,000 to 1,400,000, around AED 1,513 per sqft, and rent for AED 69,812 to 100,000 a year. 311's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20261,190,000
17 Jun 20261,200,000
4 Feb 20261,300,000
12 Jan 20261,380,000
5 1-bed 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
304StudioAED 658K · Dec 2021
305StudioAED 524K · Oct 2021
306StudioAED 658K · Feb 2022
307StudioAED 638K · Feb 2022
1–7 of 11

311, Mag 970 in numbers

  • Sold once: by MAG on 27 October 2022 for AED 1,152,954, or AED 1,449 per sqft.
  • Rented since July 2026 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 6.9%.
  • One-beds in Mag 970 sold for AED 1,190,000–1,400,000 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 July 2026.

Questions about 311, Mag 970

What did unit 311 last sell for?

AED 1,152,954 on 27 October 2022, sold by the developer: AED 1,449 per sqft for 796 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 80,000 a year on the contract signed on 27 July 2026.

How big is unit 311?

796 sqft (74.0 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2023.

What is unit 311 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mag 970 sold for AED 1,190,000 to 1,400,000 in the last 12 months, around AED 1,513 per sqft.

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Mortgage on 311, Mag 970

Starts from the last sale price (AED 1.15M, 27 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,152,954
Deposit, UAE resident (20%)
AED 230,591
Deposit, non-resident (40%)
AED 461,182
Monthly over 25 years at 3.7%
AED 4,717

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