401, Mag 970
Sold prices and rental history: sold once, by the developer in July 2022, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Mag 970
What is 401 worth today?
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Source: Dubai Land Department. Updated 15 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 903 sqft
- Floor
- 4th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 1.3M · July 2022
- Building
- Mag 970
About 401, Mag 970
401 is a one-bedroom apartment of 903 sqft on the 4th floor of Mag 970, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 12 July 2022 for AED 1,303,616, or AED 1,444 per sqft, 7% above the AED 1,347 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 February 2026. The current contract, renewed on 15 February 2026, is AED 95,000 a year: a gross yield of 7.3% on the 2022 price.
Sales and rents for 401 over time
401 has sold once; the dashed line is the one-bed median of each year in the building.
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 401 sits
All 56 1-beds →401 last sold in July 2022 at AED 1,444 per sqft, 7% above what one-beds in Mag 970 were fetching at the time (AED 1,347). 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. 401's AED 95,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 863 sqft | 1,190,000 | 1,379 | ||
| 17 Jun 202617 June 2026 | 793 sqft | 1,200,000 | 1,513 | ||
| 4 Feb 20264 February 2026 | 900 sqft | 1,300,000 | 1,443 | ||
| 12 Jan 202612 January 2026 | 746 sqft | 1,380,000 | 1,850 |
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 4th floor
All 96 units in Mag 970| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 863 sqft | AED 1.4MAED 1,400,000 · Nov 2025November 2025 | 69,812 /yr | |
| 403 | Studio | 415 sqft | AED 524KAED 524,000 · Aug 2021August 2021 | 53,000 /yr | |
| 404 | Studio | 417 sqft | AED 524KAED 524,000 · Aug 2021August 2021 | ||
| 405 | Studio | 409 sqft | AED 740KAED 740,000 · May 2025May 2025 | 50,000 /yr | |
| 406 | Studio | 417 sqft | AED 660KAED 660,000 · Jun 2023June 2023 | 50,000 /yr | |
| 407 | Studio | 417 sqft | AED 499KAED 499,000 · Dec 2021December 2021 | ||
| 408 | 1-bed | 793 sqft | AED 1.2MAED 1,200,000 · Jun 2026June 2026 | ||
| 409 | 1-bed | 802 sqft | AED 820KAED 820,000 · Feb 2022February 2022 | ||
| 410 | 1-bed | 752 sqft | AED 996KAED 996,300 · Apr 2022April 2022 | ||
| 411 | 1-bed | 796 sqft | AED 1.1MAED 1,100,000 · Apr 2022April 2022 | 80,000 /yr | |
| 412 | 1-bed | 834 sqft | AED 1.35MAED 1,350,000 · Feb 2025February 2025 | 96,000 /yr |
401, Mag 970 in numbers
- Sold once: by MAG on 12 July 2022 for AED 1,303,616, or AED 1,444 per sqft.
- Rented since February 2026 on one Ejari contract, at AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2022 price is 7.3%.
- 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 15 February 2026.
Questions about 401, Mag 970
What did unit 401 last sell for?
AED 1,303,616 on 12 July 2022, sold by the developer: AED 1,444 per sqft for 903 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 95,000 a year on the contract renewed on 15 February 2026.
How big is unit 401?
903 sqft (83.9 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2023.
What is unit 401 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 401, Mag 970
Starts from the last sale price (AED 1.3M, 12 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,303,616
- Deposit, UAE resident (20%)
- AED 260,723
- Deposit, non-resident (40%)
- AED 521,446
- Monthly over 25 years at 3.7%
- AED 5,333
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →