Studio · 415 sqftMag 970, District Seven · 4th floor · completed 2023

403, Mag 970

Sold prices and rental history: sold once, by the developer in August 2021, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 15 February 2026
Last soldAED 524K16 August 2021
Current rentAED 53K /yr15 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Mag 970

What is 403 worth today?

Last sold for AED 524,000 in 2021

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15 Feb 2026RentedRenewal
AED 53,000/yr12 months · AED 130 per sqft
16 Aug 2021Sold by developerOff-plan
AED 524,000AED 1,264 per sqft

Source: Dubai Land Department. Updated 15 February 2026.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
4th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 524K · August 2021
Building
Mag 970

About 403, Mag 970

403 is a studio of 415 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 16 August 2021 for AED 524,000, or AED 1,264 per sqft, in line with the AED 1,258 studios 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 53,000 a year: a gross yield of 10.1% on the 2021 price.

Sales and rents for 403 over time

Sales
Unit 403, 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, August 2021: AED 524,000 (AED 1,264 per sqft)

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

Rents
Unit 403, each contractTypical studio in Mag 970
50K60K2024202520262027Typical rent by year: 2024 AED 62,581; 2025 AED 55,000; 2026 AED 50,500Renewal, February 2026: AED 53,000 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 403 sits

All 40 studios →

403 last sold in August 2021 at AED 1,264 per sqft, in line with 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. 403's AED 53,000 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 4th floor

All 96 units in Mag 970
Value
4011-bedAED 1.3M · Jul 2022
4021-bedAED 1.4M · Nov 2025
404StudioAED 524K · Aug 2021
405StudioAED 740K · May 2025
406StudioAED 660K · Jun 2023
407StudioAED 499K · Dec 2021
4081-bedAED 1.2M · Jun 2026
1–7 of 11

403, Mag 970 in numbers

  • Sold once: by MAG on 16 August 2021 for AED 524,000, or AED 1,264 per sqft.
  • Rented since February 2026 on one Ejari contract, at AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2021 price is 10.1%.
  • 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 15 February 2026.

Questions about 403, Mag 970

What did unit 403 last sell for?

AED 524,000 on 16 August 2021, sold by the developer: AED 1,264 per sqft for 415 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 53,000 a year on the contract renewed on 15 February 2026.

How big is unit 403?

415 sqft (38.6 sqm): a studio on the 4th floor of a 8-storey tower completed in 2023.

What is unit 403 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 403, Mag 970

Starts from the last sale price (AED 524K, 16 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 524,000
Deposit, UAE resident (20%)
AED 104,800
Deposit, non-resident (40%)
AED 209,600
Monthly over 25 years at 3.7%
AED 2,144

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