405, Mag 970
Sold prices and rental history: sold 3 times, last in May 2025, and rented once, from May 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Mag 970
What is 405 worth today?
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Source: Dubai Land Department. Updated 23 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 409 sqft
- Floor
- 4th of 8
- Parking
- G-34
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 740K · May 2025
- Building
- Mag 970
About 405, Mag 970
405 is a studio of 409 sqft on the 4th floor of Mag 970, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 26 May 2025 for AED 740,000, or AED 1,807 per sqft, 11% above the AED 1,629 studios in the building were fetching at the time.
One Ejari contract is registered, from 23 May 2026. The current contract, signed on 23 May 2026, is AED 50,000 a year: a gross yield of 6.8% on the 2025 price.
Sales and rents for 405 over time
405 has sold 3 times; 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 405 sits
All 40 studios →405 last sold in May 2025 at AED 1,807 per sqft, 11% above what studios in Mag 970 were fetching at the time (AED 1,629). 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. 405's AED 50,000 is in the lower 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 | ||
| 21 Mar 202521 March 2025 | 408 sqft | 725,000 | 1,774 |
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 | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 903 sqft | AED 1.3MAED 1,303,616 · Jul 2022July 2022 | 95,000 /yr | |
| 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 | ||
| 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 |
405, Mag 970 in numbers
- Sold 3 times: first on 17 October 2021 for AED 533,360, last on 26 May 2025 for AED 740,000 (AED 1,807 per sqft).
- Rented since May 2026 on one Ejari contract, at AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2025 price is 6.8%.
- 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 23 May 2026.
Questions about 405, Mag 970
What did unit 405 last sell for?
AED 740,000 on 26 May 2025: AED 1,807 per sqft for 409 sqft. The unit has 3 registered sales; the first was AED 533,360 in October 2021.
What is the rent for unit 405?
AED 50,000 a year on the contract signed on 23 May 2026.
How big is unit 405?
409 sqft (38.0 sqm): a studio on the 4th floor of a 8-storey tower completed in 2023.
What is unit 405 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 405, Mag 970
Starts from the last sale price (AED 740K, 26 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 740,000
- Deposit, UAE resident (20%)
- AED 148,000
- Deposit, non-resident (40%)
- AED 296,000
- Monthly over 25 years at 3.7%
- AED 3,028
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →