406, Mag 970
Sold prices and rental history: sold twice, last in June 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Mag 970
What is 406 worth today?
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Source: Dubai Land Department. Updated 9 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 417 sqft
- Floor
- 4th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 660K · June 2023
- Building
- Mag 970
About 406, Mag 970
406 is a studio of 417 sqft on the 4th floor of Mag 970, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 6 June 2023 for AED 660,000, or AED 1,583 per sqft, in line with the AED 1,583 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 9 September 2026, is AED 50,000 a year: a gross yield of 7.6% on the 2023 price.
Sales and rents for 406 over time
406 has sold twice; 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 406 sits
All 40 studios →406 last sold in June 2023 at AED 1,583 per sqft, in line with what studios in Mag 970 were fetching at the time (AED 1,583). 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. 406'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 | ||
| 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 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 | ||
| 405 | Studio | 409 sqft | AED 740KAED 740,000 · May 2025May 2025 | 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 |
406, Mag 970 in numbers
- Sold twice: first on 22 December 2021 for AED 499,000, last on 6 June 2023 for AED 660,000 (AED 1,583 per sqft).
- Rented since December 2024 on 2 Ejari contracts, from AED 65,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2023 price is 7.6%.
- 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 9 September 2026.
Questions about 406, Mag 970
What did unit 406 last sell for?
AED 660,000 on 6 June 2023: AED 1,583 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 499,000 in December 2021.
What is the rent for unit 406?
AED 50,000 a year on the contract signed on 9 September 2026. The previous contract, from December 2024, was AED 65,000.
How big is unit 406?
417 sqft (38.7 sqm): a studio on the 4th floor of a 8-storey tower completed in 2023.
What is unit 406 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 406, Mag 970
Starts from the last sale price (AED 660K, 6 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 660,000
- Deposit, UAE resident (20%)
- AED 132,000
- Deposit, non-resident (40%)
- AED 264,000
- Monthly over 25 years at 3.7%
- AED 2,700
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →