407, Mag 970
Sold prices and rental history: sold once, by the developer in December 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Mag 970
What is 407 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 December 2021.
Key facts
- Type
- Studio apartment
- Size
- 417 sqft
- Floor
- 4th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 499K · December 2021
- Building
- Mag 970
About 407, Mag 970
407 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. The developer sold it on 5 December 2021 for AED 499,000, or AED 1,196 per sqft, 5% below the AED 1,257 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 407 over time
407 has sold once; 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 407 sits
All 40 studios →407 last sold in December 2021 at AED 1,196 per sqft, 5% below what studios in Mag 970 were fetching at the time (AED 1,257). 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.
| 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 | |
| 406 | Studio | 417 sqft | AED 660KAED 660,000 · Jun 2023June 2023 | 50,000 /yr | |
| 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 |
407, Mag 970 in numbers
- Sold once: by MAG on 5 December 2021 for AED 499,000, or AED 1,196 per sqft.
- 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 5 December 2021.
Questions about 407, Mag 970
What did unit 407 last sell for?
AED 499,000 on 5 December 2021, sold by the developer: AED 1,196 per sqft for 417 sqft. It is the only registered sale of the unit.
How big is unit 407?
417 sqft (38.7 sqm): a studio on the 4th floor of a 8-storey tower completed in 2023.
What is unit 407 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.
Selling 407? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 407, Mag 970
Starts from the last sale price (AED 499K, 5 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 499,000
- Deposit, UAE resident (20%)
- AED 99,800
- Deposit, non-resident (40%)
- AED 199,600
- Monthly over 25 years at 3.7%
- AED 2,042
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →