508, Mag 970
Sold prices and rental history: sold once, by the developer in October 2021, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Mag 970
What is 508 worth today?
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Source: Dubai Land Department. Updated 30 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 802 sqft
- Floor
- 5th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 850K · October 2021
- Building
- Mag 970
About 508, Mag 970
508 is a one-bedroom apartment of 802 sqft on the 5th floor of Mag 970, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 17 October 2021 for AED 850,000, or AED 1,059 per sqft.
One Ejari contract is registered, from 30 August 2025. The current contract, signed on 30 August 2025, is AED 90,000 a year: a gross yield of 10.6% on the 2021 price.
Sales and rents for 508 over time
508 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 508 sits
All 56 1-beds →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. 508's AED 90,000 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 5th floor
All 96 units in Mag 970| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 903 sqft | AED 1.32MAED 1,316,963 · May 2022May 2022 | 75,000 /yr | |
| 502 | 1-bed | 869 sqft | AED 1.1MAED 1,095,451 · Jul 2022July 2022 | ||
| 503 | Studio | 408 sqft | AED 725KAED 725,000 · Mar 2025March 2025 | 55,000 /yr | |
| 504 | Studio | 417 sqft | AED 652KAED 652,288 · Dec 2021December 2021 | 57,000 /yr | |
| 505 | Studio | 417 sqft | AED 635KAED 635,000 · Mar 2024March 2024 | 66,000 /yr | |
| 506 | Studio | 417 sqft | AED 505KAED 505,000 · Oct 2021October 2021 | 52,000 /yr | |
| 507 | Studio | 417 sqft | AED 780KAED 779,520 · Nov 2023November 2023 | 55,000 /yr | |
| 509 | 1-bed | 797 sqft | AED 1.1MAED 1,100,000 · Sep 2025September 2025 | ||
| 510 | 1-bed | 752 sqft | AED 990KAED 990,000 · Feb 2022February 2022 | ||
| 511 | 1-bed | 796 sqft | AED 1.1MAED 1,100,000 · Apr 2022April 2022 | 75,000 /yr | |
| 512 | 1-bed | 843 sqft | AED 1.31MAED 1,307,324 · Jul 2022July 2022 | 83,000 /yr |
508, Mag 970 in numbers
- Sold once: by MAG on 17 October 2021 for AED 850,000, or AED 1,059 per sqft.
- Rented since August 2025 on one Ejari contract, at AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2021 price is 10.6%.
- 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 30 August 2025.
Questions about 508, Mag 970
What did unit 508 last sell for?
AED 850,000 on 17 October 2021, sold by the developer: AED 1,059 per sqft for 802 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 90,000 a year on the contract signed on 30 August 2025.
How big is unit 508?
802 sqft (74.5 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2023.
What is unit 508 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 508, Mag 970
Starts from the last sale price (AED 850K, 17 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →