1-bed · 796 sqftMag 970, District Seven · 5th floor · completed 2023

511, Mag 970

Sold prices and rental history: sold once, by the developer in April 2022, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 5 September 2026
Last soldAED 1.1M22 April 2022
Current rentAED 75K /yr5 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Mag 970

What is 511 worth today?

Last sold for AED 1,100,000 in 2022

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5 Sep 2026RentedNew contract
AED 75,000/yr12 months · AED 95 per sqft
22 Apr 2022Sold by developerOff-plan
AED 1,100,000AED 1,382 per sqft

Source: Dubai Land Department. Updated 5 September 2026.

Key facts

Type
1-bed apartment
Size
796 sqft
Floor
5th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 1.1M · April 2022
Building
Mag 970

About 511, Mag 970

511 is a one-bedroom apartment of 796 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 22 April 2022 for AED 1,100,000, or AED 1,382 per sqft, in line with the AED 1,342 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 September 2026. The current contract, signed on 5 September 2026, is AED 75,000 a year: a gross yield of 6.8% on the 2022 price.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical one-bed in Mag 970
1M1.25M2021202320252027Typical sale price by year: 2021 AED 850,000; 2022 AED 1,140,000; 2023 AED 1,264,114; 2025 AED 1,387,500; 2026 AED 1,250,000Sold by developer, April 2022: AED 1,100,000 (AED 1,382 per sqft)

511 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 511, each contractTypical one-bed in Mag 970
80K90K202520262027Typical rent by year: 2025 AED 95,000; 2026 AED 80,000New contract, September 2026: AED 75,000 a year

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 511 sits

All 56 1-beds →

511 last sold in April 2022 at AED 1,382 per sqft, in line with what one-beds in Mag 970 were fetching at the time (AED 1,342). 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. 511's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20261,190,000
17 Jun 20261,200,000
4 Feb 20261,300,000
12 Jan 20261,380,000
5 1-bed 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 5th floor

All 96 units in Mag 970
Value
5011-bedAED 1.32M · May 2022
5021-bedAED 1.1M · Jul 2022
503StudioAED 725K · Mar 2025
504StudioAED 652K · Dec 2021
505StudioAED 635K · Mar 2024
506StudioAED 505K · Oct 2021
507StudioAED 780K · Nov 2023
1–7 of 11

511, Mag 970 in numbers

  • Sold once: by MAG on 22 April 2022 for AED 1,100,000, or AED 1,382 per sqft.
  • Rented since September 2026 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 6.8%.
  • 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 5 September 2026.

Questions about 511, Mag 970

What did unit 511 last sell for?

AED 1,100,000 on 22 April 2022, sold by the developer: AED 1,382 per sqft for 796 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 75,000 a year on the contract signed on 5 September 2026.

How big is unit 511?

796 sqft (74.0 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2023.

What is unit 511 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 511, Mag 970

Starts from the last sale price (AED 1.1M, 22 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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