1-bed · 903 sqftMag 970, District Seven · 6th floor · completed 2023

601, Mag 970

Sold prices and rental history: sold once, by the developer in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 24 May 2022
Last soldAED 1.25M24 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Mag 970

What is 601 worth today?

Last sold for AED 1,250,000 in 2022

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24 May 2022Sold by developerOff-plan
AED 1,250,000AED 1,384 per sqft

Source: Dubai Land Department. Updated 24 May 2022.

Key facts

Type
1-bed apartment
Size
903 sqft
Floor
6th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 1.25M · May 2022
Building
Mag 970

About 601, Mag 970

601 is a one-bedroom apartment of 903 sqft on the 6th floor of Mag 970, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 24 May 2022 for AED 1,250,000, or AED 1,384 per sqft, 4% above the AED 1,337 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 601 over time

Sales
Unit 601, 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, May 2022: AED 1,250,000 (AED 1,384 per sqft)

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

Rents
Unit 601, each contractTypical one-bed in Mag 970
80K90K202520262027Typical rent by year: 2025 AED 95,000; 2026 AED 80,000

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 601 sits

All 56 1-beds →

601 last sold in May 2022 at AED 1,384 per sqft, 4% above what one-beds in Mag 970 were fetching at the time (AED 1,337). 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.

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 6th floor

All 96 units in Mag 970
Value
6021-bedAED 1.2M · Apr 2022
603StudioAED 649K · Nov 2022
604StudioAED 600K · Sep 2026
605StudioAED 670K · May 2022
606StudioAED 773K · Mar 2023
607StudioAED 670K · Feb 2022
6081-bedAED 1.46M · Jul 2025
1–7 of 11

601, Mag 970 in numbers

  • Sold once: by MAG on 24 May 2022 for AED 1,250,000, or AED 1,384 per sqft.
  • 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 24 May 2022.

Questions about 601, Mag 970

What did unit 601 last sell for?

AED 1,250,000 on 24 May 2022, sold by the developer: AED 1,384 per sqft for 903 sqft. It is the only registered sale of the unit.

How big is unit 601?

903 sqft (83.9 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2023.

What is unit 601 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 601, Mag 970

Starts from the last sale price (AED 1.25M, 24 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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