Studio · 415 sqftMag 970, District Seven · 6th floor · completed 2023

603, Mag 970

Sold prices and rental history: sold twice, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 16 November 2022
Last soldAED 649K16 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Mag 970

What is 603 worth today?

Last sold for AED 649,430 in 2022

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16 Nov 2022SoldOff-plan
AED 649,430AED 1,566 per sqft
24 May 2022Sold by developerOff-plan
AED 649,430AED 1,566 per sqft

Source: Dubai Land Department. Updated 16 November 2022.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
6th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 649K · November 2022
Building
Mag 970

About 603, Mag 970

603 is a studio of 415 sqft on the 6th floor of Mag 970, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 16 November 2022 for AED 649,430, or AED 1,566 per sqft, in line with the AED 1,565 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical studio in Mag 970
500K600K700K202120232025Typical sale price by year: 2021 AED 524,000; 2022 AED 653,900; 2023 AED 716,572; 2024 AED 672,500; 2025 AED 732,500Sold by developer, May 2022: AED 649,430 (AED 1,566 per sqft)Sold, November 2022: AED 649,430 (AED 1,566 per sqft)

603 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 603, each contractTypical studio in Mag 970
50K60K2024202520262027Typical rent by year: 2024 AED 62,581; 2025 AED 55,000; 2026 AED 50,500

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 603 sits

All 40 studios →

603 last sold in November 2022 at AED 1,566 per sqft, in line with what studios in Mag 970 were fetching at the time (AED 1,565). 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 salesUnit no.Price (AED)Summary
7 Sep 2026600,000
13 Apr 2026640,000
2 Jun 2025802,000
26 May 2025740,000
2 studio 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
6011-bedAED 1.25M · May 2022
6021-bedAED 1.2M · Apr 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

603, Mag 970 in numbers

  • Sold twice: first on 24 May 2022 for AED 649,430, last on 16 November 2022 for AED 649,430 (AED 1,566 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 16 November 2022.

Questions about 603, Mag 970

What did unit 603 last sell for?

AED 649,430 on 16 November 2022: AED 1,566 per sqft for 415 sqft. The unit has 2 registered sales; the first was AED 649,430 in May 2022.

How big is unit 603?

415 sqft (38.6 sqm): a studio on the 6th floor of a 8-storey tower completed in 2023.

What is unit 603 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 603, Mag 970

Starts from the last sale price (AED 649K, 16 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 649,430
Deposit, UAE resident (20%)
AED 129,886
Deposit, non-resident (40%)
AED 259,772
Monthly over 25 years at 3.7%
AED 2,657

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