1-bed · 900 sqftMag 970, District Seven · 7th floor · completed 2023

701, Mag 970

Sold prices and rental history: sold 3 times, last in February 2026, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 1.3M4 February 2026
Current rentAED 79K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Mag 970

What is 701 worth today?

Last sold for AED 1,300,000 in 2026

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Oct 2026RentedNew contract
AED 78,788/yr12 months · AED 87 per sqft
4 Feb 2026SoldReady
AED 1,300,000AED 1,443 per sqft
29 Aug 2023SoldOff-plan
AED 1,200,000AED 1,329 per sqft
17 Nov 2022Sold by developerOff-plan
AED 1,371,080AED 1,518 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
1-bed apartment
Size
900 sqft
Floor
7th of 8
Parking
G-91
Developer
MAG
Completed
2023
Last sold
AED 1.3M · February 2026
Building
Mag 970

About 701, Mag 970

701 is a one-bedroom apartment of 900 sqft on the 7th floor of Mag 970, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 4 February 2026 for AED 1,300,000, or AED 1,443 per sqft, 14% below the AED 1,678 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2026. The current contract, signed on 1 October 2026, is AED 78,788 a year: a gross yield of 6.1% on the 2026 price.

Sales and rents for 701 over time

Sales
Unit 701, 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, November 2022: AED 1,371,080 (AED 1,518 per sqft)Sold, August 2023: AED 1,200,000 (AED 1,329 per sqft)Sold, February 2026: AED 1,300,000 (AED 1,443 per sqft)

701 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 701, each contractTypical one-bed in Mag 970
80K90K202520262027Typical rent by year: 2025 AED 95,000; 2026 AED 80,000New contract, October 2026: AED 78,788 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 701 sits

All 56 1-beds →

701 last sold in February 2026 at AED 1,443 per sqft, 14% below what one-beds in Mag 970 were fetching at the time (AED 1,678). 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. 701's AED 78,788 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
12 Jan 20261,380,000
21 Nov 20251,400,000
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 7th floor

All 96 units in Mag 970
Value
7021-bedAED 1.26M · Feb 2023
703StudioAED 525K · Aug 2021
704StudioAED 525K · Aug 2021
705StudioAED 640K · Feb 2025
706StudioAED 455K · Jan 2024
707StudioAED 491K · Aug 2021
7081-bedAED 820K · May 2022
1–7 of 11

701, Mag 970 in numbers

  • Sold 3 times: first on 17 November 2022 for AED 1,371,080, last on 4 February 2026 for AED 1,300,000 (AED 1,443 per sqft).
  • Rented since October 2026 on one Ejari contract, at AED 78,788 a year.
  • At AED 78,788 a year the gross yield on the 2026 price is 6.1%.
  • 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 1 October 2026.

Questions about 701, Mag 970

What did unit 701 last sell for?

AED 1,300,000 on 4 February 2026: AED 1,443 per sqft for 900 sqft. The unit has 3 registered sales; the first was AED 1,371,080 in November 2022.

What is the rent for unit 701?

AED 78,788 a year on the contract signed on 1 October 2026.

How big is unit 701?

900 sqft (83.6 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2023.

What is unit 701 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.

Selling 701? 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.

How OpenOffers works

Mortgage on 701, Mag 970

Starts from the last sale price (AED 1.3M, 4 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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