1-bed · 869 sqftMag 970, District Seven · 7th floor · completed 2023

702, Mag 970

Sold prices and rental history: sold once, by the developer in February 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 29 June 2026
Last soldAED 1.26M16 February 2023
Current rentAED 75K /yr29 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Mag 970

What is 702 worth today?

Last sold for AED 1,261,434 in 2023

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29 Jun 2026RentedNew contract
AED 75,000/yr12 months · AED 87 per sqft
19 Feb 2025RentedNew contract
AED 93,000/yr12 months · AED 108 per sqft
19 Feb 2025RentedNew contract
AED 93,000/yr12 months · AED 108 per sqft
16 Feb 2023Sold by developerOff-plan
AED 1,261,434AED 1,452 per sqft

Source: Dubai Land Department. Updated 29 June 2026.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
7th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 1.26M · February 2023
Building
Mag 970

About 702, Mag 970

702 is a one-bedroom apartment of 869 sqft on the 7th floor of Mag 970, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 16 February 2023 for AED 1,261,434, or AED 1,452 per sqft, in line with the AED 1,444 one-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 29 June 2026, is AED 75,000 a year: a gross yield of 5.9% on the 2023 price.

Sales and rents for 702 over time

Sales
Unit 702, 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, February 2023: AED 1,261,434 (AED 1,452 per sqft)

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

Rents
Unit 702, each contractTypical one-bed in Mag 970
80K90K202520262027Typical rent by year: 2025 AED 95,000; 2026 AED 80,000New contract, February 2025: AED 93,000 a yearNew contract, February 2025: AED 93,000 a yearNew contract, June 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 702 sits

All 56 1-beds →

702 last sold in February 2023 at AED 1,452 per sqft, in line with what one-beds in Mag 970 were fetching at the time (AED 1,444). 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. 702'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 7th floor

All 96 units in Mag 970
Value
7011-bedAED 1.3M · Feb 2026
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

702, Mag 970 in numbers

  • Sold once: by MAG on 16 February 2023 for AED 1,261,434, or AED 1,452 per sqft.
  • Rented since February 2025 on 3 Ejari contracts, from AED 93,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 5.9%.
  • 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 29 June 2026.

Questions about 702, Mag 970

What did unit 702 last sell for?

AED 1,261,434 on 16 February 2023, sold by the developer: AED 1,452 per sqft for 869 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 75,000 a year on the contract signed on 29 June 2026. The previous contract, from February 2025, was AED 93,000; the unit has been rented since February 2025.

How big is unit 702?

869 sqft (80.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2023.

What is unit 702 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 702, Mag 970

Starts from the last sale price (AED 1.26M, 16 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,261,434
Deposit, UAE resident (20%)
AED 252,287
Deposit, non-resident (40%)
AED 504,574
Monthly over 25 years at 3.7%
AED 5,161

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