Studio · 409 sqftMag 970, District Seven · 7th floor · completed 2023

705, Mag 970

Sold prices and rental history: sold twice, last in February 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 4 February 2025
Last soldAED 640K4 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Mag 970

What is 705 worth today?

Last sold for AED 640,000 in 2025

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4 Feb 2025SoldReady
AED 640,000AED 1,563 per sqft
16 Aug 2021Sold by developerOff-plan
AED 524,500AED 1,258 per sqft

Source: Dubai Land Department. Updated 4 February 2025.

Key facts

Type
Studio apartment
Size
409 sqft
Floor
7th of 8
Parking
G-13
Developer
MAG
Completed
2023
Last sold
AED 640K · February 2025
Building
Mag 970

About 705, Mag 970

705 is a studio of 409 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 2025 for AED 640,000, or AED 1,563 per sqft, in line with the AED 1,591 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 705 over time

Sales
Unit 705, 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, August 2021: AED 524,500 (AED 1,258 per sqft)Sold, February 2025: AED 640,000 (AED 1,563 per sqft)

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

Rents
Unit 705, 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 705 sits

All 40 studios →

705 last sold in February 2025 at AED 1,563 per sqft, in line with what studios in Mag 970 were fetching at the time (AED 1,591). 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 7th floor

All 96 units in Mag 970
Value
7011-bedAED 1.3M · Feb 2026
7021-bedAED 1.26M · Feb 2023
703StudioAED 525K · Aug 2021
704StudioAED 525K · Aug 2021
706StudioAED 455K · Jan 2024
707StudioAED 491K · Aug 2021
7081-bedAED 820K · May 2022
1–7 of 11

705, Mag 970 in numbers

  • Sold twice: first on 16 August 2021 for AED 524,500, last on 4 February 2025 for AED 640,000 (AED 1,563 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 4 February 2025.

Questions about 705, Mag 970

What did unit 705 last sell for?

AED 640,000 on 4 February 2025: AED 1,563 per sqft for 409 sqft. The unit has 2 registered sales; the first was AED 524,500 in August 2021.

How big is unit 705?

409 sqft (38.0 sqm): a studio on the 7th floor of a 8-storey tower completed in 2023.

What is unit 705 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 705, Mag 970

Starts from the last sale price (AED 640K, 4 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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