706, Mag 970
Sold prices and rental history: sold once, by the developer in January 2024, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Mag 970
What is 706 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 417 sqft
- Floor
- 7th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 455K · January 2024
- Building
- Mag 970
About 706, Mag 970
706 is a studio of 417 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 10 January 2024 for AED 455,312, or AED 1,092 per sqft, 41% below the AED 1,854 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 November 2024. The current contract, signed on 1 November 2024, is AED 60,162 a year: a gross yield of 13.2% on the 2024 price.
Sales and rents for 706 over time
706 has sold once; the dashed line is the studio median of each year in the building.
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 706 sits
All 40 studios →706 last sold in January 2024 at AED 1,092 per sqft, 41% below what studios in Mag 970 were fetching at the time (AED 1,854). 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. 706's AED 60,162 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 411 sqft | 600,000 | 1,459 | ||
| 13 Apr 202613 April 2026 | 413 sqft | 640,000 | 1,549 | ||
| 2 Jun 20252 June 2025 | 408 sqft | 802,000 | 1,963 | ||
| 26 May 202526 May 2025 | 409 sqft | 740,000 | 1,807 |
Mag 970
Building96 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%
Other units on the 7th floor
All 96 units in Mag 970| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 900 sqft | AED 1.3MAED 1,300,000 · Feb 2026February 2026 | 78,788 /yr | |
| 702 | 1-bed | 869 sqft | AED 1.26MAED 1,261,434 · Feb 2023February 2023 | 75,000 /yr | |
| 703 | Studio | 415 sqft | AED 525KAED 524,500 · Aug 2021August 2021 | 53,000 /yr | |
| 704 | Studio | 417 sqft | AED 525KAED 524,500 · Aug 2021August 2021 | 50,769 /yr | |
| 705 | Studio | 409 sqft | AED 640KAED 640,000 · Feb 2025February 2025 | ||
| 707 | Studio | 417 sqft | AED 491KAED 490,800 · Aug 2021August 2021 | 50,000 /yr | |
| 708 | 1-bed | 802 sqft | AED 820KAED 820,000 · May 2022May 2022 | ||
| 709 | 1-bed | 802 sqft | AED 820KAED 820,000 · May 2022May 2022 | ||
| 710 | 1-bed | 746 sqft | AED 1.38MAED 1,380,000 · Jan 2026January 2026 | 90,000 /yr | |
| 711 | 1-bed | 787 sqft | AED 1.4MAED 1,400,000 · Feb 2025February 2025 | ||
| 712 | 1-bed | 843 sqft | AED 1.2MAED 1,197,223 · Oct 2022October 2022 | 80,000 /yr |
706, Mag 970 in numbers
- Sold once: by MAG on 10 January 2024 for AED 455,312, or AED 1,092 per sqft.
- Rented since November 2024 on one Ejari contract, at AED 60,162 a year.
- At AED 60,162 a year the gross yield on the 2024 price is 13.2%.
- 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 1 November 2024.
Questions about 706, Mag 970
What did unit 706 last sell for?
AED 455,312 on 10 January 2024, sold by the developer: AED 1,092 per sqft for 417 sqft. It is the only registered sale of the unit.
What is the rent for unit 706?
AED 60,162 a year on the contract signed on 1 November 2024.
How big is unit 706?
417 sqft (38.7 sqm): a studio on the 7th floor of a 8-storey tower completed in 2023.
What is unit 706 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 706, Mag 970
Starts from the last sale price (AED 455K, 10 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 455,312
- Deposit, UAE resident (20%)
- AED 91,062
- Deposit, non-resident (40%)
- AED 182,125
- Monthly over 25 years at 3.7%
- AED 1,863
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →