Studio · 408 sqftMag 970, District Seven · 8th floor · completed 2023

803, Mag 970

Sold prices and rental history: sold twice, last in June 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 26 February 2026
Last soldAED 802K2 June 2025
Current rentAED 63K /yr26 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Mag 970

What is 803 worth today?

Last sold for AED 802,000 in 2025

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26 Feb 2026RentedNew contract
AED 63,000/yr12 months · AED 154 per sqft
6 Oct 2025RentedNew contract
AED 60,000/yr12 months · AED 147 per sqft
2 Jun 2025SoldReady
AED 802,000AED 1,963 per sqft
27 Mar 2023Sold by developerOff-plan
AED 777,189AED 1,874 per sqft

Source: Dubai Land Department. Updated 26 February 2026.

Key facts

Type
Studio apartment
Size
408 sqft
Floor
8th of 8
Parking
G-20
Developer
MAG
Completed
2023
Last sold
AED 802K · June 2025
Building
Mag 970

About 803, Mag 970

803 is a studio of 408 sqft on the 8th floor of Mag 970, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 2 June 2025 for AED 802,000, or AED 1,963 per sqft, 15% above the AED 1,702 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 26 February 2026, is AED 63,000 a year: a gross yield of 7.9% on the 2025 price.

Sales and rents for 803 over time

Sales
Unit 803, each saleTypical studio in Mag 970
600K800K202120232025Typical 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, March 2023: AED 777,189 (AED 1,874 per sqft)Sold, June 2025: AED 802,000 (AED 1,963 per sqft)

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

Rents
Unit 803, each contractTypical studio in Mag 970
50K60K2024202520262027Typical rent by year: 2024 AED 62,581; 2025 AED 55,000; 2026 AED 50,500New contract, October 2025: AED 60,000 a yearNew contract, February 2026: AED 63,000 a year

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 803 sits

All 40 studios →

803 last sold in June 2025 at AED 1,963 per sqft, 15% above what studios in Mag 970 were fetching at the time (AED 1,702). 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. 803's AED 63,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
7 Sep 2026600,000
13 Apr 2026640,000
26 May 2025740,000
21 Mar 2025725,000
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 8th floor

All 96 units in Mag 970
Value
8011-bedAED 1.48M · Mar 2023
8021-bedAED 1.31M · Nov 2022
804StudioAED 810K · Jan 2024
805StudioAED 780K · Jan 2024
806StudioAED 640K · Apr 2026
807StudioAED 670K · Nov 2024
8081-bedAED 1.38M · Jul 2025
1–7 of 11

803, Mag 970 in numbers

  • Sold twice: first on 27 March 2023 for AED 777,189, last on 2 June 2025 for AED 802,000 (AED 1,963 per sqft).
  • Rented since October 2025 on 2 Ejari contracts, from AED 60,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2025 price is 7.9%.
  • 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 26 February 2026.

Questions about 803, Mag 970

What did unit 803 last sell for?

AED 802,000 on 2 June 2025: AED 1,963 per sqft for 408 sqft. The unit has 2 registered sales; the first was AED 777,189 in March 2023.

What is the rent for unit 803?

AED 63,000 a year on the contract signed on 26 February 2026. The previous contract, from October 2025, was AED 60,000.

How big is unit 803?

408 sqft (37.9 sqm): a studio on the 8th floor of a 8-storey tower completed in 2023.

What is unit 803 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 803, Mag 970

Starts from the last sale price (AED 802K, 2 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 802,000
Deposit, UAE resident (20%)
AED 160,400
Deposit, non-resident (40%)
AED 320,800
Monthly over 25 years at 3.7%
AED 3,281

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