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MAG 970

Apartment 1 BR MAG Group

BELOW MARKET

Total Price

1,300,000

Rate

1,444 AED/sqft

Size

900 sqft

Comparable sales

View area trends

Rental context

Comparable 1-bedroom apartments in Dubai Hills Estate rent for a median of 90,000/yr across 164 Ejari contracts in the last two years.

Median annual rent
90,000
Sale price (this txn)
1,300,000
Implied gross yield
6.9%

Yield = median annual rent ÷ this transaction's sale price. Rent and sale data are independent — rent is from the Ejari rental-contracts feed, price is from this DLD transaction. Implied yield is gross (no service charges, agency fees, or vacancy).

Verdict logic

This transaction cleared at 1,444 AED/sqft, below market compared with the median of comparable apartment sales in Dubai Hills Estate.

  • Comparable median: 2,042 AED/sqft across 6arm's-length sales weighted by location, size, beds and recency.
  • Delta vs comparable median: −29.3%.
  • Gifts and mortgages excluded.
highSale

Location context

Dubai Hills Estate · MAG Group

Centroid shown — DLD parcel coordinates ship with the live data feed.

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Verify & cross-reference

Open MAG 970 on DXB Interact

DXB Interact's building page lists every registered sale — filter by date or price to find this one. The “DLD ref” below is the transaction id from DLD's open dataset for your own records.

Building
MAG 970, Dubai Hills Estate
in HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7 · project: MAG EYE Phase 1
Sale date
05 Feb 2026
Procedure
Sell · Ready · arm's-length
DLD ref
DLD-1-11-2026-5182
DLD AED/sqm
15,541(our derived AED/sqft: 1,444)
Publishedby DLD on 20 May 2026
▸ Raw DLD record
transaction_id
dld-1-11-2026-5182
instance_date
2026-02-05
area_name_en
Dubai Hills Estate
master_project_en
HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7
project_name_en
MAG EYE Phase 1
building_name_en
MAG 970
property_type_en
Apartment
rooms
1 BR
size_sqft
900
actual_worth
AED 1,300,000
meter_sale_price
15,541 AED/sqm
procedure_name_en
Sell
reg_type_en
Existing Properties
property_usage_en
Residential
has_parking
yes
parties (seller / buyer)
1 / 1
nearest_landmark_en
nearest_metro_en
nearest_mall_en
load_timestamp
2026-05-20T13:18:43.000Z

This record is pulled directly from the Dubai Land Department's open data portal. The “DLD ref” field above is the registered DLD transaction id — use the DXB Interact lookup to cross-check; the building, area, date and price will match the public record. Heart Homes is not affiliated with the Department.DLD open-data home ↗