Studio · 415 sqftMag 980, District Seven · 1st floor · completed 2023

103, Mag 980

Sold prices and rental history: sold twice, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 640K1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Mag 980

What is 103 worth today?

Last sold for AED 640,000 in 2024

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1 Jul 2024SoldOff-plan
AED 640,000AED 1,543 per sqft
2 Feb 2021Sold by developerOff-plan
AED 421,000AED 1,015 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
1st of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 640K · July 2024
Building
Mag 980

About 103, Mag 980

103 is a studio of 415 sqft on the 1st floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 1 July 2024 for AED 640,000, or AED 1,543 per sqft, in line with the AED 1,517 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical studio in Mag 980
400K600K2021202320252027Typical sale price by year: 2021 AED 430,100; 2022 AED 633,864; 2023 AED 550,000; 2024 AED 630,000; 2025 AED 740,000; 2026 AED 700,000Sold by developer, February 2021: AED 421,000 (AED 1,015 per sqft)Sold, July 2024: AED 640,000 (AED 1,543 per sqft)

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

Rents
Unit 103, each contractTypical studio in Mag 980
50K52K54K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 54,000; 2026 AED 52,000

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Mag 980, and where 103 sits

All 88 studios →

103 last sold in July 2024 at AED 1,543 per sqft, in line with what studios in Mag 980 were fetching at the time (AED 1,517). Over the last 12 months studios sold for AED 700,000 to 800,000, around AED 1,750 per sqft, and rent for AED 25,000 to 65,000 a year.

Recent studio salesUnit no.Price (AED)Summary
7 Sep 2026700,000
7 Aug 202629,523
7 Jul 2026700,000
9 Feb 2026735,000
5 studio sales in the last 12 months

Mag 980

Building

120 apartments, studios to 1-bed over 8 floors in District Seven, completed in 2023 by MAG. 10 sold in the last 12 months.

Typical price per sqft
AED 1,708 Down 5.5%
Typical sale
AED 1.1M
Typical rent
AED 54K /yr
Typical yield
7.2%
Mag 980, District Seven: prices, sales and rents →

Other units on the 1st floor

All 120 units in Mag 980
Value
1011-bedAED 850K · Sep 2021
1021-bedAED 1.25M · Jan 2025
104StudioAED 485K · Jul 2021
105StudioAED 480K · Jul 2021
106StudioAED 421K · Feb 2021
107StudioAED 700K · Jul 2026
108StudioAED 620K · Sep 2024
1–7 of 14

103, Mag 980 in numbers

  • Sold twice: first on 2 February 2021 for AED 421,000, last on 1 July 2024 for AED 640,000 (AED 1,543 per sqft).
  • Studios in Mag 980 sold for AED 700,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 1,708 per sqft.

Source: Dubai Land Department. Updated 1 July 2024.

Questions about 103, Mag 980

What did unit 103 last sell for?

AED 640,000 on 1 July 2024: AED 1,543 per sqft for 415 sqft. The unit has 2 registered sales; the first was AED 421,000 in February 2021.

How big is unit 103?

415 sqft (38.6 sqm): a studio on the 1st floor of a 8-storey tower completed in 2023.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Mag 980 sold for AED 700,000 to 800,000 in the last 12 months, around AED 1,750 per sqft.

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Mortgage on 103, Mag 980

Starts from the last sale price (AED 640K, 1 July 2024). 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 →