Studio · 385 sqftMag 980, District Seven · 1st floor · completed 2023

112, Mag 980

Sold prices and rental history: sold twice, last in February 2025, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 5 January 2026
Last soldAED 655K17 February 2025
Current rentAED 60K /yr5 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Mag 980

What is 112 worth today?

Last sold for AED 655,000 in 2025

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5 Jan 2026RentedNew contract
AED 60,000/yr12 months · AED 155 per sqft
17 Feb 2025SoldReady
AED 655,000AED 1,702 per sqft
10 Jan 2021Sold by developerOff-plan
AED 430,100AED 1,105 per sqft

Source: Dubai Land Department. Updated 5 January 2026.

Key facts

Type
Studio apartment
Size
385 sqft
Floor
1st of 8
Parking
G-73
Developer
MAG
Completed
2023
Last sold
AED 655K · February 2025
Building
Mag 980

About 112, Mag 980

112 is a studio of 385 sqft on the 1st floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 17 February 2025 for AED 655,000, or AED 1,702 per sqft, in line with the AED 1,689 studios in the building were fetching at the time.

One Ejari contract is registered, from 5 January 2026. The current contract, signed on 5 January 2026, is AED 60,000 a year: a gross yield of 9.2% on the 2025 price.

Sales and rents for 112 over time

Sales
Unit 112, 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, January 2021: AED 430,100 (AED 1,105 per sqft)Sold, February 2025: AED 655,000 (AED 1,702 per sqft)

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

Rents
Unit 112, each contractTypical studio in Mag 980
50K55K60K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 54,000; 2026 AED 52,000New contract, January 2026: AED 60,000 a year

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

Studios in Mag 980, and where 112 sits

All 88 studios →

112 last sold in February 2025 at AED 1,702 per sqft, in line with what studios in Mag 980 were fetching at the time (AED 1,689). 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. 112's AED 60,000 is in the upper half of that range.

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
103StudioAED 640K · Jul 2024
104StudioAED 485K · Jul 2021
105StudioAED 480K · Jul 2021
106StudioAED 421K · Feb 2021
107StudioAED 700K · Jul 2026
1–7 of 14

112, Mag 980 in numbers

  • Sold twice: first on 10 January 2021 for AED 430,100, last on 17 February 2025 for AED 655,000 (AED 1,702 per sqft).
  • Rented since January 2026 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2025 price is 9.2%.
  • 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 5 January 2026.

Questions about 112, Mag 980

What did unit 112 last sell for?

AED 655,000 on 17 February 2025: AED 1,702 per sqft for 385 sqft. The unit has 2 registered sales; the first was AED 430,100 in January 2021.

What is the rent for unit 112?

AED 60,000 a year on the contract signed on 5 January 2026.

How big is unit 112?

385 sqft (35.8 sqm): a studio on the 1st floor of a 8-storey tower completed in 2023.

What is unit 112 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 112, Mag 980

Starts from the last sale price (AED 655K, 17 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 655,000
Deposit, UAE resident (20%)
AED 131,000
Deposit, non-resident (40%)
AED 262,000
Monthly over 25 years at 3.7%
AED 2,680

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