113, Mag 980
Sold prices and rental history: sold once, by the developer in April 2021, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 113, Mag 980
What is 113 worth today?
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Source: Dubai Land Department. Updated 6 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 391 sqft
- Floor
- 1st of 8
- Parking
- G-74
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 480K · April 2021
- Building
- Mag 980
About 113, Mag 980
113 is a studio of 391 sqft on the 1st floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 13 April 2021 for AED 480,000, or AED 1,214 per sqft, 20% above the AED 1,010 studios in the building were fetching at the time.
One Ejari contract is registered, from 6 January 2026. The current contract, renewed on 6 January 2026, is AED 52,000 a year: a gross yield of 10.8% on the 2021 price.
Sales and rents for 113 over time
113 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 980, and where 113 sits
All 88 studios →113 last sold in April 2021 at AED 1,214 per sqft, 20% above what studios in Mag 980 were fetching at the time (AED 1,010). 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. 113's AED 52,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 412 sqft | 700,000 | 1,699 | ||
| 7 Aug 20267 August 2026 | 413 sqft | 29,523 | 71 | ||
| 7 Jul 20267 July 2026 | 410 sqft | 700,000 | 1,707 | ||
| 9 Feb 20269 February 2026 | 410 sqft | 735,000 | 1,792 |
Mag 980
Building120 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%
Other units on the 1st floor
All 120 units in Mag 980| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 903 sqft | AED 850KAED 850,000 · Sep 2021September 2021 | 90,000 /yr | |
| 102 | 1-bed | 861 sqft | AED 1.25MAED 1,250,000 · Jan 2025January 2025 | 85,000 /yr | |
| 103 | Studio | 415 sqft | AED 640KAED 640,000 · Jul 2024July 2024 | ||
| 104 | Studio | 417 sqft | AED 485KAED 485,000 · Jul 2021July 2021 | ||
| 105 | Studio | 417 sqft | AED 480KAED 480,000 · Jul 2021July 2021 | ||
| 106 | Studio | 417 sqft | AED 421KAED 421,000 · Feb 2021February 2021 | 50,000 /yr | |
| 107 | Studio | 410 sqft | AED 700KAED 700,000 · Jul 2026July 2026 | ||
| 108 | Studio | 396 sqft | AED 620KAED 620,000 · Sep 2024September 2024 | 55,000 /yr | |
| 109 | Studio | 396 sqft | AED 400KAED 400,000 · Aug 2021August 2021 | ||
| 110 | 1-bed | 802 sqft | AED 1.28MAED 1,278,300 · Mar 2023March 2023 | 90,000 /yr | |
| 111 | 1-bed | 746 sqft | AED 1.35MAED 1,350,000 · Dec 2024December 2024 | ||
| 112 | Studio | 385 sqft | AED 655KAED 655,000 · Feb 2025February 2025 | 60,000 /yr | |
| 114 | Studio | 416 sqft | AED 480KAED 480,000 · Jul 2021July 2021 | 50,000 /yr | |
| 115 | Studio | 418 sqft | AED 490KAED 490,000 · Jul 2023July 2023 | 44,000 /yr |
113, Mag 980 in numbers
- Sold once: by MAG on 13 April 2021 for AED 480,000, or AED 1,214 per sqft.
- Rented since January 2026 on one Ejari contract, at AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2021 price is 10.8%.
- 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 6 January 2026.
Questions about 113, Mag 980
What did unit 113 last sell for?
AED 480,000 on 13 April 2021, sold by the developer: AED 1,214 per sqft for 391 sqft. It is the only registered sale of the unit.
What is the rent for unit 113?
AED 52,000 a year on the contract renewed on 6 January 2026.
How big is unit 113?
391 sqft (36.3 sqm): a studio on the 1st floor of a 8-storey tower completed in 2023.
What is unit 113 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.
Selling 113? Put it on the OpenOffers board
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Mortgage on 113, Mag 980
Starts from the last sale price (AED 480K, 13 April 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 480,000
- Deposit, UAE resident (20%)
- AED 96,000
- Deposit, non-resident (40%)
- AED 192,000
- Monthly over 25 years at 3.7%
- AED 1,964
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →