115, Mag 980
Sold prices and rental history: sold twice, last in July 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 115, Mag 980
What is 115 worth today?
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Source: Dubai Land Department. Updated 5 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 418 sqft
- Floor
- 1st of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 490K · July 2023
- Building
- Mag 980
About 115, Mag 980
115 is a studio of 418 sqft on the 1st floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 25 July 2023 for AED 490,000, or AED 1,172 per sqft, 16% below the AED 1,389 studios in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 5 October 2026, is AED 44,000 a year: a gross yield of 9.0% on the 2023 price.
Sales and rents for 115 over time
115 has sold twice; 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 115 sits
All 88 studios →115 last sold in July 2023 at AED 1,172 per sqft, 16% below what studios in Mag 980 were fetching at the time (AED 1,389). 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. 115's AED 44,000 is in the lower 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 | |
| 113 | Studio | 391 sqft | AED 480KAED 480,000 · Apr 2021April 2021 | 52,000 /yr | |
| 114 | Studio | 416 sqft | AED 480KAED 480,000 · Jul 2021July 2021 | 50,000 /yr |
115, Mag 980 in numbers
- Sold twice: first on 13 April 2021 for AED 480,000, last on 25 July 2023 for AED 490,000 (AED 1,172 per sqft).
- Rented since May 2025 on 3 Ejari contracts, from AED 55,000 to AED 44,000 a year.
- At AED 44,000 a year the gross yield on the 2023 price is 9.0%.
- 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 October 2026.
Questions about 115, Mag 980
What did unit 115 last sell for?
AED 490,000 on 25 July 2023: AED 1,172 per sqft for 418 sqft. The unit has 2 registered sales; the first was AED 480,000 in April 2021.
What is the rent for unit 115?
AED 44,000 a year on the contract signed on 5 October 2026. The previous contract, from May 2025, was AED 55,000; the unit has been rented since May 2025.
How big is unit 115?
418 sqft (38.8 sqm): a studio on the 1st floor of a 8-storey tower completed in 2023.
What is unit 115 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 115, Mag 980
Starts from the last sale price (AED 490K, 25 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 490,000
- Deposit, UAE resident (20%)
- AED 98,000
- Deposit, non-resident (40%)
- AED 196,000
- Monthly over 25 years at 3.7%
- AED 2,005
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →