203, Mag 980
Sold prices and rental history: sold twice, last in February 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, Mag 980
What is 203 worth today?
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Source: Dubai Land Department. Updated 17 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 407 sqft
- Floor
- 2nd of 8
- Parking
- G-86
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 665K · February 2025
- Building
- Mag 980
About 203, Mag 980
203 is a studio of 407 sqft on the 2nd floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 11 February 2025 for AED 665,000, or AED 1,633 per sqft, in line with the AED 1,649 studios in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 17 October 2026, is AED 48,000 a year: a gross yield of 7.2% on the 2025 price.
Sales and rents for 203 over time
203 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 203 sits
All 88 studios →203 last sold in February 2025 at AED 1,633 per sqft, in line with what studios in Mag 980 were fetching at the time (AED 1,649). 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. 203's AED 48,000 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 2nd floor
All 120 units in Mag 980| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 890 sqft | AED 1.53MAED 1,530,000 · Nov 2025November 2025 | ||
| 202 | 1-bed | 869 sqft | AED 1.3MAED 1,297,103 · Mar 2023March 2023 | 70,000 /yr | |
| 204 | Studio | 417 sqft | AED 421KAED 421,000 · Feb 2021February 2021 | 52,000 /yr | |
| 205 | Studio | 408 sqft | AED 795KAED 795,000 · Oct 2025October 2025 | ||
| 206 | Studio | 417 sqft | AED 480KAED 480,000 · Aug 2021August 2021 | 41,500 /yr | |
| 207 | Studio | 417 sqft | AED 480KAED 480,000 · Jul 2021July 2021 | 45,000 /yr | |
| 208 | Studio | 391 sqft | AED 650KAED 650,000 · Nov 2024November 2024 | 55,850 /yr | |
| 209 | Studio | 396 sqft | AED 400KAED 400,000 · Apr 2021April 2021 | 44,000 /yr | |
| 210 | 1-bed | 796 sqft | AED 1.36MAED 1,360,000 · Dec 2025December 2025 | ||
| 211 | 1-bed | 746 sqft | AED 1.35MAED 1,350,000 · May 2025May 2025 | ||
| 212 | Studio | 385 sqft | AED 650KAED 650,000 · Dec 2024December 2024 | 52,000 /yr | |
| 213 | Studio | 395 sqft | AED 610KAED 610,000 · Feb 2024February 2024 | 58,000 /yr | |
| 214 | Studio | 410 sqft | AED 740KAED 740,000 · Dec 2024December 2024 | ||
| 215 | Studio | 418 sqft | AED 760KAED 759,615 · Oct 2022October 2022 |
203, Mag 980 in numbers
- Sold twice: first on 2 February 2021 for AED 500,000, last on 11 February 2025 for AED 665,000 (AED 1,633 per sqft).
- Rented since October 2025 on 2 Ejari contracts, from AED 57,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2025 price is 7.2%.
- 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 17 October 2026.
Questions about 203, Mag 980
What did unit 203 last sell for?
AED 665,000 on 11 February 2025: AED 1,633 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 500,000 in February 2021.
What is the rent for unit 203?
AED 48,000 a year on the contract signed on 17 October 2026. The previous contract, from October 2025, was AED 57,000.
How big is unit 203?
407 sqft (37.8 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2023.
What is unit 203 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 203? Put it on the OpenOffers board
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Mortgage on 203, Mag 980
Starts from the last sale price (AED 665K, 11 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 665,000
- Deposit, UAE resident (20%)
- AED 133,000
- Deposit, non-resident (40%)
- AED 266,000
- Monthly over 25 years at 3.7%
- AED 2,721
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →