Studio · 417 sqftMag 980, District Seven · 2nd floor · completed 2023

204, Mag 980

Sold prices and rental history: sold once, by the developer in February 2021, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 421K2 February 2021
Current rentAED 52K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Mag 980

What is 204 worth today?

Last sold for AED 421,000 in 2021

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15 Oct 2026RentedNew contract
AED 52,000/yr12 months · AED 127 per sqft
24 Mar 2026RentedRenewal
AED 62,000/yr12 months · AED 152 per sqft
24 Mar 2026RentedRenewal
AED 65,000/yr12 months · AED 159 per sqft
24 Mar 2025RentedNew contract
AED 62,000/yr12 months · AED 152 per sqft
2 Feb 2021Sold by developerOff-plan
AED 421,000AED 1,009 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
2nd of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 421K · February 2021
Building
Mag 980

About 204, Mag 980

204 is a studio of 417 sqft on the 2nd floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 2 February 2021 for AED 421,000, or AED 1,009 per sqft, in line with the AED 1,010 studios in the building were fetching at the time.

It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, signed on 15 October 2026, is AED 52,000 a year: a gross yield of 12.3% on the 2021 price.

Sales and rents for 204 over time

Sales
Unit 204, 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 1,009 per sqft)

204 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 204, each contractTypical studio in Mag 980
50K60K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 54,000; 2026 AED 52,000New contract, March 2025: AED 62,000 a yearRenewal, March 2026: AED 62,000 a yearRenewal, March 2026: AED 65,000 a yearNew contract, October 2026: AED 52,000 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 204 sits

All 88 studios →

204 last sold in February 2021 at AED 1,009 per sqft, in line with 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. 204's AED 52,000 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 2nd floor

All 120 units in Mag 980
Value
2011-bedAED 1.53M · Nov 2025
2021-bedAED 1.3M · Mar 2023
203StudioAED 665K · Feb 2025
205StudioAED 795K · Oct 2025
206StudioAED 480K · Aug 2021
207StudioAED 480K · Jul 2021
208StudioAED 650K · Nov 2024
1–7 of 14

204, Mag 980 in numbers

  • Sold once: by MAG on 2 February 2021 for AED 421,000, or AED 1,009 per sqft.
  • Rented since March 2025 on 4 Ejari contracts, from AED 62,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2021 price is 12.3%.
  • 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 15 October 2026.

Questions about 204, Mag 980

What did unit 204 last sell for?

AED 421,000 on 2 February 2021, sold by the developer: AED 1,009 per sqft for 417 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 52,000 a year on the contract signed on 15 October 2026. The previous contract, from March 2026, was AED 62,000; the unit has been rented since March 2025.

How big is unit 204?

417 sqft (38.7 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2023.

What is unit 204 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 204, Mag 980

Starts from the last sale price (AED 421K, 2 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 421,000
Deposit, UAE resident (20%)
AED 84,200
Deposit, non-resident (40%)
AED 168,400
Monthly over 25 years at 3.7%
AED 1,722

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