206, Mag 980
Sold prices and rental history: sold once, by the developer in August 2021, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 206, Mag 980
What is 206 worth today?
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Source: Dubai Land Department. Updated 10 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 417 sqft
- Floor
- 2nd of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 480K · August 2021
- Building
- Mag 980
About 206, Mag 980
206 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 16 August 2021 for AED 480,000, or AED 1,151 per sqft, 7% above the AED 1,079 studios in the building were fetching at the time.
It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 10 September 2026, is AED 41,500 a year: a gross yield of 8.6% on the 2021 price.
Sales and rents for 206 over time
206 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 206 sits
All 88 studios →206 last sold in August 2021 at AED 1,151 per sqft, 7% above what studios in Mag 980 were fetching at the time (AED 1,079). 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. 206's AED 41,500 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 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 | |
| 203 | Studio | 407 sqft | AED 665KAED 665,000 · Feb 2025February 2025 | 48,000 /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 | ||
| 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 |
206, Mag 980 in numbers
- Sold once: by MAG on 16 August 2021 for AED 480,000, or AED 1,151 per sqft.
- Rented since December 2024 on 4 Ejari contracts, from AED 48,000 to AED 41,500 a year.
- At AED 41,500 a year the gross yield on the 2021 price is 8.6%.
- 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 10 September 2026.
Questions about 206, Mag 980
What did unit 206 last sell for?
AED 480,000 on 16 August 2021, sold by the developer: AED 1,151 per sqft for 417 sqft. It is the only registered sale of the unit.
What is the rent for unit 206?
AED 41,500 a year on the contract signed on 10 September 2026. The previous contract, from January 2026, was AED 60,000; the unit has been rented since December 2024.
How big is unit 206?
417 sqft (38.7 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2023.
What is unit 206 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 206? Put it on the OpenOffers board
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Mortgage on 206, Mag 980
Starts from the last sale price (AED 480K, 16 August 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 →