Studio · 391 sqftMag 980, District Seven · 2nd floor · completed 2023

208, Mag 980

Sold prices and rental history: sold 3 times, last in November 2024, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 29 March 2026
Last soldAED 650K7 November 2024
Current rentAED 56K /yr29 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Mag 980

What is 208 worth today?

Last sold for AED 650,000 in 2024

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29 Mar 2026RentedNew contract
AED 55,850/yr12 months · AED 144 per sqft
7 Nov 2024SoldReady
AED 650,000AED 1,664 per sqft
6 Apr 2022SoldOff-plan
AED 470,000AED 1,187 per sqft
2 Feb 2021Sold by developerOff-plan
AED 400,000AED 1,010 per sqft

Source: Dubai Land Department. Updated 29 March 2026.

Key facts

Type
Studio apartment
Size
391 sqft
Floor
2nd of 8
Parking
G-95
Developer
MAG
Completed
2023
Last sold
AED 650K · November 2024
Building
Mag 980

About 208, Mag 980

208 is a studio of 391 sqft on the 2nd floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 7 November 2024 for AED 650,000, or AED 1,664 per sqft, 8% above the AED 1,543 studios in the building were fetching at the time.

One Ejari contract is registered, from 29 March 2026. The current contract, signed on 29 March 2026, is AED 55,850 a year: a gross yield of 8.6% on the 2024 price.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical studio in Mag 980
400K600K800K2021202320252027Typical 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 400,000 (AED 1,010 per sqft)Sold, April 2022: AED 470,000 (AED 1,187 per sqft)Sold, November 2024: AED 650,000 (AED 1,664 per sqft)

208 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 208, each contractTypical studio in Mag 980
50K55K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 54,000; 2026 AED 52,000New contract, March 2026: AED 55,850 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 208 sits

All 88 studios →

208 last sold in November 2024 at AED 1,664 per sqft, 8% above what studios in Mag 980 were fetching at the time (AED 1,543). 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. 208's AED 55,850 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
204StudioAED 421K · Feb 2021
205StudioAED 795K · Oct 2025
206StudioAED 480K · Aug 2021
207StudioAED 480K · Jul 2021
1–7 of 14

208, Mag 980 in numbers

  • Sold 3 times: first on 2 February 2021 for AED 400,000, last on 7 November 2024 for AED 650,000 (AED 1,664 per sqft).
  • Rented since March 2026 on one Ejari contract, at AED 55,850 a year.
  • At AED 55,850 a year the gross yield on the 2024 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 29 March 2026.

Questions about 208, Mag 980

What did unit 208 last sell for?

AED 650,000 on 7 November 2024: AED 1,664 per sqft for 391 sqft. The unit has 3 registered sales; the first was AED 400,000 in February 2021.

What is the rent for unit 208?

AED 55,850 a year on the contract signed on 29 March 2026.

How big is unit 208?

391 sqft (36.3 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2023.

What is unit 208 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 208, Mag 980

Starts from the last sale price (AED 650K, 7 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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