Studio · 410 sqftMag 980, District Seven · 2nd floor · completed 2023

214, Mag 980

Sold prices and rental history: sold 3 times, last in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 12 December 2024
Last soldAED 740K12 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214, Mag 980

What is 214 worth today?

Last sold for AED 740,000 in 2024

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12 Dec 2024SoldReady
AED 740,000AED 1,804 per sqft
24 May 2024SoldOff-plan
AED 600,000AED 1,442 per sqft
5 Dec 2021Sold by developerOff-plan
AED 470,000AED 1,130 per sqft

Source: Dubai Land Department. Updated 12 December 2024.

Key facts

Type
Studio apartment
Size
410 sqft
Floor
2nd of 8
Parking
G-03
Developer
MAG
Completed
2023
Last sold
AED 740K · December 2024
Building
Mag 980

About 214, Mag 980

214 is a studio of 410 sqft on the 2nd floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 12 December 2024 for AED 740,000, or AED 1,804 per sqft, 15% above the AED 1,566 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 214 over time

Sales
Unit 214, 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, December 2021: AED 470,000 (AED 1,130 per sqft)Sold, May 2024: AED 600,000 (AED 1,442 per sqft)Sold, December 2024: AED 740,000 (AED 1,804 per sqft)

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

Rents
Unit 214, each contractTypical studio in Mag 980
50K52K54K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 54,000; 2026 AED 52,000

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 214 sits

All 88 studios →

214 last sold in December 2024 at AED 1,804 per sqft, 15% above what studios in Mag 980 were fetching at the time (AED 1,566). 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.

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

214, Mag 980 in numbers

  • Sold 3 times: first on 5 December 2021 for AED 470,000, last on 12 December 2024 for AED 740,000 (AED 1,804 per sqft).
  • 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 12 December 2024.

Questions about 214, Mag 980

What did unit 214 last sell for?

AED 740,000 on 12 December 2024: AED 1,804 per sqft for 410 sqft. The unit has 3 registered sales; the first was AED 470,000 in December 2021.

How big is unit 214?

410 sqft (38.1 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2023.

What is unit 214 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 214, Mag 980

Starts from the last sale price (AED 740K, 12 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 740,000
Deposit, UAE resident (20%)
AED 148,000
Deposit, non-resident (40%)
AED 296,000
Monthly over 25 years at 3.7%
AED 3,028

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