Studio · 418 sqftMag 980, District Seven · 2nd floor · completed 2023

215, Mag 980

Sold prices and rental history: sold once, by the developer in October 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 27 October 2022
Last soldAED 760K27 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, Mag 980

What is 215 worth today?

Last sold for AED 759,615 in 2022

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27 Oct 2022Sold by developerOff-plan
AED 759,615AED 1,817 per sqft

Source: Dubai Land Department. Updated 27 October 2022.

Key facts

Type
Studio apartment
Size
418 sqft
Floor
2nd of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 760K · October 2022
Building
Mag 980

About 215, Mag 980

215 is a studio of 418 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 27 October 2022 for AED 759,615, or AED 1,817 per sqft, 55% above the AED 1,172 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 215 over time

Sales
Unit 215, 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, October 2022: AED 759,615 (AED 1,817 per sqft)

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

Rents
Unit 215, 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 215 sits

All 88 studios →

215 last sold in October 2022 at AED 1,817 per sqft, 55% above what studios in Mag 980 were fetching at the time (AED 1,172). 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

215, Mag 980 in numbers

  • Sold once: by MAG on 27 October 2022 for AED 759,615, or AED 1,817 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 27 October 2022.

Questions about 215, Mag 980

What did unit 215 last sell for?

AED 759,615 on 27 October 2022, sold by the developer: AED 1,817 per sqft for 418 sqft. It is the only registered sale of the unit.

How big is unit 215?

418 sqft (38.8 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2023.

What is unit 215 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 215, Mag 980

Starts from the last sale price (AED 760K, 27 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 759,615
Deposit, UAE resident (20%)
AED 151,923
Deposit, non-resident (40%)
AED 303,846
Monthly over 25 years at 3.7%
AED 3,108

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