306, Mag 980
Sold prices and rental history: sold twice, last in September 2026, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Mag 980
What is 306 worth today?
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Source: Dubai Land Department. Updated 7 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 412 sqft
- Floor
- 3rd of 8
- Parking
- G-17
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 700K · September 2026
- Building
- Mag 980
About 306, Mag 980
306 is a studio of 412 sqft on the 3rd floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 7 September 2026 for AED 700,000, or AED 1,699 per sqft, 5% below the AED 1,786 studios in the building were fetching at the time.
One Ejari contract is registered, from 26 November 2025. The current contract, signed on 26 November 2025, is AED 55,000 a year: a gross yield of 7.9% on the 2026 price.
Sales and rents for 306 over time
306 has sold twice; 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 306 sits
All 88 studios →306 last sold in September 2026 at AED 1,699 per sqft, 5% below what studios in Mag 980 were fetching at the time (AED 1,786). 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. 306's AED 55,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 3 Dec 20253 December 2025 | 391 sqft | 800,000 | 2,048 |
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 3rd floor
All 120 units in Mag 980| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 903 sqft | AED 1.32MAED 1,323,000 · Apr 2023April 2023 | ||
| 302 | 1-bed | 869 sqft | AED 1.3MAED 1,300,000 · Aug 2024August 2024 | 73,000 /yr | |
| 303 | Studio | 407 sqft | AED 675KAED 675,000 · May 2025May 2025 | ||
| 304 | Studio | 410 sqft | AED 735KAED 735,000 · Feb 2026February 2026 | 48,000 /yr | |
| 305 | Studio | 417 sqft | AED 530KAED 530,000 · Jun 2023June 2023 | 45,000 /yr | |
| 307 | Studio | 417 sqft | AED 480KAED 480,000 · Aug 2021August 2021 | 61,000 /yr | |
| 308 | Studio | 391 sqft | AED 620KAED 620,000 · Jun 2024June 2024 | 57,000 /yr | |
| 309 | Studio | 396 sqft | AED 550KAED 550,000 · Aug 2023August 2023 | 53,000 /yr | |
| 310 | 1-bed | 796 sqft | AED 1.3MAED 1,300,000 · Apr 2025April 2025 | ||
| 311 | 1-bed | 746 sqft | AED 1.44MAED 1,442,280 · Jan 2025January 2025 | 64,000 /yr | |
| 312 | Studio | 385 sqft | AED 780KAED 780,000 · Jan 2025January 2025 | 53,000 /yr | |
| 313 | Studio | 395 sqft | AED 421KAED 421,000 · Jul 2021July 2021 | 57,000 /yr | |
| 314 | Studio | 410 sqft | AED 720KAED 720,000 · Dec 2024December 2024 | ||
| 315 | Studio | 413 sqft | AED 780KAED 780,000 · Feb 2025February 2025 | 50,000 /yr |
306, Mag 980 in numbers
- Sold twice: first on 14 July 2021 for AED 480,000, last on 7 September 2026 for AED 700,000 (AED 1,699 per sqft).
- Rented since November 2025 on one Ejari contract, at AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2026 price is 7.9%.
- 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 7 September 2026.
Questions about 306, Mag 980
What did unit 306 last sell for?
AED 700,000 on 7 September 2026: AED 1,699 per sqft for 412 sqft. The unit has 2 registered sales; the first was AED 480,000 in July 2021.
What is the rent for unit 306?
AED 55,000 a year on the contract signed on 26 November 2025.
How big is unit 306?
412 sqft (38.3 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2023.
What is unit 306 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 306? Put it on the OpenOffers board
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Mortgage on 306, Mag 980
Starts from the last sale price (AED 700K, 7 September 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →