307, Mag 980
Sold prices and rental history: sold once, by the developer in August 2021, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, Mag 980
What is 307 worth today?
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Source: Dubai Land Department. Updated 15 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 417 sqft
- Floor
- 3rd of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 480K · August 2021
- Building
- Mag 980
About 307, Mag 980
307 is a studio of 417 sqft on the 3rd 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 since 2025 on 3 Ejari contracts. The current contract, renewed on 15 May 2026, is AED 53,000 a year: a gross yield of 11.0% on the 2021 price.
Sales and rents for 307 over time
307 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 307 sits
All 88 studios →307 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. 307's AED 53,000 is in the upper 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 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 | |
| 306 | Studio | 412 sqft | AED 700KAED 700,000 · Sep 2026September 2026 | 55,000 /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 |
307, Mag 980 in numbers
- Sold once: by MAG on 16 August 2021 for AED 480,000, or AED 1,151 per sqft.
- Rented since May 2025 on 3 Ejari contracts, at AED 53,000 a year.
- At AED 53,000 a year the gross yield on the 2021 price is 11.0%.
- 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 15 May 2026.
Questions about 307, Mag 980
What did unit 307 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 307?
AED 53,000 a year on the contract renewed on 15 May 2026. The previous contract, from May 2026, was AED 61,000; the unit has been rented since May 2025.
How big is unit 307?
417 sqft (38.7 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2023.
What is unit 307 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 307? Put it on the OpenOffers board
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Mortgage on 307, 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 →