1-bed · 746 sqftMag 980, District Seven · 3rd floor · completed 2023

311, Mag 980

Sold prices and rental history: sold once, by the developer in January 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 18 September 2026
Last soldAED 1.44M27 January 2025
Current rentAED 64K /yr18 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Mag 980

What is 311 worth today?

Last sold for AED 1,442,280 in 2025

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18 Sep 2026RentedNew contract
AED 64,000/yr12 months · AED 86 per sqft
15 Apr 2025RentedNew contract
AED 76,000/yr12 months · AED 102 per sqft
27 Jan 2025Sold by developerReady
AED 1,442,280AED 1,933 per sqft

Source: Dubai Land Department. Updated 18 September 2026.

Key facts

Type
1-bed apartment
Size
746 sqft
Floor
3rd of 8
Parking
G-23
Developer
MAG
Completed
2023
Last sold
AED 1.44M · January 2025
Building
Mag 980

About 311, Mag 980

311 is a one-bedroom apartment of 746 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 27 January 2025 for AED 1,442,280, or AED 1,933 per sqft, 16% above the AED 1,666 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 18 September 2026, is AED 64,000 a year: a gross yield of 4.4% on the 2025 price.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical one-bed in Mag 980
1M1.5M2021202320252027Typical sale price by year: 2021 AED 863,300; 2022 AED 1,179,000; 2023 AED 1,287,702; 2024 AED 1,350,000; 2025 AED 1,355,000; 2026 AED 1,180,000Sold by developer, January 2025: AED 1,442,280 (AED 1,933 per sqft)

311 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 311, each contractTypical one-bed in Mag 980
60K80K202520262027Typical rent by year: 2025 AED 90,000; 2026 AED 79,000New contract, April 2025: AED 76,000 a yearNew contract, September 2026: AED 64,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Mag 980, and where 311 sits

All 32 1-beds →

311 last sold in January 2025 at AED 1,933 per sqft, 16% above what one-beds in Mag 980 were fetching at the time (AED 1,666). Over the last 12 months one-beds sold for AED 1,100,000 to 1,530,000, around AED 1,708 per sqft, and rent for AED 64,000 to 100,000 a year. 311's AED 64,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Aug 20261,180,000
24 Jun 20261,100,000
22 Jan 20261,425,000
18 Dec 20251,360,000
5 1-bed 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 3rd floor

All 120 units in Mag 980
Value
3011-bedAED 1.32M · Apr 2023
3021-bedAED 1.3M · Aug 2024
303StudioAED 675K · May 2025
304StudioAED 735K · Feb 2026
305StudioAED 530K · Jun 2023
306StudioAED 700K · Sep 2026
307StudioAED 480K · Aug 2021
1–7 of 14

311, Mag 980 in numbers

  • Sold once: by MAG on 27 January 2025 for AED 1,442,280, or AED 1,933 per sqft.
  • Rented since April 2025 on 2 Ejari contracts, from AED 76,000 to AED 64,000 a year.
  • At AED 64,000 a year the gross yield on the 2025 price is 4.4%.
  • One-beds in Mag 980 sold for AED 1,100,000–1,530,000 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 18 September 2026.

Questions about 311, Mag 980

What did unit 311 last sell for?

AED 1,442,280 on 27 January 2025, sold by the developer: AED 1,933 per sqft for 746 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 64,000 a year on the contract signed on 18 September 2026. The previous contract, from April 2025, was AED 76,000.

How big is unit 311?

746 sqft (69.3 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2023.

What is unit 311 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mag 980 sold for AED 1,100,000 to 1,530,000 in the last 12 months, around AED 1,708 per sqft.

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Mortgage on 311, Mag 980

Starts from the last sale price (AED 1.44M, 27 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,442,280
Deposit, UAE resident (20%)
AED 288,456
Deposit, non-resident (40%)
AED 576,912
Monthly over 25 years at 3.7%
AED 5,901

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