Studio · 410 sqftMag 980, District Seven · 3rd floor · completed 2023

314, Mag 980

Sold prices and rental history: sold twice, 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 314 · DLD and Ejari recordsUpdated 23 December 2024
Last soldAED 720K23 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 314, Mag 980

What is 314 worth today?

Last sold for AED 720,000 in 2024

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23 Dec 2024SoldReady
AED 720,000AED 1,755 per sqft
9 Feb 2022Sold by developerOff-plan
AED 633,864AED 1,524 per sqft

Source: Dubai Land Department. Updated 23 December 2024.

Key facts

Type
Studio apartment
Size
410 sqft
Floor
3rd of 8
Parking
G-102
Developer
MAG
Completed
2023
Last sold
AED 720K · December 2024
Building
Mag 980

About 314, Mag 980

314 is a studio of 410 sqft on the 3rd floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 23 December 2024 for AED 720,000, or AED 1,755 per sqft, 12% 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 314 over time

Sales
Unit 314, 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, February 2022: AED 633,864 (AED 1,524 per sqft)Sold, December 2024: AED 720,000 (AED 1,755 per sqft)

314 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 314, 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 314 sits

All 88 studios →

314 last sold in December 2024 at AED 1,755 per sqft, 12% 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 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

314, Mag 980 in numbers

  • Sold twice: first on 9 February 2022 for AED 633,864, last on 23 December 2024 for AED 720,000 (AED 1,755 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 23 December 2024.

Questions about 314, Mag 980

What did unit 314 last sell for?

AED 720,000 on 23 December 2024: AED 1,755 per sqft for 410 sqft. The unit has 2 registered sales; the first was AED 633,864 in February 2022.

How big is unit 314?

410 sqft (38.1 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2023.

What is unit 314 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 314, Mag 980

Starts from the last sale price (AED 720K, 23 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

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