401, Mag 980
Sold prices and rental history: sold once, by the developer in December 2021, and rented once, from December 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Mag 980
What is 401 worth today?
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Source: Dubai Land Department. Updated 27 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 903 sqft
- Floor
- 4th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 971K · December 2021
- Building
- Mag 980
About 401, Mag 980
401 is a one-bedroom apartment of 903 sqft on the 4th floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 5 December 2021 for AED 971,190, or AED 1,075 per sqft, in line with the AED 1,083 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 27 December 2025. The current contract, renewed on 27 December 2025, is AED 95,000 a year: a gross yield of 9.8% on the 2021 price.
Sales and rents for 401 over time
401 has sold once; the dashed line is the one-bed median of each year in the building.
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 401 sits
All 32 1-beds →401 last sold in December 2021 at AED 1,075 per sqft, in line with what one-beds in Mag 980 were fetching at the time (AED 1,083). 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. 401's AED 95,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 746 sqft | 1,180,000 | 1,581 | ||
| 24 Jun 202624 June 2026 | 796 sqft | 1,100,000 | 1,381 | ||
| 22 Jan 202622 January 2026 | 746 sqft | 1,425,000 | 1,910 | ||
| 18 Dec 202518 December 2025 | 796 sqft | 1,360,000 | 1,708 |
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 4th floor
All 120 units in Mag 980| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 861 sqft | AED 1.35MAED 1,350,000 · May 2025May 2025 | 80,000 /yr | |
| 403 | Studio | 407 sqft | AED 620KAED 620,000 · Jul 2024July 2024 | 45,000 /yr | |
| 404 | Studio | 417 sqft | AED 421KAED 421,000 · Feb 2021February 2021 | 52,000 /yr | |
| 405 | Studio | 417 sqft | AED 421KAED 421,000 · Feb 2021February 2021 | 46,200 /yr | |
| 406 | Studio | 412 sqft | AED 645KAED 645,000 · Feb 2025February 2025 | ||
| 407 | Studio | 417 sqft | AED 480KAED 480,000 · Jul 2021July 2021 | ||
| 408 | Studio | 391 sqft | AED 740KAED 740,000 · Jul 2025July 2025 | 57,000 /yr | |
| 409 | Studio | 396 sqft | AED 400KAED 400,000 · Mar 2021March 2021 | 54,848 /yr | |
| 410 | 1-bed | 802 sqft | AED 1.2MAED 1,200,618 · Jul 2022July 2022 | ||
| 411 | 1-bed | 746 sqft | AED 1.18MAED 1,180,000 · Aug 2026August 2026 | 90,000 /yr | |
| 412 | Studio | 389 sqft | AED 530KAED 530,000 · Jun 2023June 2023 | 55,000 /yr | |
| 413 | Studio | 395 sqft | AED 440KAED 440,000 · Feb 2021February 2021 | 50,000 /yr | |
| 414 | Studio | 416 sqft | AED 498KAED 498,000 · Feb 2021February 2021 | ||
| 415 | Studio | 418 sqft | AED 480KAED 480,000 · Apr 2021April 2021 | 58,000 /yr |
401, Mag 980 in numbers
- Sold once: by MAG on 5 December 2021 for AED 971,190, or AED 1,075 per sqft.
- Rented since December 2025 on one Ejari contract, at AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2021 price is 9.8%.
- 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 27 December 2025.
Questions about 401, Mag 980
What did unit 401 last sell for?
AED 971,190 on 5 December 2021, sold by the developer: AED 1,075 per sqft for 903 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 95,000 a year on the contract renewed on 27 December 2025.
How big is unit 401?
903 sqft (83.9 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2023.
What is unit 401 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 401, Mag 980
Starts from the last sale price (AED 971K, 5 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 971,190
- Deposit, UAE resident (20%)
- AED 194,238
- Deposit, non-resident (40%)
- AED 388,476
- Monthly over 25 years at 3.7%
- AED 3,973
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →