1-bed · 861 sqftMag 980, District Seven · 4th floor · completed 2023

402, Mag 980

Sold prices and rental history: sold twice, last in May 2025, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 21 September 2026
Last soldAED 1.35M12 May 2025
Current rentAED 80K /yr21 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Mag 980

What is 402 worth today?

Last sold for AED 1,350,000 in 2025

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21 Sep 2026RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
12 May 2025SoldReady
AED 1,350,000AED 1,568 per sqft
28 Mar 2023Sold by developerOff-plan
AED 1,306,018AED 1,503 per sqft

Source: Dubai Land Department. Updated 21 September 2026.

Key facts

Type
1-bed apartment
Size
861 sqft
Floor
4th of 8
Parking
G-107
Developer
MAG
Completed
2023
Last sold
AED 1.35M · May 2025
Building
Mag 980

About 402, Mag 980

402 is a one-bedroom apartment of 861 sqft on the 4th floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 12 May 2025 for AED 1,350,000, or AED 1,568 per sqft, 9% below the AED 1,721 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 21 September 2026. The current contract, signed on 21 September 2026, is AED 80,000 a year: a gross yield of 5.9% on the 2025 price.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical one-bed in Mag 980
1M1.25M2021202320252027Typical 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, March 2023: AED 1,306,018 (AED 1,503 per sqft)Sold, May 2025: AED 1,350,000 (AED 1,568 per sqft)

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

Rents
Unit 402, each contractTypical one-bed in Mag 980
80K85K90K202520262027Typical rent by year: 2025 AED 90,000; 2026 AED 79,000New contract, September 2026: AED 80,000 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 402 sits

All 32 1-beds →

402 last sold in May 2025 at AED 1,568 per sqft, 9% below what one-beds in Mag 980 were fetching at the time (AED 1,721). 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. 402's AED 80,000 is in the lower half 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 4th floor

All 120 units in Mag 980
Value
4011-bedAED 971K · Dec 2021
403StudioAED 620K · Jul 2024
404StudioAED 421K · Feb 2021
405StudioAED 421K · Feb 2021
406StudioAED 645K · Feb 2025
407StudioAED 480K · Jul 2021
408StudioAED 740K · Jul 2025
1–7 of 14

402, Mag 980 in numbers

  • Sold twice: first on 28 March 2023 for AED 1,306,018, last on 12 May 2025 for AED 1,350,000 (AED 1,568 per sqft).
  • Rented since September 2026 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2025 price is 5.9%.
  • 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 21 September 2026.

Questions about 402, Mag 980

What did unit 402 last sell for?

AED 1,350,000 on 12 May 2025: AED 1,568 per sqft for 861 sqft. The unit has 2 registered sales; the first was AED 1,306,018 in March 2023.

What is the rent for unit 402?

AED 80,000 a year on the contract signed on 21 September 2026.

How big is unit 402?

861 sqft (80.0 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2023.

What is unit 402 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 402, Mag 980

Starts from the last sale price (AED 1.35M, 12 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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