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1-bed · 802 sqftMag 980, District Seven · 5th floor · completed 2023

510, Mag 980

Sold prices and rental history: sold once, by the developer in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 24 May 2022
Last soldAED 1.2M24 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 510, Mag 980

What is 510 worth today?

Last sold for AED 1,196,185 in 2022

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24 May 2022Sold by developerOff-plan
AED 1,196,185AED 1,491 per sqft

Source: Dubai Land Department. Updated 24 May 2022.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
5th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 1.2M · May 2022
Building
Mag 980

About 510, Mag 980

510 is a one-bedroom apartment of 802 sqft on the 5th floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 24 May 2022 for AED 1,196,185, or AED 1,491 per sqft, 22% above the AED 1,222 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 510 over time

Sales
Unit 510, 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, May 2022: AED 1,196,185 (AED 1,491 per sqft)

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

Rents
Unit 510, each contractTypical one-bed in Mag 980
80K85K90K202520262027Typical rent by year: 2025 AED 90,000; 2026 AED 79,000

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 510 sits

All 32 1-beds →

510 last sold in May 2022 at AED 1,491 per sqft, 22% above what one-beds in Mag 980 were fetching at the time (AED 1,222). 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.

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 5th floor

All 120 units in Mag 980
Value
5011-bedAED 817K · Jan 2024
5021-bedAED 1.29M · Nov 2022
503StudioAED 480K · Aug 2021
504StudioAED 421K · Mar 2021
505StudioAED 421K · Mar 2022
506StudioAED 421K · Feb 2021
507StudioAED 421K · Sep 2021
1–7 of 14

510, Mag 980 in numbers

  • Sold once: by MAG on 24 May 2022 for AED 1,196,185, or AED 1,491 per sqft.
  • 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 24 May 2022.

Questions about 510, Mag 980

What did unit 510 last sell for?

AED 1,196,185 on 24 May 2022, sold by the developer: AED 1,491 per sqft for 802 sqft. It is the only registered sale of the unit.

How big is unit 510?

802 sqft (74.5 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2023.

What is unit 510 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 510, Mag 980

Starts from the last sale price (AED 1.2M, 24 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,196,185
Deposit, UAE resident (20%)
AED 239,237
Deposit, non-resident (40%)
AED 478,474
Monthly over 25 years at 3.7%
AED 4,894

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