514, Mag 980
Sold prices and rental history: sold 3 times, last in February 2025, 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 514, Mag 980
What is 514 worth today?
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Source: Dubai Land Department. Updated 1 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 205 sqft
- Floor
- 5th of 8
- Parking
- G-69
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 448K · February 2025
- Building
- Mag 980
About 514, Mag 980
514 is a studio of 205 sqft on the 5th floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 11 February 2025 for AED 448,140, or AED 2,185 per sqft, 33% above the AED 1,649 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 December 2025. The current contract, signed on 1 December 2025, is AED 25,000 a year: a gross yield of 5.6% on the 2025 price.
Sales and rents for 514 over time
514 has sold 3 times; the dashed line is the studio median of each year in the building.
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 514 sits
All 88 studios →514 last sold in February 2025 at AED 2,185 per sqft, 33% above what studios in Mag 980 were fetching at the time (AED 1,649). 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. 514's AED 25,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 412 sqft | 700,000 | 1,699 | ||
| 7 Aug 20267 August 2026 | 413 sqft | 29,523 | 71 | ||
| 7 Jul 20267 July 2026 | 410 sqft | 700,000 | 1,707 | ||
| 9 Feb 20269 February 2026 | 410 sqft | 735,000 | 1,792 |
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 5th floor
All 120 units in Mag 980| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 903 sqft | AED 817KAED 817,200 · Jan 2024January 2024 | 95,000 /yr | |
| 502 | 1-bed | 869 sqft | AED 1.29MAED 1,293,002 · Nov 2022November 2022 | 75,000 /yr | |
| 503 | Studio | 415 sqft | AED 480KAED 480,000 · Aug 2021August 2021 | ||
| 504 | Studio | 417 sqft | AED 421KAED 421,000 · Mar 2021March 2021 | 57,000 /yr | |
| 505 | Studio | 417 sqft | AED 421KAED 421,000 · Mar 2022March 2022 | 55,148 /yr | |
| 506 | Studio | 417 sqft | AED 421KAED 421,000 · Feb 2021February 2021 | ||
| 507 | Studio | 417 sqft | AED 421KAED 421,000 · Sep 2021September 2021 | ||
| 508 | Studio | 391 sqft | AED 600KAED 600,000 · Dec 2024December 2024 | 50,017 /yr | |
| 509 | Studio | 396 sqft | AED 400KAED 400,000 · Mar 2021March 2021 | 45,000 /yr | |
| 510 | 1-bed | 802 sqft | AED 1.2MAED 1,196,185 · May 2022May 2022 | ||
| 511 | 1-bed | 752 sqft | AED 890KAED 890,000 · Oct 2021October 2021 | 85,000 /yr | |
| 512 | Studio | 389 sqft | AED 430KAED 430,100 · Dec 2021December 2021 | 55,000 /yr | |
| 513 | Studio | 395 sqft | AED 600KAED 600,000 · Nov 2023November 2023 | 55,000 /yr | |
| 515 | Studio | 418 sqft | AED 480KAED 480,000 · May 2021May 2021 | 50,000 /yr |
514, Mag 980 in numbers
- Sold 3 times: first on 1 March 2021 for AED 509,000, last on 11 February 2025 for AED 448,140 (AED 2,185 per sqft).
- Rented since December 2025 on one Ejari contract, at AED 25,000 a year.
- At AED 25,000 a year the gross yield on the 2025 price is 5.6%.
- 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 1 December 2025.
Questions about 514, Mag 980
What did unit 514 last sell for?
AED 448,140 on 11 February 2025: AED 2,185 per sqft for 205 sqft. The unit has 3 registered sales; the first was AED 509,000 in March 2021.
What is the rent for unit 514?
AED 25,000 a year on the contract signed on 1 December 2025.
How big is unit 514?
205 sqft (19.0 sqm): a studio on the 5th floor of a 8-storey tower completed in 2023.
What is unit 514 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.
Selling 514? Put it on the OpenOffers board
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Mortgage on 514, Mag 980
Starts from the last sale price (AED 448K, 11 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 448,140
- Deposit, UAE resident (20%)
- AED 89,628
- Deposit, non-resident (40%)
- AED 179,256
- Monthly over 25 years at 3.7%
- AED 1,833
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →