603, Mag 980
Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, Mag 980
What is 603 worth today?
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Source: Dubai Land Department. Updated 8 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 407 sqft
- Floor
- 6th of 8
- Parking
- G-75
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 788K · November 2024
- Building
- Mag 980
About 603, Mag 980
603 is a studio of 407 sqft on the 6th floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 13 November 2024 for AED 787,950, or AED 1,935 per sqft, 25% above the AED 1,543 studios in the building were fetching at the time.
It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, signed on 8 October 2026, is AED 46,000 a year: a gross yield of 5.8% on the 2024 price.
Sales and rents for 603 over time
603 has sold twice; 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 603 sits
All 88 studios →603 last sold in November 2024 at AED 1,935 per sqft, 25% above what studios in Mag 980 were fetching at the time (AED 1,543). 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. 603's AED 46,000 is in the upper half 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 6th floor
All 120 units in Mag 980| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 903 sqft | AED 1.38MAED 1,375,000 · Apr 2024April 2024 | ||
| 602 | 1-bed | 861 sqft | AED 1.48MAED 1,475,000 · Oct 2025October 2025 | ||
| 604 | Studio | 417 sqft | AED 421KAED 421,000 · Jan 2021January 2021 | ||
| 605 | Studio | 408 sqft | AED 774KAED 774,000 · May 2025May 2025 | 55,000 /yr | |
| 606 | Studio | 417 sqft | AED 570KAED 570,000 · Jun 2023June 2023 | ||
| 607 | Studio | 417 sqft | AED 421KAED 421,000 · Mar 2021March 2021 | 50,000 /yr | |
| 608 | Studio | 396 sqft | AED 400KAED 400,000 · Jan 2021January 2021 | ||
| 609 | Studio | 396 sqft | AED 750KAED 750,000 · Nov 2022November 2022 | ||
| 610 | 1-bed | 802 sqft | AED 980KAED 980,000 · Dec 2021December 2021 | 80,000 /yr | |
| 611 | 1-bed | 746 sqft | AED 863KAED 863,300 · Jul 2021July 2021 | 80,000 /yr | |
| 612 | Studio | 389 sqft | AED 480KAED 480,000 · Mar 2021March 2021 | 44,000 /yr | |
| 613 | Studio | 391 sqft | AED 725KAED 725,000 · Jan 2025January 2025 | ||
| 614 | Studio | 416 sqft | AED 462KAED 462,000 · Feb 2021February 2021 | 57,000 /yr | |
| 615 | Studio | 418 sqft | AED 699KAED 699,000 · Apr 2022April 2022 |
603, Mag 980 in numbers
- Sold twice: first on 10 January 2021 for AED 421,000, last on 13 November 2024 for AED 787,950 (AED 1,935 per sqft).
- Rented since January 2025 on 4 Ejari contracts, from AED 55,000 to AED 46,000 a year.
- At AED 46,000 a year the gross yield on the 2024 price is 5.8%.
- 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 8 October 2026.
Questions about 603, Mag 980
What did unit 603 last sell for?
AED 787,950 on 13 November 2024: AED 1,935 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 421,000 in January 2021.
What is the rent for unit 603?
AED 46,000 a year on the contract signed on 8 October 2026. The previous contract, from February 2026, was AED 60,000; the unit has been rented since January 2025.
How big is unit 603?
407 sqft (37.8 sqm): a studio on the 6th floor of a 8-storey tower completed in 2023.
What is unit 603 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 603, Mag 980
Starts from the last sale price (AED 788K, 13 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 787,950
- Deposit, UAE resident (20%)
- AED 157,590
- Deposit, non-resident (40%)
- AED 315,180
- Monthly over 25 years at 3.7%
- AED 3,224
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →