
615, Mag 980
Sold prices and rental history: sold once, by the developer in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 615, Mag 980
What is 615 worth today?
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Source: Dubai Land Department. Updated 22 April 2022.
Key facts
- Type
- Studio apartment
- Size
- 418 sqft
- Floor
- 6th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 699K · April 2022
- Building
- Mag 980
About 615, Mag 980
615 is a studio of 418 sqft on the 6th floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 22 April 2022 for AED 699,000, or AED 1,672 per sqft, 45% above the AED 1,151 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 615 over time
615 has sold once; 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 615 sits
All 88 studios →615 last sold in April 2022 at AED 1,672 per sqft, 45% above what studios in Mag 980 were fetching at the time (AED 1,151). 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.
| 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 | ||
| 603 | Studio | 407 sqft | AED 788KAED 787,950 · Nov 2024November 2024 | 46,000 /yr | |
| 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, Mag 980 in numbers
- Sold once: by MAG on 22 April 2022 for AED 699,000, or AED 1,672 per sqft.
- 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 22 April 2022.
Questions about 615, Mag 980
What did unit 615 last sell for?
AED 699,000 on 22 April 2022, sold by the developer: AED 1,672 per sqft for 418 sqft. It is the only registered sale of the unit.
How big is unit 615?
418 sqft (38.8 sqm): a studio on the 6th floor of a 8-storey tower completed in 2023.
What is unit 615 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 615, Mag 980
Starts from the last sale price (AED 699K, 22 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 699,000
- Deposit, UAE resident (20%)
- AED 139,800
- Deposit, non-resident (40%)
- AED 279,600
- Monthly over 25 years at 3.7%
- AED 2,860
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →