Studio · 418 sqftMag 980, District Seven · 6th floor · completed 2023

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.

Unit 615 · DLD and Ejari recordsUpdated 22 April 2022
Last soldAED 699K22 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 615, Mag 980

What is 615 worth today?

Last sold for AED 699,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Apr 2022Sold by developerOff-plan
AED 699,000AED 1,672 per sqft

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

Sales
Unit 615, each saleTypical studio in Mag 980
400K600K2021202320252027Typical sale price by year: 2021 AED 430,100; 2022 AED 633,864; 2023 AED 550,000; 2024 AED 630,000; 2025 AED 740,000; 2026 AED 700,000Sold by developer, April 2022: AED 699,000 (AED 1,672 per sqft)

615 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 615, each contractTypical studio in Mag 980
50K52K54K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 54,000; 2026 AED 52,000

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 salesUnit no.Price (AED)Summary
7 Sep 2026700,000
7 Aug 202629,523
7 Jul 2026700,000
9 Feb 2026735,000
5 studio 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 6th floor

All 120 units in Mag 980
Value
6011-bedAED 1.38M · Apr 2024
6021-bedAED 1.48M · Oct 2025
603StudioAED 788K · Nov 2024
604StudioAED 421K · Jan 2021
605StudioAED 774K · May 2025
606StudioAED 570K · Jun 2023
607StudioAED 421K · Mar 2021
1–7 of 14

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.

Selling 615? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

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 →