701, Mag 980
Sold prices and rental history: sold once, by the developer in October 2021, 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 701, Mag 980
What is 701 worth today?
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Source: Dubai Land Department. Updated 17 October 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 903 sqft
- Floor
- 7th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 858K · October 2021
- Building
- Mag 980
About 701, Mag 980
701 is a one-bedroom apartment of 903 sqft on the 7th floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 17 October 2021 for AED 857,500, or AED 949 per sqft, 12% below the AED 1,083 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 701 over time
701 has sold once; the dashed line is the one-bed median of each year in the building.
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 701 sits
All 32 1-beds →701 last sold in October 2021 at AED 949 per sqft, 12% below what one-beds in Mag 980 were fetching at the time (AED 1,083). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 746 sqft | 1,180,000 | 1,581 | ||
| 24 Jun 202624 June 2026 | 796 sqft | 1,100,000 | 1,381 | ||
| 22 Jan 202622 January 2026 | 746 sqft | 1,425,000 | 1,910 | ||
| 18 Dec 202518 December 2025 | 796 sqft | 1,360,000 | 1,708 |
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 7th floor
All 120 units in Mag 980| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 869 sqft | AED 1.28MAED 1,275,000 · Mar 2023March 2023 | 90,000 /yr | |
| 703 | Studio | 415 sqft | AED 772KAED 771,525 · Mar 2023March 2023 | 42,000 /yr | |
| 704 | Studio | 417 sqft | AED 440KAED 440,000 · Apr 2021April 2021 | 54,000 /yr | |
| 705 | Studio | 417 sqft | AED 480KAED 480,000 · Jul 2021July 2021 | 54,000 /yr | |
| 706 | Studio | 417 sqft | AED 421KAED 421,000 · Dec 2021December 2021 | 50,000 /yr | |
| 707 | Studio | 417 sqft | AED 615KAED 615,000 · Dec 2023December 2023 | 55,000 /yr | |
| 708 | Studio | 396 sqft | AED 620KAED 620,000 · Jan 2024January 2024 | 56,000 /yr | |
| 709 | Studio | 396 sqft | AED 400KAED 400,000 · Apr 2023April 2023 | 58,000 /yr | |
| 710 | 1-bed | 796 sqft | AED 1.1MAED 1,100,000 · Jun 2026June 2026 | 74,000 /yr | |
| 711 | 1-bed | 746 sqft | AED 1.08MAED 1,083,786 · Jul 2025July 2025 | 85,000 /yr | |
| 712 | Studio | 385 sqft | AED 710KAED 710,000 · Jan 2025January 2025 | 60,000 /yr | |
| 713 | Studio | 391 sqft | AED 800KAED 800,000 · Dec 2025December 2025 | 53,000 /yr | |
| 714 | Studio | 416 sqft | AED 480KAED 480,000 · Oct 2021October 2021 | ||
| 715 | Studio | 413 sqft | AED 700KAED 700,000 · Mar 2025March 2025 | 45,000 /yr |
701, Mag 980 in numbers
- Sold once: by MAG on 17 October 2021 for AED 857,500, or AED 949 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 17 October 2021.
Questions about 701, Mag 980
What did unit 701 last sell for?
AED 857,500 on 17 October 2021, sold by the developer: AED 949 per sqft for 903 sqft. It is the only registered sale of the unit.
How big is unit 701?
903 sqft (83.9 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2023.
What is unit 701 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.
Selling 701? Put it on the OpenOffers board
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Mortgage on 701, Mag 980
Starts from the last sale price (AED 858K, 17 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 857,500
- Deposit, UAE resident (20%)
- AED 171,500
- Deposit, non-resident (40%)
- AED 343,000
- Monthly over 25 years at 3.7%
- AED 3,508
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →