1-bed · 869 sqftMag 980, District Seven · 7th floor · completed 2023

702, Mag 980

Sold prices and rental history: sold once, by the developer in March 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 15 April 2026
Last soldAED 1.28M28 March 2023
Current rentAED 90K /yr15 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Mag 980

What is 702 worth today?

Last sold for AED 1,275,000 in 2023

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15 Apr 2026RentedNew contract
AED 90,000/yr12 months · AED 105 per sqft
1 Apr 2025RentedNew contract
AED 95,000/yr12 months · AED 110 per sqft
1 Apr 2025RentedNew contract
AED 95,000/yr12 months · AED 110 per sqft
28 Mar 2023Sold by developerOff-plan
AED 1,275,000AED 1,467 per sqft

Source: Dubai Land Department. Updated 15 April 2026.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
7th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 1.28M · March 2023
Building
Mag 980

About 702, Mag 980

702 is a one-bedroom apartment of 869 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 28 March 2023 for AED 1,275,000, or AED 1,467 per sqft, in line with the AED 1,490 one-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 15 April 2026, is AED 90,000 a year: a gross yield of 7.1% on the 2023 price.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical one-bed in Mag 980
1M1.25M2021202320252027Typical sale price by year: 2021 AED 863,300; 2022 AED 1,179,000; 2023 AED 1,287,702; 2024 AED 1,350,000; 2025 AED 1,355,000; 2026 AED 1,180,000Sold by developer, March 2023: AED 1,275,000 (AED 1,467 per sqft)

702 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 702, each contractTypical one-bed in Mag 980
80K90K202520262027Typical rent by year: 2025 AED 90,000; 2026 AED 79,000New contract, April 2025: AED 95,000 a yearNew contract, April 2025: AED 95,000 a yearNew contract, April 2026: AED 90,000 a year

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 702 sits

All 32 1-beds →

702 last sold in March 2023 at AED 1,467 per sqft, in line with what one-beds in Mag 980 were fetching at the time (AED 1,490). 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. 702's AED 90,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Aug 20261,180,000
24 Jun 20261,100,000
22 Jan 20261,425,000
18 Dec 20251,360,000
5 1-bed 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 7th floor

All 120 units in Mag 980
Value
7011-bedAED 858K · Oct 2021
703StudioAED 772K · Mar 2023
704StudioAED 440K · Apr 2021
705StudioAED 480K · Jul 2021
706StudioAED 421K · Dec 2021
707StudioAED 615K · Dec 2023
708StudioAED 620K · Jan 2024
1–7 of 14

702, Mag 980 in numbers

  • Sold once: by MAG on 28 March 2023 for AED 1,275,000, or AED 1,467 per sqft.
  • Rented since April 2025 on 3 Ejari contracts, from AED 95,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 7.1%.
  • 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 15 April 2026.

Questions about 702, Mag 980

What did unit 702 last sell for?

AED 1,275,000 on 28 March 2023, sold by the developer: AED 1,467 per sqft for 869 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 90,000 a year on the contract signed on 15 April 2026. The previous contract, from April 2025, was AED 95,000; the unit has been rented since April 2025.

How big is unit 702?

869 sqft (80.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2023.

What is unit 702 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.

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Mortgage on 702, Mag 980

Starts from the last sale price (AED 1.28M, 28 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →