703, Mag 980
Sold prices and rental history: sold twice, last in March 2023, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Mag 980
What is 703 worth today?
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Source: Dubai Land Department. Updated 25 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 415 sqft
- Floor
- 7th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 772K · March 2023
- Building
- Mag 980
About 703, Mag 980
703 is a studio of 415 sqft on the 7th floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 28 March 2023 for AED 771,525, or AED 1,861 per sqft, in line with the AED 1,817 studios in the building were fetching at the time.
One Ejari contract is registered, from 25 July 2026. The current contract, signed on 25 July 2026, is AED 42,000 a year: a gross yield of 5.4% on the 2023 price.
Sales and rents for 703 over time
703 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 703 sits
All 88 studios →703 last sold in March 2023 at AED 1,861 per sqft, in line with what studios in Mag 980 were fetching at the time (AED 1,817). 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. 703's AED 42,000 is in the lower 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 7th floor
All 120 units in Mag 980| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 903 sqft | AED 858KAED 857,500 · Oct 2021October 2021 | ||
| 702 | 1-bed | 869 sqft | AED 1.28MAED 1,275,000 · Mar 2023March 2023 | 90,000 /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 |
703, Mag 980 in numbers
- Sold twice: first on 3 February 2021 for AED 421,000, last on 28 March 2023 for AED 771,525 (AED 1,861 per sqft).
- Rented since July 2026 on one Ejari contract, at AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2023 price is 5.4%.
- 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 25 July 2026.
Questions about 703, Mag 980
What did unit 703 last sell for?
AED 771,525 on 28 March 2023: AED 1,861 per sqft for 415 sqft. The unit has 2 registered sales; the first was AED 421,000 in February 2021.
What is the rent for unit 703?
AED 42,000 a year on the contract signed on 25 July 2026.
How big is unit 703?
415 sqft (38.6 sqm): a studio on the 7th floor of a 8-storey tower completed in 2023.
What is unit 703 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 703, Mag 980
Starts from the last sale price (AED 772K, 28 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 771,525
- Deposit, UAE resident (20%)
- AED 154,305
- Deposit, non-resident (40%)
- AED 308,610
- Monthly over 25 years at 3.7%
- AED 3,157
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →