707, Mag 980
Sold prices and rental history: sold twice, last in December 2023, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 707, Mag 980
What is 707 worth today?
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Source: Dubai Land Department. Updated 1 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 417 sqft
- Floor
- 7th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 615K · December 2023
- Building
- Mag 980
About 707, Mag 980
707 is a studio of 417 sqft on the 7th floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 7 December 2023 for AED 615,000, or AED 1,475 per sqft, 6% above the AED 1,389 studios in the building were fetching at the time.
It has been rented since 2026 on 2 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 55,000 a year: a gross yield of 8.9% on the 2023 price.
Sales and rents for 707 over time
707 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 707 sits
All 88 studios →707 last sold in December 2023 at AED 1,475 per sqft, 6% above what studios in Mag 980 were fetching at the time (AED 1,389). 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. 707's AED 55,000 is in the upper 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 | |
| 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 | |
| 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 |
707, Mag 980 in numbers
- Sold twice: first on 1 April 2021 for AED 421,000, last on 7 December 2023 for AED 615,000 (AED 1,475 per sqft).
- Rented since January 2026 on 2 Ejari contracts, at AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2023 price is 8.9%.
- 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 1 January 2026.
Questions about 707, Mag 980
What did unit 707 last sell for?
AED 615,000 on 7 December 2023: AED 1,475 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 421,000 in April 2021.
What is the rent for unit 707?
AED 55,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2026, was AED 55,000.
How big is unit 707?
417 sqft (38.7 sqm): a studio on the 7th floor of a 8-storey tower completed in 2023.
What is unit 707 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 707? Put it on the OpenOffers board
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Mortgage on 707, Mag 980
Starts from the last sale price (AED 615K, 7 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 615,000
- Deposit, UAE resident (20%)
- AED 123,000
- Deposit, non-resident (40%)
- AED 246,000
- Monthly over 25 years at 3.7%
- AED 2,516
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →