803, Mag 980
Sold prices and rental history: sold twice, last in December 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 803, Mag 980
What is 803 worth today?
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Source: Dubai Land Department. Updated 24 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 415 sqft
- Floor
- 8th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 550K · December 2023
- Building
- Mag 980
About 803, Mag 980
803 is a studio of 415 sqft on the 8th floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 13 December 2023 for AED 550,000, or AED 1,326 per sqft, 5% below the AED 1,389 studios in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 24 July 2026, is AED 50,000 a year: a gross yield of 9.1% on the 2023 price.
Sales and rents for 803 over time
803 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 803 sits
All 88 studios →803 last sold in December 2023 at AED 1,326 per sqft, 5% below 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. 803's AED 50,000 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 8th floor
All 120 units in Mag 980| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 1-bed | 903 sqft | AED 1.14MAED 1,139,994 · Feb 2022February 2022 | 100,000 /yr | |
| 802 | 1-bed | 869 sqft | AED 1.28MAED 1,275,000 · Mar 2023March 2023 | 78,000 /yr | |
| 804 | Studio | 410 sqft | AED 730KAED 730,000 · Sep 2025September 2025 | ||
| 805 | Studio | 417 sqft | AED 421KAED 421,000 · Jan 2021January 2021 | ||
| 806 | Studio | 417 sqft | AED 480KAED 480,000 · Apr 2021April 2021 | 52,000 /yr | |
| 807 | Studio | 417 sqft | AED 421KAED 421,000 · Mar 2021March 2021 | 45,000 /yr | |
| 808 | Studio | 396 sqft | AED 400KAED 400,000 · Jan 2021January 2021 | 55,000 /yr | |
| 809 | Studio | 391 sqft | AED 750KAED 750,000 · Feb 2025February 2025 | ||
| 810 | 1-bed | 796 sqft | AED 1.39MAED 1,390,000 · Jul 2025July 2025 | ||
| 811 | 1-bed | 746 sqft | AED 1.43MAED 1,425,000 · Jan 2026January 2026 | 85,000 /yr | |
| 812 | Studio | 389 sqft | AED 480KAED 480,000 · Mar 2021March 2021 | 45,000 /yr | |
| 813 | Studio | 391 sqft | AED 750KAED 750,000 · Mar 2025March 2025 | 63,000 /yr | |
| 814 | Studio | 410 sqft | AED 760KAED 760,000 · May 2025May 2025 | ||
| 815 | Studio | 413 sqft | AED 30KAED 29,523 · Aug 2026August 2026 | 58,000 /yr |
803, Mag 980 in numbers
- Sold twice: first on 9 December 2021 for AED 480,000, last on 13 December 2023 for AED 550,000 (AED 1,326 per sqft).
- Rented since July 2025 on 2 Ejari contracts, at AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2023 price is 9.1%.
- 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 24 July 2026.
Questions about 803, Mag 980
What did unit 803 last sell for?
AED 550,000 on 13 December 2023: AED 1,326 per sqft for 415 sqft. The unit has 2 registered sales; the first was AED 480,000 in December 2021.
What is the rent for unit 803?
AED 50,000 a year on the contract renewed on 24 July 2026. The previous contract, from July 2025, was AED 50,000.
How big is unit 803?
415 sqft (38.6 sqm): a studio on the 8th floor of a 8-storey tower completed in 2023.
What is unit 803 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 803? Put it on the OpenOffers board
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Mortgage on 803, Mag 980
Starts from the last sale price (AED 550K, 13 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →