Studio · 396 sqftMag 980, District Seven · 8th floor · completed 2023

808, Mag 980

Sold prices and rental history: sold once, by the developer in January 2021, and rented once, from May 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 808 · DLD and Ejari recordsUpdated 17 May 2025
Last soldAED 400K10 January 2021
Current rentAED 55K /yr17 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 808, Mag 980

What is 808 worth today?

Last sold for AED 400,000 in 2021

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17 May 2025RentedNew contract
AED 55,000/yr12 months · AED 141 per sqft
10 Jan 2021Sold by developerOff-plan
AED 400,000AED 1,010 per sqft

Source: Dubai Land Department. Updated 17 May 2025.

Key facts

Type
Studio apartment
Size
396 sqft
Floor
8th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 400K · January 2021
Building
Mag 980

About 808, Mag 980

808 is a studio of 396 sqft on the 8th floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 10 January 2021 for AED 400,000, or AED 1,010 per sqft, in line with the AED 1,010 studios in the building were fetching at the time.

One Ejari contract is registered, from 17 May 2025. The current contract, signed on 17 May 2025, is AED 55,000 a year: a gross yield of 13.8% on the 2021 price.

Sales and rents for 808 over time

Sales
Unit 808, each saleTypical studio in Mag 980
400K600K800K2021202320252027Typical sale price by year: 2021 AED 430,100; 2022 AED 633,864; 2023 AED 550,000; 2024 AED 630,000; 2025 AED 740,000; 2026 AED 700,000Sold by developer, January 2021: AED 400,000 (AED 1,010 per sqft)

808 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 808, each contractTypical studio in Mag 980
50K53K55K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 54,000; 2026 AED 52,000New contract, May 2025: AED 55,000 a year

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 808 sits

All 88 studios →

808 last sold in January 2021 at AED 1,010 per sqft, in line with what studios in Mag 980 were fetching at the time (AED 1,010). 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. 808's AED 55,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
7 Sep 2026700,000
7 Aug 202629,523
7 Jul 2026700,000
9 Feb 2026735,000
5 studio 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 8th floor

All 120 units in Mag 980
Value
8011-bedAED 1.14M · Feb 2022
8021-bedAED 1.28M · Mar 2023
803StudioAED 550K · Dec 2023
804StudioAED 730K · Sep 2025
805StudioAED 421K · Jan 2021
806StudioAED 480K · Apr 2021
807StudioAED 421K · Mar 2021
1–7 of 14

808, Mag 980 in numbers

  • Sold once: by MAG on 10 January 2021 for AED 400,000, or AED 1,010 per sqft.
  • Rented since May 2025 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2021 price is 13.8%.
  • 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 17 May 2025.

Questions about 808, Mag 980

What did unit 808 last sell for?

AED 400,000 on 10 January 2021, sold by the developer: AED 1,010 per sqft for 396 sqft. It is the only registered sale of the unit.

What is the rent for unit 808?

AED 55,000 a year on the contract signed on 17 May 2025.

How big is unit 808?

396 sqft (36.8 sqm): a studio on the 8th floor of a 8-storey tower completed in 2023.

What is unit 808 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 808, Mag 980

Starts from the last sale price (AED 400K, 10 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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