108, Mag 980
Sold prices and rental history: sold twice, last in September 2024, and rented once, from February 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 108, Mag 980
What is 108 worth today?
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Source: Dubai Land Department. Updated 1 February 2025.
Key facts
- Type
- Studio apartment
- Size
- 396 sqft
- Floor
- 1st of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 620K · September 2024
- Building
- Mag 980
About 108, Mag 980
108 is a studio of 396 sqft on the 1st floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 16 September 2024 for AED 620,000, or AED 1,566 per sqft, in line with the AED 1,542 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 February 2025. The current contract, signed on 1 February 2025, is AED 55,000 a year: a gross yield of 8.9% on the 2024 price.
Sales and rents for 108 over time
108 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 108 sits
All 85 studios →108 last sold in September 2024 at AED 1,566 per sqft, in line with what studios in Mag 980 were fetching at the time (AED 1,542). Over the last 12 months studios sold for AED 735,000 to 800,000, around AED 1,920 per sqft, and rent for AED 46,200 to 60,000 a year. 108's AED 55,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Feb 20269 February 2026 | 410 sqft | 735,000 | 1,792 | ||
| 31 Jul 202531 July 2025 | 391 sqft | 740,000 | 1,894 | ||
| 21 May 202521 May 2025 | 407 sqft | 675,000 | 1,657 | ||
| 15 May 202515 May 2025 | 410 sqft | 760,000 | 1,853 |
Mag 980
Building120 apartments, studios to 1-bed over 8 floors in District Seven, completed in 2023 by MAG. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,851
- Typical sale
- AED 1.08M
- Typical rent
- AED 56K /yr
- Typical yield
- 7.2%
Other units on the 1st floor
All 120 units in Mag 980| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 903 sqft | AED 850KAED 850,000 · Sep 2021September 2021 | 90,000 /yr | |
| 102 | 1-bed | 861 sqft | AED 1.25MAED 1,250,000 · Jan 2025January 2025 | ||
| 103 | Studio | 415 sqft | AED 640KAED 640,000 · Jul 2024July 2024 | ||
| 104 | Studio | 417 sqft | AED 485KAED 485,000 · Jul 2021July 2021 | ||
| 105 | Studio | 417 sqft | AED 480KAED 480,000 · Jul 2021July 2021 | ||
| 106 | Studio | 417 sqft | AED 421KAED 421,000 · Feb 2021February 2021 | 50,000 /yr | |
| 107 | Studio | 417 sqft | AED 466KAED 465,600 · Dec 2021December 2021 | ||
| 109 | Studio | 396 sqft | AED 400KAED 400,000 · Aug 2021August 2021 | ||
| 110 | 1-bed | 802 sqft | AED 1.28MAED 1,278,300 · Mar 2023March 2023 | 90,000 /yr | |
| 111 | 1-bed | 746 sqft | AED 1.35MAED 1,350,000 · Dec 2024December 2024 | ||
| 112 | Studio | 385 sqft | AED 655KAED 655,000 · Feb 2025February 2025 | ||
| 113 | Studio | 395 sqft | AED 480KAED 480,000 · Apr 2021April 2021 | 52,000 /yr | |
| 114 | Studio | 416 sqft | AED 480KAED 480,000 · Jul 2021July 2021 | 50,000 /yr | |
| 115 | Studio | 418 sqft | AED 490KAED 490,000 · Jul 2023July 2023 | 55,000 /yr |
108, Mag 980 in numbers
- Sold twice: first on 2 February 2021 for AED 400,000, last on 16 September 2024 for AED 620,000 (AED 1,566 per sqft).
- Rented since February 2025 on one Ejari contract, at AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2024 price is 8.9%.
- Studios in Mag 980 sold for AED 735,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 1,851 per sqft.
Source: Dubai Land Department. Updated 1 February 2025.
Questions about 108, Mag 980
What did unit 108 last sell for?
AED 620,000 on 16 September 2024: AED 1,566 per sqft for 396 sqft. The unit has 2 registered sales; the first was AED 400,000 in February 2021.
What is the rent for unit 108?
AED 55,000 a year on the contract signed on 1 February 2025.
How big is unit 108?
396 sqft (36.8 sqm): a studio on the 1st floor of a 8-storey tower completed in 2023.
What is unit 108 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 735,000 to 800,000 in the last 12 months, around AED 1,920 per sqft.
Selling 108? Put it on the OpenOffers board
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Mortgage on 108, Mag 980
Starts from the last sale price (AED 620K, 16 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 620,000
- Deposit, UAE resident (20%)
- AED 124,000
- Deposit, non-resident (40%)
- AED 248,000
- Monthly over 25 years at 3.7%
- AED 2,537
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →