305, Mag 980
Sold prices and rental history: sold twice, last in June 2023, and rented once, from May 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 305, Mag 980
What is 305 worth today?
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Source: Dubai Land Department. Updated 15 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 417 sqft
- Floor
- 3rd of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 530K · June 2023
- Building
- Mag 980
About 305, Mag 980
305 is a studio of 417 sqft on the 3rd floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 19 June 2023 for AED 530,000, or AED 1,271 per sqft, 8% below the AED 1,389 studios in the building were fetching at the time.
One Ejari contract is registered, from 15 May 2025. The current contract, signed on 15 May 2025, is AED 50,000 a year: a gross yield of 9.4% on the 2023 price.
Sales and rents for 305 over time
305 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 305 sits
All 85 studios →305 last sold in June 2023 at AED 1,271 per sqft, 8% below what studios in Mag 980 were fetching at the time (AED 1,389). 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. 305's AED 50,000 is in the lower 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 3rd floor
All 120 units in Mag 980| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 903 sqft | AED 1.32MAED 1,323,000 · Apr 2023April 2023 | ||
| 302 | 1-bed | 869 sqft | AED 1.3MAED 1,300,000 · Aug 2024August 2024 | 95,000 /yr | |
| 303 | Studio | 407 sqft | AED 675KAED 675,000 · May 2025May 2025 | ||
| 304 | Studio | 417 sqft | AED 735KAED 735,000 · Feb 2026February 2026 | ||
| 306 | Studio | 417 sqft | AED 480KAED 480,000 · Jul 2021July 2021 | ||
| 307 | Studio | 417 sqft | AED 480KAED 480,000 · Aug 2021August 2021 | 53,000 /yr | |
| 308 | Studio | 391 sqft | AED 620KAED 620,000 · Jun 2024June 2024 | ||
| 309 | Studio | 396 sqft | AED 550KAED 550,000 · Aug 2023August 2023 | 53,000 /yr | |
| 310 | 796 sqft | AED 1.3MAED 1,300,000 · Apr 2025April 2025 | |||
| 311 | 1-bed | 746 sqft | AED 1.44MAED 1,442,280 · Jan 2025January 2025 | 76,000 /yr | |
| 312 | Studio | 385 sqft | AED 780KAED 780,000 · Jan 2025January 2025 | ||
| 313 | Studio | 395 sqft | AED 421KAED 421,000 · Jul 2021July 2021 | ||
| 314 | Studio | 410 sqft | AED 720KAED 720,000 · Dec 2024December 2024 | ||
| 315 | Studio | 413 sqft | AED 780KAED 780,000 · Feb 2025February 2025 |
305, Mag 980 in numbers
- Sold twice: first on 14 July 2021 for AED 508,000, last on 19 June 2023 for AED 530,000 (AED 1,271 per sqft).
- Rented since May 2025 on one Ejari contract, at AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2023 price is 9.4%.
- 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 15 May 2025.
Questions about 305, Mag 980
What did unit 305 last sell for?
AED 530,000 on 19 June 2023: AED 1,271 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 508,000 in July 2021.
What is the rent for unit 305?
AED 50,000 a year on the contract signed on 15 May 2025.
How big is unit 305?
417 sqft (38.7 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2023.
What is unit 305 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 305? Put it on the OpenOffers board
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Mortgage on 305, Mag 980
Starts from the last sale price (AED 530K, 19 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 530,000
- Deposit, UAE resident (20%)
- AED 106,000
- Deposit, non-resident (40%)
- AED 212,000
- Monthly over 25 years at 3.7%
- AED 2,168
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →