Studio · 417 sqftMag 980, District Seven · 3rd floor · completed 2023

306, Mag 980

Sold prices and rental history: sold once, by the developer in July 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 14 July 2021
Last soldAED 480K14 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Mag 980

What is 306 worth today?

Last sold for AED 480,000 in 2021

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14 Jul 2021Sold by developerOff-plan
AED 480,000AED 1,151 per sqft

Source: Dubai Land Department. Updated 14 July 2021.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
3rd of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 480K · July 2021
Building
Mag 980

About 306, Mag 980

306 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. The developer sold it on 14 July 2021 for AED 480,000, or AED 1,151 per sqft, 11% above the AED 1,035 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical studio in Mag 980
400K600K202120232025Typical sale price by year: 2021 AED 430,100; 2022 AED 633,864; 2023 AED 550,000; 2024 AED 630,000; 2025 AED 732,500Sold by developer, July 2021: AED 480,000 (AED 1,151 per sqft)

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

Rents
Unit 306, each contractTypical studio in Mag 980
50K55K2024202520262027Typical rent by year: 2024 AED 50,000; 2025 AED 52,500; 2026 AED 55,574

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 306 sits

All 85 studios →

306 last sold in July 2021 at AED 1,151 per sqft, 11% above what studios in Mag 980 were fetching at the time (AED 1,035). 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.

Recent studio salesUnit no.Price (AED)Summary
9 Feb 2026735,000
31 Jul 2025740,000
21 May 2025675,000
15 May 2025760,000
2 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. 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%
Mag 980, District Seven: prices, sales and rents →

Other units on the 3rd floor

All 120 units in Mag 980
Value
3011-bedAED 1.32M · Apr 2023
3021-bedAED 1.3M · Aug 2024
303StudioAED 675K · May 2025
304StudioAED 735K · Feb 2026
305StudioAED 530K · Jun 2023
307StudioAED 480K · Aug 2021
308StudioAED 620K · Jun 2024
1–7 of 14

306, Mag 980 in numbers

  • Sold once: by MAG on 14 July 2021 for AED 480,000, or AED 1,151 per sqft.
  • 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 14 July 2021.

Questions about 306, Mag 980

What did unit 306 last sell for?

AED 480,000 on 14 July 2021, sold by the developer: AED 1,151 per sqft for 417 sqft. It is the only registered sale of the unit.

How big is unit 306?

417 sqft (38.7 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2023.

What is unit 306 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.

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Mortgage on 306, Mag 980

Starts from the last sale price (AED 480K, 14 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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