Studio · 391 sqftMag 980, District Seven · 3rd floor · completed 2023

308, Mag 980

Sold prices and rental history: sold 4 times, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 24 June 2024
Last soldAED 620K24 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Mag 980

What is 308 worth today?

Last sold for AED 620,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

24 Jun 2024SoldOff-plan
AED 620,000AED 1,566 per sqft
2 May 2023SoldOff-plan
AED 550,000AED 1,389 per sqft
2 Mar 2022SoldOff-plan
AED 490,000AED 1,237 per sqft
16 May 2021Sold by developerOff-plan
AED 400,000AED 1,010 per sqft

Source: Dubai Land Department. Updated 24 June 2024.

Key facts

Type
Studio apartment
Size
391 sqft
Floor
3rd of 8
Parking
G-19
Developer
MAG
Completed
2023
Last sold
AED 620K · June 2024
Building
Mag 980

About 308, Mag 980

308 is a studio of 391 sqft on the 3rd floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 24 June 2024 for AED 620,000, or AED 1,566 per sqft, 6% above the AED 1,475 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 308 over time

Sales
Unit 308, 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, May 2021: AED 400,000 (AED 1,010 per sqft)Sold, March 2022: AED 490,000 (AED 1,237 per sqft)Sold, May 2023: AED 550,000 (AED 1,389 per sqft)Sold, June 2024: AED 620,000 (AED 1,566 per sqft)

308 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 308, 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 308 sits

All 85 studios →

308 last sold in June 2024 at AED 1,566 per sqft, 6% above what studios in Mag 980 were fetching at the time (AED 1,475). 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
306StudioAED 480K · Jul 2021
307StudioAED 480K · Aug 2021
1–7 of 14

308, Mag 980 in numbers

  • Sold 4 times: first on 16 May 2021 for AED 400,000, last on 24 June 2024 for AED 620,000 (AED 1,566 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 24 June 2024.

Questions about 308, Mag 980

What did unit 308 last sell for?

AED 620,000 on 24 June 2024: AED 1,566 per sqft for 391 sqft. The unit has 4 registered sales; the first was AED 400,000 in May 2021.

How big is unit 308?

391 sqft (36.3 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2023.

What is unit 308 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 308? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 308, Mag 980

Starts from the last sale price (AED 620K, 24 June 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 →