Studio · 396 sqftMag 980, District Seven · 3rd floor · completed 2023

309, Mag 980

Sold prices and rental history: sold twice, last in August 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 309 · DLD and Ejari recordsUpdated 23 January 2026

Last soldAED 550K9 August 2023

Current rentAED 53K /yr23 January 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 309, Mag 980

Today

What is 309 worth today?

Last sold for AED 550,000 in 2023

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23 Jan 2026

23 Jan 2026RentedRenewal

AED 53,000/yr12 months · AED 136 per sqft

23 Jan 2025

23 Jan 2025RentedNew contract

AED 52,000/yr12 months · AED 133 per sqft

9 Aug 2023

9 Aug 2023SoldOff-plan

AED 550,000AED 1,389 per sqft

10 Jan 2021

10 Jan 2021Sold by developerOff-plan

AED 400,000AED 1,010 per sqft

Source: Dubai Land Department. Updated 23 January 2026.

Key facts

Type: Studio apartment
Size: 396 sqft
Floor: 3rd of 8
Parking: 1
Developer: MAG
Completed: 2023
Last sold: AED 550K · August 2023
Building: Mag 980

About 309, Mag 980

309 is a studio of 396 sqft on the 3rd floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 9 August 2023 for AED 550,000, or AED 1,389 per sqft, in line with the AED 1,389 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 23 January 2026, is AED 53,000 a year: a gross yield of 9.6% on the 2023 price.

Sales and rents for 309 over time

Sales

Unit 309, each saleTypical studio in Mag 980

309 has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 309, each contractTypical studio in Mag 980

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 309 sits

All 85 studios →

Studios in Mag 980 · last 12 months1,920 /sqft Mag 980 · all types1,851 /sqft

309 last sold in August 2023 at AED 1,389 per sqft, in line with 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. 309's AED 53,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
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

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


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
305	Studio	417 sqft	AED 530KAED 530,000 · Jun 2023June 2023	50,000 /yr
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
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

1–7 of 14

309, Mag 980 in numbers

Sold twice: first on 10 January 2021 for AED 400,000, last on 9 August 2023 for AED 550,000 (AED 1,389 per sqft).
Rented since January 2025 on 2 Ejari contracts, from AED 52,000 to AED 53,000 a year.
At AED 53,000 a year the gross yield on the 2023 price is 9.6%.
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 23 January 2026.

Questions about 309, Mag 980

What did unit 309 last sell for?

AED 550,000 on 9 August 2023: AED 1,389 per sqft for 396 sqft. The unit has 2 registered sales; the first was AED 400,000 in January 2021.

What is the rent for unit 309?

AED 53,000 a year on the contract renewed on 23 January 2026. The previous contract, from January 2025, was AED 52,000.

How big is unit 309?

396 sqft (36.8 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2023.

What is unit 309 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 309, Mag 980

Starts from the last sale price (AED 550K, 9 August 2023). Switch to today's estimate once you have unlocked it.

Price: AED 550,000
Deposit, UAE resident (20%): AED 110,000
Deposit, non-resident (40%): AED 220,000
Monthly over 25 years at 3.7%: AED 2,250

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