403, Mag 980
Sold prices and rental history: sold twice, last in July 2024, 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 403, Mag 980
What is 403 worth today?
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Source: Dubai Land Department. Updated 28 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 407 sqft
- Floor
- 4th of 8
- Parking
- G-36
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 620K · July 2024
- Building
- Mag 980
About 403, Mag 980
403 is a studio of 407 sqft on the 4th floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 3 July 2024 for AED 620,000, or AED 1,495 per sqft, in line with the AED 1,506 studios in the building were fetching at the time.
One Ejari contract is registered, from 28 May 2025. The current contract, signed on 28 May 2025, is AED 55,000 a year: a gross yield of 8.9% on the 2024 price.
Sales and rents for 403 over time
403 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 403 sits
All 85 studios →403 last sold in July 2024 at AED 1,495 per sqft, in line with what studios in Mag 980 were fetching at the time (AED 1,506). 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. 403'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 4th floor
All 120 units in Mag 980| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 903 sqft | AED 971KAED 971,190 · Dec 2021December 2021 | 95,000 /yr | |
| 402 | 1-bed | 861 sqft | AED 1.35MAED 1,350,000 · May 2025May 2025 | ||
| 404 | Studio | 417 sqft | AED 421KAED 421,000 · Feb 2021February 2021 | ||
| 405 | Studio | 417 sqft | AED 421KAED 421,000 · Feb 2021February 2021 | ||
| 406 | Studio | 412 sqft | AED 645KAED 645,000 · Feb 2025February 2025 | ||
| 407 | Studio | 417 sqft | AED 480KAED 480,000 · Jul 2021July 2021 | ||
| 408 | Studio | 391 sqft | AED 740KAED 740,000 · Jul 2025July 2025 | ||
| 409 | Studio | 396 sqft | AED 400KAED 400,000 · Mar 2021March 2021 | ||
| 410 | 1-bed | 802 sqft | AED 1.2MAED 1,200,618 · Jul 2022July 2022 | ||
| 411 | 1-bed | 752 sqft | AED 1.43MAED 1,428,000 · Aug 2024August 2024 | 90,000 /yr | |
| 412 | Studio | 389 sqft | AED 530KAED 530,000 · Jun 2023June 2023 | ||
| 413 | Studio | 395 sqft | AED 440KAED 440,000 · Feb 2021February 2021 | 50,000 /yr | |
| 414 | Studio | 416 sqft | AED 498KAED 498,000 · Feb 2021February 2021 | ||
| 415 | Studio | 418 sqft | AED 480KAED 480,000 · Apr 2021April 2021 | 58,000 /yr |
403, Mag 980 in numbers
- Sold twice: first on 1 March 2021 for AED 421,000, last on 3 July 2024 for AED 620,000 (AED 1,495 per sqft).
- Rented since May 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 28 May 2025.
Questions about 403, Mag 980
What did unit 403 last sell for?
AED 620,000 on 3 July 2024: AED 1,495 per sqft for 407 sqft. The unit has 2 registered sales; the first was AED 421,000 in March 2021.
What is the rent for unit 403?
AED 55,000 a year on the contract signed on 28 May 2025.
How big is unit 403?
407 sqft (37.8 sqm): a studio on the 4th floor of a 8-storey tower completed in 2023.
What is unit 403 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 403? Put it on the OpenOffers board
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Mortgage on 403, Mag 980
Starts from the last sale price (AED 620K, 3 July 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 →