Studio · 205 sqftMag 980, District Seven · 5th floor · completed 2023

514, Mag 980

Sold prices and rental history: sold 3 times, last in February 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 11 February 2025
Last soldAED 448K11 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Mag 980

What is 514 worth today?

Last sold for AED 448,140 in 2025

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11 Feb 2025SoldReady
AED 448,140AED 2,185 per sqft
11 Sep 2024SoldOff-plan
AED 896,280AED 2,154 per sqft
1 Mar 2021Sold by developerOff-plan
AED 509,000AED 1,223 per sqft

Source: Dubai Land Department. Updated 11 February 2025.

Key facts

Type
Studio apartment
Size
205 sqft
Floor
5th of 8
Parking
G-69
Developer
MAG
Completed
2023
Last sold
AED 448K · February 2025
Building
Mag 980

About 514, Mag 980

514 is a studio of 205 sqft on the 5th floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 11 February 2025 for AED 448,140, or AED 2,185 per sqft, 31% above the AED 1,664 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 514 over time

Sales
Unit 514, each saleTypical studio in Mag 980
500K750K202120232025Typical 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, March 2021: AED 509,000 (AED 1,223 per sqft)Sold, September 2024: AED 896,280 (AED 2,154 per sqft)Sold, February 2025: AED 448,140 (AED 2,185 per sqft)

514 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 514, 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 514 sits

All 85 studios →

514 last sold in February 2025 at AED 2,185 per sqft, 31% above what studios in Mag 980 were fetching at the time (AED 1,664). 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 5th floor

All 120 units in Mag 980
Value
5011-bedAED 817K · Jan 2024
5021-bedAED 1.29M · Nov 2022
503StudioAED 480K · Aug 2021
504StudioAED 421K · Mar 2021
505StudioAED 421K · Mar 2022
506StudioAED 421K · Feb 2021
507StudioAED 421K · Sep 2021
1–7 of 14

514, Mag 980 in numbers

  • Sold 3 times: first on 1 March 2021 for AED 509,000, last on 11 February 2025 for AED 448,140 (AED 2,185 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 11 February 2025.

Questions about 514, Mag 980

What did unit 514 last sell for?

AED 448,140 on 11 February 2025: AED 2,185 per sqft for 205 sqft. The unit has 3 registered sales; the first was AED 509,000 in March 2021.

How big is unit 514?

205 sqft (19.0 sqm): a studio on the 5th floor of a 8-storey tower completed in 2023.

What is unit 514 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 514, Mag 980

Starts from the last sale price (AED 448K, 11 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 448,140
Deposit, UAE resident (20%)
AED 89,628
Deposit, non-resident (40%)
AED 179,256
Monthly over 25 years at 3.7%
AED 1,833

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