612, Mag 980
Sold prices and rental history: sold once, by the developer in March 2021, and rented once, from March 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 612, Mag 980
What is 612 worth today?
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Source: Dubai Land Department. Updated 1 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 389 sqft
- Floor
- 6th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 480K · March 2021
- Building
- Mag 980
About 612, Mag 980
612 is a studio of 389 sqft on the 6th floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 21 March 2021 for AED 480,000, or AED 1,233 per sqft, 22% above the AED 1,010 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 March 2025. The current contract, signed on 1 March 2025, is AED 52,000 a year: a gross yield of 10.8% on the 2021 price.
Sales and rents for 612 over time
612 has sold once; 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 612 sits
All 85 studios →612 last sold in March 2021 at AED 1,233 per sqft, 22% above what studios in Mag 980 were fetching at the time (AED 1,010). 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. 612's AED 52,000 is in the lower 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 6th floor
All 120 units in Mag 980| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 903 sqft | AED 1.38MAED 1,375,000 · Apr 2024April 2024 | ||
| 602 | 861 sqft | AED 1.48MAED 1,475,000 · Oct 2025October 2025 | |||
| 603 | Studio | 407 sqft | AED 788KAED 787,950 · Nov 2024November 2024 | 60,000 /yr | |
| 604 | Studio | 417 sqft | AED 421KAED 421,000 · Jan 2021January 2021 | ||
| 605 | Studio | 408 sqft | AED 774KAED 774,000 · May 2025May 2025 | 55,000 /yr | |
| 606 | Studio | 417 sqft | AED 570KAED 570,000 · Jun 2023June 2023 | ||
| 607 | Studio | 417 sqft | AED 421KAED 421,000 · Mar 2021March 2021 | 50,000 /yr | |
| 608 | Studio | 396 sqft | AED 400KAED 400,000 · Jan 2021January 2021 | ||
| 609 | Studio | 396 sqft | AED 750KAED 750,000 · Nov 2022November 2022 | ||
| 610 | 1-bed | 802 sqft | AED 980KAED 980,000 · Dec 2021December 2021 | ||
| 611 | 1-bed | 752 sqft | AED 863KAED 863,300 · Jul 2021July 2021 | 80,000 /yr | |
| 613 | Studio | 391 sqft | AED 725KAED 725,000 · Jan 2025January 2025 | ||
| 614 | Studio | 416 sqft | AED 462KAED 462,000 · Feb 2021February 2021 | ||
| 615 | Studio | 418 sqft | AED 699KAED 699,000 · Apr 2022April 2022 |
612, Mag 980 in numbers
- Sold once: by MAG on 21 March 2021 for AED 480,000, or AED 1,233 per sqft.
- Rented since March 2025 on one Ejari contract, at AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2021 price is 10.8%.
- 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 1 March 2025.
Questions about 612, Mag 980
What did unit 612 last sell for?
AED 480,000 on 21 March 2021, sold by the developer: AED 1,233 per sqft for 389 sqft. It is the only registered sale of the unit.
What is the rent for unit 612?
AED 52,000 a year on the contract signed on 1 March 2025.
How big is unit 612?
389 sqft (36.1 sqm): a studio on the 6th floor of a 8-storey tower completed in 2023.
What is unit 612 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 612, Mag 980
Starts from the last sale price (AED 480K, 21 March 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 →