
702, Mag 980
Sold prices and rental history: sold once, by the developer in March 2023, and rented once, from April 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Mag 980
What is 702 worth today?
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Source: Dubai Land Department. Updated 1 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 869 sqft
- Floor
- 7th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 1.28M · March 2023
- Building
- Mag 980
About 702, Mag 980
702 is a one-bedroom apartment of 869 sqft on the 7th floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 28 March 2023 for AED 1,275,000, or AED 1,467 per sqft, in line with the AED 1,491 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 April 2025. The current contract, signed on 1 April 2025, is AED 95,000 a year: a gross yield of 7.4% on the 2023 price.
Sales and rents for 702 over time
702 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Mag 980, and where 702 sits
All 29 1-beds →702 last sold in March 2023 at AED 1,467 per sqft, in line with what one-beds in Mag 980 were fetching at the time (AED 1,491). Over the last 12 months one-beds sold for AED 1,360,000 to 1,425,000, around AED 1,809 per sqft, and rent for AED 90,000 to 95,000 a year. 702's AED 95,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jan 202622 January 2026 | 746 sqft | 1,425,000 | 1,910 | ||
| 18 Dec 202518 December 2025 | 796 sqft | 1,360,000 | 1,708 | ||
| 10 Jul 202510 July 2025 | 746 sqft | 1,083,786 | 1,452 | ||
| 8 Jul 20258 July 2025 | 796 sqft | 1,390,000 | 1,745 |
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 7th floor
All 120 units in Mag 980| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 903 sqft | AED 858KAED 857,500 · Oct 2021October 2021 | ||
| 703 | Studio | 415 sqft | AED 772KAED 771,525 · Mar 2023March 2023 | ||
| 704 | Studio | 417 sqft | AED 440KAED 440,000 · Apr 2021April 2021 | 54,000 /yr | |
| 705 | Studio | 417 sqft | AED 480KAED 480,000 · Jul 2021July 2021 | ||
| 706 | Studio | 417 sqft | AED 421KAED 421,000 · Dec 2021December 2021 | ||
| 707 | Studio | 417 sqft | AED 615KAED 615,000 · Dec 2023December 2023 | 55,000 /yr | |
| 708 | Studio | 396 sqft | AED 620KAED 620,000 · Jan 2024January 2024 | 56,000 /yr | |
| 709 | Studio | 396 sqft | AED 400KAED 400,000 · Apr 2023April 2023 | 58,000 /yr | |
| 710 | 1-bed | 802 sqft | AED 1.18MAED 1,180,000 · Nov 2022November 2022 | 96,000 /yr | |
| 711 | 1-bed | 746 sqft | AED 1.08MAED 1,083,786 · Jul 2025July 2025 | ||
| 712 | Studio | 385 sqft | AED 710KAED 710,000 · Jan 2025January 2025 | 60,000 /yr | |
| 713 | 391 sqft | AED 800KAED 800,000 · Dec 2025December 2025 | |||
| 714 | Studio | 416 sqft | AED 480KAED 480,000 · Oct 2021October 2021 | ||
| 715 | Studio | 413 sqft | AED 700KAED 700,000 · Mar 2025March 2025 | 55,000 /yr |
702, Mag 980 in numbers
- Sold once: by MAG on 28 March 2023 for AED 1,275,000, or AED 1,467 per sqft.
- Rented since April 2025 on one Ejari contract, at AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2023 price is 7.4%.
- One-beds in Mag 980 sold for AED 1,360,000–1,425,000 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 April 2025.
Questions about 702, Mag 980
What did unit 702 last sell for?
AED 1,275,000 on 28 March 2023, sold by the developer: AED 1,467 per sqft for 869 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 95,000 a year on the contract signed on 1 April 2025.
How big is unit 702?
869 sqft (80.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2023.
What is unit 702 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mag 980 sold for AED 1,360,000 to 1,425,000 in the last 12 months, around AED 1,809 per sqft.
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Mortgage on 702, Mag 980
Starts from the last sale price (AED 1.28M, 28 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,275,000
- Deposit, UAE resident (20%)
- AED 255,000
- Deposit, non-resident (40%)
- AED 510,000
- Monthly over 25 years at 3.7%
- AED 5,216
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →