706, Mag 980
Sold prices and rental history: sold once, by the developer in December 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Mag 980
What is 706 worth today?
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Source: Dubai Land Department. Updated 22 December 2021.
Key facts
- Type
- Studio apartment
- Size
- 417 sqft
- Floor
- 7th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 421K · December 2021
- Building
- Mag 980
About 706, Mag 980
706 is a studio of 417 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 22 December 2021 for AED 421,000, or AED 1,009 per sqft, 9% below the AED 1,105 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 706 over time
706 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 706 sits
All 85 studios →706 last sold in December 2021 at AED 1,009 per sqft, 9% below what studios in Mag 980 were fetching at the time (AED 1,105). 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 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 7th floor
All 120 units in Mag 980| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 903 sqft | AED 858KAED 857,500 · Oct 2021October 2021 | ||
| 702 | 1-bed | 869 sqft | AED 1.28MAED 1,275,000 · Mar 2023March 2023 | 95,000 /yr | |
| 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 | ||
| 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 |
706, Mag 980 in numbers
- Sold once: by MAG on 22 December 2021 for AED 421,000, or AED 1,009 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 22 December 2021.
Questions about 706, Mag 980
What did unit 706 last sell for?
AED 421,000 on 22 December 2021, sold by the developer: AED 1,009 per sqft for 417 sqft. It is the only registered sale of the unit.
How big is unit 706?
417 sqft (38.7 sqm): a studio on the 7th floor of a 8-storey tower completed in 2023.
What is unit 706 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 706, Mag 980
Starts from the last sale price (AED 421K, 22 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 421,000
- Deposit, UAE resident (20%)
- AED 84,200
- Deposit, non-resident (40%)
- AED 168,400
- Monthly over 25 years at 3.7%
- AED 1,722
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →