715, Mag 980
Sold prices and rental history: sold twice, last in March 2025, 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 715, Mag 980
What is 715 worth today?
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Source: Dubai Land Department. Updated 20 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 413 sqft
- Floor
- 7th of 8
- Parking
- G-22
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 700K · March 2025
- Building
- Mag 980
About 715, Mag 980
715 is a studio of 413 sqft on the 7th floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 3 March 2025 for AED 700,000, or AED 1,696 per sqft, in line with the AED 1,702 studios in the building were fetching at the time.
One Ejari contract is registered, from 20 May 2025. The current contract, signed on 20 May 2025, is AED 55,000 a year: a gross yield of 7.9% on the 2025 price.
Sales and rents for 715 over time
715 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 715 sits
All 85 studios →715 last sold in March 2025 at AED 1,696 per sqft, in line with what studios in Mag 980 were fetching at the time (AED 1,702). 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. 715'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 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 | ||
| 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, Mag 980 in numbers
- Sold twice: first on 1 March 2021 for AED 532,474, last on 3 March 2025 for AED 700,000 (AED 1,696 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 2025 price is 7.9%.
- 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 20 May 2025.
Questions about 715, Mag 980
What did unit 715 last sell for?
AED 700,000 on 3 March 2025: AED 1,696 per sqft for 413 sqft. The unit has 2 registered sales; the first was AED 532,474 in March 2021.
What is the rent for unit 715?
AED 55,000 a year on the contract signed on 20 May 2025.
How big is unit 715?
413 sqft (38.4 sqm): a studio on the 7th floor of a 8-storey tower completed in 2023.
What is unit 715 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 715? Put it on the OpenOffers board
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Mortgage on 715, Mag 980
Starts from the last sale price (AED 700K, 3 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →