Studio · 415 sqftMag 980, District Seven · 8th floor · completed 2023

803, Mag 980

Sold prices and rental history: sold twice, last in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 13 December 2023
Last soldAED 550K13 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Mag 980

What is 803 worth today?

Last sold for AED 550,000 in 2023

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13 Dec 2023SoldOff-plan
AED 550,000AED 1,326 per sqft
9 Dec 2021Sold by developerOff-plan
AED 480,000AED 1,157 per sqft

Source: Dubai Land Department. Updated 13 December 2023.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
8th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 550K · December 2023
Building
Mag 980

About 803, Mag 980

803 is a studio of 415 sqft on the 8th floor of Mag 980, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 13 December 2023 for AED 550,000, or AED 1,326 per sqft, 5% below the AED 1,389 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 803 over time

Sales
Unit 803, each saleTypical studio in Mag 980
400K600K202120232025Typical 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, December 2021: AED 480,000 (AED 1,157 per sqft)Sold, December 2023: AED 550,000 (AED 1,326 per sqft)

803 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 803, 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 803 sits

All 85 studios →

803 last sold in December 2023 at AED 1,326 per sqft, 5% below what studios in Mag 980 were fetching at the time (AED 1,389). 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 8th floor

All 120 units in Mag 980
Value
8011-bedAED 1.14M · Feb 2022
8021-bedAED 1.28M · Mar 2023
804AED 730K · Sep 2025
805StudioAED 421K · Jan 2021
806StudioAED 480K · Apr 2021
807StudioAED 421K · Mar 2021
808StudioAED 400K · Jan 2021
1–7 of 14

803, Mag 980 in numbers

  • Sold twice: first on 9 December 2021 for AED 480,000, last on 13 December 2023 for AED 550,000 (AED 1,326 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 13 December 2023.

Questions about 803, Mag 980

What did unit 803 last sell for?

AED 550,000 on 13 December 2023: AED 1,326 per sqft for 415 sqft. The unit has 2 registered sales; the first was AED 480,000 in December 2021.

How big is unit 803?

415 sqft (38.6 sqm): a studio on the 8th floor of a 8-storey tower completed in 2023.

What is unit 803 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 803, Mag 980

Starts from the last sale price (AED 550K, 13 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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