2-bed · 1,212 sqftHera Tower, Dubai Sports City · 5th floor

508, Hera Tower

Sold prices and rental history: sold once, by the developer in April 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 20 October 2023
Last soldAED 712K28 April 2019
Current rentAED 80K /yr20 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Hera Tower

What is 508 worth today?

Last sold for AED 712,000 in 2019

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20 Oct 2023RentedNew contract
AED 80,000/yr12 months · AED 66 per sqft
1 Oct 2022RentedNew contract
AED 65,000/yr12 months · AED 53 per sqft
28 Apr 2019Sold by developerOff-plan
AED 712,000AED 587 per sqft

Source: Dubai Land Department. Updated 20 October 2023.

Key facts

Type
2-bed apartment
Size
1,212 sqft
Floor
5th of 23
Parking
P1-060
Service charge
AED 18,200 /yr
Last sold
AED 712K · April 2019
Building
Hera Tower

About 508, Hera Tower

508 is a two-bedroom apartment of 1,212 sqft on the 5th floor of Hera Tower, a 23-storey tower in Dubai Sports City. The developer sold it on 28 April 2019 for AED 712,000, or AED 587 per sqft, in line with the AED 587 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 20 October 2023, is AED 80,000 a year: a gross yield of 11.2% on the 2019 price, before the service charge of about AED 18,200 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical two-bed in Hera Tower
600K800K1M2017202020232026Typical sale price by year: 2017 AED 884,340; 2018 AED 608,105; 2019 AED 720,000; 2021 AED 854,871; 2022 AED 700,000; 2023 AED 1,020,000; 2024 AED 968,500; 2025 AED 900,000; 2026 AED 900,000Sold by developer, April 2019: AED 712,000 (AED 587 per sqft)

508 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 508, each contractTypical two-bed in Hera Tower
60K80K202220242026Typical rent by year: 2022 AED 60,000; 2023 AED 66,000; 2024 AED 90,000; 2025 AED 90,000; 2026 AED 90,000New contract, October 2022: AED 65,000 a yearNew contract, October 2023: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Hera Tower, and where 508 sits

All 113 2-beds →

508 last sold in April 2019 at AED 587 per sqft, in line with what two-beds in Hera Tower were fetching at the time (AED 587). Over the last 12 months two-beds sold for AED 900,000 to 1,300,000, around AED 763 per sqft, and rent for AED 72,000 to 168,000 a year. 508's AED 80,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Jun 20261,075,000
5 Jun 2026900,000
5 Jun 2026900,000
5 Jun 2026900,000
32 2-bed sales in the last 12 months

Hera Tower

Building

525 apartments, studios to 2-bed over 23 floors in Dubai Sports City. 101 sold in the last 12 months.

Typical price per sqft
AED 968 Down 13.6%
Typical sale
AED 642K
Typical rent
AED 65K /yr
Typical yield
11.5%
Hera Tower, Dubai Sports City: prices, sales and rents →

Other units on the 5th floor

All 525 units in Hera Tower
Value
5011-bedAED 585K · Nov 2022
503StudioAED 300K · Aug 2018
506StudioAED 300K · Aug 2018
507StudioAED 300K · Dec 2021
509StudioAED 525K · Mar 2025
5102-bedAED 760K · Jan 2019
5111-bedAED 230K · Jul 2019
1–7 of 19

508, Hera Tower in numbers

  • Sold once: by the developer on 28 April 2019 for AED 712,000, or AED 587 per sqft.
  • Rented since October 2022 on 2 Ejari contracts, from AED 65,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2019 price is 11.2%, before a service charge of about AED 18,200 a year (AED 15.00 per sqft).
  • Two-beds in Hera Tower sold for AED 900,000–1,300,000 in the 12 months to November 2026; the building's median across all types is AED 968 per sqft.

Source: Dubai Land Department. Updated 20 October 2023.

Questions about 508, Hera Tower

What did unit 508 last sell for?

AED 712,000 on 28 April 2019, sold by the developer: AED 587 per sqft for 1,212 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 80,000 a year on the contract signed on 20 October 2023. The previous contract, from October 2022, was AED 65,000.

How big is unit 508?

1,212 sqft (112.6 sqm): a two-bedroom apartment on the 5th floor of a 23-storey tower.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Hera Tower sold for AED 900,000 to 1,300,000 in the last 12 months, around AED 763 per sqft.

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Mortgage on 508, Hera Tower

Starts from the last sale price (AED 712K, 28 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 712,000
Deposit, UAE resident (20%)
AED 142,400
Deposit, non-resident (40%)
AED 284,800
Monthly over 25 years at 3.7%
AED 2,913

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