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Studio · 339 sqftHera Tower, Dubai Sports City · 7th floor

704, Hera Tower

Sold prices and rental history: sold twice, last in August 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 366K14 August 2023
Current rentAED 34K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 704, Hera Tower

What is 704 worth today?

Last sold for AED 366,000 in 2023

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1 Oct 2024RentedRenewal
AED 33,600/yr12 months · AED 99 per sqft
1 Oct 2024RentedRenewal
AED 33,600/yr12 months · AED 99 per sqft
1 Oct 2023RentedNew contract
AED 32,000/yr12 months · AED 95 per sqft
14 Aug 2023SoldReady
AED 366,000AED 1,081 per sqft
23 Jul 2019Sold by developerOff-plan
AED 284,000AED 838 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
Studio apartment
Size
339 sqft
Floor
7th of 23
Parking
P1-023
Service charge
AED 5,100 /yr
Last sold
AED 366K · August 2023
Building
Hera Tower

About 704, Hera Tower

704 is a studio of 339 sqft on the 7th floor of Hera Tower, a 23-storey tower in Dubai Sports City. It last sold on 14 August 2023 for AED 366,000, or AED 1,081 per sqft, 26% above the AED 858 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 33,600 a year: a gross yield of 9.2% on the 2023 price, before the service charge of about AED 5,100 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical studio in Hera Tower
200K400K2017202020232026Typical sale price by year: 2017 AED 443,823; 2018 AED 203,980; 2019 AED 300,000; 2020 AED 300,000; 2021 AED 344,638; 2022 AED 340,000; 2023 AED 365,000; 2024 AED 430,000; 2025 AED 501,000; 2026 AED 395,000Sold by developer, July 2019: AED 284,000 (AED 838 per sqft)Sold, August 2023: AED 366,000 (AED 1,081 per sqft)

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

Rents
Unit 704, each contractTypical studio in Hera Tower
30K40K50K202220242026Typical rent by year: 2022 AED 27,000; 2023 AED 30,800; 2024 AED 40,000; 2025 AED 45,000; 2026 AED 48,000New contract, October 2023: AED 32,000 a yearRenewal, October 2024: AED 33,600 a yearRenewal, October 2024: AED 33,600 a year

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

Studios in Hera Tower, and where 704 sits

All 252 studios →

704 last sold in August 2023 at AED 1,081 per sqft, 26% above what studios in Hera Tower were fetching at the time (AED 858). Over the last 12 months studios sold for AED 394,000 to 600,000, around AED 991 per sqft, and rent for AED 24,000 to 84,000 a year. 704's AED 33,600 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Oct 2026440,000
17 Sep 2026440,000
8 Sep 2026440,000
10 Jun 2026395,000
46 studio 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 7th floor

All 525 units in Hera Tower
Value
7011-bedAED 400K · Jan 2022
7021-bedAED 380K · Jan 2022
703StudioAED 620K · Apr 2025
7052-bedAED 600K · Jan 2022
706StudioAED 250K · Jan 2022
707StudioAED 250K · Jan 2022
7082-bedAED 600K · Jan 2022
1–7 of 22

704, Hera Tower in numbers

  • Sold twice: first on 23 July 2019 for AED 284,000, last on 14 August 2023 for AED 366,000 (AED 1,081 per sqft).
  • Rented since October 2023 on 3 Ejari contracts, from AED 32,000 to AED 33,600 a year.
  • At AED 33,600 a year the gross yield on the 2023 price is 9.2%, before a service charge of about AED 5,100 a year (AED 15.00 per sqft).
  • Studios in Hera Tower sold for AED 394,000–600,000 in the 12 months to November 2026; the building's median across all types is AED 968 per sqft.

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 704, Hera Tower

What did unit 704 last sell for?

AED 366,000 on 14 August 2023: AED 1,081 per sqft for 339 sqft. The unit has 2 registered sales; the first was AED 284,000 in July 2019.

What is the rent for unit 704?

AED 33,600 a year on the contract renewed on 1 October 2024. The previous contract, from October 2024, was AED 33,600; the unit has been rented since October 2023.

How big is unit 704?

339 sqft (31.5 sqm): a studio on the 7th floor of a 23-storey tower.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Hera Tower sold for AED 394,000 to 600,000 in the last 12 months, around AED 991 per sqft.

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Mortgage on 704, Hera Tower

Starts from the last sale price (AED 366K, 14 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 366,000
Deposit, UAE resident (20%)
AED 73,200
Deposit, non-resident (40%)
AED 146,400
Monthly over 25 years at 3.7%
AED 1,497

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