1001, Hercules Tower
Sold prices and rental history: sold 3 times, last in June 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Hercules Tower
What is 1001 worth today?
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Source: Dubai Land Department. Updated 13 June 2024.
Key facts
- Type
- 4-bed apartment
- Size
- 4,005 sqft
- Floor
- 10th of 11
- Parking
- B-172, B-173,B-174
- Developer
- Tanmiyat Global Real Estate Development
- Completed
- 2020
- Service charge
- AED 65,600 /yr
- Last sold
- AED 2.7M · June 2024
- Building
- Hercules Tower
About 1001, Hercules Tower
1001 is a four-bedroom apartment of 4,005 sqft on the 10th floor of Hercules Tower, a 11-storey tower in Living Legends completed in 2020 by Tanmiyat Global Real Estate Development. It last sold on 13 June 2024 for AED 2,700,000, or AED 674 per sqft, 10% below the AED 751 four-beds in the building were fetching at the time.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 5 November 2019, is AED 90,000 a year: a gross yield of 3.3% on the 2024 price, before the service charge of about AED 65,600 a year.
Sales and rents for 1001 over time
1001 has sold 3 times; the dashed line is the four-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.
4-beds in Hercules Tower, and where 1001 sits
All 10 4-beds →1001 last sold in June 2024 at AED 674 per sqft, 10% below what four-beds in Hercules Tower were fetching at the time (AED 751). Over the last 12 months four-beds sold for AED 3,100,000, around AED 775 per sqft, and rent for AED 210,000 to 210,000 a year.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jul 202627 July 2026 | 4,000 sqft | 3,100,000 | 775 | ||
| 29 Oct 202429 October 2024 | 4,113 sqft | 2,400,000 | 583 | ||
| 8 Sep 20238 September 2023 | 4,118 sqft | 3,485,127 | 846 | ||
| 14 Jun 202314 June 2023 | 4,000 sqft | 3,311,678 | 827 |
Hercules Tower
Building143 apartments, studios to 4-bed over 11 floors in Living Legends, completed in 2020 by Tanmiyat Global Real Estate Development. 13 sold in the last 12 months.
- Typical price per sqft
- AED 822 Up 2.8%
- Typical sale
- AED 750K
- Typical rent
- AED 64K /yr
- Typical yield
- 7.9%
Other units on the 10th floor
All 143 units in Hercules Tower1001, Hercules Tower in numbers
- Sold 3 times: first on 10 April 2018 for AED 3,576,293, last on 13 June 2024 for AED 2,700,000 (AED 674 per sqft).
- Rented since November 2018 on 2 Ejari contracts, from AED 136,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2024 price is 3.3%, before a service charge of about AED 65,600 a year (AED 16.39 per sqft).
- Four-beds in Hercules Tower sold for AED 3,100,000–3,100,000 in the 12 months to November 2026; the building's median across all types is AED 822 per sqft.
Source: Dubai Land Department. Updated 13 June 2024.
Questions about 1001, Hercules Tower
What did unit 1001 last sell for?
AED 2,700,000 on 13 June 2024: AED 674 per sqft for 4,005 sqft. The unit has 3 registered sales; the first was AED 3,576,293 in April 2018.
What is the rent for unit 1001?
AED 90,000 a year on the contract signed on 5 November 2019. The previous contract, from November 2018, was AED 136,000.
How big is unit 1001?
4,005 sqft (372.1 sqm): a four-bedroom apartment on the 10th floor of a 11-storey tower completed in 2020.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Hercules Tower sold for AED 3,100,000 to 3,100,000 in the last 12 months, around AED 775 per sqft.
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Mortgage on 1001, Hercules Tower
Starts from the last sale price (AED 2.7M, 13 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,700,000
- Deposit, UAE resident (20%)
- AED 540,000
- Deposit, non-resident (40%)
- AED 1,080,000
- Monthly over 25 years at 3.7%
- AED 11,047
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →