308, Hercules Tower
Sold prices and rental history: sold 3 times, last in June 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Hercules Tower
What is 308 worth today?
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Source: Dubai Land Department. Updated 10 October 2023.
Key facts
- Type
- Studio apartment
- Size
- 500 sqft
- Floor
- 3rd of 11
- Parking
- B-83
- Developer
- Tanmiyat Global Real Estate Development
- Completed
- 2020
- Service charge
- AED 8,200 /yr
- Last sold
- AED 266K · June 2022
- Building
- Hercules Tower
About 308, Hercules Tower
308 is a studio of 500 sqft on the 3rd floor of Hercules Tower, a 11-storey tower in Living Legends completed in 2020 by Tanmiyat Global Real Estate Development. It last sold on 9 June 2022 for AED 266,000, or AED 532 per sqft.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 10 October 2023, is AED 26,400 a year: a gross yield of 9.9% on the 2022 price, before the service charge of about AED 8,200 a year.
Sales and rents for 308 over time
308 has sold 3 times; 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 Hercules Tower, and where 308 sits
All 33 studios →Over the last 12 months studios sold for AED 400,000 to 476,682, around AED 800 per sqft, and rent for AED 33,000 to 52,500 a year. 308's AED 26,400 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Sep 202625 September 2026 | 500 sqft | 400,000 | 800 | ||
| 16 Jul 202616 July 2026 | 507 sqft | 400,000 | 789 | ||
| 19 Feb 202619 February 2026 | 500 sqft | 476,682 | 954 | ||
| 4 Jun 20254 June 2025 | 488 sqft | 440,000 | 901 |
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 3rd floor
All 143 units in Hercules Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,449 sqft | AED 1.2MAED 1,201,631 · Sep 2017September 2017 | ||
| 302 | 3-bed | 1,823 sqft | AED 1.71MAED 1,710,000 · Oct 2025October 2025 | ||
| 303 | 1-bed | 851 sqft | AED 640KAED 640,000 · Oct 2024October 2024 | 62,000 /yr | |
| 304 | 3-bed | 1,823 sqft | AED 1.41MAED 1,406,948 · Jan 2015January 2015 | 125,000 /yr | |
| 305 | 2-bed | 1,399 sqft | AED 1.14MAED 1,138,950 · Nov 2014November 2014 | 90,000 /yr | |
| 306 | 2-bed | 1,402 sqft | AED 1.19MAED 1,187,500 · Oct 2026October 2026 | 94,000 /yr | |
| 307 | Studio | 473 sqft | AED 470KAED 470,000 · Jan 2025January 2025 | 45,000 /yr | |
| 309 | 3-bed | 1,864 sqft | AED 1.05MAED 1,050,000 · Oct 2022October 2022 | ||
| 310 | 1-bed | 851 sqft | AED 490KAED 490,000 · Jun 2022June 2022 | 50,000 /yr | |
| 311 | 3-bed | 1,823 sqft | AED 1.8MAED 1,800,000 · Nov 2025November 2025 | 80,000 /yr | |
| 312 | Studio | 507 sqft | AED 400KAED 400,000 · Jul 2026July 2026 | 28,750 /yr | |
| 313 | Studio | 511 sqft | AED 460KAED 460,000 · May 2024May 2024 | 22,000 /yr | |
| 314 | 2-bed | 1,499 sqft | AED 1.07MAED 1,071,306 · Feb 2013February 2013 | 87,000 /yr |
308, Hercules Tower in numbers
- Sold 3 times: first on 23 December 2012 for AED 401,448, last on 9 June 2022 for AED 266,000 (AED 532 per sqft).
- Rented since October 2017 on 4 Ejari contracts. The rent fell from AED 48,000 to AED 23,000 in 2020 and recovered to AED 26,400 by October 2023.
- At AED 26,400 a year the gross yield on the 2022 price is 9.9%, before a service charge of about AED 8,200 a year (AED 16.39 per sqft).
- Studios in Hercules Tower sold for AED 400,000–476,682 in the 12 months to November 2026; the building's median across all types is AED 822 per sqft.
Source: Dubai Land Department. Updated 10 October 2023.
Questions about 308, Hercules Tower
What did unit 308 last sell for?
AED 266,000 on 9 June 2022: AED 532 per sqft for 500 sqft. The unit has 3 registered sales; the first was AED 401,448 in December 2012.
What is the rent for unit 308?
AED 26,400 a year on the contract signed on 10 October 2023. The previous contract, from October 2020, was AED 23,000; the unit has been rented since October 2017.
How big is unit 308?
500 sqft (46.5 sqm): a studio on the 3rd floor of a 11-storey tower completed in 2020.
What is unit 308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Hercules Tower sold for AED 400,000 to 476,682 in the last 12 months, around AED 800 per sqft.
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Mortgage on 308, Hercules Tower
Starts from the last sale price (AED 266K, 9 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 266,000
- Deposit, UAE resident (20%)
- AED 53,200
- Deposit, non-resident (40%)
- AED 106,400
- Monthly over 25 years at 3.7%
- AED 1,088
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →