407, Hercules Tower
Sold prices and rental history: sold once, by the developer in October 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Hercules Tower
What is 407 worth today?
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Source: Dubai Land Department. Updated 1 September 2023.
Key facts
- Type
- Studio apartment
- Size
- 473 sqft
- Floor
- 4th of 11
- Parking
- B-88
- Developer
- Tanmiyat Global Real Estate Development
- Completed
- 2020
- Service charge
- AED 7,700 /yr
- Last sold
- AED 313K · October 2014
- Building
- Hercules Tower
About 407, Hercules Tower
407 is a studio of 473 sqft on the 4th floor of Hercules Tower, a 11-storey tower in Living Legends completed in 2020 by Tanmiyat Global Real Estate Development. The developer sold it on 29 October 2014 for AED 312,774, or AED 661 per sqft, 25% above the AED 529 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 September 2023, is AED 36,000 a year: a gross yield of 11.5% on the 2014 price, before the service charge of about AED 7,700 a year.
Sales and rents for 407 over time
407 has sold once; 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 407 sits
All 33 studios →407 last sold in October 2014 at AED 661 per sqft, 25% above what studios in Hercules Tower were fetching at the time (AED 529). 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. 407's AED 36,000 is in the lower half 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 4th floor
All 143 units in Hercules Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,449 sqft | AED 1.06MAED 1,064,525 · Mar 2013March 2013 | 81,000 /yr | |
| 402 | 3-bed | 1,823 sqft | AED 1.34MAED 1,335,000 · Sep 2024September 2024 | 79,000 /yr | |
| 403 | 1-bed | 851 sqft | AED 700KAED 700,000 · Mar 2026March 2026 | 50,000 /yr | |
| 404 | 3-bed | 1,823 sqft | AED 970KAED 970,000 · Sep 2019September 2019 | ||
| 405 | 2-bed | 1,399 sqft | AED 1.14MAED 1,136,018 · Dec 2012December 2012 | 72,000 /yr | |
| 406 | 2-bed | 1,402 sqft | AED 765KAED 765,000 · Jan 2023January 2023 | 72,700 /yr | |
| 408 | Studio | 500 sqft | AED 301KAED 301,086 · Oct 2014October 2014 | 47,000 /yr | |
| 409 | 3-bed | 938 sqft | AED 727KAED 726,715 · May 2017May 2017 | 85,000 /yr | |
| 410 | 1-bed | 851 sqft | AED 439KAED 439,000 · Sep 2022September 2022 | 65,000 /yr | |
| 411 | 3-bed | 1,823 sqft | AED 1.53MAED 1,525,000 · Apr 2025April 2025 | ||
| 412 | Studio | 507 sqft | AED 400KAED 400,306 · Jan 2013January 2013 | 24,000 /yr | |
| 413 | Studio | 511 sqft | AED 437KAED 436,894 · Nov 2012November 2012 | 33,000 /yr | |
| 414 | 2-bed | 1,499 sqft | AED 1.27MAED 1,265,000 · Nov 2025November 2025 | 78,000 /yr |
407, Hercules Tower in numbers
- Sold once: by Tanmiyat Global Real Estate Development on 29 October 2014 for AED 312,774, or AED 661 per sqft.
- Rented since July 2018 on 4 Ejari contracts. The rent fell from AED 31,914 to AED 22,000 in 2022 and recovered to AED 36,000 by September 2023.
- At AED 36,000 a year the gross yield on the 2014 price is 11.5%, before a service charge of about AED 7,700 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 1 September 2023.
Questions about 407, Hercules Tower
What did unit 407 last sell for?
AED 312,774 on 29 October 2014, sold by the developer: AED 661 per sqft for 473 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 36,000 a year on the contract signed on 1 September 2023. The previous contract, from August 2022, was AED 22,000; the unit has been rented since July 2018.
How big is unit 407?
473 sqft (43.9 sqm): a studio on the 4th floor of a 11-storey tower completed in 2020.
What is unit 407 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 407, Hercules Tower
Starts from the last sale price (AED 313K, 29 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 312,774
- Deposit, UAE resident (20%)
- AED 62,555
- Deposit, non-resident (40%)
- AED 125,110
- Monthly over 25 years at 3.7%
- AED 1,280
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →