Studio · 500 sqftHercules Tower, Living Legends · 4th floor · completed 2020

408, Hercules Tower

Sold prices and rental history: sold once, by the developer in October 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 301K29 October 2014
Current rentAED 47K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Hercules Tower

What is 408 worth today?

Last sold for AED 301,086 in 2014

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1 Jun 2026RentedNew contract
AED 47,000/yr12 months · AED 94 per sqft
10 May 2023RentedNew contract
AED 40,000/yr12 months · AED 80 per sqft
7 May 2021RentedNew contract
AED 23,000/yr12 months · AED 46 per sqft
25 Mar 2020RentedNew contract
AED 25,000/yr13 months · AED 50 per sqft
29 Oct 2014Sold by developerOff-plan
AED 301,086AED 602 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
Studio apartment
Size
500 sqft
Floor
4th of 11
Parking
B-89
Developer
Tanmiyat Global Real Estate Development
Completed
2020
Service charge
AED 8,200 /yr
Last sold
AED 301K · October 2014

About 408, Hercules Tower

408 is a studio of 500 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 301,086, or AED 602 per sqft, 14% above the AED 529 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 June 2026, is AED 47,000 a year: a gross yield of 15.6% on the 2014 price, before the service charge of about AED 8,200 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical studio in Hercules Tower
200K400K2012201620202024Typical sale price by year: 2012 AED 436,894; 2013 AED 453,177; 2014 AED 258,173; 2015 AED 544,129; 2016 AED 450,000; 2020 AED 250,000; 2023 AED 325,000; 2024 AED 450,000; 2025 AED 440,000; 2026 AED 400,000Sold by developer, October 2014: AED 301,086 (AED 602 per sqft)

408 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 408, each contractTypical studio in Hercules Tower
20K40K2017202020232026Typical rent by year: 2017 AED 40,000; 2018 AED 34,500; 2019 AED 27,922; 2020 AED 24,000; 2021 AED 21,939; 2022 AED 23,500; 2023 AED 30,000; 2024 AED 32,000; 2025 AED 39,000; 2026 AED 40,000New contract, March 2020: AED 25,000 a yearNew contract, May 2021: AED 23,000 a yearNew contract, May 2023: AED 40,000 a yearNew contract, June 2026: AED 47,000 a year

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 408 sits

All 33 studios →

408 last sold in October 2014 at AED 602 per sqft, 14% 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. 408's AED 47,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
25 Sep 2026400,000
16 Jul 2026400,000
19 Feb 2026476,682
4 Jun 2025440,000
3 studio sales in the last 12 months

Hercules Tower

Building

143 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%
Hercules Tower, Living Legends: prices, sales and rents →

Other units on the 4th floor

All 143 units in Hercules Tower
Value
4012-bedAED 1.06M · Mar 2013
4023-bedAED 1.34M · Sep 2024
4031-bedAED 700K · Mar 2026
4043-bedAED 970K · Sep 2019
4052-bedAED 1.14M · Dec 2012
4062-bedAED 765K · Jan 2023
407StudioAED 313K · Oct 2014
1–7 of 13

408, Hercules Tower in numbers

  • Sold once: by Tanmiyat Global Real Estate Development on 29 October 2014 for AED 301,086, or AED 602 per sqft.
  • Rented since March 2020 on 4 Ejari contracts, from AED 25,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2014 price is 15.6%, 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 1 June 2026.

Questions about 408, Hercules Tower

What did unit 408 last sell for?

AED 301,086 on 29 October 2014, sold by the developer: AED 602 per sqft for 500 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 47,000 a year on the contract signed on 1 June 2026. The previous contract, from May 2023, was AED 40,000; the unit has been rented since March 2020.

How big is unit 408?

500 sqft (46.5 sqm): a studio on the 4th floor of a 11-storey tower completed in 2020.

What is unit 408 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 408, Hercules Tower

Starts from the last sale price (AED 301K, 29 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 301,086
Deposit, UAE resident (20%)
AED 60,217
Deposit, non-resident (40%)
AED 120,434
Monthly over 25 years at 3.7%
AED 1,232

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