2-bed · 1,449 sqftHercules Tower, Living Legends · 5th floor · completed 2020

501, Hercules Tower

Sold prices and rental history: sold once, by the developer in February 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 21 February 2013
Last soldAED 1.03M21 February 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Hercules Tower

What is 501 worth today?

Last sold for AED 1,027,817 in 2013

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21 Feb 2013Sold by developerOff-plan
AED 1,027,817AED 709 per sqft

Source: Dubai Land Department. Updated 21 February 2013.

Key facts

Type
2-bed apartment
Size
1,449 sqft
Floor
5th of 11
Parking
B-31
Developer
Tanmiyat Global Real Estate Development
Completed
2020
Service charge
AED 23,700 /yr
Last sold
AED 1.03M · February 2013

About 501, Hercules Tower

501 is a two-bedroom apartment of 1,449 sqft on the 5th 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 21 February 2013 for AED 1,027,817, or AED 709 per sqft, 10% below the AED 791 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in Hercules Tower
500K1M2012201620202024Typical sale price by year: 2012 AED 1,136,018; 2013 AED 1,064,525; 2014 AED 955,175; 2015 AED 1,185,912; 2016 AED 854,224; 2017 AED 1,135,000; 2018 AED 575,000; 2021 AED 702,500; 2023 AED 765,000; 2024 AED 975,000; 2025 AED 1,200,000; 2026 AED 1,187,500Sold by developer, February 2013: AED 1,027,817 (AED 709 per sqft)

501 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 501, each contractTypical two-bed in Hercules Tower
60K80K2016201920222025Typical rent by year: 2016 AED 75,000; 2017 AED 75,000; 2018 AED 72,000; 2019 AED 68,000; 2020 AED 59,000; 2021 AED 53,500; 2022 AED 58,195; 2023 AED 62,000; 2024 AED 66,000; 2025 AED 78,000; 2026 AED 79,500

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

2-beds in Hercules Tower, and where 501 sits

All 38 2-beds →

501 last sold in February 2013 at AED 709 per sqft, 10% below what two-beds in Hercules Tower were fetching at the time (AED 791). Over the last 12 months two-beds sold for AED 1,150,000 to 1,250,000, around AED 846 per sqft, and rent for AED 45,000 to 94,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Oct 20261,187,500
2 Sep 20261,150,000
9 Jan 20261,250,000
4 Nov 20251,265,000
3 2-bed 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 5th floor

All 143 units in Hercules Tower
Value
5023-bedAED 1M · Feb 2023
5031-bedAED 466K · Apr 2023
5043-bedAED 1.32M · Mar 2013
5052-bedAED 740K · Feb 2021
5062-bedAED 750K · Jun 2023
5071-bedAED 751K · Oct 2012
5083-bedAED 1.31M · Mar 2013
1–7 of 11

501, Hercules Tower in numbers

  • Sold once: by Tanmiyat Global Real Estate Development on 21 February 2013 for AED 1,027,817, or AED 709 per sqft.
  • Two-beds in Hercules Tower sold for AED 1,150,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 822 per sqft.

Source: Dubai Land Department. Updated 21 February 2013.

Questions about 501, Hercules Tower

What did unit 501 last sell for?

AED 1,027,817 on 21 February 2013, sold by the developer: AED 709 per sqft for 1,449 sqft. It is the only registered sale of the unit.

How big is unit 501?

1,449 sqft (134.6 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2020.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Hercules Tower sold for AED 1,150,000 to 1,250,000 in the last 12 months, around AED 846 per sqft.

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Mortgage on 501, Hercules Tower

Starts from the last sale price (AED 1.03M, 21 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,027,817
Deposit, UAE resident (20%)
AED 205,563
Deposit, non-resident (40%)
AED 411,127
Monthly over 25 years at 3.7%
AED 4,205

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