505, Hercules Tower
Sold prices and rental history: sold 3 times, last in February 2021, and rented once, from May 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Hercules Tower
What is 505 worth today?
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Source: Dubai Land Department. Updated 25 February 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,399 sqft
- Floor
- 5th of 11
- Parking
- B-123
- Developer
- Tanmiyat Global Real Estate Development
- Completed
- 2020
- Service charge
- AED 22,900 /yr
- Last sold
- AED 740K · February 2021
- Building
- Hercules Tower
About 505, Hercules Tower
505 is a two-bedroom apartment of 1,399 sqft on the 5th floor of Hercules Tower, a 11-storey tower in Living Legends completed in 2020 by Tanmiyat Global Real Estate Development. It last sold on 25 February 2021 for AED 740,000, or AED 529 per sqft, in line with the AED 518 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 May 2020. The current contract, signed on 15 May 2020, is AED 62,000 a year: a gross yield of 8.4% on the 2021 price, before the service charge of about AED 22,900 a year.
Sales and rents for 505 over time
505 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 505 sits
All 38 2-beds →505 last sold in February 2021 at AED 529 per sqft, in line with what two-beds in Hercules Tower were fetching at the time (AED 518). 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. 505's AED 62,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Oct 20265 October 2026 | 1,402 sqft | 1,187,500 | 846 | ||
| 2 Sep 20262 September 2026 | 1,449 sqft | 1,150,000 | 793 | ||
| 9 Jan 20269 January 2026 | 1,429 sqft | 1,250,000 | 874 | ||
| 4 Nov 20254 November 2025 | 1,499 sqft | 1,265,000 | 844 |
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 5th floor
All 143 units in Hercules Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,449 sqft | AED 1.03MAED 1,027,817 · Feb 2013February 2013 | ||
| 502 | 3-bed | 1,823 sqft | AED 1MAED 1,000,000 · Feb 2023February 2023 | 120,000 /yr | |
| 503 | 1-bed | 851 sqft | AED 466KAED 466,334 · Apr 2023April 2023 | 34,000 /yr | |
| 504 | 3-bed | 1,823 sqft | AED 1.32MAED 1,315,000 · Mar 2013March 2013 | 100,000 /yr | |
| 506 | 2-bed | 1,402 sqft | AED 750KAED 750,000 · Jun 2023June 2023 | 24,000 /yr | |
| 507 | 1-bed | 973 sqft | AED 751KAED 751,028 · Oct 2012October 2012 | ||
| 508 | 3-bed | 1,864 sqft | AED 1.31MAED 1,314,362 · Mar 2013March 2013 | ||
| 509 | 1-bed | 851 sqft | AED 680KAED 680,000 · Mar 2025March 2025 | 35,420 /yr | |
| 510 | 3-bed | 1,823 sqft | AED 500KAED 500,000 · Oct 2018October 2018 | ||
| 511 | 1-bed | 1,000 sqft | AED 650KAED 650,000 · Jul 2024July 2024 | 53,000 /yr | |
| 512 | 2-bed | 1,563 sqft | AED 1MAED 1,000,000 · Jan 2024January 2024 | 78,000 /yr |
505, Hercules Tower in numbers
- Sold 3 times: first on 12 November 2012 for AED 1,099,372, last on 25 February 2021 for AED 740,000 (AED 529 per sqft).
- Rented since May 2020 on one Ejari contract, at AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2021 price is 8.4%, before a service charge of about AED 22,900 a year (AED 16.39 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 25 February 2021.
Questions about 505, Hercules Tower
What did unit 505 last sell for?
AED 740,000 on 25 February 2021: AED 529 per sqft for 1,399 sqft. The unit has 3 registered sales; the first was AED 1,099,372 in November 2012.
What is the rent for unit 505?
AED 62,000 a year on the contract signed on 15 May 2020.
How big is unit 505?
1,399 sqft (130.0 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2020.
What is unit 505 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 505, Hercules Tower
Starts from the last sale price (AED 740K, 25 February 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 740,000
- Deposit, UAE resident (20%)
- AED 148,000
- Deposit, non-resident (40%)
- AED 296,000
- Monthly over 25 years at 3.7%
- AED 3,028
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →