506, Hercules Tower
Sold prices and rental history: sold 3 times, last in June 2023, 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 506, Hercules Tower
What is 506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 28 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,402 sqft
- Floor
- 5th of 11
- Parking
- B-121
- Developer
- Tanmiyat Global Real Estate Development
- Completed
- 2020
- Service charge
- AED 23,000 /yr
- Last sold
- AED 750K · June 2023
- Building
- Hercules Tower
About 506, Hercules Tower
506 is a two-bedroom apartment of 1,402 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 19 June 2023 for AED 750,000, or AED 534 per sqft, in line with the AED 545 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 28 May 2024, is AED 24,000 a year: a gross yield of 3.2% on the 2023 price, before the service charge of about AED 23,000 a year.
Sales and rents for 506 over time
506 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 506 sits
All 38 2-beds →506 last sold in June 2023 at AED 534 per sqft, in line with what two-beds in Hercules Tower were fetching at the time (AED 545). 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. 506's AED 24,000 is at the bottom 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 | |
| 505 | 2-bed | 1,399 sqft | AED 740KAED 740,000 · Feb 2021February 2021 | 62,000 /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 |
506, Hercules Tower in numbers
- Sold 3 times: first on 2 February 2013 for AED 1,117,037, last on 19 June 2023 for AED 750,000 (AED 534 per sqft).
- Rented since November 2018 on 5 Ejari contracts, at AED 24,000 a year.
- At AED 24,000 a year the gross yield on the 2023 price is 3.2%, before a service charge of about AED 23,000 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 28 May 2024.
Questions about 506, Hercules Tower
What did unit 506 last sell for?
AED 750,000 on 19 June 2023: AED 534 per sqft for 1,402 sqft. The unit has 3 registered sales; the first was AED 1,117,037 in February 2013.
What is the rent for unit 506?
AED 24,000 a year on the contract signed on 28 May 2024. The previous contract, from November 2021, was AED 24,000; the unit has been rented since November 2018.
How big is unit 506?
1,402 sqft (130.3 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2020.
What is unit 506 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.
Selling 506? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 506, Hercules Tower
Starts from the last sale price (AED 750K, 19 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →