511, Hercules Tower
Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 511, Hercules Tower
What is 511 worth today?
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Source: Dubai Land Department. Updated 3 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,000 sqft
- Floor
- 5th of 11
- Parking
- B-50
- Developer
- Tanmiyat Global Real Estate Development
- Completed
- 2020
- Service charge
- AED 16,400 /yr
- Last sold
- AED 650K · July 2024
- Building
- Hercules Tower
About 511, Hercules Tower
511 is a one-bedroom apartment of 1,000 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 3 July 2024 for AED 650,000, or AED 650 per sqft, in line with the AED 637 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 23 February 2024, is AED 53,000 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 16,400 a year.
Sales and rents for 511 over time
511 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Hercules Tower, and where 511 sits
All 30 1-beds →511 last sold in July 2024 at AED 650 per sqft, in line with what one-beds in Hercules Tower were fetching at the time (AED 637). Over the last 12 months one-beds sold for AED 202,500 to 835,000, around AED 822 per sqft, and rent for AED 42,693 to 70,000 a year. 511's AED 53,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 May 202623 May 2026 | 1,254 sqft | 835,000 | 665 | ||
| 13 May 202613 May 2026 | 434 sqft | 202,500 | 466 | ||
| 7 May 20267 May 2026 | 867 sqft | 750,000 | 864 | ||
| 6 Mar 20266 March 2026 | 851 sqft | 700,000 | 822 |
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 | |
| 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 | ||
| 512 | 2-bed | 1,563 sqft | AED 1MAED 1,000,000 · Jan 2024January 2024 | 78,000 /yr |
511, Hercules Tower in numbers
- Sold 3 times: first on 14 January 2013 for AED 731,453, last on 3 July 2024 for AED 650,000 (AED 650 per sqft).
- Rented since February 2019 on 4 Ejari contracts. The rent fell from AED 48,000 to AED 40,000 in 2022 and recovered to AED 53,000 by February 2024.
- At AED 53,000 a year the gross yield on the 2024 price is 8.2%, before a service charge of about AED 16,400 a year (AED 16.39 per sqft).
- One-beds in Hercules Tower sold for AED 202,500–835,000 in the 12 months to November 2026; the building's median across all types is AED 822 per sqft.
Source: Dubai Land Department. Updated 3 July 2024.
Questions about 511, Hercules Tower
What did unit 511 last sell for?
AED 650,000 on 3 July 2024: AED 650 per sqft for 1,000 sqft. The unit has 3 registered sales; the first was AED 731,453 in January 2013.
What is the rent for unit 511?
AED 53,000 a year on the contract signed on 23 February 2024. The previous contract, from February 2024, was AED 52,686; the unit has been rented since February 2019.
How big is unit 511?
1,000 sqft (92.9 sqm): a one-bedroom apartment on the 5th floor of a 11-storey tower completed in 2020.
What is unit 511 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Hercules Tower sold for AED 202,500 to 835,000 in the last 12 months, around AED 822 per sqft.
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Mortgage on 511, Hercules Tower
Starts from the last sale price (AED 650K, 3 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →