2-bed · 1,449 sqftHercules Tower, Living Legends · 6th floor · completed 2020

601, Hercules Tower

Sold prices and rental history: sold once, by the developer in April 2013, and rented once, from July 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 10 July 2020
Last soldAED 1.06M9 April 2013
Current rentAED 55K /yr10 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Hercules Tower

What is 601 worth today?

Last sold for AED 1,064,525 in 2013

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10 Jul 2020RentedNew contract
AED 55,000/yr12 months · AED 38 per sqft
9 Apr 2013Sold by developerOff-plan
AED 1,064,525AED 734 per sqft

Source: Dubai Land Department. Updated 10 July 2020.

Key facts

Type
2-bed apartment
Size
1,449 sqft
Floor
6th of 11
Parking
B-127
Developer
Tanmiyat Global Real Estate Development
Completed
2020
Service charge
AED 23,700 /yr
Last sold
AED 1.06M · April 2013

About 601, Hercules Tower

601 is a two-bedroom apartment of 1,449 sqft on the 6th 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 9 April 2013 for AED 1,064,525, or AED 734 per sqft, in line with the AED 752 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 July 2020. The current contract, signed on 10 July 2020, is AED 55,000 a year: a gross yield of 5.2% on the 2013 price, before the service charge of about AED 23,700 a year.

Sales and rents for 601 over time

Sales
Unit 601, 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, April 2013: AED 1,064,525 (AED 734 per sqft)

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

Rents
Unit 601, 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 79,500New contract, July 2020: AED 55,000 a year

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 601 sits

All 38 2-beds →

601 last sold in April 2013 at AED 734 per sqft, in line with what two-beds in Hercules Tower were fetching at the time (AED 752). 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. 601's AED 55,000 is in the lower half of that range.

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 6th floor

All 143 units in Hercules Tower
Value
6023-bedAED 1.25M · Aug 2023
6031-bedAED 705K · Nov 2025
6043-bedAED 783K · Sep 2019
6052-bedAED 1.1M · Sep 2017
6062-bedAED 1.17M · Mar 2017
6071-bedAED 620K · Oct 2023
6083-bedAED 1.43M · Oct 2024
1–7 of 11

601, Hercules Tower in numbers

  • Sold once: by Tanmiyat Global Real Estate Development on 9 April 2013 for AED 1,064,525, or AED 734 per sqft.
  • Rented since July 2020 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2013 price is 5.2%, before a service charge of about AED 23,700 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 10 July 2020.

Questions about 601, Hercules Tower

What did unit 601 last sell for?

AED 1,064,525 on 9 April 2013, sold by the developer: AED 734 per sqft for 1,449 sqft. It is the only registered sale of the unit.

What is the rent for unit 601?

AED 55,000 a year on the contract signed on 10 July 2020.

How big is unit 601?

1,449 sqft (134.6 sqm): a two-bedroom apartment on the 6th floor of a 11-storey tower completed in 2020.

What is unit 601 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 601, Hercules Tower

Starts from the last sale price (AED 1.06M, 9 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,064,525
Deposit, UAE resident (20%)
AED 212,905
Deposit, non-resident (40%)
AED 425,810
Monthly over 25 years at 3.7%
AED 4,355

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