2-bed · 1,563 sqftHercules Tower, Living Legends · 6th floor · completed 2020

612, Hercules Tower

Sold prices and rental history: sold 4 times, last in August 2021, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 10 August 2021
Last soldAED 750K10 August 2021
Current rentAED 68K /yr10 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Hercules Tower

What is 612 worth today?

Last sold for AED 750,000 in 2021

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10 Aug 2021SoldReady
AED 750,000AED 479 per sqft
10 Sep 2019RentedNew contract
AED 68,000/yr12 months · AED 44 per sqft
29 Oct 2018SoldReady
AED 575,000AED 367 per sqft
1 Jan 2018RentedRenewal
AED 90,000/yr12 months · AED 58 per sqft
1 Jan 2017RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft
7 Sep 2016SoldOff-plan
AED 575,000AED 384 per sqft
17 Nov 2013Sold by developerOff-plan
AED 1,063,055AED 679 per sqft

Source: Dubai Land Department. Updated 10 August 2021.

Key facts

Type
2-bed apartment
Size
1,563 sqft
Floor
6th of 11
Parking
B-128
Developer
Tanmiyat Global Real Estate Development
Completed
2020
Service charge
AED 25,600 /yr
Last sold
AED 750K · August 2021

About 612, Hercules Tower

612 is a two-bedroom apartment of 1,563 sqft on the 6th floor of Hercules Tower, a 11-storey tower in Living Legends completed in 2020 by Tanmiyat Global Real Estate Development. It last sold on 10 August 2021 for AED 750,000, or AED 479 per sqft, in line with the AED 474 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 10 September 2019, is AED 68,000 a year: a gross yield of 9.1% on the 2021 price, before the service charge of about AED 25,600 a year.

Sales and rents for 612 over time

Sales
Unit 612, 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, November 2013: AED 1,063,055 (AED 679 per sqft)Sold, September 2016: AED 575,000 (AED 384 per sqft)Sold, October 2018: AED 575,000 (AED 367 per sqft)Sold, August 2021: AED 750,000 (AED 479 per sqft)

612 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 612, 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, January 2017: AED 90,000 a yearRenewal, January 2018: AED 90,000 a yearNew contract, September 2019: AED 68,000 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 612 sits

All 38 2-beds →

612 last sold in August 2021 at AED 479 per sqft, in line with what two-beds in Hercules Tower were fetching at the time (AED 474). 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. 612's AED 68,000 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
6012-bedAED 1.06M · Apr 2013
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
1–7 of 11

612, Hercules Tower in numbers

  • Sold 4 times: first on 17 November 2013 for AED 1,063,055, last on 10 August 2021 for AED 750,000 (AED 479 per sqft).
  • Rented since January 2017 on 3 Ejari contracts, from AED 90,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2021 price is 9.1%, before a service charge of about AED 25,600 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 August 2021.

Questions about 612, Hercules Tower

What did unit 612 last sell for?

AED 750,000 on 10 August 2021: AED 479 per sqft for 1,563 sqft. The unit has 4 registered sales; the first was AED 1,063,055 in November 2013.

What is the rent for unit 612?

AED 68,000 a year on the contract signed on 10 September 2019. The previous contract, from January 2018, was AED 90,000; the unit has been rented since January 2017.

How big is unit 612?

1,563 sqft (145.2 sqm): a two-bedroom apartment on the 6th floor of a 11-storey tower completed in 2020.

What is unit 612 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 612, Hercules Tower

Starts from the last sale price (AED 750K, 10 August 2021). 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 →