701, Hercules Tower
Sold prices and rental history: sold 4 times, last in March 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Hercules Tower
What is 701 worth today?
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Source: Dubai Land Department. Updated 6 March 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,449 sqft
- Floor
- 7th of 11
- Parking
- B-22
- Developer
- Tanmiyat Global Real Estate Development
- Completed
- 2020
- Service charge
- AED 23,700 /yr
- Last sold
- AED 850K · March 2023
- Building
- Hercules Tower
About 701, Hercules Tower
701 is a two-bedroom apartment of 1,449 sqft on the 7th floor of Hercules Tower, a 11-storey tower in Living Legends completed in 2020 by Tanmiyat Global Real Estate Development. It last sold on 6 March 2023 for AED 850,000, or AED 586 per sqft, 4% above the AED 563 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 15 September 2022, is AED 54,667 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 23,700 a year.
Sales and rents for 701 over time
701 has sold 4 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 701 sits
All 38 2-beds →701 last sold in March 2023 at AED 586 per sqft, 4% above what two-beds in Hercules Tower were fetching at the time (AED 563). 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. 701's AED 54,667 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 7th floor
All 143 units in Hercules Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 3-bed | 1,823 sqft | AED 1.3MAED 1,300,000 · Mar 2024March 2024 | 65,000 /yr | |
| 703 | 1-bed | 851 sqft | AED 250KAED 250,000 · Jan 2019January 2019 | 40,000 /yr | |
| 704 | 3-bed | 1,823 sqft | AED 1.45MAED 1,450,000 · May 2024May 2024 | 80,000 /yr | |
| 705 | 2-bed | 1,399 sqft | AED 1.08MAED 1,080,000 · Oct 2018October 2018 | 90,000 /yr | |
| 706 | 2-bed | 1,402 sqft | AED 790KAED 790,000 · Mar 2022March 2022 | 59,000 /yr | |
| 707 | 1-bed | 973 sqft | AED 415KAED 415,000 · Jul 2019July 2019 | ||
| 708 | 3-bed | 1,864 sqft | AED 1.35MAED 1,350,000 · May 2024May 2024 | 85,540 /yr | |
| 709 | 1-bed | 851 sqft | AED 724KAED 723,584 · Feb 2013February 2013 | 65,000 /yr | |
| 710 | 3-bed | 1,823 sqft | AED 1.82MAED 1,820,000 · Apr 2026April 2026 | 100,000 /yr | |
| 711 | 1-bed | 1,000 sqft | AED 570KAED 570,000 · Mar 2024March 2024 | ||
| 712 | 2-bed | 1,563 sqft | AED 1.24MAED 1,240,000 · May 2024May 2024 | 53,000 /yr |
701, Hercules Tower in numbers
- Sold 4 times: first on 17 November 2013 for AED 1,042,500, last on 6 March 2023 for AED 850,000 (AED 586 per sqft).
- Rented since December 2016 on 6 Ejari contracts, from AED 75,000 to AED 54,667 a year.
- At AED 54,667 a year the gross yield on the 2023 price is 6.4%, 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 6 March 2023.
Questions about 701, Hercules Tower
What did unit 701 last sell for?
AED 850,000 on 6 March 2023: AED 586 per sqft for 1,449 sqft. The unit has 4 registered sales; the first was AED 1,042,500 in November 2013.
What is the rent for unit 701?
AED 54,667 a year on the contract renewed on 15 September 2022. The previous contract, from September 2021, was AED 55,000; the unit has been rented since December 2016.
How big is unit 701?
1,449 sqft (134.6 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower completed in 2020.
What is unit 701 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 701, Hercules Tower
Starts from the last sale price (AED 850K, 6 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →