3-bed · 1,823 sqftHercules Tower, Living Legends · 7th floor · completed 2020

702, Hercules Tower

Sold prices and rental history: sold twice, last in March 2024, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 27 March 2024
Last soldAED 1.3M27 March 2024
Current rentAED 65K /yr27 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Hercules Tower

What is 702 worth today?

Last sold for AED 1,300,000 in 2024

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27 Mar 2024SoldReady
AED 1,300,000AED 713 per sqft
27 Dec 2020RentedRenewal
AED 65,000/yr12 months · AED 36 per sqft
27 Dec 2018RentedNew contract
AED 78,000/yr12 months · AED 43 per sqft
3 Mar 2017RentedNew contract
AED 100,000/yr12 months · AED 55 per sqft
25 Apr 2013Sold by developerOff-plan
AED 1,479,596AED 811 per sqft

Source: Dubai Land Department. Updated 27 March 2024.

Key facts

Type
3-bed apartment
Size
1,823 sqft
Floor
7th of 11
Parking
B-200,B-201
Developer
Tanmiyat Global Real Estate Development
Completed
2020
Service charge
AED 29,900 /yr
Last sold
AED 1.3M · March 2024

About 702, Hercules Tower

702 is a three-bedroom apartment of 1,823 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 27 March 2024 for AED 1,300,000, or AED 713 per sqft, 7% above the AED 665 three-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 27 December 2020, is AED 65,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 29,900 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical three-bed in Hercules Tower
1M1.5M2012201620202024Typical sale price by year: 2012 AED 1,360,049; 2013 AED 1,382,819; 2016 AED 1,450,000; 2017 AED 782,500; 2018 AED 900,000; 2019 AED 910,000; 2023 AED 1,050,000; 2024 AED 1,335,000; 2025 AED 1,525,000Sold by developer, April 2013: AED 1,479,596 (AED 811 per sqft)Sold, March 2024: AED 1,300,000 (AED 713 per sqft)

702 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 702, each contractTypical three-bed in Hercules Tower
60K80K100K2017202020232026Typical rent by year: 2017 AED 100,000; 2018 AED 95,000; 2019 AED 84,000; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 72,000; 2023 AED 77,880; 2024 AED 84,389; 2025 AED 100,000; 2026 AED 107,500New contract, March 2017: AED 100,000 a yearNew contract, December 2018: AED 78,000 a yearRenewal, December 2020: AED 65,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Hercules Tower, and where 702 sits

All 32 3-beds →

702 last sold in March 2024 at AED 713 per sqft, 7% above what three-beds in Hercules Tower were fetching at the time (AED 665). Over the last 12 months three-beds sold for AED 1,820,000, around AED 998 per sqft, and rent for AED 85,000 to 125,000 a year. 702's AED 65,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Apr 20261,820,000
4 Nov 20251,800,000
20 Oct 20251,710,000
7 Jul 20251,570,000
1 3-bed sale 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 7th floor

All 143 units in Hercules Tower
Value
7012-bedAED 850K · Mar 2023
7031-bedAED 250K · Jan 2019
7043-bedAED 1.45M · May 2024
7052-bedAED 1.08M · Oct 2018
7062-bedAED 790K · Mar 2022
7071-bedAED 415K · Jul 2019
7083-bedAED 1.35M · May 2024
1–7 of 11

702, Hercules Tower in numbers

  • Sold twice: first on 25 April 2013 for AED 1,479,596, last on 27 March 2024 for AED 1,300,000 (AED 713 per sqft).
  • Rented since March 2017 on 3 Ejari contracts, from AED 100,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 29,900 a year (AED 16.39 per sqft).
  • Three-beds in Hercules Tower sold for AED 1,820,000–1,820,000 in the 12 months to November 2026; the building's median across all types is AED 822 per sqft.

Source: Dubai Land Department. Updated 27 March 2024.

Questions about 702, Hercules Tower

What did unit 702 last sell for?

AED 1,300,000 on 27 March 2024: AED 713 per sqft for 1,823 sqft. The unit has 2 registered sales; the first was AED 1,479,596 in April 2013.

What is the rent for unit 702?

AED 65,000 a year on the contract renewed on 27 December 2020. The previous contract, from December 2018, was AED 78,000; the unit has been rented since March 2017.

How big is unit 702?

1,823 sqft (169.4 sqm): a three-bedroom apartment on the 7th floor of a 11-storey tower completed in 2020.

What is unit 702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Hercules Tower sold for AED 1,820,000 to 1,820,000 in the last 12 months, around AED 998 per sqft.

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Mortgage on 702, Hercules Tower

Starts from the last sale price (AED 1.3M, 27 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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