1-bed · 851 sqftHercules Tower, Living Legends · 7th floor · completed 2020

703, Hercules Tower

Sold prices and rental history: sold twice, last in January 2019, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 5 January 2019
Last soldAED 250K3 January 2019
Current rentAED 40K /yr5 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Hercules Tower

What is 703 worth today?

Last sold for AED 250,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Jan 2019RentedNew contract
AED 40,000/yr12 months · AED 47 per sqft
3 Jan 2019SoldReady
AED 250,000AED 293 per sqft
1 Dec 2017RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
19 May 2013Sold by developerOff-plan
AED 679,633AED 798 per sqft

Source: Dubai Land Department. Updated 5 January 2019.

Key facts

Type
1-bed apartment
Size
851 sqft
Floor
7th of 11
Parking
B-108
Developer
Tanmiyat Global Real Estate Development
Completed
2020
Service charge
AED 13,900 /yr
Last sold
AED 250K · January 2019

About 703, Hercules Tower

703 is a one-bedroom apartment of 851 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 3 January 2019 for AED 250,000, or AED 293 per sqft, 52% below the AED 605 one-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 5 January 2019, is AED 40,000 a year: a gross yield of 16.0% on the 2019 price, before the service charge of about AED 13,900 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical one-bed in Hercules Tower
250K500K750K2012201620202024Typical sale price by year: 2012 AED 751,028; 2013 AED 725,993; 2014 AED 622,524; 2016 AED 631,181; 2018 AED 584,162; 2019 AED 430,000; 2021 AED 415,000; 2022 AED 445,000; 2023 AED 505,000; 2024 AED 640,000; 2026 AED 725,000Sold by developer, May 2013: AED 679,633 (AED 798 per sqft)Sold, January 2019: AED 250,000 (AED 293 per sqft)

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

Rents
Unit 703, each contractTypical one-bed in Hercules Tower
40K60K2017202020232026Typical rent by year: 2017 AED 55,000; 2018 AED 50,000; 2019 AED 40,000; 2020 AED 33,000; 2021 AED 32,000; 2022 AED 35,000; 2023 AED 39,000; 2024 AED 50,000; 2025 AED 62,000; 2026 AED 57,000New contract, December 2017: AED 50,000 a yearNew contract, January 2019: AED 40,000 a year

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 703 sits

All 30 1-beds →

703 last sold in January 2019 at AED 293 per sqft, 52% below what one-beds in Hercules Tower were fetching at the time (AED 605). 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. 703's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 May 2026835,000
13 May 2026202,500
7 May 2026750,000
6 Mar 2026700,000
5 1-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 7th floor

All 143 units in Hercules Tower
Value
7012-bedAED 850K · Mar 2023
7023-bedAED 1.3M · Mar 2024
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

703, Hercules Tower in numbers

  • Sold twice: first on 19 May 2013 for AED 679,633, last on 3 January 2019 for AED 250,000 (AED 293 per sqft).
  • Rented since December 2017 on 2 Ejari contracts, from AED 50,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2019 price is 16.0%, before a service charge of about AED 13,900 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 5 January 2019.

Questions about 703, Hercules Tower

What did unit 703 last sell for?

AED 250,000 on 3 January 2019: AED 293 per sqft for 851 sqft. The unit has 2 registered sales; the first was AED 679,633 in May 2013.

What is the rent for unit 703?

AED 40,000 a year on the contract signed on 5 January 2019. The previous contract, from December 2017, was AED 50,000.

How big is unit 703?

851 sqft (79.1 sqm): a one-bedroom apartment on the 7th floor of a 11-storey tower completed in 2020.

What is unit 703 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.

Selling 703? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 703, Hercules Tower

Starts from the last sale price (AED 250K, 3 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 250,000
Deposit, UAE resident (20%)
AED 50,000
Deposit, non-resident (40%)
AED 100,000
Monthly over 25 years at 3.7%
AED 1,023

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