3-bed · 1,864 sqftHercules Tower, Living Legends · 7th floor · completed 2020

708, Hercules Tower

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.35M8 May 2024
Current rentAED 86K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Hercules Tower

What is 708 worth today?

Last sold for AED 1,350,000 in 2024

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1 Sep 2024RentedRenewal
AED 85,540/yr6 months · AED 46 per sqft
8 May 2024SoldReady
AED 1,350,000AED 724 per sqft
1 Sep 2023RentedRenewal
AED 81,900/yr12 months · AED 44 per sqft
1 Sep 2022RentedRenewal
AED 78,000/yr12 months · AED 42 per sqft
1 Sep 2021RentedRenewal
AED 78,000/yr12 months · AED 42 per sqft
1 Sep 2020RentedNew contract
AED 78,000/yr12 months · AED 42 per sqft
21 Sep 2016SoldOff-plan
AED 1,450,000AED 778 per sqft
27 Dec 2012Sold by developerOff-plan
AED 1,360,049AED 729 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
3-bed apartment
Size
1,864 sqft
Floor
7th of 11
Parking
B-35,B-144
Developer
Tanmiyat Global Real Estate Development
Completed
2020
Service charge
AED 30,500 /yr
Last sold
AED 1.35M · May 2024

About 708, Hercules Tower

708 is a three-bedroom apartment of 1,864 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 8 May 2024 for AED 1,350,000, or AED 724 per sqft, 6% above the AED 685 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 85,540 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 30,500 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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, December 2012: AED 1,360,049 (AED 729 per sqft)Sold, September 2016: AED 1,450,000 (AED 778 per sqft)Sold, May 2024: AED 1,350,000 (AED 724 per sqft)

708 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 708, each contractTypical three-bed in Hercules Tower
80K100K2017202020232026Typical 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, September 2020: AED 78,000 a yearRenewal, September 2021: AED 78,000 a yearRenewal, September 2022: AED 78,000 a yearRenewal, September 2023: AED 81,900 a yearRenewal, September 2024: AED 85,540 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 708 sits

All 32 3-beds →

708 last sold in May 2024 at AED 724 per sqft, 6% above what three-beds in Hercules Tower were fetching at the time (AED 685). 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. 708's AED 85,540 is in the lower half 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
7023-bedAED 1.3M · Mar 2024
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
1–7 of 11

708, Hercules Tower in numbers

  • Sold 3 times: first on 27 December 2012 for AED 1,360,049, last on 8 May 2024 for AED 1,350,000 (AED 724 per sqft).
  • Rented since September 2020 on 5 Ejari contracts, from AED 78,000 to AED 85,540 a year.
  • At AED 85,540 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 30,500 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 1 September 2024.

Questions about 708, Hercules Tower

What did unit 708 last sell for?

AED 1,350,000 on 8 May 2024: AED 724 per sqft for 1,864 sqft. The unit has 3 registered sales; the first was AED 1,360,049 in December 2012.

What is the rent for unit 708?

AED 85,540 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 81,900; the unit has been rented since September 2020.

How big is unit 708?

1,864 sqft (173.2 sqm): a three-bedroom apartment on the 7th floor of a 11-storey tower completed in 2020.

What is unit 708 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 708, Hercules Tower

Starts from the last sale price (AED 1.35M, 8 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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