2-bed · 1,563 sqftHercules Tower, Living Legends · 7th floor · completed 2020

712, Hercules Tower

Sold prices and rental history: sold 5 times, last in May 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 23 May 2024
Last soldAED 1.24M23 May 2024
Current rentAED 53K /yr10 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Hercules Tower

What is 712 worth today?

Last sold for AED 1,240,000 in 2024

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23 May 2024SoldReady
AED 1,240,000AED 793 per sqft
8 Jun 2021SoldReady
AED 725,000AED 463 per sqft
10 Dec 2020RentedNew contract
AED 53,000/yr12 months · AED 34 per sqft
1 Dec 2019RentedRenewal
AED 67,000/yr12 months · AED 45 per sqft
1 Dec 2018RentedRenewal
AED 70,000/yr12 months · AED 47 per sqft
30 Oct 2018SoldReady
AED 575,000AED 367 per sqft
1 Dec 2017RentedRenewal
AED 75,000/yr12 months · AED 50 per sqft
1 Dec 2016RentedNew contract
AED 75,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 23 May 2024.

Key facts

Type
2-bed apartment
Size
1,563 sqft
Floor
7th of 11
Parking
B-129
Developer
Tanmiyat Global Real Estate Development
Completed
2020
Service charge
AED 25,600 /yr
Last sold
AED 1.24M · May 2024

About 712, Hercules Tower

712 is a two-bedroom apartment of 1,563 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 23 May 2024 for AED 1,240,000, or AED 793 per sqft, 24% above the AED 640 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 10 December 2020, is AED 53,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 25,600 a year.

Sales and rents for 712 over time

Sales
Unit 712, 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 1,063,048 (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, June 2021: AED 725,000 (AED 463 per sqft)Sold, May 2024: AED 1,240,000 (AED 793 per sqft)

712 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 712, 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, December 2016: AED 75,000 a yearRenewal, December 2017: AED 75,000 a yearRenewal, December 2018: AED 70,000 a yearRenewal, December 2019: AED 67,000 a yearNew contract, December 2020: AED 53,000 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 712 sits

All 38 2-beds →

712 last sold in May 2024 at AED 793 per sqft, 24% above what two-beds in Hercules Tower were fetching at the time (AED 640). 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. 712's AED 53,000 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 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

712, Hercules Tower in numbers

  • Sold 5 times: first on 17 November 2013 for AED 1,063,048, last on 23 May 2024 for AED 1,240,000 (AED 793 per sqft).
  • Rented since December 2016 on 5 Ejari contracts, from AED 75,000 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2024 price is 4.3%, 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 23 May 2024.

Questions about 712, Hercules Tower

What did unit 712 last sell for?

AED 1,240,000 on 23 May 2024: AED 793 per sqft for 1,563 sqft. The unit has 5 registered sales; the first was AED 1,063,048 in November 2013.

What is the rent for unit 712?

AED 53,000 a year on the contract signed on 10 December 2020. The previous contract, from December 2019, was AED 67,000; the unit has been rented since December 2016.

How big is unit 712?

1,563 sqft (145.2 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower completed in 2020.

What is unit 712 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 712, Hercules Tower

Starts from the last sale price (AED 1.24M, 23 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,240,000
Deposit, UAE resident (20%)
AED 248,000
Deposit, non-resident (40%)
AED 496,000
Monthly over 25 years at 3.7%
AED 5,073

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