2-bed · 1,429 sqftHercules Tower, Living Legends · 9th floor · completed 2020

905, Hercules Tower

Sold prices and rental history: sold twice, last in November 2020, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 905 · DLD and Ejari recordsUpdated 23 November 2020
Last soldAED 725K23 November 2020
Current rentAED 62K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 905, Hercules Tower

What is 905 worth today?

Last sold for AED 725,000 in 2020

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23 Nov 2020SoldReady
AED 725,000AED 507 per sqft
1 Aug 2020RentedNew contract
AED 62,000/yr12 months · AED 43 per sqft
24 Jul 2019RentedNew contract
AED 75,000/yr13 months · AED 52 per sqft
18 Oct 2012Sold by developerOff-plan
AED 1,026,081AED 718 per sqft

Source: Dubai Land Department. Updated 23 November 2020.

Key facts

Type
2-bed apartment
Size
1,429 sqft
Floor
9th of 11
Parking
B-32
Developer
Tanmiyat Global Real Estate Development
Completed
2020
Service charge
AED 23,400 /yr
Last sold
AED 725K · November 2020

About 905, Hercules Tower

905 is a two-bedroom apartment of 1,429 sqft on the 9th 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 November 2020 for AED 725,000, or AED 507 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 August 2020, is AED 62,000 a year: a gross yield of 8.6% on the 2020 price, before the service charge of about AED 23,400 a year.

Sales and rents for 905 over time

Sales
Unit 905, 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, October 2012: AED 1,026,081 (AED 718 per sqft)Sold, November 2020: AED 725,000 (AED 507 per sqft)

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

Rents
Unit 905, 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, July 2019: AED 75,000 a yearNew contract, August 2020: AED 62,000 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 905 sits

All 38 2-beds →

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. 905's AED 62,000 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 9th floor

All 143 units in Hercules Tower
Value
9012-bedAED 950K · May 2024
9023-bedAED 1.5M · May 2025
9031-bedAED 505K · May 2023
9043-bedAED 1.36M · Apr 2016
9062-bedAED 1.25M · Dec 2017
9071-bedAED 781K · Nov 2012
9083-bedAED 1.1M · Jan 2023
1–7 of 13

905, Hercules Tower in numbers

  • Sold twice: first on 18 October 2012 for AED 1,026,081, last on 23 November 2020 for AED 725,000 (AED 507 per sqft).
  • Rented since July 2019 on 2 Ejari contracts, from AED 75,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2020 price is 8.6%, before a service charge of about AED 23,400 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 November 2020.

Questions about 905, Hercules Tower

What did unit 905 last sell for?

AED 725,000 on 23 November 2020: AED 507 per sqft for 1,429 sqft. The unit has 2 registered sales; the first was AED 1,026,081 in October 2012.

What is the rent for unit 905?

AED 62,000 a year on the contract signed on 1 August 2020. The previous contract, from July 2019, was AED 75,000.

How big is unit 905?

1,429 sqft (132.8 sqm): a two-bedroom apartment on the 9th floor of a 11-storey tower completed in 2020.

What is unit 905 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 905, Hercules Tower

Starts from the last sale price (AED 725K, 23 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 725,000
Deposit, UAE resident (20%)
AED 145,000
Deposit, non-resident (40%)
AED 290,000
Monthly over 25 years at 3.7%
AED 2,966

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