2-bed · 1,839 sqftHercules Tower, Living Legends · Ground floor · completed 2020

G16, Hercules Tower

Sold prices and rental history: sold twice, last in May 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G16 · DLD and Ejari recordsUpdated 30 May 2021
Last soldAED 670K30 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G16, Hercules Tower

What is G16 worth today?

Last sold for AED 670,000 in 2021

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30 May 2021SoldReady
AED 670,000AED 364 per sqft
13 Jul 2016Sold by developerOff-plan
AED 872,538AED 574 per sqft

Source: Dubai Land Department. Updated 30 May 2021.

Key facts

Type
2-bed apartment
Size
1,839 sqft
Floor
Ground of 11
Parking
B-29
Developer
Tanmiyat Global Real Estate Development
Completed
2020
Service charge
AED 30,100 /yr
Last sold
AED 670K · May 2021

About G16, Hercules Tower

G16 is a two-bedroom apartment of 1,839 sqft on the ground floor of Hercules Tower, a 11-storey tower in Living Legends completed in 2020 by Tanmiyat Global Real Estate Development. It last sold on 30 May 2021 for AED 670,000, or AED 364 per sqft, 25% below the AED 488 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for G16 over time

Sales
Unit G16, 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, July 2016: AED 872,538 (AED 574 per sqft)Sold, May 2021: AED 670,000 (AED 364 per sqft)

G16 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G16, 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 79,500

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 G16 sits

All 38 2-beds →

G16 last sold in May 2021 at AED 364 per sqft, 25% below what two-beds in Hercules Tower were fetching at the time (AED 488). 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.

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 ground floor

All 143 units in Hercules Tower
Value
G01StudioAED 160K · Dec 2019
G02StudioAED 555K · Mar 2016
G03StudioAED 564K · Sep 2015
G04StudioAED 466K · Jun 2016
G052-bedAED 655K · Mar 2021
G061-bedAED 750K · May 2026
G072-bedAED 940K · Feb 2024
1–7 of 19

G16, Hercules Tower in numbers

  • Sold twice: first on 13 July 2016 for AED 872,538, last on 30 May 2021 for AED 670,000 (AED 364 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 30 May 2021.

Questions about G16, Hercules Tower

What did unit G16 last sell for?

AED 670,000 on 30 May 2021: AED 364 per sqft for 1,839 sqft. The unit has 2 registered sales; the first was AED 872,538 in July 2016.

How big is unit G16?

1,839 sqft (170.8 sqm): a two-bedroom apartment on the ground floor of a 11-storey tower completed in 2020.

What is unit G16 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 G16, Hercules Tower

Starts from the last sale price (AED 670K, 30 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 670,000
Deposit, UAE resident (20%)
AED 134,000
Deposit, non-resident (40%)
AED 268,000
Monthly over 25 years at 3.7%
AED 2,741

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