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Studio · 501 sqftParadise View 1 Majan, Majan · 10th floor · completed 2018

1002, Paradise View 1 Majan

Sold prices and rental history: sold once, by the developer in October 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 23 October 2024
Last soldAED 551K23 October 2024
Current rentAED 30K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1002, Paradise View 1 Majan

What is 1002 worth today?

Last sold for AED 551,100 in 2024

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23 Oct 2024Sold by developerReady
AED 551,100AED 1,100 per sqft
1 Jul 2023RentedRenewal
AED 29,925/yr12 months · AED 60 per sqft
1 Jun 2022RentedRenewal
AED 28,500/yr13 months · AED 57 per sqft
1 Apr 2021RentedNew contract
AED 30,000/yr14 months · AED 60 per sqft
15 Jun 2019RentedNew contract
AED 36,000/yr13 months · AED 72 per sqft

Source: Dubai Land Department. Updated 23 October 2024.

Key facts

Type
Studio apartment
Size
501 sqft
Floor
10th of 11
Parking
B-50
Developer
Al Maskan Al Hadeeth Real Estate Developmant
Completed
2018
Service charge
AED 1,600 /yr
Last sold
AED 551K · October 2024
Building
Paradise View 1 Majan

About 1002, Paradise View 1 Majan

1002 is a studio of 501 sqft on the 10th floor of Paradise View 1 Majan, a 11-storey tower in Majan completed in 2018 by Al Maskan Al Hadeeth Real Estate Developmant . The developer sold it on 23 October 2024 for AED 551,100, or AED 1,100 per sqft, 19% below the AED 1,360 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 July 2023, is AED 29,925 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 1,600 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical studio in Paradise View 1 Majan
500K600K2024202520262027Typical sale price by year: 2024 AED 650,000; 2025 AED 572,040; 2026 AED 480,000Sold by developer, October 2024: AED 551,100 (AED 1,100 per sqft)

1002 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1002, each contractTypical studio in Paradise View 1 Majan
30K35K20192021202320252027Typical rent by year: 2019 AED 35,429; 2020 AED 32,000; 2021 AED 35,429; 2022 AED 27,000; 2023 AED 29,500; 2024 AED 32,364; 2025 AED 35,150; 2026 AED 36,610New contract, June 2019: AED 36,000 a yearNew contract, April 2021: AED 30,000 a yearRenewal, June 2022: AED 28,500 a yearRenewal, July 2023: AED 29,925 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Paradise View 1 Majan, and where 1002 sits

All 68 studios →

1002 last sold in October 2024 at AED 1,100 per sqft, 19% below what studios in Paradise View 1 Majan were fetching at the time (AED 1,360). Over the last 12 months studios sold for AED 363,503 to 577,632, around AED 1,004 per sqft, and rent for AED 20,000 to 50,000 a year. 1002's AED 29,925 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Oct 2026550,000
7 Oct 2026495,000
6 Oct 2026457,292
6 Oct 2026455,449
47 studio sales in the last 12 months

Paradise View 1 Majan

Building

203 apartments, studios to 3-bed over 11 floors in Majan, completed in 2018 by Al Maskan Al Hadeeth Real Estate Developmant . 162 sold in the last 12 months.

Typical price per sqft
AED 897 Down 21.9%
Typical sale
AED 720K
Typical rent
AED 49K /yr
Typical yield
7.4%
Paradise View 1 Majan, Majan: prices, sales and rents →

Other units on the 10th floor

All 203 units in Paradise View 1 Majan
Value
1001StudioAED 480K · Feb 2026
1003StudioAED 480K · Feb 2026
10041-bedAED 900K · Apr 2025
10052-bedAED 1.21M · Nov 2025
10062-bedAED 1.44M · Feb 2026
10073-bedAED 2M · Oct 2026
10082-bedAED 1.42M · Feb 2026
1–7 of 18

1002, Paradise View 1 Majan in numbers

  • Sold once: by Al Maskan Al Hadeeth Real Estate Developmant on 23 October 2024 for AED 551,100, or AED 1,100 per sqft.
  • Rented since June 2019 on 4 Ejari contracts, from AED 36,000 to AED 29,925 a year.
  • At AED 29,925 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 1,600 a year (AED 3.10 per sqft).
  • Studios in Paradise View 1 Majan sold for AED 363,503–577,632 in the 12 months to November 2026; the building's median across all types is AED 897 per sqft.

Source: Dubai Land Department. Updated 23 October 2024.

Questions about 1002, Paradise View 1 Majan

What did unit 1002 last sell for?

AED 551,100 on 23 October 2024, sold by the developer: AED 1,100 per sqft for 501 sqft. It is the only registered sale of the unit.

What is the rent for unit 1002?

AED 29,925 a year on the contract renewed on 1 July 2023. The previous contract, from June 2022, was AED 28,500; the unit has been rented since June 2019.

How big is unit 1002?

501 sqft (46.5 sqm): a studio on the 10th floor of a 11-storey tower completed in 2018.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Paradise View 1 Majan sold for AED 363,503 to 577,632 in the last 12 months, around AED 1,004 per sqft.

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Mortgage on 1002, Paradise View 1 Majan

Starts from the last sale price (AED 551K, 23 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 551,100
Deposit, UAE resident (20%)
AED 110,220
Deposit, non-resident (40%)
AED 220,440
Monthly over 25 years at 3.7%
AED 2,255

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