Studio · 478 sqftParadise View 1 Majan, Majan · 11th floor · completed 2018

1113, Paradise View 1 Majan

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

Unit 1113 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 750K5 November 2024
Current rentAED 32K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1113, Paradise View 1 Majan

What is 1113 worth today?

Last sold for AED 750,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Nov 2024Sold by developerReady
AED 750,000AED 1,569 per sqft
15 Aug 2024RentedRenewal
AED 31,850/yr12 months · AED 67 per sqft
15 Aug 2023RentedNew contract
AED 28,954/yr12 months · AED 61 per sqft
1 May 2022RentedNew contract
AED 26,405/yr15 months · AED 55 per sqft
1 Mar 2021RentedRenewal
AED 35,429/yr12 months · AED 74 per sqft
1 Dec 2019RentedNew contract
AED 35,429/yr15 months · AED 74 per sqft

Source: Dubai Land Department. Updated 5 November 2024.

Key facts

Type
Studio apartment
Size
478 sqft
Floor
11th of 11
Parking
G-42
Developer
Al Maskan Al Hadeeth Real Estate Developmant
Completed
2018
Service charge
AED 1,500 /yr
Last sold
AED 750K · November 2024

About 1113, Paradise View 1 Majan

1113 is a studio of 478 sqft on the 11th 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 5 November 2024 for AED 750,000, or AED 1,569 per sqft, 15% above the AED 1,360 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 31,850 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 1,500 a year.

Sales and rents for 1113 over time

Sales
Unit 1113, each saleTypical studio in Paradise View 1 Majan
600K2024202520262027Typical sale price by year: 2024 AED 650,000; 2025 AED 572,040; 2026 AED 480,000Sold by developer, November 2024: AED 750,000 (AED 1,569 per sqft)

1113 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1113, each contractTypical studio in Paradise View 1 Majan
25K30K35K20192021202320252027Typical 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, December 2019: AED 35,429 a yearRenewal, March 2021: AED 35,429 a yearNew contract, May 2022: AED 26,405 a yearNew contract, August 2023: AED 28,954 a yearRenewal, August 2024: AED 31,850 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 1113 sits

All 68 studios →

1113 last sold in November 2024 at AED 1,569 per sqft, 15% above 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. 1113's AED 31,850 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 11th floor

All 203 units in Paradise View 1 Majan
Value
1101StudioAED 480K · Feb 2026
1102StudioAED 400K · Jul 2026
1103StudioAED 750K · Nov 2024
11041-bedAED 987K · Feb 2025
11052-bedAED 1.3M · Mar 2025
11061-bedAED 849K · Oct 2026
11073-bedAED 1.74M · Feb 2026
1–7 of 12

1113, Paradise View 1 Majan in numbers

  • Sold once: by Al Maskan Al Hadeeth Real Estate Developmant on 5 November 2024 for AED 750,000, or AED 1,569 per sqft.
  • Rented since December 2019 on 5 Ejari contracts. The rent fell from AED 35,429 to AED 26,405 in 2022 and recovered to AED 31,850 by August 2024.
  • At AED 31,850 a year the gross yield on the 2024 price is 4.3%, before a service charge of about AED 1,500 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 5 November 2024.

Questions about 1113, Paradise View 1 Majan

What did unit 1113 last sell for?

AED 750,000 on 5 November 2024, sold by the developer: AED 1,569 per sqft for 478 sqft. It is the only registered sale of the unit.

What is the rent for unit 1113?

AED 31,850 a year on the contract renewed on 15 August 2024. The previous contract, from August 2023, was AED 28,954; the unit has been rented since December 2019.

How big is unit 1113?

478 sqft (44.4 sqm): a studio on the 11th floor of a 11-storey tower completed in 2018.

What is unit 1113 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.

Selling 1113? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1113, Paradise View 1 Majan

Starts from the last sale price (AED 750K, 5 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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