2-bed · 1,160 sqftParadise View 1 Majan, Majan · 4th floor · completed 2018

406, Paradise View 1 Majan

Sold prices and rental history: sold once, by the developer in February 2026, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 23 February 2026
Last soldAED 1.09M23 February 2026
Current rentAED 64K /yr15 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Paradise View 1 Majan

What is 406 worth today?

Last sold for AED 1,092,748 in 2026

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23 Feb 2026Sold by developerReady
AED 1,092,748AED 942 per sqft
15 Nov 2025RentedRenewal
AED 63,945/yr12 months · AED 55 per sqft
15 Nov 2024RentedRenewal
AED 63,945/yr12 months · AED 55 per sqft
15 Nov 2023RentedRenewal
AED 60,900/yr12 months · AED 52 per sqft
15 Aug 2023RentedNew contract
AED 60,900/yr3 months · AED 52 per sqft
15 Apr 2022RentedNew contract
AED 58,000/yr16 months · AED 50 per sqft
1 Jun 2021RentedNew contract
AED 55,000/yr12 months · AED 47 per sqft
15 Jun 2020RentedRenewal
AED 65,000/yr13 months · AED 56 per sqft

Source: Dubai Land Department. Updated 23 February 2026.

Key facts

Type
2-bed apartment
Size
1,160 sqft
Floor
4th of 11
Parking
B-05
Developer
Al Maskan Al Hadeeth Real Estate Developmant
Completed
2018
Service charge
AED 3,600 /yr
Last sold
AED 1.09M · February 2026

About 406, Paradise View 1 Majan

406 is a two-bedroom apartment of 1,160 sqft on the 4th 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 February 2026 for AED 1,092,748, or AED 942 per sqft, in line with the AED 966 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 15 November 2025, is AED 63,945 a year: a gross yield of 5.9% on the 2026 price, before the service charge of about AED 3,600 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Paradise View 1 Majan
1.1M1.2M202520262027Typical sale price by year: 2025 AED 1,242,250; 2026 AED 1,147,290Sold by developer, February 2026: AED 1,092,748 (AED 942 per sqft)

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

Rents
Unit 406, each contractTypical two-bed in Paradise View 1 Majan
60K20192021202320252027Typical rent by year: 2019 AED 68,000; 2020 AED 68,000; 2021 AED 50,000; 2022 AED 60,000; 2023 AED 60,900; 2024 AED 65,918; 2025 AED 69,835; 2026 AED 74,534New contract, March 2019: AED 66,000 a yearRenewal, April 2020: AED 66,180 a yearRenewal, June 2020: AED 65,000 a yearNew contract, June 2021: AED 55,000 a yearNew contract, April 2022: AED 58,000 a yearNew contract, August 2023: AED 60,900 a yearRenewal, November 2023: AED 60,900 a yearRenewal, November 2024: AED 63,945 a yearRenewal, November 2025: AED 63,945 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 Paradise View 1 Majan, and where 406 sits

All 29 2-beds →

406 last sold in February 2026 at AED 942 per sqft, in line with what two-beds in Paradise View 1 Majan were fetching at the time (AED 966). Over the last 12 months two-beds sold for AED 961,869 to 1,438,199, around AED 942 per sqft, and rent for AED 24,947 to 90,000 a year. 406's AED 63,945 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 May 20261,300,000
24 Feb 2026985,567
24 Feb 2026961,869
24 Feb 20261,092,748
24 2-bed 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 4th floor

All 203 units in Paradise View 1 Majan
Value
401StudioAED 480K · Feb 2026
402StudioAED 560K · Feb 2026
403StudioAED 480K · Feb 2026
4041-bedAED 720K · Feb 2026
4052-bedAED 1.28M · Feb 2026
4071-bedAED 720K · Feb 2026
4081-bedAED 720K · Feb 2026
1–7 of 19

406, Paradise View 1 Majan in numbers

  • Sold once: by Al Maskan Al Hadeeth Real Estate Developmant on 23 February 2026 for AED 1,092,748, or AED 942 per sqft.
  • Rented since March 2019 on 9 Ejari contracts. The rent fell from AED 66,000 to AED 55,000 in 2021 and recovered to AED 63,945 by November 2025.
  • At AED 63,945 a year the gross yield on the 2026 price is 5.9%, before a service charge of about AED 3,600 a year (AED 3.10 per sqft).
  • Two-beds in Paradise View 1 Majan sold for AED 961,869–1,438,199 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 February 2026.

Questions about 406, Paradise View 1 Majan

What did unit 406 last sell for?

AED 1,092,748 on 23 February 2026, sold by the developer: AED 942 per sqft for 1,160 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 63,945 a year on the contract renewed on 15 November 2025. The previous contract, from November 2024, was AED 63,945; the unit has been rented since March 2019.

How big is unit 406?

1,160 sqft (107.8 sqm): a two-bedroom apartment on the 4th floor of a 11-storey tower completed in 2018.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Paradise View 1 Majan sold for AED 961,869 to 1,438,199 in the last 12 months, around AED 942 per sqft.

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Mortgage on 406, Paradise View 1 Majan

Starts from the last sale price (AED 1.09M, 23 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,092,748
Deposit, UAE resident (20%)
AED 218,550
Deposit, non-resident (40%)
AED 437,099
Monthly over 25 years at 3.7%
AED 4,471

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