2-bed · 1,132 sqftParadise View 1 Majan, Majan · 5th floor · completed 2018

505, Paradise View 1 Majan

Sold prices and rental history: sold once, by the developer in February 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 17 February 2025
Last soldAED 1.3M17 February 2025
Current rentAED 80K /yr2 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Paradise View 1 Majan

What is 505 worth today?

Last sold for AED 1,300,000 in 2025

Unlock today's estimate, updated daily, with

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

17 Feb 2025Sold by developerReady
AED 1,300,000AED 1,148 per sqft
2 Apr 2024RentedNew contract
AED 80,000/yr12 months · AED 71 per sqft
7 Feb 2024RentedRenewal
AED 70,008/yr1 months · AED 62 per sqft
7 Aug 2023RentedNew contract
AED 70,000/yr6 months · AED 62 per sqft
29 May 2022RentedNew contract
AED 63,000/yr13 months · AED 56 per sqft
15 Sep 2021RentedNew contract
AED 60,000/yr13 months · AED 53 per sqft
1 Mar 2020RentedRenewal
AED 70,000/yr12 months · AED 62 per sqft
1 Feb 2019RentedNew contract
AED 72,000/yr13 months · AED 64 per sqft

Source: Dubai Land Department. Updated 17 February 2025.

Key facts

Type
2-bed apartment
Size
1,132 sqft
Floor
5th of 11
Parking
B-95
Developer
Al Maskan Al Hadeeth Real Estate Developmant
Completed
2018
Service charge
AED 3,500 /yr
Last sold
AED 1.3M · February 2025

About 505, Paradise View 1 Majan

505 is a two-bedroom apartment of 1,132 sqft on the 5th 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 17 February 2025 for AED 1,300,000, or AED 1,148 per sqft.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 2 April 2024, is AED 80,000 a year: a gross yield of 6.2% on the 2025 price, before the service charge of about AED 3,500 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical two-bed in Paradise View 1 Majan
1.2M1.3M202520262027Typical sale price by year: 2025 AED 1,242,250; 2026 AED 1,147,290Sold by developer, February 2025: AED 1,300,000 (AED 1,148 per sqft)

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

Rents
Unit 505, each contractTypical two-bed in Paradise View 1 Majan
60K80K20192021202320252027Typical 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, February 2019: AED 72,000 a yearRenewal, March 2020: AED 70,000 a yearNew contract, September 2021: AED 60,000 a yearNew contract, May 2022: AED 63,000 a yearNew contract, August 2023: AED 70,000 a yearRenewal, February 2024: AED 70,008 a yearNew contract, April 2024: AED 80,000 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 Paradise View 1 Majan, and where 505 sits

All 29 2-beds →

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. 505's AED 80,000 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 5th floor

All 203 units in Paradise View 1 Majan
Value
501StudioAED 568K · Jan 2026
502StudioAED 560K · Feb 2026
503StudioAED 578K · Dec 2025
5041-bedAED 855K · Nov 2025
5062-bedAED 1.09M · Feb 2026
5071-bedAED 850K · Aug 2026
5081-bedAED 1M · Dec 2024
1–7 of 19

505, Paradise View 1 Majan in numbers

  • Sold once: by Al Maskan Al Hadeeth Real Estate Developmant on 17 February 2025 for AED 1,300,000, or AED 1,148 per sqft.
  • Rented since February 2019 on 7 Ejari contracts. The rent fell from AED 72,000 to AED 60,000 in 2021 and recovered to AED 80,000 by April 2024.
  • At AED 80,000 a year the gross yield on the 2025 price is 6.2%, before a service charge of about AED 3,500 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 17 February 2025.

Questions about 505, Paradise View 1 Majan

What did unit 505 last sell for?

AED 1,300,000 on 17 February 2025, sold by the developer: AED 1,148 per sqft for 1,132 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 80,000 a year on the contract signed on 2 April 2024. The previous contract, from February 2024, was AED 70,008; the unit has been rented since February 2019.

How big is unit 505?

1,132 sqft (105.2 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2018.

What is unit 505 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.

Selling 505? 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 505, Paradise View 1 Majan

Starts from the last sale price (AED 1.3M, 17 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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