2-bed · 1,159 sqftParadise View 1 Majan, Majan · 5th floor · completed 2018

506, 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 506 · DLD and Ejari recordsUpdated 23 February 2026
Last soldAED 1.09M23 February 2026
Current rentAED 69K /yr27 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Paradise View 1 Majan

What is 506 worth today?

Last sold for AED 1,091,080 in 2026

Unlock today's estimate, updated daily, with

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

23 Feb 2026Sold by developerReady
AED 1,091,080AED 940 per sqft
27 Oct 2025RentedRenewal
AED 69,000/yr12 months · AED 60 per sqft
27 Oct 2024RentedRenewal
AED 65,835/yr12 months · AED 57 per sqft
27 Oct 2023RentedRenewal
AED 59,850/yr12 months · AED 52 per sqft
27 Oct 2022RentedNew contract
AED 57,000/yr12 months · AED 49 per sqft
16 May 2021RentedNew contract
AED 50,000/yr12 months · AED 43 per sqft
12 Feb 2019RentedNew contract
AED 68,000/yr13 months · AED 59 per sqft

Source: Dubai Land Department. Updated 23 February 2026.

Key facts

Type
2-bed apartment
Size
1,159 sqft
Floor
5th of 11
Parking
B-92
Developer
Al Maskan Al Hadeeth Real Estate Developmant
Completed
2018
Service charge
AED 3,600 /yr
Last sold
AED 1.09M · February 2026

About 506, Paradise View 1 Majan

506 is a two-bedroom apartment of 1,159 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 23 February 2026 for AED 1,091,080, or AED 940 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 6 Ejari contracts. The current contract, renewed on 27 October 2025, is AED 69,000 a year: a gross yield of 6.3% on the 2026 price, before the service charge of about AED 3,600 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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 1,091,080 (AED 940 per sqft)

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

Rents
Unit 506, 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, February 2019: AED 68,000 a yearNew contract, May 2021: AED 50,000 a yearNew contract, October 2022: AED 57,000 a yearRenewal, October 2023: AED 59,850 a yearRenewal, October 2024: AED 65,835 a yearRenewal, October 2025: AED 69,000 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 506 sits

All 29 2-beds →

506 last sold in February 2026 at AED 940 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. 506's AED 69,000 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
5052-bedAED 1.3M · Feb 2025
5071-bedAED 850K · Aug 2026
5081-bedAED 1M · Dec 2024
1–7 of 19

506, Paradise View 1 Majan in numbers

  • Sold once: by Al Maskan Al Hadeeth Real Estate Developmant on 23 February 2026 for AED 1,091,080, or AED 940 per sqft.
  • Rented since February 2019 on 6 Ejari contracts. The rent fell from AED 68,000 to AED 50,000 in 2021 and recovered to AED 69,000 by October 2025.
  • At AED 69,000 a year the gross yield on the 2026 price is 6.3%, 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 506, Paradise View 1 Majan

What did unit 506 last sell for?

AED 1,091,080 on 23 February 2026, sold by the developer: AED 940 per sqft for 1,159 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 69,000 a year on the contract renewed on 27 October 2025. The previous contract, from October 2024, was AED 65,835; the unit has been rented since February 2019.

How big is unit 506?

1,159 sqft (107.7 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2018.

What is unit 506 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 506? 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 506, 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 1,091,080
Deposit, UAE resident (20%)
AED 218,216
Deposit, non-resident (40%)
AED 436,432
Monthly over 25 years at 3.7%
AED 4,464

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