508, Paradise View 1 Majan
Sold prices and rental history: sold once, by the developer in December 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Paradise View 1 Majan
What is 508 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 831 sqft
- Floor
- 5th of 11
- Parking
- B-58
- Developer
- Al Maskan Al Hadeeth Real Estate Developmant
- Completed
- 2018
- Service charge
- AED 2,600 /yr
- Last sold
- AED 1M · December 2024
- Building
- Paradise View 1 Majan
About 508, Paradise View 1 Majan
508 is a one-bedroom apartment of 831 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 11 December 2024 for AED 1,000,000, or AED 1,202 per sqft, 6% below the AED 1,275 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 50,400 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 2,600 a year.
Sales and rents for 508 over time
508 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Paradise View 1 Majan, and where 508 sits
All 99 1-beds →508 last sold in December 2024 at AED 1,202 per sqft, 6% below what one-beds in Paradise View 1 Majan were fetching at the time (AED 1,275). Over the last 12 months one-beds sold for AED 685,007 to 930,000, around AED 884 per sqft, and rent for AED 30,000 to 75,600 a year. 508's AED 50,400 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20266 October 2026 | 818 sqft | 776,644 | 950 | ||
| 6 Oct 20266 October 2026 | 894 sqft | 849,452 | 950 | ||
| 15 Aug 202615 August 2026 | 830 sqft | 850,000 | 1,023 | ||
| 22 Jul 202622 July 2026 | 830 sqft | 800,000 | 963 |
Paradise View 1 Majan
Building203 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%
Other units on the 5th floor
All 203 units in Paradise View 1 Majan| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 473 sqft | AED 568KAED 567,816 · Jan 2026January 2026 | 46,500 /yr | |
| 502 | Studio | 501 sqft | AED 560KAED 560,000 · Feb 2026February 2026 | 50,000 /yr | |
| 503 | Studio | 481 sqft | AED 578KAED 577,632 · Dec 2025December 2025 | 28,600 /yr | |
| 504 | 1-bed | 815 sqft | AED 855KAED 855,000 · Nov 2025November 2025 | 52,000 /yr | |
| 505 | 2-bed | 1,132 sqft | AED 1.3MAED 1,300,000 · Feb 2025February 2025 | 80,000 /yr | |
| 506 | 2-bed | 1,159 sqft | AED 1.09MAED 1,091,080 · Feb 2026February 2026 | 69,000 /yr | |
| 507 | 1-bed | 830 sqft | AED 850KAED 850,000 · Aug 2026August 2026 | 50,367 /yr | |
| 509 | 1-bed | 896 sqft | AED 762KAED 761,685 · Feb 2026February 2026 | 47,300 /yr | |
| 510 | 1-bed | 778 sqft | AED 1.09MAED 1,087,800 · Apr 2025April 2025 | 50,400 /yr | |
| 511 | Studio | 529 sqft | AED 495KAED 495,000 · Oct 2026October 2026 | 32,340 /yr | |
| 512 | 2-bed | 1,249 sqft | AED 1.25MAED 1,248,580 · Jan 2026January 2026 | 70,000 /yr | |
| 513 | 1-bed | 900 sqft | AED 765KAED 764,796 · Feb 2026February 2026 | 47,250 /yr | |
| 514 | Studio | 429 sqft | AED 441KAED 441,000 · Mar 2025March 2025 | 40,000 /yr | |
| 515 | Studio | 479 sqft | AED 455KAED 455,449 · Oct 2026October 2026 | 30,000 /yr | |
| 516 | 1-bed | 809 sqft | AED 720KAED 720,000 · Feb 2026February 2026 | 65,886 /yr | |
| 517 | 1-bed | 834 sqft | AED 720KAED 720,000 · Feb 2026February 2026 | 55,200 /yr | |
| 518 | 1-bed | 806 sqft | AED 720KAED 720,000 · Feb 2026February 2026 | 53,852 /yr | |
| 519 | 1-bed | 818 sqft | AED 720KAED 720,000 · Feb 2026February 2026 | 50,578 /yr | |
| 520 | Studio | 478 sqft | AED 480KAED 480,000 · Feb 2026February 2026 | 38,431 /yr |
508, Paradise View 1 Majan in numbers
- Sold once: by Al Maskan Al Hadeeth Real Estate Developmant on 11 December 2024 for AED 1,000,000, or AED 1,202 per sqft.
- Rented since August 2019 on 8 Ejari contracts. The rent fell from AED 47,000 to AED 40,000 in 2022 and recovered to AED 50,400 by September 2026.
- At AED 50,400 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 2,600 a year (AED 3.10 per sqft).
- One-beds in Paradise View 1 Majan sold for AED 685,007–930,000 in the 12 months to November 2026; the building's median across all types is AED 897 per sqft.
Source: Dubai Land Department. Updated 1 September 2026.
Questions about 508, Paradise View 1 Majan
What did unit 508 last sell for?
AED 1,000,000 on 11 December 2024, sold by the developer: AED 1,202 per sqft for 831 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 50,400 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 50,400; the unit has been rented since August 2019.
How big is unit 508?
831 sqft (77.2 sqm): a one-bedroom apartment on the 5th floor of a 11-storey tower completed in 2018.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Paradise View 1 Majan sold for AED 685,007 to 930,000 in the last 12 months, around AED 884 per sqft.
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Mortgage on 508, Paradise View 1 Majan
Starts from the last sale price (AED 1M, 11 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →