2-bed · 1,249 sqftParadise View 1 Majan, Majan · 5th floor · completed 2018

512, Paradise View 1 Majan

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

Unit 512 · DLD and Ejari recordsUpdated 26 January 2026
Last soldAED 1.25M26 January 2026
Current rentAED 70K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Paradise View 1 Majan

What is 512 worth today?

Last sold for AED 1,248,580 in 2026

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26 Jan 2026Sold by developerReady
AED 1,248,580AED 999 per sqft
1 Aug 2025RentedRenewal
AED 70,000/yr12 months · AED 56 per sqft
1 Aug 2025RentedRenewal
AED 70,000/yr12 months · AED 56 per sqft
1 Aug 2024RentedRenewal
AED 66,000/yr12 months · AED 53 per sqft
1 Aug 2023RentedRenewal
AED 60,000/yr12 months · AED 48 per sqft
1 Jul 2022RentedNew contract
AED 60,000/yr13 months · AED 48 per sqft
1 Jul 2020RentedNew contract
AED 65,000/yr12 months · AED 52 per sqft
15 Feb 2019RentedNew contract
AED 75,000/yr13 months · AED 60 per sqft

Source: Dubai Land Department. Updated 26 January 2026.

Key facts

Type
2-bed apartment
Size
1,249 sqft
Floor
5th of 11
Parking
B-105
Developer
Al Maskan Al Hadeeth Real Estate Developmant
Completed
2018
Service charge
AED 3,900 /yr
Last sold
AED 1.25M · January 2026

About 512, Paradise View 1 Majan

512 is a two-bedroom apartment of 1,249 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 26 January 2026 for AED 1,248,580, or AED 999 per sqft, 5% below the AED 1,050 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 70,000 a year: a gross yield of 5.6% on the 2026 price, before the service charge of about AED 3,900 a year.

Sales and rents for 512 over time

Sales
Unit 512, each saleTypical two-bed in Paradise View 1 Majan
1.15M1.2M1.25M202520262027Typical sale price by year: 2025 AED 1,242,250; 2026 AED 1,147,290Sold by developer, January 2026: AED 1,248,580 (AED 999 per sqft)

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

Rents
Unit 512, 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 75,000 a yearNew contract, July 2020: AED 65,000 a yearNew contract, July 2022: AED 60,000 a yearRenewal, August 2023: AED 60,000 a yearRenewal, August 2024: AED 66,000 a yearRenewal, August 2025: AED 70,000 a yearRenewal, August 2025: AED 70,000 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 512 sits

All 29 2-beds →

512 last sold in January 2026 at AED 999 per sqft, 5% below what two-beds in Paradise View 1 Majan were fetching at the time (AED 1,050). 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. 512's AED 70,000 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
5062-bedAED 1.09M · Feb 2026
5071-bedAED 850K · Aug 2026
1–7 of 19

512, Paradise View 1 Majan in numbers

  • Sold once: by Al Maskan Al Hadeeth Real Estate Developmant on 26 January 2026 for AED 1,248,580, or AED 999 per sqft.
  • Rented since February 2019 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 60,000 in 2023 and recovered to AED 70,000 by August 2025.
  • At AED 70,000 a year the gross yield on the 2026 price is 5.6%, before a service charge of about AED 3,900 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 26 January 2026.

Questions about 512, Paradise View 1 Majan

What did unit 512 last sell for?

AED 1,248,580 on 26 January 2026, sold by the developer: AED 999 per sqft for 1,249 sqft. It is the only registered sale of the unit.

What is the rent for unit 512?

AED 70,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2025, was AED 70,000; the unit has been rented since February 2019.

How big is unit 512?

1,249 sqft (116.0 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2018.

What is unit 512 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 512, Paradise View 1 Majan

Starts from the last sale price (AED 1.25M, 26 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,248,580
Deposit, UAE resident (20%)
AED 249,716
Deposit, non-resident (40%)
AED 499,432
Monthly over 25 years at 3.7%
AED 5,108

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