515, Paradise View 1 Majan
Sold prices and rental history: sold once, by the developer in October 2026, 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 515, Paradise View 1 Majan
What is 515 worth today?
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Source: Dubai Land Department. Updated 6 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 479 sqft
- Floor
- 5th of 11
- Parking
- B-89
- Developer
- Al Maskan Al Hadeeth Real Estate Developmant
- Completed
- 2018
- Service charge
- AED 1,500 /yr
- Last sold
- AED 455K · October 2026
- Building
- Paradise View 1 Majan
About 515, Paradise View 1 Majan
515 is a studio of 479 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 6 October 2026 for AED 455,449, or AED 949 per sqft, 5% below the AED 1,004 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 15 August 2025, is AED 30,000 a year: a gross yield of 6.6% on the 2026 price, before the service charge of about AED 1,500 a year.
Sales and rents for 515 over time
515 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Paradise View 1 Majan, and where 515 sits
All 68 studios →515 last sold in October 2026 at AED 949 per sqft, 5% below what studios in Paradise View 1 Majan were fetching at the time (AED 1,004). Over the last 12 months studios sold for AED 363,503 to 577,632, around AED 1,004 per sqft, and rent for AED 20,000 to 50,000 a year. 515's AED 30,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 478 sqft | 550,000 | 1,150 | ||
| 7 Oct 20267 October 2026 | 529 sqft | 495,000 | 934 | ||
| 6 Oct 20266 October 2026 | 481 sqft | 457,292 | 950 | ||
| 6 Oct 20266 October 2026 | 479 sqft | 455,449 | 949 |
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 | |
| 508 | 1-bed | 831 sqft | AED 1MAED 1,000,000 · Dec 2024December 2024 | 50,400 /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 | |
| 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 |
515, Paradise View 1 Majan in numbers
- Sold once: by Al Maskan Al Hadeeth Real Estate Developmant on 6 October 2026 for AED 455,449, or AED 949 per sqft.
- Rented since March 2019 on 6 Ejari contracts. The rent fell from AED 37,000 to AED 26,076 in 2022 and recovered to AED 30,000 by August 2025.
- At AED 30,000 a year the gross yield on the 2026 price is 6.6%, before a service charge of about AED 1,500 a year (AED 3.10 per sqft).
- Studios in Paradise View 1 Majan sold for AED 363,503–577,632 in the 12 months to November 2026; the building's median across all types is AED 897 per sqft.
Source: Dubai Land Department. Updated 6 October 2026.
Questions about 515, Paradise View 1 Majan
What did unit 515 last sell for?
AED 455,449 on 6 October 2026, sold by the developer: AED 949 per sqft for 479 sqft. It is the only registered sale of the unit.
What is the rent for unit 515?
AED 30,000 a year on the contract renewed on 15 August 2025. The previous contract, from August 2024, was AED 30,000; the unit has been rented since March 2019.
How big is unit 515?
479 sqft (44.5 sqm): a studio on the 5th floor of a 11-storey tower completed in 2018.
What is unit 515 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Paradise View 1 Majan sold for AED 363,503 to 577,632 in the last 12 months, around AED 1,004 per sqft.
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Mortgage on 515, Paradise View 1 Majan
Starts from the last sale price (AED 455K, 6 October 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 455,449
- Deposit, UAE resident (20%)
- AED 91,090
- Deposit, non-resident (40%)
- AED 182,180
- Monthly over 25 years at 3.7%
- AED 1,863
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →