Studio · 500 sqftParadise View 1 Majan, Majan · 6th floor · completed 2018

602, Paradise View 1 Majan

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

Unit 602 · DLD and Ejari recordsUpdated 5 November 2025
Last soldAED 750K1 August 2025
Current rentAED 50K /yr5 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Paradise View 1 Majan

What is 602 worth today?

Last sold for AED 750,000 in 2025

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5 Nov 2025RentedNew contract
AED 50,000/yr12 months · AED 100 per sqft
5 Nov 2025RentedNew contract
AED 54,545/yr11 months · AED 109 per sqft
1 Aug 2025Sold by developerReady
AED 750,000AED 1,500 per sqft
22 Mar 2025RentedRenewal
AED 33,495/yr12 months · AED 67 per sqft
22 Mar 2024RentedRenewal
AED 30,450/yr12 months · AED 61 per sqft
22 Mar 2023RentedNew contract
AED 29,000/yr12 months · AED 58 per sqft
15 Feb 2022RentedNew contract
AED 29,000/yr13 months · AED 58 per sqft
12 Apr 2019RentedNew contract
AED 36,000/yr13 months · AED 72 per sqft

Source: Dubai Land Department. Updated 5 November 2025.

Key facts

Type
Studio apartment
Size
500 sqft
Floor
6th of 11
Parking
B-71
Developer
Al Maskan Al Hadeeth Real Estate Developmant
Completed
2018
Service charge
AED 1,500 /yr
Last sold
AED 750K · August 2025

About 602, Paradise View 1 Majan

602 is a studio of 500 sqft on the 6th 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 1 August 2025 for AED 750,000, or AED 1,500 per sqft, 21% above the AED 1,236 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 5 November 2025, is AED 50,000 a year: a gross yield of 6.7% on the 2025 price, before the service charge of about AED 1,500 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical studio in Paradise View 1 Majan
600K2024202520262027Typical sale price by year: 2024 AED 650,000; 2025 AED 572,040; 2026 AED 480,000Sold by developer, August 2025: AED 750,000 (AED 1,500 per sqft)

602 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 602, each contractTypical studio in Paradise View 1 Majan
40K20192021202320252027Typical rent by year: 2019 AED 35,429; 2020 AED 32,000; 2021 AED 35,429; 2022 AED 27,000; 2023 AED 29,500; 2024 AED 32,364; 2025 AED 35,150; 2026 AED 36,610New contract, April 2019: AED 36,000 a yearNew contract, February 2022: AED 29,000 a yearNew contract, March 2023: AED 29,000 a yearRenewal, March 2024: AED 30,450 a yearRenewal, March 2025: AED 33,495 a yearNew contract, November 2025: AED 50,000 a yearNew contract, November 2025: AED 54,545 a year

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 602 sits

All 68 studios →

602 last sold in August 2025 at AED 1,500 per sqft, 21% above what studios in Paradise View 1 Majan were fetching at the time (AED 1,236). 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. 602's AED 50,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Oct 2026550,000
7 Oct 2026495,000
6 Oct 2026457,292
6 Oct 2026455,449
47 studio 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 6th floor

All 203 units in Paradise View 1 Majan
Value
601StudioAED 480K · Feb 2026
603StudioAED 480K · Feb 2026
6041-bedAED 720K · Feb 2026
6052-bedAED 1.3M · Mar 2025
6062-bedAED 986K · Feb 2026
6071-bedAED 720K · Feb 2026
6081-bedAED 720K · Feb 2026
1–7 of 18

602, Paradise View 1 Majan in numbers

  • Sold once: by Al Maskan Al Hadeeth Real Estate Developmant on 1 August 2025 for AED 750,000, or AED 1,500 per sqft.
  • Rented since April 2019 on 7 Ejari contracts. The rent fell from AED 36,000 to AED 29,000 in 2023 and recovered to AED 50,000 by November 2025.
  • At AED 50,000 a year the gross yield on the 2025 price is 6.7%, 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 5 November 2025.

Questions about 602, Paradise View 1 Majan

What did unit 602 last sell for?

AED 750,000 on 1 August 2025, sold by the developer: AED 1,500 per sqft for 500 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 50,000 a year on the contract signed on 5 November 2025. The previous contract, from November 2025, was AED 54,545; the unit has been rented since April 2019.

How big is unit 602?

500 sqft (46.5 sqm): a studio on the 6th floor of a 11-storey tower completed in 2018.

What is unit 602 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 602, Paradise View 1 Majan

Starts from the last sale price (AED 750K, 1 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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