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Studio · 500 sqftParadise View 1 Majan, Majan · 7th floor · completed 2018

702, Paradise View 1 Majan

Sold prices and rental history: sold once, by the developer in March 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 16 January 2026
Last soldAED 628K25 March 2025
Current rentAED 32K /yr16 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 702, Paradise View 1 Majan

What is 702 worth today?

Last sold for AED 627,602 in 2025

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16 Jan 2026RentedNew contract
AED 31,876/yr12 months · AED 64 per sqft
25 Mar 2025Sold by developerReady
AED 627,602AED 1,255 per sqft
16 Jan 2025RentedRenewal
AED 30,360/yr12 months · AED 61 per sqft
16 Jan 2024RentedRenewal
AED 26,400/yr12 months · AED 53 per sqft
16 Jan 2023RentedRenewal
AED 24,000/yr12 months · AED 48 per sqft
16 Jan 2022RentedRenewal
AED 24,000/yr12 months · AED 48 per sqft
16 Jan 2021RentedRenewal
AED 24,000/yr12 months · AED 48 per sqft
16 Jan 2020RentedNew contract
AED 32,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 16 January 2026.

Key facts

Type
Studio apartment
Size
500 sqft
Floor
7th of 11
Parking
B-63
Developer
Al Maskan Al Hadeeth Real Estate Developmant
Completed
2018
Service charge
AED 1,500 /yr
Last sold
AED 628K · March 2025
Building
Paradise View 1 Majan

About 702, Paradise View 1 Majan

702 is a studio of 500 sqft on the 7th 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 25 March 2025 for AED 627,602, or AED 1,255 per sqft, in line with the AED 1,253 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 16 January 2026, is AED 31,876 a year: a gross yield of 5.1% on the 2025 price, before the service charge of about AED 1,500 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical studio in Paradise View 1 Majan
500K600K2024202520262027Typical sale price by year: 2024 AED 650,000; 2025 AED 572,040; 2026 AED 480,000Sold by developer, March 2025: AED 627,602 (AED 1,255 per sqft)

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

Rents
Unit 702, each contractTypical studio in Paradise View 1 Majan
30K2018202120242027Typical 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, December 2018: AED 37,000 a yearNew contract, January 2020: AED 32,000 a yearRenewal, January 2021: AED 24,000 a yearRenewal, January 2022: AED 24,000 a yearRenewal, January 2023: AED 24,000 a yearRenewal, January 2024: AED 26,400 a yearRenewal, January 2025: AED 30,360 a yearNew contract, January 2026: AED 31,876 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 702 sits

All 68 studios →

702 last sold in March 2025 at AED 1,255 per sqft, in line with what studios in Paradise View 1 Majan were fetching at the time (AED 1,253). 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. 702's AED 31,876 is in the lower half 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 7th floor

All 203 units in Paradise View 1 Majan
Value
701StudioAED 480K · Feb 2026
703StudioAED 480K · Feb 2026
7041-bedAED 720K · Feb 2026
7052-bedAED 1.19M · Feb 2025
7062-bedAED 1.2M · Feb 2026
7071-bedAED 928K · Dec 2025
7081-bedAED 984K · Feb 2025
1–7 of 18

702, Paradise View 1 Majan in numbers

  • Sold once: by Al Maskan Al Hadeeth Real Estate Developmant on 25 March 2025 for AED 627,602, or AED 1,255 per sqft.
  • Rented since December 2018 on 8 Ejari contracts. The rent fell from AED 37,000 to AED 24,000 in 2023 and recovered to AED 31,876 by January 2026.
  • At AED 31,876 a year the gross yield on the 2025 price is 5.1%, 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 16 January 2026.

Questions about 702, Paradise View 1 Majan

What did unit 702 last sell for?

AED 627,602 on 25 March 2025, sold by the developer: AED 1,255 per sqft for 500 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 31,876 a year on the contract signed on 16 January 2026. The previous contract, from January 2025, was AED 30,360; the unit has been rented since December 2018.

How big is unit 702?

500 sqft (46.5 sqm): a studio on the 7th floor of a 11-storey tower completed in 2018.

What is unit 702 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 702, Paradise View 1 Majan

Starts from the last sale price (AED 628K, 25 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 627,602
Deposit, UAE resident (20%)
AED 125,520
Deposit, non-resident (40%)
AED 251,041
Monthly over 25 years at 3.7%
AED 2,568

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