Studio · 480 sqftParadise View 1 Majan, Majan · 7th floor · completed 2018

703, Paradise View 1 Majan

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

Unit 703 · DLD and Ejari recordsUpdated 24 February 2026
Last soldAED 480K24 February 2026
Current rentAED 33K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Paradise View 1 Majan

What is 703 worth today?

Last sold for AED 480,000 in 2026

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24 Feb 2026Sold by developerReady
AED 480,000AED 999 per sqft
15 Aug 2024RentedRenewal
AED 33,000/yr12 months · AED 69 per sqft
15 Aug 2023RentedNew contract
AED 30,000/yr12 months · AED 62 per sqft
1 Apr 2022RentedNew contract
AED 32,000/yr16 months · AED 67 per sqft
12 Feb 2019RentedNew contract
AED 36,000/yr13 months · AED 75 per sqft

Source: Dubai Land Department. Updated 24 February 2026.

Key facts

Type
Studio apartment
Size
480 sqft
Floor
7th of 11
Parking
G-40
Developer
Al Maskan Al Hadeeth Real Estate Developmant
Completed
2018
Service charge
AED 1,500 /yr
Last sold
AED 480K · February 2026

About 703, Paradise View 1 Majan

703 is a studio of 480 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 24 February 2026 for AED 480,000, or AED 999 per sqft, in line with the AED 1,025 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 33,000 a year: a gross yield of 6.9% on the 2026 price, before the service charge of about AED 1,500 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, February 2026: AED 480,000 (AED 999 per sqft)

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

Rents
Unit 703, each contractTypical studio in Paradise View 1 Majan
30K35K20192021202320252027Typical 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, February 2019: AED 36,000 a yearNew contract, April 2022: AED 32,000 a yearNew contract, August 2023: AED 30,000 a yearRenewal, August 2024: AED 33,000 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 703 sits

All 68 studios →

703 last sold in February 2026 at AED 999 per sqft, in line with what studios in Paradise View 1 Majan were fetching at the time (AED 1,025). 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. 703's AED 33,000 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
702StudioAED 628K · Mar 2025
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

703, Paradise View 1 Majan in numbers

  • Sold once: by Al Maskan Al Hadeeth Real Estate Developmant on 24 February 2026 for AED 480,000, or AED 999 per sqft.
  • Rented since February 2019 on 4 Ejari contracts, from AED 36,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2026 price is 6.9%, 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 24 February 2026.

Questions about 703, Paradise View 1 Majan

What did unit 703 last sell for?

AED 480,000 on 24 February 2026, sold by the developer: AED 999 per sqft for 480 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 33,000 a year on the contract renewed on 15 August 2024. The previous contract, from August 2023, was AED 30,000; the unit has been rented since February 2019.

How big is unit 703?

480 sqft (44.6 sqm): a studio on the 7th floor of a 11-storey tower completed in 2018.

What is unit 703 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 703, Paradise View 1 Majan

Starts from the last sale price (AED 480K, 24 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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