2-bed · 1,280 sqftResidential Building - Croesus Holding Limited, Majan · 2nd floor

205, Residential Building - Croesus Holding Limited

Sold prices and rental history: sold 3 times, last in December 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 12 December 2023
Last soldAED 1M12 December 2023
Current rentAED 52K /yr1 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Residential Building - Croesus Holding Limited

What is 205 worth today?

Last sold for AED 1,000,000 in 2023

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12 Dec 2023SoldReady
AED 1,000,000AED 781 per sqft
1 May 2022RentedRenewal
AED 52,000/yr12 months · AED 41 per sqft
1 May 2021RentedNew contract
AED 52,000/yr12 months · AED 41 per sqft
5 Apr 2021SoldReady · flagged as an outlier
AED 422,532AED 330 per sqft
20 Oct 2020Sold by developerReady · flagged as an outlier
AED 342,350AED 267 per sqft

Source: Dubai Land Department. Updated 12 December 2023.

Key facts

Type
2-bed apartment
Size
1,280 sqft
Floor
2nd of 6
Parking
B1-21
Service charge
AED 20,900 /yr
Last sold
AED 1M · December 2023

About 205, Residential Building - Croesus Holding Limited

205 is a two-bedroom apartment of 1,280 sqft on the 2nd floor of Residential Building - Croesus Holding Limited, a 6-storey tower in Majan. It last sold on 12 December 2023 for AED 1,000,000, or AED 781 per sqft, 5% below the AED 825 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 May 2022, is AED 52,000 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 20,900 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical two-bed in Residential Building - Croesus Holding Limited
500K1M2020202220242026Typical sale price by year: 2020 AED 449,563; 2021 AED 725,000; 2022 AED 795,000; 2023 AED 1,000,000; 2024 AED 1,050,000; 2025 AED 1,072,500Sold, December 2023: AED 1,000,000 (AED 781 per sqft)

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

Rents
Unit 205, each contractTypical two-bed in Residential Building - Croesus Holding Limited
50K75K100K2021202320252027Typical rent by year: 2021 AED 55,000; 2022 AED 58,375; 2023 AED 64,500; 2024 AED 82,500; 2025 AED 100,000; 2026 AED 87,500New contract, May 2021: AED 52,000 a yearRenewal, May 2022: AED 52,000 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 Residential Building - Croesus Holding Limited, and where 205 sits

All 36 2-beds →

205 last sold in December 2023 at AED 781 per sqft, 5% below what two-beds in Residential Building - Croesus Holding Limited were fetching at the time (AED 825). Over the last 12 months two-beds sold for AED 1,225,000, around AED 1,040 per sqft, and rent for AED 55,000 to 103,846 a year. 205's AED 52,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
31 Mar 20261,225,000
3 Apr 20251,075,000
31 Jan 20251,070,000
29 Jan 20251,050,000
1 2-bed sale in the last 12 months

Residential Building - Croesus Holding Limited

Building

48 apartments, 1-bed to 2-bed over 6 floors in Majan. 1 sold in the last 12 months.

Typical price per sqft
AED 1,040
Typical sale
AED 1.23M
Typical rent
AED 87K /yr
Typical yield
6.6%
Residential Building - Croesus Holding Limited, Majan: prices, sales and rents →
Value
2012-bedAED 770K · May 2021
2022-bedAED 388K · Apr 2021
2031-bedAED 481K · Apr 2021
2042-bedAED 750K · Apr 2022
2062-bedAED 880K · Jan 2024
2071-bedAED 482K · Apr 2021
2082-bedAED 1.08M · Apr 2025

205, Residential Building - Croesus Holding Limited in numbers

  • Sold 3 times: first on 20 October 2020 for AED 342,350, last on 12 December 2023 for AED 1,000,000 (AED 781 per sqft).
  • Rented since May 2021 on 2 Ejari contracts, at AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2023 price is 5.2%, before a service charge of about AED 20,900 a year (AED 16.37 per sqft).
  • Two-beds in Residential Building - Croesus Holding Limited sold for AED 1,225,000–1,225,000 in the 12 months to November 2026; the building's median across all types is AED 1,040 per sqft.

Source: Dubai Land Department. Updated 12 December 2023.

Questions about 205, Residential Building - Croesus Holding Limited

What did unit 205 last sell for?

AED 1,000,000 on 12 December 2023: AED 781 per sqft for 1,280 sqft. The unit has 3 registered sales; the first was AED 342,350 in October 2020.

What is the rent for unit 205?

AED 52,000 a year on the contract renewed on 1 May 2022. The previous contract, from May 2021, was AED 52,000.

How big is unit 205?

1,280 sqft (118.9 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower.

What is unit 205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Residential Building - Croesus Holding Limited sold for AED 1,225,000 to 1,225,000 in the last 12 months, around AED 1,040 per sqft.

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Mortgage on 205, Residential Building - Croesus Holding Limited

Starts from the last sale price (AED 1M, 12 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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