2-bed · 1,173 sqftResidential Building - Croesus Holding Limited, Majan · 3rd floor

302, Residential Building - Croesus Holding Limited

Sold prices and rental history: sold twice, last in October 2024, and rented once, from October 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 1.02M15 October 2024
Current rentAED 55K /yr9 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Residential Building - Croesus Holding Limited

What is 302 worth today?

Last sold for AED 1,020,000 in 2024

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15 Oct 2024SoldReady
AED 1,020,000AED 869 per sqft
9 Oct 2021RentedNew contract
AED 55,000/yr13 months · AED 47 per sqft
3 Nov 2020Sold by developerReady
AED 445,596AED 380 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
2-bed apartment
Size
1,173 sqft
Floor
3rd of 6
Parking
B1-26
Service charge
AED 19,200 /yr
Last sold
AED 1.02M · October 2024

About 302, Residential Building - Croesus Holding Limited

302 is a two-bedroom apartment of 1,173 sqft on the 3rd floor of Residential Building - Croesus Holding Limited, a 6-storey tower in Majan. It last sold on 15 October 2024 for AED 1,020,000, or AED 869 per sqft, 4% above the AED 836 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 9 October 2021. The current contract, signed on 9 October 2021, is AED 55,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 19,200 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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 by developer, November 2020: AED 445,596 (AED 380 per sqft)Sold, October 2024: AED 1,020,000 (AED 869 per sqft)

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

Rents
Unit 302, 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, October 2021: AED 55,000 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 302 sits

All 36 2-beds →

302 last sold in October 2024 at AED 869 per sqft, 4% above what two-beds in Residential Building - Croesus Holding Limited were fetching at the time (AED 836). 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. 302's AED 55,000 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
3012-bedAED 1.25M · Jun 2024
3031-bedAED 850K · Nov 2024
3042-bedAED 1M · Oct 2024
3052-bedAED 1.09M · Aug 2024
3062-bedAED 1.05M · Dec 2024
3071-bedAED 850K · Jan 2025
3082-bedAED 1.07M · Jan 2025

302, Residential Building - Croesus Holding Limited in numbers

  • Sold twice: first on 3 November 2020 for AED 445,596, last on 15 October 2024 for AED 1,020,000 (AED 869 per sqft).
  • Rented since October 2021 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 19,200 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 15 October 2024.

Questions about 302, Residential Building - Croesus Holding Limited

What did unit 302 last sell for?

AED 1,020,000 on 15 October 2024: AED 869 per sqft for 1,173 sqft. The unit has 2 registered sales; the first was AED 445,596 in November 2020.

What is the rent for unit 302?

AED 55,000 a year on the contract signed on 9 October 2021.

How big is unit 302?

1,173 sqft (109.0 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower.

What is unit 302 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 302, Residential Building - Croesus Holding Limited

Starts from the last sale price (AED 1.02M, 15 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

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