408, Residential Building - Croesus Holding Limited
Sold prices and rental history: sold once, by the developer in February 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Residential Building - Croesus Holding Limited
What is 408 worth today?
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Source: Dubai Land Department. Updated 5 August 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,153 sqft
- Floor
- 4th of 6
- Parking
- B2-13
- Service charge
- AED 18,900 /yr
- Last sold
- AED 634K · February 2021
About 408, Residential Building - Croesus Holding Limited
408 is a two-bedroom apartment of 1,153 sqft on the 4th floor of Residential Building - Croesus Holding Limited, a 6-storey tower in Majan. The developer sold it on 18 February 2021 for AED 634,227, or AED 550 per sqft, 45% above the AED 380 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 5 August 2022, is AED 45,000 a year: a gross yield of 7.1% on the 2021 price, before the service charge of about AED 18,900 a year.
Sales and rents for 408 over time
408 has sold once; the dashed line is the two-bed median of each year in the building.
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 408 sits
All 36 2-beds →408 last sold in February 2021 at AED 550 per sqft, 45% above what two-beds in Residential Building - Croesus Holding Limited were fetching at the time (AED 380). 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. 408's AED 45,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 Mar 202631 March 2026 | 1,177 sqft | 1,225,000 | 1,040 | ||
| 3 Apr 20253 April 2025 | 1,153 sqft | 1,075,000 | 932 | ||
| 31 Jan 202531 January 2025 | 1,152 sqft | 1,070,000 | 928 | ||
| 29 Jan 202529 January 2025 | 1,159 sqft | 1,050,000 | 905 |
Residential Building - Croesus Holding Limited
Building48 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%
Other units on the 4th floor
All 48 units in Residential Building - Croesus Holding Limited| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,450 sqft | AED 1.05MAED 1,050,000 · Aug 2024August 2024 | 61,950 /yr | |
| 402 | 2-bed | 1,173 sqft | AED 645KAED 644,941 · Feb 2021February 2021 | 71,000 /yr | |
| 403 | 1-bed | 888 sqft | AED 448KAED 447,563 · Dec 2020December 2020 | 55,000 /yr | |
| 404 | 2-bed | 1,177 sqft | AED 1.13MAED 1,125,000 · Nov 2024November 2024 | ||
| 405 | 2-bed | 1,253 sqft | AED 740KAED 740,000 · Jul 2021July 2021 | 50,000 /yr | |
| 406 | 2-bed | 1,177 sqft | AED 840KAED 840,000 · Dec 2022December 2022 | 80,000 /yr | |
| 407 | 1-bed | 888 sqft | AED 448KAED 447,563 · Dec 2020December 2020 | 46,000 /yr |
408, Residential Building - Croesus Holding Limited in numbers
- Sold once: by the developer on 18 February 2021 for AED 634,227, or AED 550 per sqft.
- Rented since August 2021 on 2 Ejari contracts, at AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2021 price is 7.1%, before a service charge of about AED 18,900 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 5 August 2022.
Questions about 408, Residential Building - Croesus Holding Limited
What did unit 408 last sell for?
AED 634,227 on 18 February 2021, sold by the developer: AED 550 per sqft for 1,153 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 45,000 a year on the contract renewed on 5 August 2022. The previous contract, from August 2021, was AED 45,000.
How big is unit 408?
1,153 sqft (107.1 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower.
What is unit 408 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 408, Residential Building - Croesus Holding Limited
Starts from the last sale price (AED 634K, 18 February 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 634,227
- Deposit, UAE resident (20%)
- AED 126,845
- Deposit, non-resident (40%)
- AED 253,691
- Monthly over 25 years at 3.7%
- AED 2,595
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →