501, Residential Building - Croesus Holding Limited
Sold prices and rental history: sold twice, last in September 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Residential Building - Croesus Holding Limited
What is 501 worth today?
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Source: Dubai Land Department. Updated 23 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,450 sqft
- Floor
- 5th of 6
- Parking
- B2-14
- Service charge
- AED 23,700 /yr
- Last sold
- AED 1.26M · September 2024
About 501, Residential Building - Croesus Holding Limited
501 is a two-bedroom apartment of 1,450 sqft on the 5th floor of Residential Building - Croesus Holding Limited, a 6-storey tower in Majan. It last sold on 23 September 2024 for AED 1,260,000, or AED 869 per sqft, 5% above the AED 831 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 7 October 2022, is AED 70,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 23,700 a year.
Sales and rents for 501 over time
501 has sold twice; 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 501 sits
All 36 2-beds →501 last sold in September 2024 at AED 869 per sqft, 5% above what two-beds in Residential Building - Croesus Holding Limited were fetching at the time (AED 831). 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. 501's AED 70,000 is in the lower half 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 5th floor
All 48 units in Residential Building - Croesus Holding Limited| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 2-bed | 1,183 sqft | AED 950KAED 950,000 · Feb 2024February 2024 | 84,000 /yr | |
| 503 | 1-bed | 884 sqft | AED 750KAED 750,000 · Mar 2024March 2024 | 60,000 /yr | |
| 504 | 2-bed | 1,177 sqft | AED 950KAED 950,000 · Jan 2024January 2024 | 90,000 /yr | |
| 505 | 2-bed | 1,253 sqft | AED 958KAED 958,000 · Jan 2024January 2024 | 100,000 /yr | |
| 506 | 2-bed | 1,177 sqft | AED 1.23MAED 1,225,000 · Mar 2026March 2026 | 100,000 /yr | |
| 507 | 1-bed | 885 sqft | AED 752KAED 752,352 · Mar 2024March 2024 | 70,000 /yr | |
| 508 | 2-bed | 1,163 sqft | AED 960KAED 960,000 · Nov 2023November 2023 |
501, Residential Building - Croesus Holding Limited in numbers
- Sold twice: first on 3 November 2020 for AED 550,962, last on 23 September 2024 for AED 1,260,000 (AED 869 per sqft).
- Rented since September 2021 on 2 Ejari contracts, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 23,700 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 23 September 2024.
Questions about 501, Residential Building - Croesus Holding Limited
What did unit 501 last sell for?
AED 1,260,000 on 23 September 2024: AED 869 per sqft for 1,450 sqft. The unit has 2 registered sales; the first was AED 550,962 in November 2020.
What is the rent for unit 501?
AED 70,000 a year on the contract renewed on 7 October 2022. The previous contract, from September 2021, was AED 70,000.
How big is unit 501?
1,450 sqft (134.7 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower.
What is unit 501 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 501, Residential Building - Croesus Holding Limited
Starts from the last sale price (AED 1.26M, 23 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,260,000
- Deposit, UAE resident (20%)
- AED 252,000
- Deposit, non-resident (40%)
- AED 504,000
- Monthly over 25 years at 3.7%
- AED 5,155
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →