1-bed · 884 sqftResidential Building - Croesus Holding Limited, Majan · 5th floor

503, Residential Building - Croesus Holding Limited

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

Unit 503 · DLD and Ejari recordsUpdated 13 March 2024
Last soldAED 750K13 March 2024
Current rentAED 60K /yr28 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Residential Building - Croesus Holding Limited

What is 503 worth today?

Last sold for AED 750,000 in 2024

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13 Mar 2024SoldReady
AED 750,000AED 848 per sqft
28 May 2023RentedRenewal
AED 60,000/yr12 months · AED 68 per sqft
28 May 2022RentedRenewal
AED 60,000/yr12 months · AED 68 per sqft
28 May 2021RentedNew contract
AED 60,000/yr12 months · AED 68 per sqft
3 Nov 2020Sold by developerReady
AED 335,977AED 380 per sqft

Source: Dubai Land Department. Updated 13 March 2024.

Key facts

Type
1-bed apartment
Size
884 sqft
Floor
5th of 6
Parking
B2-16
Service charge
AED 14,500 /yr
Last sold
AED 750K · March 2024

About 503, Residential Building - Croesus Holding Limited

503 is a one-bedroom apartment of 884 sqft on the 5th floor of Residential Building - Croesus Holding Limited, a 6-storey tower in Majan. It last sold on 13 March 2024 for AED 750,000, or AED 848 per sqft.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 28 May 2023, is AED 60,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 14,500 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Residential Building - Croesus Holding Limited
250K500K750K2020202220242026Typical sale price by year: 2020 AED 335,977; 2021 AED 481,960; 2024 AED 751,176; 2025 AED 850,000Sold by developer, November 2020: AED 335,977 (AED 380 per sqft)Sold, March 2024: AED 750,000 (AED 848 per sqft)

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

Rents
Unit 503, each contractTypical one-bed in Residential Building - Croesus Holding Limited
40K50K60K202120232025Typical rent by year: 2021 AED 38,000; 2022 AED 39,000; 2023 AED 41,800; 2024 AED 46,000; 2025 AED 56,500New contract, May 2021: AED 60,000 a yearRenewal, May 2022: AED 60,000 a yearRenewal, May 2023: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Residential Building - Croesus Holding Limited, and where 503 sits

All 12 1-beds →
Recent 1-bed salesUnit no.Price (AED)Summary
10 Sep 2025875,000
29 Apr 2025850,000
2 Jan 2025850,000
29 Nov 2024850,000
0 1-bed sales 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
5012-bedAED 1.26M · Sep 2024
5022-bedAED 950K · Feb 2024
5042-bedAED 950K · Jan 2024
5052-bedAED 958K · Jan 2024
5062-bedAED 1.23M · Mar 2026
5071-bedAED 752K · Mar 2024
5082-bedAED 960K · Nov 2023

503, Residential Building - Croesus Holding Limited in numbers

  • Sold twice: first on 3 November 2020 for AED 335,977, last on 13 March 2024 for AED 750,000 (AED 848 per sqft).
  • Rented since May 2021 on 3 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 8.0%, before a service charge of about AED 14,500 a year (AED 16.37 per sqft).

Source: Dubai Land Department. Updated 13 March 2024.

Questions about 503, Residential Building - Croesus Holding Limited

What did unit 503 last sell for?

AED 750,000 on 13 March 2024: AED 848 per sqft for 884 sqft. The unit has 2 registered sales; the first was AED 335,977 in November 2020.

What is the rent for unit 503?

AED 60,000 a year on the contract renewed on 28 May 2023. The previous contract, from May 2022, was AED 60,000; the unit has been rented since May 2021.

How big is unit 503?

884 sqft (82.1 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 503, Residential Building - Croesus Holding Limited

Starts from the last sale price (AED 750K, 13 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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