2-bed · 1,163 sqftResidential Building - Croesus Holding Limited, Majan · 5th floor

508, Residential Building - Croesus Holding Limited

Sold prices and rental history: sold twice, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 29 November 2023
Last soldAED 960K29 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Residential Building - Croesus Holding Limited

What is 508 worth today?

Last sold for AED 960,000 in 2023

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29 Nov 2023SoldReady
AED 960,000AED 825 per sqft
3 Nov 2020Sold by developerReady
AED 441,875AED 380 per sqft

Source: Dubai Land Department. Updated 29 November 2023.

Key facts

Type
2-bed apartment
Size
1,163 sqft
Floor
5th of 6
Parking
B2-21
Service charge
AED 19,000 /yr
Last sold
AED 960K · November 2023

About 508, Residential Building - Croesus Holding Limited

508 is a two-bedroom apartment of 1,163 sqft on the 5th floor of Residential Building - Croesus Holding Limited, a 6-storey tower in Majan. It last sold on 29 November 2023 for AED 960,000, or AED 825 per sqft, in line with the AED 825 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, 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 441,875 (AED 380 per sqft)Sold, November 2023: AED 960,000 (AED 825 per sqft)

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

Rents
Unit 508, 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 87,500

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 508 sits

All 36 2-beds →

508 last sold in November 2023 at AED 825 per sqft, in line with 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.

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
5012-bedAED 1.26M · Sep 2024
5022-bedAED 950K · Feb 2024
5031-bedAED 750K · Mar 2024
5042-bedAED 950K · Jan 2024
5052-bedAED 958K · Jan 2024
5062-bedAED 1.23M · Mar 2026
5071-bedAED 752K · Mar 2024

508, Residential Building - Croesus Holding Limited in numbers

  • Sold twice: first on 3 November 2020 for AED 441,875, last on 29 November 2023 for AED 960,000 (AED 825 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 29 November 2023.

Questions about 508, Residential Building - Croesus Holding Limited

What did unit 508 last sell for?

AED 960,000 on 29 November 2023: AED 825 per sqft for 1,163 sqft. The unit has 2 registered sales; the first was AED 441,875 in November 2020.

How big is unit 508?

1,163 sqft (108.0 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower.

What is unit 508 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 508, Residential Building - Croesus Holding Limited

Starts from the last sale price (AED 960K, 29 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 960,000
Deposit, UAE resident (20%)
AED 192,000
Deposit, non-resident (40%)
AED 384,000
Monthly over 25 years at 3.7%
AED 3,928

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