312, Hercules Tower
Sold prices and rental history: sold once, by the developer in May 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 312, Hercules Tower
What is 312 worth today?
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Source: Dubai Land Department. Updated 8 April 2024.
Key facts
- Type
- Studio apartment
- Size
- 507 sqft
- Floor
- 3rd of 11
- Parking
- B-80
- Developer
- Tanmiyat Global Real Estate Development
- Completed
- 2020
- Service charge
- AED 8,300 /yr
- Last sold
- AED 453K · May 2013
- Building
- Hercules Tower
About 312, Hercules Tower
312 is a studio of 507 sqft on the 3rd floor of Hercules Tower, a 11-storey tower in Living Legends completed in 2020 by Tanmiyat Global Real Estate Development. The developer sold it on 6 May 2013 for AED 453,177, or AED 894 per sqft, 5% above the AED 855 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 8 April 2024, is AED 28,750 a year: a gross yield of 6.3% on the 2013 price, before the service charge of about AED 8,300 a year.
Sales and rents for 312 over time
312 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Hercules Tower, and where 312 sits
All 33 studios →312 last sold in May 2013 at AED 894 per sqft, 5% above what studios in Hercules Tower were fetching at the time (AED 855). 312's AED 28,750 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jun 20254 June 2025 | 488 sqft | 440,000 | 901 | ||
| 22 Jan 202522 January 2025 | 473 sqft | 470,000 | 994 | ||
| 9 Jan 20259 January 2025 | 573 sqft | 440,000 | 768 | ||
| 13 Aug 202413 August 2024 | 459 sqft | 385,000 | 839 |
Hercules Tower
Building143 apartments, studios to 4-bed over 11 floors in Living Legends, completed in 2020 by Tanmiyat Global Real Estate Development. 2 sold in the last 12 months.
- Typical price per sqft
- AED 851
- Typical sale
- AED 978K
- Typical rent
- AED 68K /yr
- Typical yield
- 7.7%
Other units on the 3rd floor
All 143 units in Hercules Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,449 sqft | AED 1.2MAED 1,201,631 · Sep 2017September 2017 | ||
| 302 | 1,823 sqft | AED 1.71MAED 1,710,000 · Oct 2025October 2025 | |||
| 303 | 1-bed | 851 sqft | AED 640KAED 640,000 · Oct 2024October 2024 | 38,000 /yr | |
| 304 | 3-bed | 1,823 sqft | AED 1.41MAED 1,406,948 · Jan 2015January 2015 | 100,000 /yr | |
| 305 | 2-bed | 1,399 sqft | AED 1.14MAED 1,138,950 · Nov 2014November 2014 | 90,000 /yr | |
| 306 | 2-bed | 1,402 sqft | AED 1.1MAED 1,100,000 · Jan 2025January 2025 | 94,000 /yr | |
| 307 | Studio | 473 sqft | AED 470KAED 470,000 · Jan 2025January 2025 | 45,000 /yr | |
| 308 | Studio | 500 sqft | AED 266KAED 266,000 · Jun 2022June 2022 | 26,400 /yr | |
| 309 | 3-bed | 1,864 sqft | AED 1.05MAED 1,050,000 · Oct 2022October 2022 | ||
| 310 | 1-bed | 851 sqft | AED 490KAED 490,000 · Jun 2022June 2022 | 50,000 /yr | |
| 311 | 1,823 sqft | AED 1.8MAED 1,800,000 · Nov 2025November 2025 | 80,000 /yr | ||
| 313 | Studio | 511 sqft | AED 460KAED 460,000 · May 2024May 2024 | 22,000 /yr | |
| 314 | 2-bed | 1,499 sqft | AED 1.07MAED 1,071,306 · Feb 2013February 2013 | 85,000 /yr |
312, Hercules Tower in numbers
- Sold once: by Tanmiyat Global Real Estate Development on 6 May 2013 for AED 453,177, or AED 894 per sqft.
- Rented since July 2018 on 6 Ejari contracts. The rent fell from AED 36,000 to AED 20,000 in 2021 and recovered to AED 28,750 by April 2024.
- At AED 28,750 a year the gross yield on the 2013 price is 6.3%, before a service charge of about AED 8,300 a year (AED 16.39 per sqft).
Source: Dubai Land Department. Updated 8 April 2024.
Questions about 312, Hercules Tower
What did unit 312 last sell for?
AED 453,177 on 6 May 2013, sold by the developer: AED 894 per sqft for 507 sqft. It is the only registered sale of the unit.
What is the rent for unit 312?
AED 28,750 a year on the contract renewed on 8 April 2024. The previous contract, from April 2023, was AED 25,000; the unit has been rented since July 2018.
How big is unit 312?
507 sqft (47.1 sqm): a studio on the 3rd floor of a 11-storey tower completed in 2020.
What is unit 312 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 312, Hercules Tower
Starts from the last sale price (AED 453K, 6 May 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 453,177
- Deposit, UAE resident (20%)
- AED 90,635
- Deposit, non-resident (40%)
- AED 181,271
- Monthly over 25 years at 3.7%
- AED 1,854
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →