703, Hercules Tower
Sold prices and rental history: sold twice, last in January 2019, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Hercules Tower
What is 703 worth today?
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Source: Dubai Land Department. Updated 5 January 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 851 sqft
- Floor
- 7th of 11
- Parking
- B-108
- Developer
- Tanmiyat Global Real Estate Development
- Completed
- 2020
- Service charge
- AED 13,900 /yr
- Last sold
- AED 250K · January 2019
- Building
- Hercules Tower
About 703, Hercules Tower
703 is a one-bedroom apartment of 851 sqft on the 7th floor of Hercules Tower, a 11-storey tower in Living Legends completed in 2020 by Tanmiyat Global Real Estate Development. It last sold on 3 January 2019 for AED 250,000, or AED 293 per sqft, 52% below the AED 605 one-beds in the building were fetching at the time.
It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 5 January 2019, is AED 40,000 a year: a gross yield of 16.0% on the 2019 price, before the service charge of about AED 13,900 a year.
Sales and rents for 703 over time
703 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Hercules Tower, and where 703 sits
All 29 1-beds →703 last sold in January 2019 at AED 293 per sqft, 52% below what one-beds in Hercules Tower were fetching at the time (AED 605). Over the last 12 months one-beds sold for AED 705,000, around AED 828 per sqft, and rent for AED 52,000 to 70,000 a year. 703's AED 40,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Mar 202528 March 2025 | 851 sqft | 680,000 | 798 | ||
| 17 Dec 202417 December 2024 | 1,000 sqft | 670,000 | 670 | ||
| 14 Oct 202414 October 2024 | 851 sqft | 640,000 | 751 | ||
| 16 Jul 202416 July 2024 | 851 sqft | 540,000 | 634 |
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 7th floor
All 143 units in Hercules Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,449 sqft | AED 850KAED 850,000 · Mar 2023March 2023 | 54,667 /yr | |
| 702 | 3-bed | 1,823 sqft | AED 1.3MAED 1,300,000 · Mar 2024March 2024 | 65,000 /yr | |
| 704 | 3-bed | 1,823 sqft | AED 1.45MAED 1,450,000 · May 2024May 2024 | 80,000 /yr | |
| 705 | 2-bed | 1,399 sqft | AED 1.08MAED 1,080,000 · Oct 2018October 2018 | 90,000 /yr | |
| 706 | 1,402 sqft | AED 790KAED 790,000 · Mar 2022March 2022 | 59,000 /yr | ||
| 707 | 1-bed | 973 sqft | AED 415KAED 415,000 · Jul 2019July 2019 | ||
| 708 | 3-bed | 1,864 sqft | AED 1.35MAED 1,350,000 · May 2024May 2024 | 85,540 /yr | |
| 709 | 1-bed | 851 sqft | AED 724KAED 723,584 · Feb 2013February 2013 | 65,000 /yr | |
| 710 | 3-bed | 1,823 sqft | AED 1.4MAED 1,400,000 · Apr 2025April 2025 | 100,000 /yr | |
| 711 | 1-bed | 1,000 sqft | AED 570KAED 570,000 · Mar 2024March 2024 | ||
| 712 | 2-bed | 1,563 sqft | AED 1.24MAED 1,240,000 · May 2024May 2024 | 53,000 /yr |
703, Hercules Tower in numbers
- Sold twice: first on 19 May 2013 for AED 679,633, last on 3 January 2019 for AED 250,000 (AED 293 per sqft).
- Rented since December 2017 on 2 Ejari contracts, from AED 50,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2019 price is 16.0%, before a service charge of about AED 13,900 a year (AED 16.39 per sqft).
- One-beds in Hercules Tower sold for AED 705,000–705,000 in the 12 months to November 2026; the building's median across all types is AED 851 per sqft.
Source: Dubai Land Department. Updated 5 January 2019.
Questions about 703, Hercules Tower
What did unit 703 last sell for?
AED 250,000 on 3 January 2019: AED 293 per sqft for 851 sqft. The unit has 2 registered sales; the first was AED 679,633 in May 2013.
What is the rent for unit 703?
AED 40,000 a year on the contract signed on 5 January 2019. The previous contract, from December 2017, was AED 50,000.
How big is unit 703?
851 sqft (79.1 sqm): a one-bedroom apartment on the 7th floor of a 11-storey tower completed in 2020.
What is unit 703 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Hercules Tower sold for AED 705,000 to 705,000 in the last 12 months, around AED 828 per sqft.
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Mortgage on 703, Hercules Tower
Starts from the last sale price (AED 250K, 3 January 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 250,000
- Deposit, UAE resident (20%)
- AED 50,000
- Deposit, non-resident (40%)
- AED 100,000
- Monthly over 25 years at 3.7%
- AED 1,023
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →