706, Hercules Tower
Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Hercules Tower
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Source: Dubai Land Department. Updated 29 March 2022.
Key facts
- Type
- Apartment
- Size
- 1,402 sqft
- Floor
- 7th of 11
- Parking
- B-112
- Developer
- Tanmiyat Global Real Estate Development
- Completed
- 2020
- Service charge
- AED 23,000 /yr
- Last sold
- AED 790K · March 2022
- Building
- Hercules Tower
About 706, Hercules Tower
706 is an apartment of 1,402 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 29 March 2022 for AED 790,000, or AED 563 per sqft.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 15 March 2021, is AED 59,000 a year: a gross yield of 7.5% on the 2022 price, before the service charge of about AED 23,000 a year.
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 | |
| 703 | 1-bed | 851 sqft | AED 250KAED 250,000 · Jan 2019January 2019 | 40,000 /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 | |
| 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 |
706, Hercules Tower in numbers
- Sold twice: first on 19 May 2013 for AED 1,186,370, last on 29 March 2022 for AED 790,000 (AED 563 per sqft).
- Rented since October 2017 on 4 Ejari contracts, from AED 80,000 to AED 59,000 a year.
- At AED 59,000 a year the gross yield on the 2022 price is 7.5%, before a service charge of about AED 23,000 a year (AED 16.39 per sqft).
Source: Dubai Land Department. Updated 29 March 2022.
Questions about 706, Hercules Tower
What did unit 706 last sell for?
AED 790,000 on 29 March 2022: AED 563 per sqft for 1,402 sqft. The unit has 2 registered sales; the first was AED 1,186,370 in May 2013.
What is the rent for unit 706?
AED 59,000 a year on the contract signed on 15 March 2021. The previous contract, from March 2020, was AED 65,000; the unit has been rented since October 2017.
How big is unit 706?
1,402 sqft (130.3 sqm): an apartment on the 7th floor of a 11-storey tower completed in 2020.
What is unit 706 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 706, Hercules Tower
Starts from the last sale price (AED 790K, 29 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 790,000
- Deposit, UAE resident (20%)
- AED 158,000
- Deposit, non-resident (40%)
- AED 316,000
- Monthly over 25 years at 3.7%
- AED 3,232
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →