1113, Paradise View 1 Majan
Sold prices and rental history: sold once, by the developer in November 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1113, Paradise View 1 Majan
What is 1113 worth today?
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Source: Dubai Land Department. Updated 5 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 478 sqft
- Floor
- 11th of 11
- Parking
- G-42
- Developer
- Al Maskan Al Hadeeth Real Estate Developmant
- Completed
- 2018
- Service charge
- AED 1,500 /yr
- Last sold
- AED 750K · November 2024
- Building
- Paradise View 1 Majan
About 1113, Paradise View 1 Majan
1113 is a studio of 478 sqft on the 11th floor of Paradise View 1 Majan, a 11-storey tower in Majan completed in 2018 by Al Maskan Al Hadeeth Real Estate Developmant. The developer sold it on 5 November 2024 for AED 750,000, or AED 1,569 per sqft, 7% above the AED 1,462 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 31,850 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 1,500 a year.
Sales and rents for 1113 over time
1113 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 Paradise View 1 Majan, and where 1113 sits
All 56 studios →1113 last sold in November 2024 at AED 1,569 per sqft, 7% above what studios in Paradise View 1 Majan were fetching at the time (AED 1,462). Over the last 12 months studios sold for AED 512,916 to 577,632, around AED 1,199 per sqft, and rent for AED 32,340 to 46,500 a year. 1113's AED 31,850 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 473 sqft | 567,816 | 1,199 | ||
| 19 Jan 202619 January 2026 | 479 sqft | 572,000 | 1,193 | ||
| 31 Jul 202531 July 2025 | 478 sqft | 490,000 | 1,025 | ||
| 25 Apr 202525 April 2025 | 477 sqft | 590,000 | 1,236 |
Paradise View 1 Majan
Building203 apartments, studios to 3-bed over 11 floors in Majan, completed in 2018 by Al Maskan Al Hadeeth Real Estate Developmant. 19 sold in the last 12 months.
- Typical price per sqft
- AED 1,050 Down 8.3%
- Typical sale
- AED 856K
- Typical rent
- AED 49K /yr
- Typical yield
- 6.4%
Other units on the 11th floor
All 203 units in Paradise View 1 Majan| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | Studio | 472 sqft | No registered sale | 38,115 /yr | |
| 1102 | Studio | 501 sqft | No registered sale | 36,382 /yr | |
| 1103 | Studio | 479 sqft | AED 750KAED 750,000 · Nov 2024November 2024 | 29,468 /yr | |
| 1104 | 1-bed | 815 sqft | AED 987KAED 987,000 · Feb 2025February 2025 | 48,000 /yr | |
| 1105 | 2-bed | 1,211 sqft | AED 1.3MAED 1,301,072 · Mar 2025March 2025 | 67,100 /yr | |
| 1106 | 1-bed | 894 sqft | No registered sale | 70,000 /yr | |
| 1107 | 3-bed | 1,849 sqft | No registered sale | 108,000 /yr | |
| 1108 | 1-bed | 893 sqft | No registered sale | 49,000 /yr | |
| 1109 | 1-bed | 818 sqft | No registered sale | 48,400 /yr | |
| 1110 | 1-bed | 831 sqft | No registered sale | 49,000 /yr | |
| 1111 | 1-bed | 806 sqft | No registered sale | 45,980 /yr | |
| 1112 | 1-bed | 818 sqft | No registered sale | 49,000 /yr |
1113, Paradise View 1 Majan in numbers
- Sold once: by Al Maskan Al Hadeeth Real Estate Developmant on 5 November 2024 for AED 750,000, or AED 1,569 per sqft.
- Rented since December 2019 on 5 Ejari contracts. The rent fell from AED 35,429 to AED 26,405 in 2022 and recovered to AED 31,850 by August 2024.
- At AED 31,850 a year the gross yield on the 2024 price is 4.3%, before a service charge of about AED 1,500 a year (AED 3.10 per sqft).
- Studios in Paradise View 1 Majan sold for AED 512,916–577,632 in the 12 months to November 2026; the building's median across all types is AED 1,050 per sqft.
Source: Dubai Land Department. Updated 5 November 2024.
Questions about 1113, Paradise View 1 Majan
What did unit 1113 last sell for?
AED 750,000 on 5 November 2024, sold by the developer: AED 1,569 per sqft for 478 sqft. It is the only registered sale of the unit.
What is the rent for unit 1113?
AED 31,850 a year on the contract renewed on 15 August 2024. The previous contract, from August 2023, was AED 28,954; the unit has been rented since December 2019.
How big is unit 1113?
478 sqft (44.4 sqm): a studio on the 11th floor of a 11-storey tower completed in 2018.
What is unit 1113 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Paradise View 1 Majan sold for AED 512,916 to 577,632 in the last 12 months, around AED 1,199 per sqft.
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Mortgage on 1113, Paradise View 1 Majan
Starts from the last sale price (AED 750K, 5 November 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 AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →