Studio · 481 sqftParadise View 1 Majan, Majan · 1st floor · completed 2018

115, Paradise View 1 Majan

Sold prices and rental history: sold once, by the developer in March 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 24 March 2025
Last soldAED 668K24 March 2025
Current rentAED 31K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, Paradise View 1 Majan

What is 115 worth today?

Last sold for AED 667,940 in 2025

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24 Mar 2025Sold by developerReady
AED 667,940AED 1,389 per sqft
1 Sep 2024RentedRenewal
AED 31,460/yr12 months · AED 65 per sqft
1 Sep 2023RentedNew contract
AED 28,600/yr12 months · AED 60 per sqft
1 Sep 2022RentedNew contract
AED 26,000/yr12 months · AED 54 per sqft
1 Apr 2022RentedNew contract
AED 26,076/yr16 months · AED 55 per sqft
1 Mar 2021RentedRenewal
AED 35,429/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 24 March 2025.

Key facts

Type
Studio apartment
Size
481 sqft
Floor
1st of 11
Parking
G-29
Developer
Al Maskan Al Hadeeth Real Estate Developmant
Completed
2018
Service charge
AED 1,500 /yr
Last sold
AED 668K · March 2025

About 115, Paradise View 1 Majan

115 is a studio of 481 sqft on the 1st 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 24 March 2025 for AED 667,940, or AED 1,389 per sqft, 14% above the AED 1,214 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 31,460 a year: a gross yield of 4.7% on the 2025 price, before the service charge of about AED 1,500 a year.

Sales and rents for 115 over time

Sales
Unit 115, each saleTypical studio in Paradise View 1 Majan
550K600K650K202420252026Typical sale price by year: 2024 AED 635,000; 2025 AED 565,000Sold by developer, March 2025: AED 667,940 (AED 1,389 per sqft)

115 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 115, each contractTypical studio in Paradise View 1 Majan
25K30K35K20192021202320252027Typical rent by year: 2019 AED 35,429; 2020 AED 31,300; 2021 AED 35,429; 2022 AED 27,000; 2023 AED 29,700; 2024 AED 32,168; 2025 AED 35,128; 2026 AED 36,382Renewal, March 2021: AED 35,429 a yearNew contract, April 2022: AED 26,076 a yearNew contract, September 2022: AED 26,000 a yearNew contract, September 2023: AED 28,600 a yearRenewal, September 2024: AED 31,460 a year

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 115 sits

All 56 studios →

115 last sold in March 2025 at AED 1,389 per sqft, 14% above what studios in Paradise View 1 Majan were fetching at the time (AED 1,214). 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. 115's AED 31,460 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
30 Jan 2026567,816
19 Jan 2026572,000
31 Jul 2025490,000
25 Apr 2025590,000
7 studio sales in the last 12 months

Paradise View 1 Majan

Building

203 apartments, studios to 3-bed over 11 floors in Majan, completed in 2018 by Al Maskan Al Hadeeth Real Estate Developmant . 20 sold in the last 12 months.

Typical price per sqft
AED 1,050 Down 8.6%
Typical sale
AED 856K
Typical rent
AED 49K /yr
Typical yield
6.3%
Paradise View 1 Majan, Majan: prices, sales and rents →

Other units on the 1st floor

All 203 units in Paradise View 1 Majan
Value
101StudioNo registered sale
102StudioNo registered sale
103StudioNo registered sale
1041-bedNo registered sale
1052-bedNo registered sale
1062-bedNo registered sale
1071-bedNo registered sale
1–7 of 14

115, Paradise View 1 Majan in numbers

  • Sold once: by Al Maskan Al Hadeeth Real Estate Developmant on 24 March 2025 for AED 667,940, or AED 1,389 per sqft.
  • Rented since March 2021 on 5 Ejari contracts. The rent fell from AED 35,429 to AED 26,000 in 2022 and recovered to AED 31,460 by September 2024.
  • At AED 31,460 a year the gross yield on the 2025 price is 4.7%, 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 24 March 2025.

Questions about 115, Paradise View 1 Majan

What did unit 115 last sell for?

AED 667,940 on 24 March 2025, sold by the developer: AED 1,389 per sqft for 481 sqft. It is the only registered sale of the unit.

What is the rent for unit 115?

AED 31,460 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 28,600; the unit has been rented since March 2021.

How big is unit 115?

481 sqft (44.7 sqm): a studio on the 1st floor of a 11-storey tower completed in 2018.

What is unit 115 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 115, Paradise View 1 Majan

Starts from the last sale price (AED 668K, 24 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 667,940
Deposit, UAE resident (20%)
AED 133,588
Deposit, non-resident (40%)
AED 267,176
Monthly over 25 years at 3.7%
AED 2,733

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