508, Paradise View 1 Majan
Sold prices and rental history: sold once, by the developer in December 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Paradise View 1 Majan
What is 508 worth today?
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Source: Dubai Land Department. Updated 1 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 831 sqft
- Floor
- 5th of 11
- Parking
- B-58
- Developer
- Al Maskan Al Hadeeth Real Estate Developmant
- Completed
- 2018
- Service charge
- AED 2,600 /yr
- Last sold
- AED 1M · December 2024
- Building
- Paradise View 1 Majan
About 508, Paradise View 1 Majan
508 is a one-bedroom apartment of 831 sqft on the 5th 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 11 December 2024 for AED 1,000,000, or AED 1,202 per sqft, 6% below the AED 1,275 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 50,400 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 2,600 a year.
Sales and rents for 508 over time
508 has sold once; 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 Paradise View 1 Majan, and where 508 sits
All 96 1-beds →508 last sold in December 2024 at AED 1,202 per sqft, 6% below what one-beds in Paradise View 1 Majan were fetching at the time (AED 1,275). Over the last 12 months one-beds sold for AED 815,000 to 928,000, around AED 1,049 per sqft, and rent for AED 47,250 to 70,000 a year. 508's AED 50,400 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 777 sqft | 815,000 | 1,048 | ||
| 29 Jan 202629 January 2026 | 780 sqft | 818,496 | 1,049 | ||
| 29 Dec 202529 December 2025 | 830 sqft | 928,000 | 1,117 | ||
| 25 Dec 202525 December 2025 | 815 sqft | 856,139 | 1,050 |
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. 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
- 6.4%
Other units on the 5th floor
All 203 units in Paradise View 1 Majan| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 473 sqft | AED 568KAED 567,816 · Jan 2026January 2026 | 46,500 /yr | |
| 502 | Studio | 501 sqft | No registered sale | 50,000 /yr | |
| 503 | 481 sqft | AED 578KAED 577,632 · Dec 2025December 2025 | 28,600 /yr | ||
| 504 | 815 sqft | AED 855KAED 855,000 · Nov 2025November 2025 | 52,000 /yr | ||
| 505 | 2-bed | 1,132 sqft | AED 1.3MAED 1,300,000 · Feb 2025February 2025 | 80,000 /yr | |
| 506 | 2-bed | 1,160 sqft | No registered sale | 69,000 /yr | |
| 507 | 1-bed | 830 sqft | No registered sale | 47,610 /yr | |
| 509 | 1-bed | 896 sqft | No registered sale | 47,300 /yr | |
| 510 | 1-bed | 778 sqft | AED 1.09MAED 1,087,800 · Apr 2025April 2025 | 50,400 /yr | |
| 511 | Studio | 529 sqft | No registered sale | 32,340 /yr | |
| 512 | 2-bed | 1,249 sqft | AED 1.25MAED 1,248,580 · Jan 2026January 2026 | 70,000 /yr | |
| 513 | 1-bed | 900 sqft | No registered sale | 47,250 /yr | |
| 514 | Studio | 429 sqft | AED 441KAED 441,000 · Mar 2025March 2025 | 42,000 /yr | |
| 515 | Studio | 479 sqft | No registered sale | 30,000 /yr | |
| 516 | 1-bed | 809 sqft | No registered sale | 65,000 /yr | |
| 517 | 1-bed | 834 sqft | No registered sale | 52,148 /yr | |
| 518 | 1-bed | 806 sqft | No registered sale | 53,472 /yr | |
| 519 | 1-bed | 818 sqft | No registered sale | 50,578 /yr | |
| 520 | Studio | 478 sqft | No registered sale | 34,650 /yr |
508, Paradise View 1 Majan in numbers
- Sold once: by Al Maskan Al Hadeeth Real Estate Developmant on 11 December 2024 for AED 1,000,000, or AED 1,202 per sqft.
- Rented since September 2020 on 6 Ejari contracts, from AED 44,000 to AED 50,400 a year.
- At AED 50,400 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 2,600 a year (AED 3.10 per sqft).
- One-beds in Paradise View 1 Majan sold for AED 815,000–928,000 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 1 September 2025.
Questions about 508, Paradise View 1 Majan
What did unit 508 last sell for?
AED 1,000,000 on 11 December 2024, sold by the developer: AED 1,202 per sqft for 831 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 50,400 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 50,400; the unit has been rented since September 2020.
How big is unit 508?
831 sqft (77.2 sqm): a one-bedroom apartment on the 5th floor of a 11-storey tower completed in 2018.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Paradise View 1 Majan sold for AED 815,000 to 928,000 in the last 12 months, around AED 1,049 per sqft.
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Mortgage on 508, Paradise View 1 Majan
Starts from the last sale price (AED 1M, 11 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →