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Sold for AED 480,000: Studio Apartment in Paradise View 1

Located in Majan, Dubai. Its price per sqft is +12% vs the Paradise View 1 median (AED 894/sqft).

All Majan salesParadise View 1 prices

Sale price

AED 480,000

Per sqft
AED 1,004
Registered
24 Feb 2026, 13:26 (Dubai)
Paradise View 1, Dubai

01 / Price history

This unit's history

Every registration of this studio apartment in Paradise View 1: same layout, exact size (478 sqft) and parking bay G-27. The registry has no unit numbers, so records are matched on these details.

  1. 24 Feb 2026This sale

    478 sqft · AED 1,004/sqft · Ready

    First recordAED 480,000

  2. 25 Feb 2026Mortgage

    Held 1 day · 478 sqft · AED 1,125/sqft · Ready

    12%higher than the previous recordAED 537,797
Records
2
Held for
1 day
until the next record on 25 Feb 2026
Loan to value
112%
AED 537.8K mortgage on the AED 480K sale

02 / The property

Property details

Size
478 sqft · 44.4 m²
Bedrooms
Studio
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
G-27
Nearest landmark
IMG World Adventures

03 / Comparables

All sales in Paradise View 1 (19 Jan 2026 – 7 Oct 2026)

149 market sales, latest 30 shown. Percentages compare each sale with this one.

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Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
7 Oct 2026495K+3% vs selected935−7% vs selected
6 Oct 2026455.45K−5% vs selected950−5% vs selected
6 Oct 2026776.64K+62% vs selected950−5% vs selected
6 Oct 2026849.45K+77% vs selected950−5% vs selected
6 Oct 2026455.45K−5% vs selected950−5% vs selected
6 Oct 2026498.61K+4% vs selected950−5% vs selected
6 Oct 2026407.49K−15% vs selected950−5% vs selected
6 Oct 2026457.29K−5% vs selected950−5% vs selected
15 Aug 2026850K+77% vs selected1,024+2% vs selected
22 Jul 2026800K+67% vs selected963−4% vs selected
14 Jul 2026425.59K−11% vs selected804−20% vs selected
14 Jul 20261.5M+213% vs selected815−19% vs selected
14 Jul 2026400K−17% vs selected798−21% vs selected
2 Jun 2026900K+88% vs selected1,0000% vs selected
5 May 20261.3M+171% vs selected1,041+4% vs selected
5 Mar 2026930K+94% vs selected1,039+3% vs selected
24 Feb 2026720K+50% vs selected883−12% vs selected
24 Feb 2026720K+50% vs selected866−14% vs selected
24 Feb 2026720K+50% vs selected863−14% vs selected
24 Feb 2026800K+67% vs selected893−11% vs selected
24 Feb 2026720K+50% vs selected891−11% vs selected
24 Feb 2026480K0% vs selected960−4% vs selected
24 Feb 2026720K+50% vs selected863−14% vs selected
24 Feb 2026402.2K−16% vs selected850−15% vs selected
24 Feb 2026985.57K+105% vs selected850−15% vs selected
24 Feb 2026480K0% vs selected995−1% vs selected
24 Feb 2026961.87K+100% vs selected850−15% vs selected
Studio · 478 sqftReadySelected sale
24 Feb 2026480K1,004
24 Feb 2026480K0% vs selected1,014+1% vs selected
24 Feb 2026720K+50% vs selected893−11% vs selected

04 / Renting it out

What similar apartments rent for

Median of 3 market rents of apartments of 406–550 sq ft in Majan. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

See these contracts
Median rent / yr
AED 46,000
Per sqft / yr
AED 99/sqft
Gross yield
9.6%