103, Park Corner
Sold prices and rental history: sold 3 times, last in March 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 103, Park Corner
What is 103 worth today?
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Source: Dubai Land Department. Updated 22 September 2022.
Key facts
- Type
- Studio apartment
- Size
- 409 sqft
- Floor
- 1st of 4
- Parking
- B1-003
- Developer
- Gulf Technical Construction Co
- Completed
- 2013
- Service charge
- AED 6,700 /yr
- Last sold
- AED 375K · March 2017
- Building
- Park Corner
About 103, Park Corner
103 is a studio of 409 sqft on the 1st floor of Park Corner, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2013 by Gulf Technical Construction Co. It last sold on 26 March 2017 for AED 375,000, or AED 917 per sqft, 13% above the AED 809 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 22 September 2022, is AED 25,000 a year: a gross yield of 6.7% on the 2017 price, before the service charge of about AED 6,700 a year.
Sales and rents for 103 over time
103 has sold 3 times; 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 Park Corner, and where 103 sits
All 9 studios →103 last sold in March 2017 at AED 917 per sqft, 13% above what studios in Park Corner were fetching at the time (AED 809). 103's AED 25,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jan 202313 January 2023 | 371 sqft | 275,000 | 740 | ||
| 28 Feb 201928 February 2019 | 375 sqft | 305,000 | 814 | ||
| 29 Mar 201629 March 2016 | 472 sqft | 382,320 | 809 | ||
| 29 Mar 201629 March 2016 | 358 sqft | 278,640 | 778 |
Park Corner
Building46 apartments, studios to 3-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2013 by Gulf Technical Construction Co. 1 sold in the last 12 months.
- Typical price per sqft
- AED 1,082
- Typical sale
- AED 835K
- Typical rent
- AED 73K /yr
- Typical yield
- 6.8%
Other units on the 1st floor
All 46 units in Park Corner| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | Studio | 472 sqft | AED 382KAED 382,320 · Mar 2016March 2016 | 31,500 /yr | |
| 102 | Studio | 408 sqft | AED 330KAED 330,480 · Mar 2016March 2016 | 34,000 /yr | |
| 104 | Studio | 371 sqft | AED 275KAED 275,000 · Jan 2023January 2023 | 39,375 /yr | |
| 105 | Studio | 376 sqft | AED 305KAED 304,636 · Feb 2016February 2016 | 35,000 /yr | |
| 106 | 1-bed | 1,004 sqft | AED 812KAED 812,430 · Mar 2016March 2016 | 60,000 /yr | |
| 107 | 1-bed | 1,257 sqft | AED 1.02MAED 1,017,360 · Apr 2016April 2016 | 72,000 /yr | |
| 108 | 1-bed | 790 sqft | AED 642KAED 641,520 · Apr 2016April 2016 | 53,000 /yr | |
| 109 | 2-bed | 1,654 sqft | AED 1.34MAED 1,339,998 · Feb 2016February 2016 | 123,500 /yr | |
| 110 | 2-bed | 1,605 sqft | AED 1.23MAED 1,225,000 · Nov 2024November 2024 | 72,000 /yr | |
| 111 | 2-bed | 1,556 sqft | AED 1.26MAED 1,260,360 · Apr 2016April 2016 | 125,000 /yr |
103, Park Corner in numbers
- Sold 3 times: first on 14 April 2010 for AED 266,406, last on 26 March 2017 for AED 375,000 (AED 917 per sqft).
- Rented since June 2013 on 8 Ejari contracts. The rent fell from AED 30,000 to AED 22,000 in 2021 and recovered to AED 25,000 by September 2022.
- At AED 25,000 a year the gross yield on the 2017 price is 6.7%, before a service charge of about AED 6,700 a year (AED 16.37 per sqft).
Source: Dubai Land Department. Updated 22 September 2022.
Questions about 103, Park Corner
What did unit 103 last sell for?
AED 375,000 on 26 March 2017: AED 917 per sqft for 409 sqft. The unit has 3 registered sales; the first was AED 266,406 in April 2010.
What is the rent for unit 103?
AED 25,000 a year on the contract renewed on 22 September 2022. The previous contract, from September 2021, was AED 22,000; the unit has been rented since June 2013.
How big is unit 103?
409 sqft (38.0 sqm): a studio on the 1st floor of a 4-storey tower completed in 2013.
What is unit 103 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 103, Park Corner
Starts from the last sale price (AED 375K, 26 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 375,000
- Deposit, UAE resident (20%)
- AED 75,000
- Deposit, non-resident (40%)
- AED 150,000
- Monthly over 25 years at 3.7%
- AED 1,534
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →