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Studio · 375 sqftPark Corner, Jumeirah Village Circle (JVC) · 2nd floor · completed 2013

203, Park Corner

Sold prices and rental history: sold 3 times, last in February 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 305K28 February 2019
Current rentAED 51K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Park Corner

What is 203 worth today?

Last sold for AED 305,000 in 2019

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15 Sep 2024RentedNew contract
AED 51,000/yr12 months · AED 136 per sqft
20 Nov 2019RentedNew contract
AED 32,000/yr12 months · AED 85 per sqft
28 Feb 2019SoldReady
AED 305,000AED 814 per sqft
20 Nov 2017RentedNew contract
AED 40,000/yr12 months · AED 106 per sqft
1 Oct 2013RentedNew contract
AED 30,000/yr12 months · AED 80 per sqft
4 Sep 2013SoldReady
AED 251,854AED 672 per sqft
11 Apr 2010Sold by developerOff-plan
AED 251,854AED 672 per sqft

Source: Dubai Land Department. Updated 15 September 2024.

Key facts

Type
Studio apartment
Size
375 sqft
Floor
2nd of 4
Parking
B1-007
Developer
Gulf Technical Construction Co
Completed
2013
Service charge
AED 6,100 /yr
Last sold
AED 305K · February 2019
Building
Park Corner

About 203, Park Corner

203 is a studio of 375 sqft on the 2nd 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 28 February 2019 for AED 305,000, or AED 814 per sqft.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 15 September 2024, is AED 51,000 a year: a gross yield of 16.7% on the 2019 price, before the service charge of about AED 6,100 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical studio in Park Corner
250K275K300K2010201320162019Typical sale price by year: 2010 AED 266,406; 2013 AED 259,792; 2016 AED 304,636Sold by developer, April 2010: AED 251,854 (AED 672 per sqft)Sold, September 2013: AED 251,854 (AED 672 per sqft)Sold, February 2019: AED 305,000 (AED 814 per sqft)

203 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 203, each contractTypical studio in Park Corner
20K40K2013201720212025Typical rent by year: 2013 AED 29,500; 2014 AED 33,000; 2015 AED 40,925; 2016 AED 39,346; 2017 AED 40,314; 2018 AED 38,814; 2019 AED 35,000; 2020 AED 26,500; 2021 AED 23,500; 2022 AED 24,000; 2023 AED 27,050; 2024 AED 30,500; 2025 AED 35,000; 2026 AED 35,000New contract, October 2013: AED 30,000 a yearNew contract, November 2017: AED 40,000 a yearNew contract, November 2019: AED 32,000 a yearNew contract, September 2024: AED 51,000 a year

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 203 sits

All 9 studios →

203's AED 51,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Jan 2023275,000
26 Mar 2017375,000
29 Mar 2016382,320
29 Mar 2016278,640
0 studio sales in the last 12 months

Park Corner

Building

46 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%
Park Corner, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 2nd floor

All 46 units in Park Corner
Value
201StudioAED 319K · Jun 2013
2023-bedAED 1.59M · Mar 2016
2042-bedAED 1.25M · Apr 2023
2051-bedAED 1.02M · Apr 2016
2061-bedAED 633K · Mar 2016
2072-bedAED 501K · Dec 2013
2081-bedAED 643K · Feb 2016
1–7 of 9

203, Park Corner in numbers

  • Sold 3 times: first on 11 April 2010 for AED 251,854, last on 28 February 2019 for AED 305,000 (AED 814 per sqft).
  • Rented since October 2013 on 4 Ejari contracts, from AED 30,000 to AED 51,000 a year.
  • At AED 51,000 a year the gross yield on the 2019 price is 16.7%, before a service charge of about AED 6,100 a year (AED 16.37 per sqft).

Source: Dubai Land Department. Updated 15 September 2024.

Questions about 203, Park Corner

What did unit 203 last sell for?

AED 305,000 on 28 February 2019: AED 814 per sqft for 375 sqft. The unit has 3 registered sales; the first was AED 251,854 in April 2010.

What is the rent for unit 203?

AED 51,000 a year on the contract signed on 15 September 2024. The previous contract, from November 2019, was AED 32,000; the unit has been rented since October 2013.

How big is unit 203?

375 sqft (34.8 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2013.

What is unit 203 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 203, Park Corner

Starts from the last sale price (AED 305K, 28 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 305,000
Deposit, UAE resident (20%)
AED 61,000
Deposit, non-resident (40%)
AED 122,000
Monthly over 25 years at 3.7%
AED 1,248

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