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2-bed · 1,809 sqftPark Corner, Jumeirah Village Circle (JVC) · 2nd floor · completed 2013

204, Park Corner

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 26 April 2023
Last soldAED 1.25M26 April 2023
Current rentAED 100K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 204, Park Corner

What is 204 worth today?

Last sold for AED 1,250,000 in 2023

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26 Apr 2023SoldReady
AED 1,250,000AED 691 per sqft
1 Jan 2023RentedNew contract
AED 100,000/yr12 months · AED 55 per sqft
15 Aug 2021RentedRenewal
AED 75,000/yr12 months · AED 41 per sqft
15 Aug 2020RentedRenewal
AED 78,000/yr12 months · AED 43 per sqft
15 Aug 2019RentedNew contract
AED 82,000/yr12 months · AED 45 per sqft
16 Apr 2016RentedRenewal
AED 120,000/yr12 months · AED 66 per sqft
11 Apr 2015RentedNew contract
AED 118,356/yr12 months · AED 65 per sqft
3 Mar 2014SoldReady
AED 1,444,950AED 798 per sqft

Source: Dubai Land Department. Updated 26 April 2023.

Key facts

Type
2-bed apartment
Size
1,809 sqft
Floor
2nd of 4
Parking
B1-014
Developer
Gulf Technical Construction Co
Completed
2013
Service charge
AED 29,600 /yr
Last sold
AED 1.25M · April 2023
Building
Park Corner

About 204, Park Corner

204 is a two-bedroom apartment of 1,809 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 26 April 2023 for AED 1,250,000, or AED 691 per sqft.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 1 January 2023, is AED 100,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 29,600 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical two-bed in Park Corner
500K1M1.5M2010201420182022Typical sale price by year: 2010 AED 653,556; 2013 AED 500,016; 2016 AED 999,540Sold by developer, May 2010: AED 722,466 (AED 399 per sqft)Sold, March 2014: AED 1,444,950 (AED 798 per sqft)Sold, April 2023: AED 1,250,000 (AED 691 per sqft)

204 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 204, each contractTypical two-bed in Park Corner
100K2013201720212025Typical rent by year: 2013 AED 75,000; 2014 AED 85,000; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 95,000; 2018 AED 85,000; 2019 AED 77,808; 2020 AED 65,000; 2021 AED 62,000; 2022 AED 64,122; 2023 AED 71,400; 2024 AED 78,540; 2025 AED 84,000; 2026 AED 105,000New contract, April 2015: AED 118,356 a yearRenewal, April 2016: AED 120,000 a yearNew contract, August 2019: AED 82,000 a yearRenewal, August 2020: AED 78,000 a yearRenewal, August 2021: AED 75,000 a yearNew contract, January 2023: AED 100,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Park Corner, and where 204 sits

All 16 2-beds →

204's AED 100,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Nov 20241,225,000
9 Dec 2021715,000
30 May 2016998,250
26 Apr 2016963,900
0 2-bed 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
203StudioAED 305K · Feb 2019
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

204, Park Corner in numbers

  • Sold 3 times: first on 6 May 2010 for AED 722,466, last on 26 April 2023 for AED 1,250,000 (AED 691 per sqft).
  • Rented since April 2015 on 6 Ejari contracts. The rent fell from AED 118,356 to AED 75,000 in 2021 and recovered to AED 100,000 by January 2023.
  • At AED 100,000 a year the gross yield on the 2023 price is 8.0%, before a service charge of about AED 29,600 a year (AED 16.37 per sqft).

Source: Dubai Land Department. Updated 26 April 2023.

Questions about 204, Park Corner

What did unit 204 last sell for?

AED 1,250,000 on 26 April 2023: AED 691 per sqft for 1,809 sqft. The unit has 3 registered sales; the first was AED 722,466 in May 2010.

What is the rent for unit 204?

AED 100,000 a year on the contract signed on 1 January 2023. The previous contract, from August 2021, was AED 75,000; the unit has been rented since April 2015.

How big is unit 204?

1,809 sqft (168.1 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2013.

What is unit 204 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 204, Park Corner

Starts from the last sale price (AED 1.25M, 26 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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