207, Park Corner
Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 207, Park Corner
What is 207 worth today?
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Source: Dubai Land Department. Updated 15 March 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,647 sqft
- Floor
- 2nd of 4
- Parking
- B1-017
- Developer
- Gulf Technical Construction Co
- Completed
- 2013
- Service charge
- AED 27,000 /yr
- Last sold
- AED 501K · December 2013
- Building
- Park Corner
About 207, Park Corner
207 is a two-bedroom apartment of 1,647 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 12 December 2013 for AED 500,898, or AED 304 per sqft, 7% below the AED 326 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 15 March 2022, is AED 75,000 a year: a gross yield of 15.0% on the 2013 price, before the service charge of about AED 27,000 a year.
Sales and rents for 207 over time
207 has sold twice; the dashed line is the two-bed median of each year in the building.
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 207 sits
All 16 2-beds →207 last sold in December 2013 at AED 304 per sqft, 7% below what two-beds in Park Corner were fetching at the time (AED 326). 207's AED 75,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Nov 202426 November 2024 | 1,605 sqft | 1,225,000 | 763 | ||
| 26 Apr 202326 April 2023 | 1,809 sqft | 1,250,000 | 691 | ||
| 9 Dec 20219 December 2021 | 1,288 sqft | 715,000 | 555 | ||
| 30 May 201630 May 2016 | 1,433 sqft | 998,250 | 696 |
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 2nd floor
All 46 units in Park Corner| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | Studio | 469 sqft | AED 319KAED 318,854 · Jun 2013June 2013 | 35,000 /yr | |
| 202 | 3-bed | 1,960 sqft | AED 1.59MAED 1,586,790 · Mar 2016March 2016 | 160,000 /yr | |
| 203 | Studio | 375 sqft | AED 305KAED 305,000 · Feb 2019February 2019 | 51,000 /yr | |
| 204 | 2-bed | 1,809 sqft | AED 1.25MAED 1,250,000 · Apr 2023April 2023 | 100,000 /yr | |
| 205 | 1-bed | 1,256 sqft | AED 1.02MAED 1,017,360 · Apr 2016April 2016 | 68,000 /yr | |
| 206 | 1-bed | 783 sqft | AED 633KAED 633,420 · Mar 2016March 2016 | 51,000 /yr | |
| 208 | 1-bed | 794 sqft | AED 643KAED 642,753 · Feb 2016February 2016 | 58,000 /yr | |
| 209 | 2-bed | 1,191 sqft | AED 964KAED 963,900 · Apr 2016April 2016 | 72,600 /yr | |
| 210 | 1-bed | 1,153 sqft | AED 933KAED 933,120 · Mar 2016March 2016 | 72,000 /yr |
207, Park Corner in numbers
- Sold twice: first on 11 April 2010 for AED 1,001,799, last on 12 December 2013 for AED 500,898 (AED 304 per sqft).
- Rented since February 2014 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 65,000 in 2020 and recovered to AED 75,000 by March 2022.
- At AED 75,000 a year the gross yield on the 2013 price is 15.0%, before a service charge of about AED 27,000 a year (AED 16.37 per sqft).
Source: Dubai Land Department. Updated 15 March 2022.
Questions about 207, Park Corner
What did unit 207 last sell for?
AED 500,898 on 12 December 2013: AED 304 per sqft for 1,647 sqft. The unit has 2 registered sales; the first was AED 1,001,799 in April 2010.
What is the rent for unit 207?
AED 75,000 a year on the contract signed on 15 March 2022. The previous contract, from December 2020, was AED 65,000; the unit has been rented since February 2014.
How big is unit 207?
1,647 sqft (153.0 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2013.
What is unit 207 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 207, Park Corner
Starts from the last sale price (AED 501K, 12 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 500,898
- Deposit, UAE resident (20%)
- AED 100,180
- Deposit, non-resident (40%)
- AED 200,359
- Monthly over 25 years at 3.7%
- AED 2,049
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →