305, Park Corner
Sold prices and rental history: sold once, by the developer in March 2016, 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 305, Park Corner
What is 305 worth today?
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Source: Dubai Land Department. Updated 25 March 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,806 sqft
- Floor
- 3rd of 4
- Parking
- B1-049
- Developer
- Gulf Technical Construction Co
- Completed
- 2013
- Service charge
- AED 29,600 /yr
- Last sold
- AED 1.46M · March 2016
- Building
- Park Corner
About 305, Park Corner
305 is a two-bedroom apartment of 1,806 sqft on the 3rd floor of Park Corner, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2013 by Gulf Technical Construction Co. The developer sold it on 29 March 2016 for AED 1,462,050, or AED 809 per sqft, in line with the AED 809 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 25 March 2023, is AED 87,000 a year: a gross yield of 5.9% on the 2016 price, before the service charge of about AED 29,600 a year.
Sales and rents for 305 over time
305 has sold once; 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 305 sits
All 16 2-beds →305 last sold in March 2016 at AED 809 per sqft, in line with what two-beds in Park Corner were fetching at the time (AED 809). 305's AED 87,000 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 3rd floor
All 46 units in Park Corner| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 872 sqft | AED 595KAED 595,000 · Jan 2024January 2024 | 49,000 /yr | |
| 302 | 1-bed | 805 sqft | AED 760KAED 760,000 · May 2024May 2024 | 40,000 /yr | |
| 303 | 1-bed | 742 sqft | AED 245KAED 244,522 · Jul 2013July 2013 | 40,000 /yr | |
| 304 | Studio | 374 sqft | AED 302KAED 302,130 · Mar 2016March 2016 | 40,000 /yr | |
| 306 | 1-bed | 1,257 sqft | AED 1.02MAED 1,018,186 · Feb 2016February 2016 | 80,000 /yr | |
| 307 | 1-bed | 783 sqft | AED 556KAED 555,560 · Mar 2014March 2014 | 51,975 /yr | |
| 308 | 2-bed | 1,647 sqft | AED 1.09MAED 1,085,072 · Jul 2013July 2013 | 86,000 /yr | |
| 309 | 1-bed | 793 sqft | AED 643KAED 642,666 · Feb 2016February 2016 | 52,000 /yr | |
| 310 | 1-bed | 1,192 sqft | AED 966KAED 965,520 · Mar 2016March 2016 | 83,000 /yr | |
| 311 | 2-bed | 1,152 sqft | AED 933KAED 933,120 · Mar 2016March 2016 | 69,300 /yr |
305, Park Corner in numbers
- Sold once: by Gulf Technical Construction Co on 29 March 2016 for AED 1,462,050, or AED 809 per sqft.
- Rented since April 2014 on 6 Ejari contracts. The rent fell from AED 95,000 to AED 60,000 in 2020 and recovered to AED 87,000 by March 2023.
- At AED 87,000 a year the gross yield on the 2016 price is 5.9%, before a service charge of about AED 29,600 a year (AED 16.37 per sqft).
Source: Dubai Land Department. Updated 25 March 2023.
Questions about 305, Park Corner
What did unit 305 last sell for?
AED 1,462,050 on 29 March 2016, sold by the developer: AED 809 per sqft for 1,806 sqft. It is the only registered sale of the unit.
What is the rent for unit 305?
AED 87,000 a year on the contract signed on 25 March 2023. The previous contract, from August 2020, was AED 60,000; the unit has been rented since April 2014.
How big is unit 305?
1,806 sqft (167.8 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2013.
What is unit 305 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 305, Park Corner
Starts from the last sale price (AED 1.46M, 29 March 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,462,050
- Deposit, UAE resident (20%)
- AED 292,410
- Deposit, non-resident (40%)
- AED 584,820
- Monthly over 25 years at 3.7%
- AED 5,982
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →