2-bed · 1,152 sqftPark Corner, Jumeirah Village Circle (JVC) · 3rd floor · completed 2013

311, Park Corner

Sold prices and rental history: sold once, by the developer in March 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 22 March 2025
Last soldAED 933K29 March 2016
Current rentAED 69K /yr22 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Park Corner

What is 311 worth today?

Last sold for AED 933,120 in 2016

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22 Mar 2025RentedRenewal
AED 69,300/yr12 months · AED 60 per sqft
22 Mar 2024RentedRenewal
AED 63,000/yr12 months · AED 55 per sqft
22 Mar 2023RentedRenewal
AED 53,000/yr12 months · AED 46 per sqft
22 Mar 2022RentedRenewal
AED 48,000/yr12 months · AED 42 per sqft
22 Mar 2021RentedRenewal
AED 48,000/yr12 months · AED 42 per sqft
22 Mar 2020RentedNew contract
AED 54,000/yr12 months · AED 47 per sqft
1 Jan 2019RentedNew contract
AED 65,000/yr12 months · AED 56 per sqft
19 Aug 2017RentedNew contract
AED 85,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 22 March 2025.

Key facts

Type
2-bed apartment
Size
1,152 sqft
Floor
3rd of 4
Parking
B1-034
Developer
Gulf Technical Construction Co
Completed
2013
Service charge
AED 18,900 /yr
Last sold
AED 933K · March 2016
Building
Park Corner

About 311, Park Corner

311 is a two-bedroom apartment of 1,152 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 933,120, or AED 810 per sqft, in line with the AED 809 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 22 March 2025, is AED 69,300 a year: a gross yield of 7.4% on the 2016 price, before the service charge of about AED 18,900 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical two-bed in Park Corner
500K750K1M2010201220142016Typical sale price by year: 2010 AED 653,556; 2013 AED 500,016; 2016 AED 999,540Sold by developer, March 2016: AED 933,120 (AED 810 per sqft)

311 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 311, each contractTypical two-bed in Park Corner
50K100K2013201720212025Typical 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, July 2013: AED 62,000 a yearNew contract, July 2014: AED 65,000 a yearNew contract, July 2015: AED 71,500 a yearNew contract, August 2016: AED 90,000 a yearNew contract, August 2017: AED 85,000 a yearNew contract, January 2019: AED 65,000 a yearNew contract, March 2020: AED 54,000 a yearRenewal, March 2021: AED 48,000 a yearRenewal, March 2022: AED 48,000 a yearRenewal, March 2023: AED 53,000 a yearRenewal, March 2024: AED 63,000 a yearRenewal, March 2025: AED 69,300 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 311 sits

All 16 2-beds →

311 last sold in March 2016 at AED 810 per sqft, in line with what two-beds in Park Corner were fetching at the time (AED 809). 311's AED 69,300 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Nov 20241,225,000
26 Apr 20231,250,000
9 Dec 2021715,000
30 May 2016998,250
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 3rd floor

All 46 units in Park Corner
Value
3011-bedAED 595K · Jan 2024
3021-bedAED 760K · May 2024
3031-bedAED 245K · Jul 2013
304StudioAED 302K · Mar 2016
3052-bedAED 1.46M · Mar 2016
3061-bedAED 1.02M · Feb 2016
3071-bedAED 556K · Mar 2014
1–7 of 10

311, Park Corner in numbers

  • Sold once: by Gulf Technical Construction Co on 29 March 2016 for AED 933,120, or AED 810 per sqft.
  • Rented since July 2013 on 12 Ejari contracts. The rent fell from AED 62,000 to AED 48,000 in 2022 and recovered to AED 69,300 by March 2025.
  • At AED 69,300 a year the gross yield on the 2016 price is 7.4%, before a service charge of about AED 18,900 a year (AED 16.37 per sqft).

Source: Dubai Land Department. Updated 22 March 2025.

Questions about 311, Park Corner

What did unit 311 last sell for?

AED 933,120 on 29 March 2016, sold by the developer: AED 810 per sqft for 1,152 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 69,300 a year on the contract renewed on 22 March 2025. The previous contract, from March 2024, was AED 63,000; the unit has been rented since July 2013.

How big is unit 311?

1,152 sqft (107.0 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2013.

What is unit 311 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 311, Park Corner

Starts from the last sale price (AED 933K, 29 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 933,120
Deposit, UAE resident (20%)
AED 186,624
Deposit, non-resident (40%)
AED 373,248
Monthly over 25 years at 3.7%
AED 3,818

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