402, 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.
Property timeline for 402, Park Corner
What is 402 worth today?
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Source: Dubai Land Department. Updated 1 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 358 sqft
- Floor
- 4th of 4
- Parking
- B1-036
- Developer
- Gulf Technical Construction Co
- Completed
- 2013
- Service charge
- AED 5,900 /yr
- Last sold
- AED 279K · March 2016
- Building
- Park Corner
About 402, Park Corner
402 is a studio of 358 sqft on the 4th 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 278,640, or AED 778 per sqft, 4% below the AED 809 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 January 2026, is AED 50,000 a year: a gross yield of 17.9% on the 2016 price, before the service charge of about AED 5,900 a year.
Sales and rents for 402 over time
402 has sold once; the dashed line is the studio median of each year in the building.
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 402 sits
All 9 studios →402 last sold in March 2016 at AED 778 per sqft, 4% below what studios in Park Corner were fetching at the time (AED 809). 402's AED 50,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jan 202313 January 2023 | 371 sqft | 275,000 | 740 | ||
| 28 Feb 201928 February 2019 | 375 sqft | 305,000 | 814 | ||
| 26 Mar 201726 March 2017 | 409 sqft | 375,000 | 917 | ||
| 29 Mar 201629 March 2016 | 472 sqft | 382,320 | 809 |
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 4th floor
All 46 units in Park Corner| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,758 sqft | AED 1.42MAED 1,423,170 · Apr 2016April 2016 | 84,916 /yr | |
| 403 | 1-bed | 1,040 sqft | AED 842KAED 842,066 · Feb 2016February 2016 | 54,000 /yr | |
| 404 | 1-bed | 916 sqft | AED 642KAED 642,000 · Sep 2025September 2025 | 58,000 /yr | |
| 405 | 2-bed | 1,936 sqft | AED 1.57MAED 1,568,160 · Mar 2016March 2016 | 103,000 /yr | |
| 406 | 1-bed | 1,580 sqft | AED 1.28MAED 1,279,800 · Mar 2016March 2016 | 63,000 /yr | |
| 407 | 1-bed | 771 sqft | AED 835KAED 835,000 · Jun 2026June 2026 | 59,999 /yr | |
| 408 | 2-bed | 1,163 sqft | AED 942KAED 942,030 · Mar 2016March 2016 | 90,000 /yr | |
| 409 | 1-bed | 1,124 sqft | AED 910KAED 910,440 · Mar 2016March 2016 | 43,919 /yr |
402, Park Corner in numbers
- Sold once: by Gulf Technical Construction Co on 29 March 2016 for AED 278,640, or AED 778 per sqft.
- Rented since September 2013 on 7 Ejari contracts. The rent fell from AED 35,000 to AED 24,000 in 2022 and recovered to AED 50,000 by January 2026.
- At AED 50,000 a year the gross yield on the 2016 price is 17.9%, before a service charge of about AED 5,900 a year (AED 16.37 per sqft).
Source: Dubai Land Department. Updated 1 January 2026.
Questions about 402, Park Corner
What did unit 402 last sell for?
AED 278,640 on 29 March 2016, sold by the developer: AED 778 per sqft for 358 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 50,000 a year on the contract signed on 1 January 2026. The previous contract, from January 2024, was AED 30,000; the unit has been rented since September 2013.
How big is unit 402?
358 sqft (33.3 sqm): a studio on the 4th floor of a 4-storey tower completed in 2013.
What is unit 402 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 402, Park Corner
Starts from the last sale price (AED 279K, 29 March 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 278,640
- Deposit, UAE resident (20%)
- AED 55,728
- Deposit, non-resident (40%)
- AED 111,456
- Monthly over 25 years at 3.7%
- AED 1,140
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →