1-bed · 1,580 sqftPark Corner, Jumeirah Village Circle (JVC) · 4th floor · completed 2013

406, 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 406 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 1.28M29 March 2016
Current rentAED 63K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Park Corner

What is 406 worth today?

Last sold for AED 1,279,800 in 2016

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1 Sep 2026RentedRenewal
AED 63,000/yr12 months · AED 40 per sqft
1 Sep 2025RentedRenewal
AED 63,000/yr12 months · AED 40 per sqft
1 Sep 2024RentedRenewal
AED 60,000/yr12 months · AED 38 per sqft
1 Sep 2023RentedRenewal
AED 49,350/yr12 months · AED 31 per sqft
1 Sep 2022RentedRenewal
AED 47,000/yr12 months · AED 30 per sqft
1 Sep 2021RentedRenewal
AED 45,000/yr12 months · AED 28 per sqft
1 Sep 2020RentedNew contract
AED 48,000/yr12 months · AED 30 per sqft
14 Aug 2018RentedNew contract
AED 62,000/yr12 months · AED 39 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
1-bed apartment
Size
1,580 sqft
Floor
4th of 4
Parking
B1-040
Developer
Gulf Technical Construction Co
Completed
2013
Service charge
AED 25,900 /yr
Last sold
AED 1.28M · March 2016
Building
Park Corner

About 406, Park Corner

406 is a one-bedroom apartment of 1,580 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 1,279,800, or AED 809 per sqft, in line with the AED 810 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 63,000 a year: a gross yield of 4.9% on the 2016 price, before the service charge of about AED 25,900 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Park Corner
500K1M2010201420182022Typical sale price by year: 2010 AED 350,989; 2013 AED 312,378; 2016 AED 910,440; 2024 AED 745,000Sold by developer, March 2016: AED 1,279,800 (AED 809 per sqft)

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

Rents
Unit 406, each contractTypical one-bed in Park Corner
40K60K2013201720212025Typical rent by year: 2013 AED 52,000; 2014 AED 57,000; 2015 AED 57,750; 2016 AED 62,268; 2017 AED 64,000; 2018 AED 61,500; 2019 AED 49,572; 2020 AED 40,000; 2021 AED 42,000; 2022 AED 48,000; 2023 AED 47,300; 2024 AED 54,500; 2025 AED 60,000; 2026 AED 70,000New contract, November 2013: AED 65,000 a yearNew contract, November 2014: AED 65,000 a yearRenewal, November 2015: AED 65,000 a yearNew contract, August 2018: AED 62,000 a yearNew contract, September 2020: AED 48,000 a yearRenewal, September 2021: AED 45,000 a yearRenewal, September 2022: AED 47,000 a yearRenewal, September 2023: AED 49,350 a yearRenewal, September 2024: AED 60,000 a yearRenewal, September 2025: AED 63,000 a yearRenewal, September 2026: AED 63,000 a year

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

1-beds in Park Corner, and where 406 sits

All 19 1-beds →

406 last sold in March 2016 at AED 809 per sqft, in line with what one-beds in Park Corner were fetching at the time (AED 810). Over the last 12 months one-beds sold for AED 835,000, around AED 1,082 per sqft, and rent for AED 51,975 to 88,000 a year. 406's AED 63,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jun 2026835,000
18 Sep 2025642,000
24 Sep 2024745,000
27 May 2024760,000
1 1-bed sale 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 4th floor

All 46 units in Park Corner
Value
4012-bedAED 1.42M · Apr 2016
402StudioAED 279K · Mar 2016
4031-bedAED 842K · Feb 2016
4041-bedAED 642K · Sep 2025
4052-bedAED 1.57M · Mar 2016
4071-bedAED 835K · Jun 2026
4082-bedAED 942K · Mar 2016
1–7 of 8

406, Park Corner in numbers

  • Sold once: by Gulf Technical Construction Co on 29 March 2016 for AED 1,279,800, or AED 809 per sqft.
  • Rented since November 2013 on 11 Ejari contracts. The rent fell from AED 65,000 to AED 45,000 in 2021 and recovered to AED 63,000 by September 2026.
  • At AED 63,000 a year the gross yield on the 2016 price is 4.9%, before a service charge of about AED 25,900 a year (AED 16.37 per sqft).
  • One-beds in Park Corner sold for AED 835,000–835,000 in the 12 months to November 2026; the building's median across all types is AED 1,082 per sqft.

Source: Dubai Land Department. Updated 1 September 2026.

Questions about 406, Park Corner

What did unit 406 last sell for?

AED 1,279,800 on 29 March 2016, sold by the developer: AED 809 per sqft for 1,580 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 63,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 63,000; the unit has been rented since November 2013.

How big is unit 406?

1,580 sqft (146.8 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2013.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Corner sold for AED 835,000 to 835,000 in the last 12 months, around AED 1,082 per sqft.

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Mortgage on 406, Park Corner

Starts from the last sale price (AED 1.28M, 29 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,279,800
Deposit, UAE resident (20%)
AED 255,960
Deposit, non-resident (40%)
AED 511,920
Monthly over 25 years at 3.7%
AED 5,236

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