1-bed · 1,124 sqftPark Corner, Jumeirah Village Circle (JVC) · 4th floor · completed 2013

409, 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.

Unit 409 · DLD and Ejari recordsUpdated 1 May 2023
Last soldAED 910K29 March 2016
Current rentAED 44K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Park Corner

What is 409 worth today?

Last sold for AED 910,440 in 2016

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1 May 2023RentedNew contract
AED 43,919/yr12 months · AED 39 per sqft
1 Feb 2020RentedNew contract
AED 43,000/yr12 months · AED 38 per sqft
2 May 2017RentedNew contract
AED 65,000/yr12 months · AED 58 per sqft
29 Mar 2016Sold by developerReady
AED 910,440AED 809 per sqft
18 Apr 2015RentedNew contract
AED 57,750/yr12 months · AED 52 per sqft
18 Apr 2014RentedNew contract
AED 57,750/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 1 May 2023.

Key facts

Type
1-bed apartment
Size
1,124 sqft
Floor
4th of 4
Parking
B1-043
Developer
Gulf Technical Construction Co
Completed
2013
Service charge
AED 18,400 /yr
Last sold
AED 910K · March 2016
Building
Park Corner

About 409, Park Corner

409 is a one-bedroom apartment of 1,124 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 910,440, 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 2014 on 5 Ejari contracts. The current contract, signed on 1 May 2023, is AED 43,919 a year: a gross yield of 4.8% on the 2016 price, before the service charge of about AED 18,400 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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 910,440 (AED 809 per sqft)

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

Rents
Unit 409, 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, April 2014: AED 57,750 a yearNew contract, April 2015: AED 57,750 a yearNew contract, May 2017: AED 65,000 a yearNew contract, February 2020: AED 43,000 a yearNew contract, May 2023: AED 43,919 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 409 sits

All 19 1-beds →

409 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. 409's AED 43,919 is at the bottom 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
4061-bedAED 1.28M · Mar 2016
4071-bedAED 835K · Jun 2026
1–7 of 8

409, Park Corner in numbers

  • Sold once: by Gulf Technical Construction Co on 29 March 2016 for AED 910,440, or AED 809 per sqft.
  • Rented since April 2014 on 5 Ejari contracts, from AED 57,750 to AED 43,919 a year.
  • At AED 43,919 a year the gross yield on the 2016 price is 4.8%, before a service charge of about AED 18,400 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 May 2023.

Questions about 409, Park Corner

What did unit 409 last sell for?

AED 910,440 on 29 March 2016, sold by the developer: AED 809 per sqft for 1,124 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 43,919 a year on the contract signed on 1 May 2023. The previous contract, from February 2020, was AED 43,000; the unit has been rented since April 2014.

How big is unit 409?

1,124 sqft (104.4 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2013.

What is unit 409 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 409, Park Corner

Starts from the last sale price (AED 910K, 29 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 910,440
Deposit, UAE resident (20%)
AED 182,088
Deposit, non-resident (40%)
AED 364,176
Monthly over 25 years at 3.7%
AED 3,725

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