2-bed · 1,288 sqftPark Corner, Jumeirah Village Circle (JVC) · Ground floor · completed 2013

G03, Park Corner

Sold prices and rental history: sold 3 times, last in December 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 9 December 2021
Last soldAED 715K9 December 2021
Current rentAED 58K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Park Corner

What is G03 worth today?

Last sold for AED 715,000 in 2021

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9 Dec 2021SoldReady
AED 715,000AED 555 per sqft
1 Nov 2020RentedRenewal
AED 58,000/yr12 months · AED 45 per sqft
1 Nov 2019RentedNew contract
AED 60,000/yr12 months · AED 46 per sqft
10 Dec 2018RentedNew contract
AED 70,000/yr12 months · AED 54 per sqft
25 Sep 2017RentedNew contract
AED 85,000/yr12 months · AED 66 per sqft
14 Jul 2016RentedNew contract
AED 90,000/yr12 months · AED 70 per sqft
14 Jul 2015RentedNew contract
AED 85,000/yr12 months · AED 66 per sqft
14 Jul 2014RentedNew contract
AED 85,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 9 December 2021.

Key facts

Type
2-bed apartment
Size
1,288 sqft
Floor
Ground of 4
Parking
B1-033
Developer
Gulf Technical Construction Co
Completed
2013
Service charge
AED 21,100 /yr
Last sold
AED 715K · December 2021
Building
Park Corner

About G03, Park Corner

G03 is a two-bedroom apartment of 1,288 sqft on the ground floor of Park Corner, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2013 by Gulf Technical Construction Co. It last sold on 9 December 2021 for AED 715,000, or AED 555 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 November 2020, is AED 58,000 a year: a gross yield of 8.1% on the 2021 price, before the service charge of about AED 21,100 a year.

Sales and rents for G03 over time

Sales
Unit G03, each saleTypical two-bed in Park Corner
500K1M2010201420182022Typical sale price by year: 2010 AED 653,556; 2013 AED 500,016; 2016 AED 999,540Sold by developer, May 2010: AED 389,522 (AED 302 per sqft)Sold, July 2013: AED 389,822 (AED 302 per sqft)Sold, December 2021: AED 715,000 (AED 555 per sqft)

G03 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit G03, each contractTypical two-bed in Park Corner
50K75K100K2013201720212025Typical 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 80,000 a yearNew contract, July 2014: AED 85,000 a yearNew contract, July 2015: AED 85,000 a yearNew contract, July 2016: AED 90,000 a yearNew contract, September 2017: AED 85,000 a yearNew contract, December 2018: AED 70,000 a yearNew contract, November 2019: AED 60,000 a yearRenewal, November 2020: AED 58,000 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 G03 sits

All 16 2-beds →

G03's AED 58,000 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
30 May 2016998,250
26 Apr 2016963,900
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 ground floor

All 46 units in Park Corner
Value
G012-bedAED 904K · Apr 2016
G022-bedAED 1000K · Mar 2016
G043-bedAED 1.79M · Mar 2016
G052-bedAED 998K · May 2016

G03, Park Corner in numbers

  • Sold 3 times: first on 6 May 2010 for AED 389,522, last on 9 December 2021 for AED 715,000 (AED 555 per sqft).
  • Rented since July 2013 on 8 Ejari contracts, from AED 80,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2021 price is 8.1%, before a service charge of about AED 21,100 a year (AED 16.37 per sqft).

Source: Dubai Land Department. Updated 9 December 2021.

Questions about G03, Park Corner

What did unit G03 last sell for?

AED 715,000 on 9 December 2021: AED 555 per sqft for 1,288 sqft. The unit has 3 registered sales; the first was AED 389,522 in May 2010.

What is the rent for unit G03?

AED 58,000 a year on the contract renewed on 1 November 2020. The previous contract, from November 2019, was AED 60,000; the unit has been rented since July 2013.

How big is unit G03?

1,288 sqft (119.7 sqm): a two-bedroom apartment on the ground floor of a 4-storey tower completed in 2013.

What is unit G03 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 G03, Park Corner

Starts from the last sale price (AED 715K, 9 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 715,000
Deposit, UAE resident (20%)
AED 143,000
Deposit, non-resident (40%)
AED 286,000
Monthly over 25 years at 3.7%
AED 2,925

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