2-bed · 1,643 sqftPark Square JVC, Jumeirah Village Circle (JVC) · 2nd floor · completed 2016

206, Park Square JVC

Sold prices and rental history: sold once, by the developer in August 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 1.61M29 August 2017
Current rentAED 78K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Park Square JVC

What is 206 worth today?

Last sold for AED 1,607,802 in 2017

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1 Mar 2025RentedRenewal
AED 78,000/yr12 months · AED 47 per sqft
1 Mar 2025RentedRenewal
AED 78,000/yr12 months · AED 47 per sqft
1 Mar 2024RentedNew contract
AED 70,500/yr12 months · AED 43 per sqft
1 Mar 2022RentedRenewal
AED 66,000/yr12 months · AED 40 per sqft
1 Mar 2021RentedNew contract
AED 62,000/yr12 months · AED 38 per sqft
9 Jan 2020RentedRenewal
AED 65,000/yr12 months · AED 39 per sqft
10 Jan 2019RentedRenewal
AED 76,205/yr12 months · AED 46 per sqft
10 Jan 2018RentedNew contract
AED 95,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
2-bed apartment
Size
1,643 sqft
Floor
2nd of 4
Parking
124
Developer
Sand Stone Properties
Completed
2016
Service charge
AED 19,600 /yr
Last sold
AED 1.61M · August 2017

About 206, Park Square JVC

206 is a two-bedroom apartment of 1,643 sqft on the 2nd floor of Park Square JVC, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2016 by Sand Stone Properties. The developer sold it on 29 August 2017 for AED 1,607,802, or AED 978 per sqft, in line with the AED 978 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 78,000 a year: a gross yield of 4.9% on the 2017 price, before the service charge of about AED 19,600 a year.

Sales and rents for 206 over time

Rents
Unit 206, each contractTypical two-bed in Park Square JVC
60K80K100K2017202020232026Typical rent by year: 2017 AED 102,000; 2018 AED 92,000; 2019 AED 75,603; 2020 AED 65,000; 2021 AED 60,000; 2022 AED 63,000; 2023 AED 70,000; 2024 AED 77,175; 2025 AED 81,000; 2026 AED 81,000New contract, January 2018: AED 95,000 a yearRenewal, January 2019: AED 76,205 a yearRenewal, January 2020: AED 65,000 a yearNew contract, March 2021: AED 62,000 a yearRenewal, March 2022: AED 66,000 a yearNew contract, March 2024: AED 70,500 a yearRenewal, March 2025: AED 78,000 a yearRenewal, March 2025: AED 78,000 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 Square JVC, and where 206 sits

All 28 2-beds →

206 last sold in August 2017 at AED 978 per sqft, in line with what two-beds in Park Square JVC were fetching at the time (AED 978). 206's AED 78,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Aug 20171,500,158
29 Aug 20171,510,922
29 Aug 20171,323,036
29 Aug 20171,498,201
0 2-bed sales in the last 12 months

Park Square JVC

Building

48 apartments, 1-bed to 2-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2016 by Sand Stone Properties. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 79K /yr
Typical yield
Park Square JVC, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 2nd floor

All 48 units in Park Square JVC
Value
2012-bedAED 1.5M · Aug 2017
2022-bedAED 1.5M · Aug 2017
2032-bedAED 1.5M · Aug 2017
2041-bedAED 980K · Aug 2017
2052-bedAED 1.32M · Aug 2017
2071-bedAED 974K · Aug 2017
2081-bedAED 1.02M · Aug 2017
1–7 of 10

206, Park Square JVC in numbers

  • Sold once: by Sand Stone Properties on 29 August 2017 for AED 1,607,802, or AED 978 per sqft.
  • Rented since January 2018 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 62,000 in 2021 and recovered to AED 78,000 by March 2025.
  • At AED 78,000 a year the gross yield on the 2017 price is 4.9%, before a service charge of about AED 19,600 a year (AED 11.90 per sqft).

Source: Dubai Land Department. Updated 1 March 2025.

Questions about 206, Park Square JVC

What did unit 206 last sell for?

AED 1,607,802 on 29 August 2017, sold by the developer: AED 978 per sqft for 1,643 sqft. It is the only registered sale of the unit.

What is the rent for unit 206?

AED 78,000 a year on the contract renewed on 1 March 2025. The previous contract, from March 2025, was AED 78,000; the unit has been rented since January 2018.

How big is unit 206?

1,643 sqft (152.6 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2016.

What is unit 206 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 206, Park Square JVC

Starts from the last sale price (AED 1.61M, 29 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,607,802
Deposit, UAE resident (20%)
AED 321,560
Deposit, non-resident (40%)
AED 643,121
Monthly over 25 years at 3.7%
AED 6,578

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