2-bed · 1,533 sqftPark Square JVC, Jumeirah Village Circle (JVC) · 4th floor · completed 2016

402, Park Square JVC

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

Unit 402 · DLD and Ejari recordsUpdated 15 October 2025
Last soldAED 1.5M29 August 2017
Current rentAED 62K /yr15 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Park Square JVC

What is 402 worth today?

Last sold for AED 1,500,158 in 2017

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15 Oct 2025RentedNew contract
AED 62,000/yr12 months · AED 74 per sqft
15 Sep 2025RentedRenewal
AED 85,000/yr12 months · AED 55 per sqft
6 Sep 2025RentedNew contract
AED 72,000/yr12 months · AED 86 per sqft
23 May 2025RentedNew contract
AED 84,000/yr12 months · AED 100 per sqft
23 May 2025RentedNew contract
AED 84,000/yr12 months · AED 100 per sqft
15 Sep 2024RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft
1 Sep 2023RentedNew contract
AED 80,000/yr12 months · AED 52 per sqft
6 Aug 2023RentedNew contract
AED 80,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 15 October 2025.

Key facts

Type
2-bed apartment
Size
1,533 sqft
Floor
4th of 4
Parking
142
Developer
Sand Stone Properties
Completed
2016
Service charge
AED 18,200 /yr
Last sold
AED 1.5M · August 2017

About 402, Park Square JVC

402 is a two-bedroom apartment of 1,533 sqft on the 4th 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 1,500,158, 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 2017 on 14 Ejari contracts. The current contract, signed on 15 October 2025, is AED 62,000 a year: a gross yield of 4.1% on the 2017 price, before the service charge of about AED 18,200 a year.

Sales and rents for 402 over time

Rents
Unit 402, each contractTypical two-bed in Park Square JVC
75K100K2017202020232026Typical 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, November 2017: AED 105,000 a yearRenewal, November 2018: AED 93,500 a yearNew contract, January 2020: AED 84,640 a yearRenewal, November 2020: AED 67,000 a yearRenewal, November 2021: AED 67,000 a yearNew contract, May 2022: AED 65,000 a yearNew contract, August 2023: AED 80,000 a yearNew contract, September 2023: AED 80,000 a yearNew contract, September 2024: AED 85,000 a yearNew contract, May 2025: AED 84,000 a yearNew contract, May 2025: AED 84,000 a yearRenewal, September 2025: AED 85,000 a yearNew contract, September 2025: AED 72,000 a yearNew contract, October 2025: AED 62,000 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 402 sits

All 28 2-beds →

402 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). 402's AED 62,000 is at the bottom 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 4th floor

All 48 units in Park Square JVC
Value
4012-bedAED 1.5M · Aug 2017
4032-bedAED 1.98M · Aug 2017
4042-bedAED 2.06M · Aug 2017
4052-bedAED 1.94M · Aug 2017
4062-bedAED 1.68M · Aug 2017
4072-bedAED 1.6M · Aug 2017
4082-bedAED 1.57M · Aug 2017

402, Park Square JVC in numbers

  • Sold once: by Sand Stone Properties on 29 August 2017 for AED 1,500,158, or AED 978 per sqft.
  • Rented since November 2017 on 14 Ejari contracts, from AED 105,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2017 price is 4.1%, before a service charge of about AED 18,200 a year (AED 11.90 per sqft).

Source: Dubai Land Department. Updated 15 October 2025.

Questions about 402, Park Square JVC

What did unit 402 last sell for?

AED 1,500,158 on 29 August 2017, sold by the developer: AED 978 per sqft for 1,533 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 62,000 a year on the contract signed on 15 October 2025. The previous contract, from September 2025, was AED 85,000; the unit has been rented since November 2017.

How big is unit 402?

1,533 sqft (142.4 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2016.

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 Square JVC

Starts from the last sale price (AED 1.5M, 29 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,158
Deposit, UAE resident (20%)
AED 300,032
Deposit, non-resident (40%)
AED 600,063
Monthly over 25 years at 3.7%
AED 6,138

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