2-bed · 1,983 sqftPark Square JVC, Jumeirah Village Circle (JVC) · 4th floor · completed 2016

405, 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 405 · DLD and Ejari recordsUpdated 6 April 2026
Last soldAED 1.94M29 August 2017
Current rentAED 80K /yr6 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Park Square JVC

What is 405 worth today?

Last sold for AED 1,940,518 in 2017

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6 Apr 2026RentedRenewal
AED 80,000/yr12 months · AED 40 per sqft
6 Apr 2025RentedRenewal
AED 76,230/yr12 months · AED 38 per sqft
6 Apr 2025RentedRenewal
AED 76,230/yr12 months · AED 38 per sqft
6 Apr 2024RentedRenewal
AED 69,300/yr12 months · AED 35 per sqft
6 Apr 2023RentedRenewal
AED 66,000/yr12 months · AED 33 per sqft
6 Apr 2022RentedRenewal
AED 66,000/yr12 months · AED 33 per sqft
6 Apr 2021RentedRenewal
AED 66,000/yr12 months · AED 33 per sqft
6 Apr 2020RentedNew contract
AED 60,000/yr12 months · AED 30 per sqft

Source: Dubai Land Department. Updated 6 April 2026.

Key facts

Type
2-bed apartment
Size
1,983 sqft
Floor
4th of 4
Parking
145
Developer
Sand Stone Properties
Completed
2016
Service charge
AED 23,600 /yr
Last sold
AED 1.94M · August 2017

About 405, Park Square JVC

405 is a two-bedroom apartment of 1,983 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 1,940,518, 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 10 Ejari contracts. The current contract, renewed on 6 April 2026, is AED 80,000 a year: a gross yield of 4.1% on the 2017 price, before the service charge of about AED 23,600 a year.

Sales and rents for 405 over time

Rents
Unit 405, 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, February 2018: AED 92,000 a yearRenewal, February 2019: AED 68,730 a yearNew contract, April 2020: AED 60,000 a yearRenewal, April 2021: AED 66,000 a yearRenewal, April 2022: AED 66,000 a yearRenewal, April 2023: AED 66,000 a yearRenewal, April 2024: AED 69,300 a yearRenewal, April 2025: AED 76,230 a yearRenewal, April 2025: AED 76,230 a yearRenewal, April 2026: AED 80,000 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 405 sits

All 28 2-beds →

405 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). 405's AED 80,000 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 4th floor

All 48 units in Park Square JVC
Value
4012-bedAED 1.5M · Aug 2017
4022-bedAED 1.5M · Aug 2017
4032-bedAED 1.98M · Aug 2017
4042-bedAED 2.06M · Aug 2017
4062-bedAED 1.68M · Aug 2017
4072-bedAED 1.6M · Aug 2017
4082-bedAED 1.57M · Aug 2017

405, Park Square JVC in numbers

  • Sold once: by Sand Stone Properties on 29 August 2017 for AED 1,940,518, or AED 978 per sqft.
  • Rented since February 2018 on 10 Ejari contracts. The rent fell from AED 92,000 to AED 60,000 in 2020 and recovered to AED 80,000 by April 2026.
  • At AED 80,000 a year the gross yield on the 2017 price is 4.1%, before a service charge of about AED 23,600 a year (AED 11.90 per sqft).

Source: Dubai Land Department. Updated 6 April 2026.

Questions about 405, Park Square JVC

What did unit 405 last sell for?

AED 1,940,518 on 29 August 2017, sold by the developer: AED 978 per sqft for 1,983 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 80,000 a year on the contract renewed on 6 April 2026. The previous contract, from April 2025, was AED 76,230; the unit has been rented since February 2018.

How big is unit 405?

1,983 sqft (184.2 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2016.

What is unit 405 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 405, Park Square JVC

Starts from the last sale price (AED 1.94M, 29 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,940,518
Deposit, UAE resident (20%)
AED 388,104
Deposit, non-resident (40%)
AED 776,207
Monthly over 25 years at 3.7%
AED 7,939

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