2-bed · 1,719 sqftPark Square JVC, Jumeirah Village Circle (JVC) · 4th floor · completed 2016

406, 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 406 · DLD and Ejari recordsUpdated 22 July 2026
Last soldAED 1.68M29 August 2017
Current rentAED 90K /yr22 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Park Square JVC

What is 406 worth today?

Last sold for AED 1,682,173 in 2017

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22 Jul 2026RentedNew contract
AED 90,000/yr12 months · AED 52 per sqft
12 Sep 2025RentedNew contract
AED 90,000/yr12 months · AED 52 per sqft
1 Sep 2024RentedRenewal
AED 85,000/yr12 months · AED 49 per sqft
1 Sep 2023RentedNew contract
AED 85,000/yr12 months · AED 49 per sqft
1 Aug 2022RentedRenewal
AED 65,000/yr12 months · AED 38 per sqft
1 Aug 2021RentedRenewal
AED 60,000/yr12 months · AED 35 per sqft
1 Aug 2020RentedNew contract
AED 60,000/yr12 months · AED 35 per sqft
25 Jun 2019RentedRenewal
AED 78,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 22 July 2026.

Key facts

Type
2-bed apartment
Size
1,719 sqft
Floor
4th of 4
Parking
146
Developer
Sand Stone Properties
Completed
2016
Service charge
AED 20,500 /yr
Last sold
AED 1.68M · August 2017

About 406, Park Square JVC

406 is a two-bedroom apartment of 1,719 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 1,682,173, 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 10 Ejari contracts. The current contract, signed on 22 July 2026, is AED 90,000 a year: a gross yield of 5.3% on the 2017 price, before the service charge of about AED 20,500 a year.

Sales and rents for 406 over time

Rents
Unit 406, 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, December 2017: AED 94,000 a yearRenewal, December 2018: AED 88,000 a yearRenewal, June 2019: AED 78,000 a yearNew contract, August 2020: AED 60,000 a yearRenewal, August 2021: AED 60,000 a yearRenewal, August 2022: AED 65,000 a yearNew contract, September 2023: AED 85,000 a yearRenewal, September 2024: AED 85,000 a yearNew contract, September 2025: AED 90,000 a yearNew contract, July 2026: AED 90,000 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 406 sits

All 28 2-beds →

406 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). 406's AED 90,000 is at the top 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
4052-bedAED 1.94M · Aug 2017
4072-bedAED 1.6M · Aug 2017
4082-bedAED 1.57M · Aug 2017

406, Park Square JVC in numbers

  • Sold once: by Sand Stone Properties on 29 August 2017 for AED 1,682,173, or AED 978 per sqft.
  • Rented since December 2017 on 10 Ejari contracts. The rent fell from AED 94,000 to AED 60,000 in 2021 and recovered to AED 90,000 by July 2026.
  • At AED 90,000 a year the gross yield on the 2017 price is 5.3%, before a service charge of about AED 20,500 a year (AED 11.90 per sqft).

Source: Dubai Land Department. Updated 22 July 2026.

Questions about 406, Park Square JVC

What did unit 406 last sell for?

AED 1,682,173 on 29 August 2017, sold by the developer: AED 978 per sqft for 1,719 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 90,000 a year on the contract signed on 22 July 2026. The previous contract, from September 2025, was AED 90,000; the unit has been rented since December 2017.

How big is unit 406?

1,719 sqft (159.7 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2016.

What is unit 406 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 406, Park Square JVC

Starts from the last sale price (AED 1.68M, 29 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,682,173
Deposit, UAE resident (20%)
AED 336,435
Deposit, non-resident (40%)
AED 672,869
Monthly over 25 years at 3.7%
AED 6,882

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