2-bed · 1,638 sqftPark Square JVC, Jumeirah Village Circle (JVC) · 4th floor · completed 2016

407, 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 407 · DLD and Ejari recordsUpdated 10 October 2025
Last soldAED 1.6M29 August 2017
Current rentAED 85K /yr10 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Park Square JVC

What is 407 worth today?

Last sold for AED 1,602,909 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Oct 2025RentedRenewal
AED 85,000/yr12 months · AED 52 per sqft
10 Oct 2024RentedRenewal
AED 85,000/yr12 months · AED 52 per sqft
10 Oct 2023RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft
21 Jan 2021RentedNew contract
AED 63,000/yr12 months · AED 38 per sqft
21 Jul 2019RentedNew contract
AED 65,000/yr13 months · AED 40 per sqft
15 Apr 2018RentedNew contract
AED 84,765/yr12 months · AED 52 per sqft
29 Aug 2017Sold by developerOff-plan
AED 1,602,909AED 978 per sqft

Source: Dubai Land Department. Updated 10 October 2025.

Key facts

Type
2-bed apartment
Size
1,638 sqft
Floor
4th of 4
Parking
147
Developer
Sand Stone Properties
Completed
2016
Service charge
AED 19,500 /yr
Last sold
AED 1.6M · August 2017

About 407, Park Square JVC

407 is a two-bedroom apartment of 1,638 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 1,602,909, 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 6 Ejari contracts. The current contract, renewed on 10 October 2025, is AED 85,000 a year: a gross yield of 5.3% on the 2017 price, before the service charge of about AED 19,500 a year.

Sales and rents for 407 over time

Rents
Unit 407, 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, April 2018: AED 84,765 a yearNew contract, July 2019: AED 65,000 a yearNew contract, January 2021: AED 63,000 a yearNew contract, October 2023: AED 85,000 a yearRenewal, October 2024: AED 85,000 a yearRenewal, October 2025: AED 85,000 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 407 sits

All 28 2-beds →

407 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). 407's AED 85,000 is in the upper 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
4052-bedAED 1.94M · Aug 2017
4062-bedAED 1.68M · Aug 2017
4082-bedAED 1.57M · Aug 2017

407, Park Square JVC in numbers

  • Sold once: by Sand Stone Properties on 29 August 2017 for AED 1,602,909, or AED 978 per sqft.
  • Rented since April 2018 on 6 Ejari contracts. The rent fell from AED 84,765 to AED 63,000 in 2021 and recovered to AED 85,000 by October 2025.
  • At AED 85,000 a year the gross yield on the 2017 price is 5.3%, before a service charge of about AED 19,500 a year (AED 11.90 per sqft).

Source: Dubai Land Department. Updated 10 October 2025.

Questions about 407, Park Square JVC

What did unit 407 last sell for?

AED 1,602,909 on 29 August 2017, sold by the developer: AED 978 per sqft for 1,638 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 85,000 a year on the contract renewed on 10 October 2025. The previous contract, from October 2024, was AED 85,000; the unit has been rented since April 2018.

How big is unit 407?

1,638 sqft (152.2 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2016.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 407? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 407, Park Square JVC

Starts from the last sale price (AED 1.6M, 29 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,602,909
Deposit, UAE resident (20%)
AED 320,582
Deposit, non-resident (40%)
AED 641,164
Monthly over 25 years at 3.7%
AED 6,558

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