408, 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.
Property timeline for 408, Park Square JVC
What is 408 worth today?
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Source: Dubai Land Department. Updated 20 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,606 sqft
- Floor
- 4th of 4
- Parking
- 148
- Developer
- Sand Stone Properties
- Completed
- 2016
- Service charge
- AED 19,100 /yr
- Last sold
- AED 1.57M · August 2017
- Building
- Park Square JVC
About 408, Park Square JVC
408 is a two-bedroom apartment of 1,606 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 1,571,594, 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 11 Ejari contracts. The current contract, renewed on 20 July 2026, is AED 78,000 a year: a gross yield of 5.0% on the 2017 price, before the service charge of about AED 19,100 a year.
Sales and rents for 408 over time
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 408 sits
All 28 2-beds →408 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). 408's AED 78,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Aug 201729 August 2017 | 1,533 sqft | 1,500,158 | 978 | ||
| 29 Aug 201729 August 2017 | 1,544 sqft | 1,510,922 | 978 | ||
| 29 Aug 201729 August 2017 | 1,352 sqft | 1,323,036 | 978 | ||
| 29 Aug 201729 August 2017 | 1,531 sqft | 1,498,201 | 978 |
Park Square JVC
Building48 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
Other units on the 4th floor
All 48 units in Park Square JVC| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,531 sqft | AED 1.5MAED 1,498,201 · Aug 2017August 2017 | 90,000 /yr | |
| 402 | 2-bed | 1,533 sqft | AED 1.5MAED 1,500,158 · Aug 2017August 2017 | 62,000 /yr | |
| 403 | 2-bed | 2,020 sqft | AED 1.98MAED 1,976,725 · Aug 2017August 2017 | 80,000 /yr | |
| 404 | 2-bed | 2,103 sqft | AED 2.06MAED 2,057,947 · Aug 2017August 2017 | 85,000 /yr | |
| 405 | 2-bed | 1,983 sqft | AED 1.94MAED 1,940,518 · Aug 2017August 2017 | 80,000 /yr | |
| 406 | 2-bed | 1,719 sqft | AED 1.68MAED 1,682,173 · Aug 2017August 2017 | 90,000 /yr | |
| 407 | 2-bed | 1,638 sqft | AED 1.6MAED 1,602,909 · Aug 2017August 2017 | 85,000 /yr |
408, Park Square JVC in numbers
- Sold once: by Sand Stone Properties on 29 August 2017 for AED 1,571,594, or AED 978 per sqft.
- Rented since December 2017 on 11 Ejari contracts. The rent fell from AED 100,000 to AED 63,000 in 2022 and recovered to AED 78,000 by July 2026.
- At AED 78,000 a year the gross yield on the 2017 price is 5.0%, before a service charge of about AED 19,100 a year (AED 11.90 per sqft).
Source: Dubai Land Department. Updated 20 July 2026.
Questions about 408, Park Square JVC
What did unit 408 last sell for?
AED 1,571,594 on 29 August 2017, sold by the developer: AED 978 per sqft for 1,606 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 78,000 a year on the contract renewed on 20 July 2026. The previous contract, from July 2025, was AED 78,000; the unit has been rented since December 2017.
How big is unit 408?
1,606 sqft (149.2 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2016.
What is unit 408 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 408, Park Square JVC
Starts from the last sale price (AED 1.57M, 29 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,571,594
- Deposit, UAE resident (20%)
- AED 314,319
- Deposit, non-resident (40%)
- AED 628,638
- Monthly over 25 years at 3.7%
- AED 6,430
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →