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Studio · 474 sqftPark View Tower, Jumeirah Village Circle (JVC) · 10th floor · completed 2021

1015, Park View Tower

Sold prices and rental history: sold twice, last in November 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1015 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 700K18 November 2024
Current rentAED 60K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1015, Park View Tower

What is 1015 worth today?

Last sold for AED 700,000 in 2024

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1 Apr 2025RentedNew contract
AED 60,000/yr12 months · AED 127 per sqft
1 Apr 2025RentedNew contract
AED 60,000/yr12 months · AED 127 per sqft
18 Nov 2024SoldReady
AED 700,000AED 1,477 per sqft
20 Sep 2022RentedNew contract
AED 40,000/yr12 months · AED 84 per sqft
13 Jul 2022Sold by developerReady
AED 515,000AED 1,086 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
Studio apartment
Size
474 sqft
Floor
10th of 19
Parking
P2-34
Developer
Revi Real Estate Development
Completed
2021
Service charge
AED 8,600 /yr
Last sold
AED 700K · November 2024
Building
Park View Tower

About 1015, Park View Tower

1015 is a studio of 474 sqft on the 10th floor of Park View Tower, a 19-storey tower in Jumeirah Village Circle (JVC) completed in 2021 by Revi Real Estate Development . It last sold on 18 November 2024 for AED 700,000, or AED 1,477 per sqft, 16% above the AED 1,278 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 April 2025, is AED 60,000 a year: a gross yield of 8.6% on the 2024 price, before the service charge of about AED 8,600 a year.

Sales and rents for 1015 over time

Sales
Unit 1015, each saleTypical studio in Park View Tower
400K600K2017202020232026Typical sale price by year: 2017 AED 577,641; 2018 AED 562,000; 2021 AED 369,729; 2022 AED 517,500; 2023 AED 557,500; 2024 AED 612,500; 2025 AED 645,000; 2026 AED 620,000Sold by developer, July 2022: AED 515,000 (AED 1,086 per sqft)Sold, November 2024: AED 700,000 (AED 1,477 per sqft)

1015 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1015, each contractTypical studio in Park View Tower
40K60K2021202320252027Typical rent by year: 2021 AED 37,500; 2022 AED 45,000; 2023 AED 48,000; 2024 AED 52,000; 2025 AED 55,000; 2026 AED 50,000New contract, September 2022: AED 40,000 a yearNew contract, April 2025: AED 60,000 a yearNew contract, April 2025: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Park View Tower, and where 1015 sits

All 156 studios →

1015 last sold in November 2024 at AED 1,477 per sqft, 16% above what studios in Park View Tower were fetching at the time (AED 1,278). Over the last 12 months studios sold for AED 141,595 to 787,608, around AED 1,384 per sqft, and rent for AED 24,000 to 110,000 a year. 1015's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
24 Sep 2026600,000
27 Jul 2026141,595
11 Jun 2026545,000
27 Apr 2026660,000
10 studio sales in the last 12 months

Park View Tower

Building

278 apartments, studios to 3-bed over 19 floors in Jumeirah Village Circle (JVC), completed in 2021 by Revi Real Estate Development . 17 sold in the last 12 months.

Typical price per sqft
AED 1,217 Down 8.6%
Typical sale
AED 673K
Typical rent
AED 57K /yr
Typical yield
7.9%
Park View Tower, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 10th floor

All 278 units in Park View Tower
Value
1001StudioAED 485K · Jul 2022
10021-bedAED 940K · Aug 2022
1003StudioAED 587K · Jul 2017
1004StudioAED 574K · Aug 2017
1005StudioAED 578K · Dec 2017
1006StudioAED 578K · Jul 2017
1007StudioAED 640K · Mar 2025
1–7 of 19

1015, Park View Tower in numbers

  • Sold twice: first on 13 July 2022 for AED 515,000, last on 18 November 2024 for AED 700,000 (AED 1,477 per sqft).
  • Rented since September 2022 on 3 Ejari contracts, from AED 40,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 8.6%, before a service charge of about AED 8,600 a year (AED 18.11 per sqft).
  • Studios in Park View Tower sold for AED 141,595–787,608 in the 12 months to November 2026; the building's median across all types is AED 1,217 per sqft.

Source: Dubai Land Department. Updated 1 April 2025.

Questions about 1015, Park View Tower

What did unit 1015 last sell for?

AED 700,000 on 18 November 2024: AED 1,477 per sqft for 474 sqft. The unit has 2 registered sales; the first was AED 515,000 in July 2022.

What is the rent for unit 1015?

AED 60,000 a year on the contract signed on 1 April 2025. The previous contract, from April 2025, was AED 60,000; the unit has been rented since September 2022.

How big is unit 1015?

474 sqft (44.0 sqm): a studio on the 10th floor of a 19-storey tower completed in 2021.

What is unit 1015 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Park View Tower sold for AED 141,595 to 787,608 in the last 12 months, around AED 1,384 per sqft.

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Mortgage on 1015, Park View Tower

Starts from the last sale price (AED 700K, 18 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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