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

1016, Park View Tower

Sold prices and rental history: sold once, by the developer in March 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1016 · DLD and Ejari recordsUpdated 23 March 2022
Last soldAED 520K23 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1016, Park View Tower

What is 1016 worth today?

Last sold for AED 520,000 in 2022

Unlock today's estimate, updated daily, with

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

23 Mar 2022Sold by developerReady
AED 520,000AED 1,097 per sqft

Source: Dubai Land Department. Updated 23 March 2022.

Key facts

Type
Studio apartment
Size
474 sqft
Floor
10th of 19
Parking
P2-33
Developer
Revi Real Estate Development
Completed
2021
Service charge
AED 8,600 /yr
Last sold
AED 520K · March 2022

About 1016, Park View Tower

1016 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 . The developer sold it on 23 March 2022 for AED 520,000, or AED 1,097 per sqft, 36% above the AED 808 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1016 over time

Sales
Unit 1016, 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, March 2022: AED 520,000 (AED 1,097 per sqft)

1016 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1016, each contractTypical studio in Park View Tower
40K50K2021202320252027Typical 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 50,000

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 1016 sits

All 156 studios →

1016 last sold in March 2022 at AED 1,097 per sqft, 36% above what studios in Park View Tower were fetching at the time (AED 808). 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.

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

1016, Park View Tower in numbers

  • Sold once: by Revi Real Estate Development on 23 March 2022 for AED 520,000, or AED 1,097 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 23 March 2022.

Questions about 1016, Park View Tower

What did unit 1016 last sell for?

AED 520,000 on 23 March 2022, sold by the developer: AED 1,097 per sqft for 474 sqft. It is the only registered sale of the unit.

How big is unit 1016?

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

What is unit 1016 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.

Selling 1016? 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 1016, Park View Tower

Starts from the last sale price (AED 520K, 23 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

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