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Studio · 420 sqftPark View Tower, Jumeirah Village Circle (JVC) · 10th floor · completed 2021

1020, Park View Tower

Sold prices and rental history: sold once, by the developer in July 2017, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1020 · DLD and Ejari recordsUpdated 31 August 2025
Last soldAED 507K17 July 2017
Current rentAED 48K /yr31 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1020, Park View Tower

What is 1020 worth today?

Last sold for AED 506,891 in 2017

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31 Aug 2025RentedRenewal
AED 48,000/yr12 months · AED 114 per sqft
31 Aug 2024RentedNew contract
AED 48,000/yr12 months · AED 114 per sqft
1 Nov 2022RentedNew contract
AED 45,000/yr12 months · AED 107 per sqft
17 Jul 2017Sold by developerOff-plan
AED 506,891AED 1,206 per sqft

Source: Dubai Land Department. Updated 31 August 2025.

Key facts

Type
Studio apartment
Size
420 sqft
Floor
10th of 19
Parking
P2-30
Developer
Revi Real Estate Development
Completed
2021
Service charge
AED 7,600 /yr
Last sold
AED 507K · July 2017
Building
Park View Tower

About 1020, Park View Tower

1020 is a studio of 420 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 17 July 2017 for AED 506,891, or AED 1,206 per sqft, in line with the AED 1,229 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 31 August 2025, is AED 48,000 a year: a gross yield of 9.5% on the 2017 price, before the service charge of about AED 7,600 a year.

Sales and rents for 1020 over time

Sales
Unit 1020, 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 2017: AED 506,891 (AED 1,206 per sqft)

1020 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1020, 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 50,000New contract, November 2022: AED 45,000 a yearNew contract, August 2024: AED 48,000 a yearRenewal, August 2025: AED 48,000 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 1020 sits

All 156 studios →

1020 last sold in July 2017 at AED 1,206 per sqft, in line with what studios in Park View Tower were fetching at the time (AED 1,229). 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. 1020's AED 48,000 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

1020, Park View Tower in numbers

  • Sold once: by Revi Real Estate Development on 17 July 2017 for AED 506,891, or AED 1,206 per sqft.
  • Rented since November 2022 on 3 Ejari contracts, from AED 45,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2017 price is 9.5%, before a service charge of about AED 7,600 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 31 August 2025.

Questions about 1020, Park View Tower

What did unit 1020 last sell for?

AED 506,891 on 17 July 2017, sold by the developer: AED 1,206 per sqft for 420 sqft. It is the only registered sale of the unit.

What is the rent for unit 1020?

AED 48,000 a year on the contract renewed on 31 August 2025. The previous contract, from August 2024, was AED 48,000; the unit has been rented since November 2022.

How big is unit 1020?

420 sqft (39.0 sqm): a studio on the 10th floor of a 19-storey tower completed in 2021.

What is unit 1020 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 1020, Park View Tower

Starts from the last sale price (AED 507K, 17 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 506,891
Deposit, UAE resident (20%)
AED 101,378
Deposit, non-resident (40%)
AED 202,756
Monthly over 25 years at 3.7%
AED 2,074

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