Studio · 461 sqftPark View Tower, Jumeirah Village Circle (JVC) · 1st floor · completed 2021

103, Park View Tower

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

Unit 103 · DLD and Ejari recordsUpdated 22 November 2024
Last soldAED 487K2 June 2022
Current rentAED 53K /yr22 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Park View Tower

What is 103 worth today?

Last sold for AED 486,840 in 2022

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22 Nov 2024RentedNew contract
AED 53,000/yr12 months · AED 115 per sqft
5 Aug 2023RentedNew contract
AED 48,000/yr12 months · AED 104 per sqft
15 Jul 2022RentedNew contract
AED 43,000/yr12 months · AED 93 per sqft
2 Jun 2022Sold by developerReady
AED 486,840AED 1,055 per sqft

Source: Dubai Land Department. Updated 22 November 2024.

Key facts

Type
Studio apartment
Size
461 sqft
Floor
1st of 19
Parking
P4-62
Developer
Revi Real Estate Development
Completed
2021
Service charge
AED 8,400 /yr
Last sold
AED 487K · June 2022

About 103, Park View Tower

103 is a studio of 461 sqft on the 1st 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 2 June 2022 for AED 486,840, or AED 1,055 per sqft, 11% above the AED 949 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 22 November 2024, is AED 53,000 a year: a gross yield of 10.9% on the 2022 price, before the service charge of about AED 8,400 a year.

Sales and rents for 103 over time

Sales
Unit 103, 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, June 2022: AED 486,840 (AED 1,055 per sqft)

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

Rents
Unit 103, 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, July 2022: AED 43,000 a yearNew contract, August 2023: AED 48,000 a yearNew contract, November 2024: AED 53,000 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 103 sits

All 156 studios →

103 last sold in June 2022 at AED 1,055 per sqft, 11% above what studios in Park View Tower were fetching at the time (AED 949). 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. 103's AED 53,000 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 1st floor

All 278 units in Park View Tower
Value
101StudioAED 500K · Nov 2022
1021-bedAED 915K · Sep 2022
104StudioAED 559K · Jul 2017
105StudioAED 500K · Aug 2022
106StudioAED 600K · Feb 2026
107StudioAED 630K · Sep 2025
108StudioAED 690K · May 2024
1–7 of 13

103, Park View Tower in numbers

  • Sold once: by Revi Real Estate Development on 2 June 2022 for AED 486,840, or AED 1,055 per sqft.
  • Rented since July 2022 on 3 Ejari contracts, from AED 43,000 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2022 price is 10.9%, before a service charge of about AED 8,400 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 22 November 2024.

Questions about 103, Park View Tower

What did unit 103 last sell for?

AED 486,840 on 2 June 2022, sold by the developer: AED 1,055 per sqft for 461 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 53,000 a year on the contract signed on 22 November 2024. The previous contract, from August 2023, was AED 48,000; the unit has been rented since July 2022.

How big is unit 103?

461 sqft (42.8 sqm): a studio on the 1st floor of a 19-storey tower completed in 2021.

What is unit 103 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 103, Park View Tower

Starts from the last sale price (AED 487K, 2 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 486,840
Deposit, UAE resident (20%)
AED 97,368
Deposit, non-resident (40%)
AED 194,736
Monthly over 25 years at 3.7%
AED 1,992

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