2-bed · 1,350 sqftPark View Tower, Jumeirah Village Circle (JVC) · 11th floor · completed 2021

1106, 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 1106 · DLD and Ejari recordsUpdated 7 November 2024
Last soldAED 1.72M7 November 2024
Current rentAED 90K /yr28 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106, Park View Tower

What is 1106 worth today?

Last sold for AED 1,720,000 in 2024

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7 Nov 2024SoldReady
AED 1,720,000AED 1,273 per sqft
28 Jan 2024RentedRenewal
AED 90,000/yr12 months · AED 67 per sqft
28 Jan 2023RentedRenewal
AED 90,000/yr12 months · AED 67 per sqft
28 Jan 2022RentedNew contract
AED 88,000/yr12 months · AED 65 per sqft
27 Dec 2021Sold by developerReady
AED 1,140,000AED 844 per sqft

Source: Dubai Land Department. Updated 7 November 2024.

Key facts

Type
2-bed apartment
Size
1,350 sqft
Floor
11th of 19
Parking
B-47
Developer
Revi Real Estate Development
Completed
2021
Service charge
AED 24,500 /yr
Last sold
AED 1.72M · November 2024

About 1106, Park View Tower

1106 is a two-bedroom apartment of 1,350 sqft on the 11th 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 7 November 2024 for AED 1,720,000, or AED 1,273 per sqft, in line with the AED 1,267 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 28 January 2024, is AED 90,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 24,500 a year.

Sales and rents for 1106 over time

Sales
Unit 1106, each saleTypical two-bed in Park View Tower
1M1.5M202120232025Typical sale price by year: 2021 AED 1,089,000; 2022 AED 1,172,500; 2023 AED 1,305,000; 2024 AED 1,700,000Sold by developer, December 2021: AED 1,140,000 (AED 844 per sqft)Sold, November 2024: AED 1,720,000 (AED 1,273 per sqft)

1106 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1106, each contractTypical two-bed in Park View Tower
100K120K2021202320252027Typical rent by year: 2021 AED 90,000; 2022 AED 92,000; 2023 AED 95,000; 2024 AED 100,298; 2025 AED 125,000; 2026 AED 105,000New contract, January 2022: AED 88,000 a yearRenewal, January 2023: AED 90,000 a yearRenewal, January 2024: AED 90,000 a year

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

2-beds in Park View Tower, and where 1106 sits

All 32 2-beds →

1106 last sold in November 2024 at AED 1,273 per sqft, in line with what two-beds in Park View Tower were fetching at the time (AED 1,267). Over the last 12 months two-beds sold for AED 1,390,000, around AED 1,029 per sqft, and rent for AED 90,000 to 130,000 a year. 1106's AED 90,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Oct 20261,390,000
18 Dec 20241,517,739
16 Dec 20241,765,000
22 Oct 20241,700,000
1 2-bed sale 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 11th floor

All 278 units in Park View Tower
Value
11012-bedAED 1.13M · Dec 2021
11021-bedAED 850K · Jul 2022
11031-bedAED 950K · Apr 2023
11041-bedAED 554K · Mar 2025
11052-bedAED 1.48M · Jan 2024
11071-bedAED 980K · Apr 2024
11081-bedAED 1.1M · Jul 2025
1–7 of 9

1106, Park View Tower in numbers

  • Sold twice: first on 27 December 2021 for AED 1,140,000, last on 7 November 2024 for AED 1,720,000 (AED 1,273 per sqft).
  • Rented since January 2022 on 3 Ejari contracts, from AED 88,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 24,500 a year (AED 18.11 per sqft).
  • Two-beds in Park View Tower sold for AED 1,390,000–1,390,000 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 7 November 2024.

Questions about 1106, Park View Tower

What did unit 1106 last sell for?

AED 1,720,000 on 7 November 2024: AED 1,273 per sqft for 1,350 sqft. The unit has 2 registered sales; the first was AED 1,140,000 in December 2021.

What is the rent for unit 1106?

AED 90,000 a year on the contract renewed on 28 January 2024. The previous contract, from January 2023, was AED 90,000; the unit has been rented since January 2022.

How big is unit 1106?

1,350 sqft (125.4 sqm): a two-bedroom apartment on the 11th floor of a 19-storey tower completed in 2021.

What is unit 1106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Park View Tower sold for AED 1,390,000 to 1,390,000 in the last 12 months, around AED 1,029 per sqft.

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Mortgage on 1106, Park View Tower

Starts from the last sale price (AED 1.72M, 7 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,720,000
Deposit, UAE resident (20%)
AED 344,000
Deposit, non-resident (40%)
AED 688,000
Monthly over 25 years at 3.7%
AED 7,037

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