
1203, 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.
Property timeline for 1203, Park View Tower
What is 1203 worth today?
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Source: Dubai Land Department. Updated 15 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 913 sqft
- Floor
- 12th of 19
- Parking
- P1-43
- Developer
- Revi Real Estate Development
- Completed
- 2021
- Service charge
- AED 16,500 /yr
- Last sold
- AED 1.08M · July 2017
- Building
- Park View Tower
About 1203, Park View Tower
1203 is a one-bedroom apartment of 913 sqft on the 12th 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 5 July 2017 for AED 1,078,097, or AED 1,180 per sqft.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 15 June 2023, is AED 60,000 a year: a gross yield of 5.6% on the 2017 price, before the service charge of about AED 16,500 a year.
Sales and rents for 1203 over time
1203 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Park View Tower, and where 1203 sits
All 86 1-beds →Over the last 12 months one-beds sold for AED 935,000 to 1,050,000, around AED 1,095 per sqft, and rent for AED 48,000 to 104,000 a year. 1203's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Oct 20265 October 2026 | 913 sqft | 935,000 | 1,024 | ||
| 6 Aug 20266 August 2026 | 898 sqft | 39,382 | 43 | ||
| 27 Apr 202627 April 2026 | 913 sqft | 1,000,000 | 1,095 | ||
| 23 Feb 202623 February 2026 | 1,004 sqft | 999,000 | 994 |
Park View Tower
Building278 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%
Other units on the 12th floor
All 278 units in Park View Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,350 sqft | AED 1.04MAED 1,035,000 · Jan 2022January 2022 | ||
| 1202 | 1-bed | 900 sqft | AED 780KAED 780,000 · Mar 2022March 2022 | 82,000 /yr | |
| 1204 | 1-bed | 902 sqft | AED 930KAED 930,000 · Nov 2023November 2023 | 74,000 /yr | |
| 1205 | 2-bed | 1,355 sqft | AED 1.49MAED 1,487,752 · Feb 2018February 2018 | ||
| 1206 | 2-bed | 1,337 sqft | AED 1.1MAED 1,100,000 · Mar 2022March 2022 | 120,000 /yr | |
| 1207 | 1-bed | 898 sqft | AED 930KAED 930,000 · Nov 2024November 2024 | 75,000 /yr | |
| 1208 | 1-bed | 912 sqft | AED 1.04MAED 1,035,000 · Feb 2026February 2026 | 77,000 /yr | |
| 1209 | 1-bed | 898 sqft | AED 850KAED 850,000 · Jul 2022July 2022 | ||
| 1210 | 2-bed | 1,346 sqft | AED 1.2MAED 1,200,000 · Feb 2022February 2022 |
1203, Park View Tower in numbers
- Sold once: by Revi Real Estate Development on 5 July 2017 for AED 1,078,097, or AED 1,180 per sqft.
- Rented since June 2022 on 2 Ejari contracts, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2017 price is 5.6%, before a service charge of about AED 16,500 a year (AED 18.11 per sqft).
- One-beds in Park View Tower sold for AED 935,000–1,050,000 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 15 June 2023.
Questions about 1203, Park View Tower
What did unit 1203 last sell for?
AED 1,078,097 on 5 July 2017, sold by the developer: AED 1,180 per sqft for 913 sqft. It is the only registered sale of the unit.
What is the rent for unit 1203?
AED 60,000 a year on the contract renewed on 15 June 2023. The previous contract, from June 2022, was AED 60,000.
How big is unit 1203?
913 sqft (84.8 sqm): a one-bedroom apartment on the 12th floor of a 19-storey tower completed in 2021.
What is unit 1203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park View Tower sold for AED 935,000 to 1,050,000 in the last 12 months, around AED 1,095 per sqft.
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Mortgage on 1203, Park View Tower
Starts from the last sale price (AED 1.08M, 5 July 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,078,097
- Deposit, UAE resident (20%)
- AED 215,619
- Deposit, non-resident (40%)
- AED 431,239
- Monthly over 25 years at 3.7%
- AED 4,411
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →