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1-bed · 912 sqftPark View Tower, Jumeirah Village Circle (JVC) · 14th floor · completed 2021

1408, Park View Tower

Sold prices and rental history: sold twice, last in October 2023, and rented once, from March 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 2 October 2023
Last soldAED 1.05M2 October 2023
Current rentAED 75K /yr15 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1408, Park View Tower

What is 1408 worth today?

Last sold for AED 1,050,000 in 2023

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2 Oct 2023SoldReady
AED 1,050,000AED 1,151 per sqft
26 Apr 2022Sold by developerReady
AED 890,000AED 975 per sqft
15 Mar 2022RentedNew contract
AED 75,000/yr13 months · AED 82 per sqft

Source: Dubai Land Department. Updated 2 October 2023.

Key facts

Type
1-bed apartment
Size
912 sqft
Floor
14th of 19
Parking
P1-28
Developer
Revi Real Estate Development
Completed
2021
Service charge
AED 16,500 /yr
Last sold
AED 1.05M · October 2023
Building
Park View Tower

About 1408, Park View Tower

1408 is a one-bedroom apartment of 912 sqft on the 14th 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 2 October 2023 for AED 1,050,000, or AED 1,151 per sqft, 14% above the AED 1,012 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 March 2022. The current contract, signed on 15 March 2022, is AED 75,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 16,500 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, each saleTypical one-bed in Park View Tower
500K1M20192021202320252027Typical sale price by year: 2019 AED 464,661; 2020 AED 645,225; 2021 AED 769,201; 2022 AED 875,000; 2023 AED 965,000; 2024 AED 1,040,000; 2025 AED 1,100,000; 2026 AED 1,000,000Sold by developer, April 2022: AED 890,000 (AED 975 per sqft)Sold, October 2023: AED 1,050,000 (AED 1,151 per sqft)

1408 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1408, each contractTypical one-bed in Park View Tower
70K80K2021202320252027Typical rent by year: 2021 AED 70,000; 2022 AED 75,000; 2023 AED 78,750; 2024 AED 84,886; 2025 AED 85,000; 2026 AED 76,825New contract, March 2022: AED 75,000 a year

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 1408 sits

All 86 1-beds →

1408 last sold in October 2023 at AED 1,151 per sqft, 14% above what one-beds in Park View Tower were fetching at the time (AED 1,012). 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. 1408's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Oct 2026935,000
6 Aug 202639,382
27 Apr 20261,000,000
23 Feb 2026999,000
6 1-bed 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 14th floor

All 278 units in Park View Tower
Value
14012-bedAED 1.17M · Feb 2022
14021-bedAED 787K · Jan 2022
14031-bedAED 820K · Jun 2022
14041-bedAED 865K · Jun 2022
14052-bedAED 1.17M · Sep 2021
14062-bedAED 1.16M · Jan 2022
14071-bedAED 1.05M · Jan 2026
1–7 of 9

1408, Park View Tower in numbers

  • Sold twice: first on 26 April 2022 for AED 890,000, last on 2 October 2023 for AED 1,050,000 (AED 1,151 per sqft).
  • Rented since March 2022 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 7.1%, 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 2 October 2023.

Questions about 1408, Park View Tower

What did unit 1408 last sell for?

AED 1,050,000 on 2 October 2023: AED 1,151 per sqft for 912 sqft. The unit has 2 registered sales; the first was AED 890,000 in April 2022.

What is the rent for unit 1408?

AED 75,000 a year on the contract signed on 15 March 2022.

How big is unit 1408?

912 sqft (84.7 sqm): a one-bedroom apartment on the 14th floor of a 19-storey tower completed in 2021.

What is unit 1408 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 1408, Park View Tower

Starts from the last sale price (AED 1.05M, 2 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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