2-bed · 1,350 sqftPark View Tower, Jumeirah Village Circle (JVC) · 15th floor · completed 2021

1501, Park View Tower

Sold prices and rental history: sold once, by the developer in January 2022, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 20 August 2026
Last soldAED 1.25M6 January 2022
Current rentAED 105K /yr20 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, Park View Tower

What is 1501 worth today?

Last sold for AED 1,248,000 in 2022

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20 Aug 2026RentedNew contract
AED 105,000/yr12 months · AED 78 per sqft
6 Jan 2022Sold by developerReady
AED 1,248,000AED 924 per sqft

Source: Dubai Land Department. Updated 20 August 2026.

Key facts

Type
2-bed apartment
Size
1,350 sqft
Floor
15th of 19
Parking
B-24
Developer
Revi Real Estate Development
Completed
2021
Service charge
AED 24,500 /yr
Last sold
AED 1.25M · January 2022

About 1501, Park View Tower

1501 is a two-bedroom apartment of 1,350 sqft on the 15th 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 6 January 2022 for AED 1,248,000, or AED 924 per sqft, 14% above the AED 808 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 August 2026. The current contract, signed on 20 August 2026, is AED 105,000 a year: a gross yield of 8.4% on the 2022 price, before the service charge of about AED 24,500 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, each saleTypical two-bed in Park View Tower
1M1.5M20212022202320242025Typical 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, January 2022: AED 1,248,000 (AED 924 per sqft)

1501 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1501, 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, August 2026: AED 105,000 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 1501 sits

All 32 2-beds →

1501 last sold in January 2022 at AED 924 per sqft, 14% above what two-beds in Park View Tower were fetching at the time (AED 808). 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. 1501's AED 105,000 is in the lower half 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
7 Nov 20241,720,000
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 15th floor

All 278 units in Park View Tower
Value
15021-bedAED 825K · Apr 2022
15031-bedAED 935K · Oct 2026
15041-bedAED 885K · Mar 2022
15052-bedAED 1.25M · Apr 2023
15062-bedAED 1.18M · Dec 2021
15071-bedAED 840K · Apr 2022
15081-bedAED 890K · Aug 2022
1–7 of 9

1501, Park View Tower in numbers

  • Sold once: by Revi Real Estate Development on 6 January 2022 for AED 1,248,000, or AED 924 per sqft.
  • Rented since August 2026 on one Ejari contract, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 8.4%, 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 20 August 2026.

Questions about 1501, Park View Tower

What did unit 1501 last sell for?

AED 1,248,000 on 6 January 2022, sold by the developer: AED 924 per sqft for 1,350 sqft. It is the only registered sale of the unit.

What is the rent for unit 1501?

AED 105,000 a year on the contract signed on 20 August 2026.

How big is unit 1501?

1,350 sqft (125.4 sqm): a two-bedroom apartment on the 15th floor of a 19-storey tower completed in 2021.

What is unit 1501 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 1501, Park View Tower

Starts from the last sale price (AED 1.25M, 6 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,248,000
Deposit, UAE resident (20%)
AED 249,600
Deposit, non-resident (40%)
AED 499,200
Monthly over 25 years at 3.7%
AED 5,106

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