1-bed · 902 sqftPark View Tower, Jumeirah Village Circle (JVC) · 15th floor · completed 2021

1504, Park View Tower

Sold prices and rental history: sold once, by the developer in March 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 7 March 2022
Last soldAED 885K7 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Park View Tower

What is 1504 worth today?

Last sold for AED 885,000 in 2022

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7 Mar 2022Sold by developerReady
AED 885,000AED 981 per sqft

Source: Dubai Land Department. Updated 7 March 2022.

Key facts

Type
1-bed apartment
Size
902 sqft
Floor
15th of 19
Parking
P1-23
Developer
Revi Real Estate Development
Completed
2021
Service charge
AED 16,300 /yr
Last sold
AED 885K · March 2022

About 1504, Park View Tower

1504 is a one-bedroom apartment of 902 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 7 March 2022 for AED 885,000, or AED 981 per sqft, 24% above the AED 791 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1504 over time

Sales
Unit 1504, 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, March 2022: AED 885,000 (AED 981 per sqft)

1504 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1504, 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 76,825

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 1504 sits

All 86 1-beds →

1504 last sold in March 2022 at AED 981 per sqft, 24% above what one-beds in Park View Tower were fetching at the time (AED 791). 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.

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 15th floor

All 278 units in Park View Tower
Value
15012-bedAED 1.25M · Jan 2022
15021-bedAED 825K · Apr 2022
15031-bedAED 935K · Oct 2026
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

1504, Park View Tower in numbers

  • Sold once: by Revi Real Estate Development on 7 March 2022 for AED 885,000, or AED 981 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 7 March 2022.

Questions about 1504, Park View Tower

What did unit 1504 last sell for?

AED 885,000 on 7 March 2022, sold by the developer: AED 981 per sqft for 902 sqft. It is the only registered sale of the unit.

How big is unit 1504?

902 sqft (83.8 sqm): a one-bedroom apartment on the 15th floor of a 19-storey tower completed in 2021.

What is unit 1504 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 1504, Park View Tower

Starts from the last sale price (AED 885K, 7 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 885,000
Deposit, UAE resident (20%)
AED 177,000
Deposit, non-resident (40%)
AED 354,000
Monthly over 25 years at 3.7%
AED 3,621

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