2-bed · 1,355 sqftPark View Tower, Jumeirah Village Circle (JVC) · 15th floor · completed 2021

1505, Park View Tower

Sold prices and rental history: sold twice, last in April 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 26 April 2023
Last soldAED 1.25M26 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, Park View Tower

What is 1505 worth today?

Last sold for AED 1,250,000 in 2023

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26 Apr 2023SoldReady
AED 1,250,000AED 922 per sqft
8 Jan 2020Sold by developerOff-plan
AED 388,285AED 286 per sqft

Source: Dubai Land Department. Updated 26 April 2023.

Key facts

Type
2-bed apartment
Size
1,355 sqft
Floor
15th of 19
Parking
B-23
Developer
Revi Real Estate Development
Completed
2021
Service charge
AED 24,500 /yr
Last sold
AED 1.25M · April 2023

About 1505, Park View Tower

1505 is a two-bedroom apartment of 1,355 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 . It last sold on 26 April 2023 for AED 1,250,000, or AED 922 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1505 over time

Sales
Unit 1505, each saleTypical two-bed in Park View Tower
1M202020222024Typical 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 2020: AED 388,285 (AED 286 per sqft)Sold, April 2023: AED 1,250,000 (AED 922 per sqft)

1505 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1505, 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 105,000

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 1505 sits

All 32 2-beds →

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.

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
15012-bedAED 1.25M · Jan 2022
15021-bedAED 825K · Apr 2022
15031-bedAED 935K · Oct 2026
15041-bedAED 885K · Mar 2022
15062-bedAED 1.18M · Dec 2021
15071-bedAED 840K · Apr 2022
15081-bedAED 890K · Aug 2022
1–7 of 9

1505, Park View Tower in numbers

  • Sold twice: first on 8 January 2020 for AED 388,285, last on 26 April 2023 for AED 1,250,000 (AED 922 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 26 April 2023.

Questions about 1505, Park View Tower

What did unit 1505 last sell for?

AED 1,250,000 on 26 April 2023: AED 922 per sqft for 1,355 sqft. The unit has 2 registered sales; the first was AED 388,285 in January 2020.

How big is unit 1505?

1,355 sqft (125.9 sqm): a two-bedroom apartment on the 15th floor of a 19-storey tower completed in 2021.

What is unit 1505 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 1505, Park View Tower

Starts from the last sale price (AED 1.25M, 26 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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