1-bed · 898 sqftPark View Tower, Jumeirah Village Circle (JVC) · 15th floor · completed 2021

1507, Park View Tower

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

Unit 1507 · DLD and Ejari recordsUpdated 7 February 2026
Last soldAED 840K6 April 2022
Current rentAED 75K /yr7 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Park View Tower

What is 1507 worth today?

Last sold for AED 840,000 in 2022

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7 Feb 2026RentedRenewal
AED 75,000/yr12 months · AED 83 per sqft
7 Feb 2025RentedNew contract
AED 75,000/yr12 months · AED 83 per sqft
7 Feb 2025RentedNew contract
AED 75,000/yr12 months · AED 83 per sqft
3 Oct 2024RentedNew contract
AED 96,000/yr4 months · AED 107 per sqft
3 May 2023RentedNew contract
AED 80,000/yr12 months · AED 90 per sqft
6 Apr 2022Sold by developerReady
AED 840,000AED 934 per sqft
16 Mar 2022RentedNew contract
AED 75,000/yr12 months · AED 84 per sqft
15 Mar 2022RentedNew contract
AED 75,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 7 February 2026.

Key facts

Type
1-bed apartment
Size
898 sqft
Floor
15th of 19
Parking
P1-22
Developer
Revi Real Estate Development
Completed
2021
Service charge
AED 16,300 /yr
Last sold
AED 840K · April 2022

About 1507, Park View Tower

1507 is a one-bedroom apartment of 898 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 April 2022 for AED 840,000, or AED 934 per sqft, 14% above the AED 821 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, renewed on 7 February 2026, is AED 75,000 a year: a gross yield of 8.9% on the 2022 price, before the service charge of about AED 16,300 a year.

Sales and rents for 1507 over time

Sales
Unit 1507, 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 840,000 (AED 934 per sqft)

1507 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1507, each contractTypical one-bed in Park View Tower
80K100K2021202320252027Typical 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 yearNew contract, March 2022: AED 75,000 a yearNew contract, May 2023: AED 80,000 a yearNew contract, October 2024: AED 96,000 a yearNew contract, February 2025: AED 75,000 a yearNew contract, February 2025: AED 75,000 a yearRenewal, February 2026: 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 1507 sits

All 86 1-beds →

1507 last sold in April 2022 at AED 934 per sqft, 14% above what one-beds in Park View Tower were fetching at the time (AED 821). 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. 1507'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 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
15052-bedAED 1.25M · Apr 2023
15062-bedAED 1.18M · Dec 2021
15081-bedAED 890K · Aug 2022
1–7 of 9

1507, Park View Tower in numbers

  • Sold once: by Revi Real Estate Development on 6 April 2022 for AED 840,000, or AED 934 per sqft.
  • Rented since March 2022 on 7 Ejari contracts, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 8.9%, before a service charge of about AED 16,300 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 7 February 2026.

Questions about 1507, Park View Tower

What did unit 1507 last sell for?

AED 840,000 on 6 April 2022, sold by the developer: AED 934 per sqft for 898 sqft. It is the only registered sale of the unit.

What is the rent for unit 1507?

AED 75,000 a year on the contract renewed on 7 February 2026. The previous contract, from February 2025, was AED 75,000; the unit has been rented since March 2022.

How big is unit 1507?

898 sqft (83.4 sqm): a one-bedroom apartment on the 15th floor of a 19-storey tower completed in 2021.

What is unit 1507 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 1507, Park View Tower

Starts from the last sale price (AED 840K, 6 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

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