1601, Park View Tower
Sold prices and rental history: sold once, by the developer in December 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, Park View Tower
What is 1601 worth today?
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Source: Dubai Land Department. Updated 15 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,350 sqft
- Floor
- 16th of 19
- Parking
- B-20
- Developer
- Revi Real Estate Development
- Completed
- 2021
- Service charge
- AED 24,500 /yr
- Last sold
- AED 1.21M · December 2021
- Building
- Park View Tower
About 1601, Park View Tower
1601 is a two-bedroom apartment of 1,350 sqft on the 16th 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 28 December 2021 for AED 1,209,600, or AED 895 per sqft, 11% above the AED 808 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 15 March 2025, is AED 125,000 a year: a gross yield of 10.3% on the 2021 price, before the service charge of about AED 24,500 a year.
Sales and rents for 1601 over time
1601 has sold once; the dashed line is the two-bed median of each year in the building.
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 1601 sits
All 32 2-beds →1601 last sold in December 2021 at AED 895 per sqft, 11% 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. 1601's AED 125,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 1,350 sqft | 1,390,000 | 1,029 | ||
| 18 Dec 202418 December 2024 | 1,355 sqft | 1,517,739 | 1,120 | ||
| 16 Dec 202416 December 2024 | 1,355 sqft | 1,765,000 | 1,302 | ||
| 7 Nov 20247 November 2024 | 1,350 sqft | 1,720,000 | 1,273 |
Park View Tower
Building278 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%
Other units on the 16th floor
All 278 units in Park View Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 1-bed | 900 sqft | AED 860KAED 860,000 · Mar 2022March 2022 | ||
| 1603 | 1-bed | 913 sqft | AED 740KAED 740,000 · Jan 2022January 2022 | 90,000 /yr | |
| 1604 | 1-bed | 902 sqft | AED 750KAED 750,000 · Dec 2020December 2020 | ||
| 1605 | 2-bed | 1,355 sqft | AED 1.77MAED 1,765,000 · Dec 2024December 2024 | ||
| 1606 | 2-bed | 1,337 sqft | AED 1.53MAED 1,525,000 · Aug 2023August 2023 | 100,000 /yr | |
| 1607 | 1-bed | 898 sqft | AED 875KAED 875,000 · Apr 2022April 2022 | ||
| 1608 | 1-bed | 912 sqft | AED 880KAED 880,000 · May 2022May 2022 | 78,750 /yr | |
| 1609 | 1-bed | 898 sqft | AED 39KAED 39,382 · Aug 2026August 2026 | 68,000 /yr | |
| 1610 | 2-bed | 1,346 sqft | AED 1.2MAED 1,200,000 · Mar 2022March 2022 |
1601, Park View Tower in numbers
- Sold once: by Revi Real Estate Development on 28 December 2021 for AED 1,209,600, or AED 895 per sqft.
- Rented since February 2022 on 5 Ejari contracts, from AED 92,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2021 price is 10.3%, 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 15 March 2025.
Questions about 1601, Park View Tower
What did unit 1601 last sell for?
AED 1,209,600 on 28 December 2021, sold by the developer: AED 895 per sqft for 1,350 sqft. It is the only registered sale of the unit.
What is the rent for unit 1601?
AED 125,000 a year on the contract signed on 15 March 2025. The previous contract, from March 2025, was AED 125,000; the unit has been rented since February 2022.
How big is unit 1601?
1,350 sqft (125.4 sqm): a two-bedroom apartment on the 16th floor of a 19-storey tower completed in 2021.
What is unit 1601 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 1601, Park View Tower
Starts from the last sale price (AED 1.21M, 28 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,209,600
- Deposit, UAE resident (20%)
- AED 241,920
- Deposit, non-resident (40%)
- AED 483,840
- Monthly over 25 years at 3.7%
- AED 4,949
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →