2-bed · 1,355 sqftPark View Tower, Jumeirah Village Circle (JVC) · 16th floor · completed 2021

1605, Park View Tower

Sold prices and rental history: sold twice, last in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 16 December 2024
Last soldAED 1.77M16 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Park View Tower

What is 1605 worth today?

Last sold for AED 1,765,000 in 2024

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16 Dec 2024SoldReady
AED 1,765,000AED 1,302 per sqft
21 Jan 2022Sold by developerReady
AED 1,250,000AED 922 per sqft

Source: Dubai Land Department. Updated 16 December 2024.

Key facts

Type
2-bed apartment
Size
1,355 sqft
Floor
16th of 19
Parking
B-19
Developer
Revi Real Estate Development
Completed
2021
Service charge
AED 24,500 /yr
Last sold
AED 1.77M · December 2024

About 1605, Park View Tower

1605 is a two-bedroom apartment of 1,355 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 . It last sold on 16 December 2024 for AED 1,765,000, or AED 1,302 per sqft, in line with the AED 1,271 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1605 over time

Sales
Unit 1605, each saleTypical two-bed in Park View Tower
1M1.5M202120232025Typical 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 1,250,000 (AED 922 per sqft)Sold, December 2024: AED 1,765,000 (AED 1,302 per sqft)

1605 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1605, 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 1605 sits

All 32 2-beds →

1605 last sold in December 2024 at AED 1,302 per sqft, in line with what two-beds in Park View Tower were fetching at the time (AED 1,271). 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
7 Nov 20241,720,000
22 Oct 20241,700,000
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 16th floor

All 278 units in Park View Tower
Value
16012-bedAED 1.21M · Dec 2021
16021-bedAED 860K · Mar 2022
16031-bedAED 740K · Jan 2022
16041-bedAED 750K · Dec 2020
16062-bedAED 1.53M · Aug 2023
16071-bedAED 875K · Apr 2022
16081-bedAED 880K · May 2022
1–7 of 9

1605, Park View Tower in numbers

  • Sold twice: first on 21 January 2022 for AED 1,250,000, last on 16 December 2024 for AED 1,765,000 (AED 1,302 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 16 December 2024.

Questions about 1605, Park View Tower

What did unit 1605 last sell for?

AED 1,765,000 on 16 December 2024: AED 1,302 per sqft for 1,355 sqft. The unit has 2 registered sales; the first was AED 1,250,000 in January 2022.

How big is unit 1605?

1,355 sqft (125.9 sqm): a two-bedroom apartment on the 16th floor of a 19-storey tower completed in 2021.

What is unit 1605 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 1605, Park View Tower

Starts from the last sale price (AED 1.77M, 16 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,765,000
Deposit, UAE resident (20%)
AED 353,000
Deposit, non-resident (40%)
AED 706,000
Monthly over 25 years at 3.7%
AED 7,221

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