2-bed · 1,337 sqftPark View Tower, Jumeirah Village Circle (JVC) · 16th floor · completed 2021

1606, Park View Tower

Sold prices and rental history: sold twice, last in August 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 16 August 2026
Last soldAED 1.53M25 August 2023
Current rentAED 100K /yr16 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Park View Tower

What is 1606 worth today?

Last sold for AED 1,525,000 in 2023

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16 Aug 2026RentedNew contract
AED 100,000/yr12 months · AED 75 per sqft
10 Jul 2025RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
10 Jul 2025RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
25 Aug 2023SoldReady
AED 1,525,000AED 1,140 per sqft
8 Mar 2022Sold by developerReady
AED 1,145,000AED 856 per sqft

Source: Dubai Land Department. Updated 16 August 2026.

Key facts

Type
2-bed apartment
Size
1,337 sqft
Floor
16th of 19
Parking
B-18
Developer
Revi Real Estate Development
Completed
2021
Service charge
AED 24,200 /yr
Last sold
AED 1.53M · August 2023

About 1606, Park View Tower

1606 is a two-bedroom apartment of 1,337 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 25 August 2023 for AED 1,525,000, or AED 1,140 per sqft, 24% above the AED 922 two-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 16 August 2026, is AED 100,000 a year: a gross yield of 6.6% on the 2023 price, before the service charge of about AED 24,200 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical two-bed in Park View Tower
1M1.5M20212022202320242025Typical 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, March 2022: AED 1,145,000 (AED 856 per sqft)Sold, August 2023: AED 1,525,000 (AED 1,140 per sqft)

1606 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1606, 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 105,000New contract, July 2025: AED 120,000 a yearNew contract, July 2025: AED 120,000 a yearNew contract, August 2026: AED 100,000 a year

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 1606 sits

All 32 2-beds →

1606 last sold in August 2023 at AED 1,140 per sqft, 24% above what two-beds in Park View Tower were fetching at the time (AED 922). 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. 1606's AED 100,000 is in the lower half of that range.

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 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
16052-bedAED 1.77M · Dec 2024
16071-bedAED 875K · Apr 2022
16081-bedAED 880K · May 2022
1–7 of 9

1606, Park View Tower in numbers

  • Sold twice: first on 8 March 2022 for AED 1,145,000, last on 25 August 2023 for AED 1,525,000 (AED 1,140 per sqft).
  • Rented since July 2025 on 3 Ejari contracts, from AED 120,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 6.6%, before a service charge of about AED 24,200 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 16 August 2026.

Questions about 1606, Park View Tower

What did unit 1606 last sell for?

AED 1,525,000 on 25 August 2023: AED 1,140 per sqft for 1,337 sqft. The unit has 2 registered sales; the first was AED 1,145,000 in March 2022.

What is the rent for unit 1606?

AED 100,000 a year on the contract signed on 16 August 2026. The previous contract, from July 2025, was AED 120,000; the unit has been rented since July 2025.

How big is unit 1606?

1,337 sqft (124.2 sqm): a two-bedroom apartment on the 16th floor of a 19-storey tower completed in 2021.

What is unit 1606 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 1606, Park View Tower

Starts from the last sale price (AED 1.53M, 25 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,525,000
Deposit, UAE resident (20%)
AED 305,000
Deposit, non-resident (40%)
AED 610,000
Monthly over 25 years at 3.7%
AED 6,239

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