1608, Park View Tower
Sold prices and rental history: sold once, by the developer in May 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1608, Park View Tower
What is 1608 worth today?
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Source: Dubai Land Department. Updated 15 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 912 sqft
- Floor
- 16th of 19
- Parking
- P1-15
- Developer
- Revi Real Estate Development
- Completed
- 2021
- Service charge
- AED 16,500 /yr
- Last sold
- AED 880K · May 2022
- Building
- Park View Tower
About 1608, Park View Tower
1608 is a one-bedroom apartment of 912 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 25 May 2022 for AED 880,000, or AED 964 per sqft, 9% above the AED 886 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 15 April 2023, is AED 78,750 a year: a gross yield of 8.9% on the 2022 price, before the service charge of about AED 16,500 a year.
Sales and rents for 1608 over time
1608 has sold once; the dashed line is the one-bed median of each year in the building.
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 1608 sits
All 86 1-beds →1608 last sold in May 2022 at AED 964 per sqft, 9% above what one-beds in Park View Tower were fetching at the time (AED 886). 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. 1608's AED 78,750 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Oct 20265 October 2026 | 913 sqft | 935,000 | 1,024 | ||
| 6 Aug 20266 August 2026 | 898 sqft | 39,382 | 43 | ||
| 27 Apr 202627 April 2026 | 913 sqft | 1,000,000 | 1,095 | ||
| 23 Feb 202623 February 2026 | 1,004 sqft | 999,000 | 994 |
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 | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,350 sqft | AED 1.21MAED 1,209,600 · Dec 2021December 2021 | 125,000 /yr | |
| 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 | ||
| 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 |
1608, Park View Tower in numbers
- Sold once: by Revi Real Estate Development on 25 May 2022 for AED 880,000, or AED 964 per sqft.
- Rented since March 2022 on 2 Ejari contracts, from AED 75,000 to AED 78,750 a year.
- At AED 78,750 a year the gross yield on the 2022 price is 8.9%, before a service charge of about AED 16,500 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 15 April 2023.
Questions about 1608, Park View Tower
What did unit 1608 last sell for?
AED 880,000 on 25 May 2022, sold by the developer: AED 964 per sqft for 912 sqft. It is the only registered sale of the unit.
What is the rent for unit 1608?
AED 78,750 a year on the contract renewed on 15 April 2023. The previous contract, from March 2022, was AED 75,000.
How big is unit 1608?
912 sqft (84.7 sqm): a one-bedroom apartment on the 16th floor of a 19-storey tower completed in 2021.
What is unit 1608 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 1608, Park View Tower
Starts from the last sale price (AED 880K, 25 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 880,000
- Deposit, UAE resident (20%)
- AED 176,000
- Deposit, non-resident (40%)
- AED 352,000
- Monthly over 25 years at 3.7%
- AED 3,600
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →