1701, Park View Tower
Sold prices and rental history: sold once, by the developer in August 2021, and rented once, from December 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1701, Park View Tower
What is 1701 worth today?
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Source: Dubai Land Department. Updated 20 December 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,350 sqft
- Floor
- 17th of 19
- Parking
- B-16
- Developer
- Revi Real Estate Development
- Completed
- 2021
- Service charge
- AED 24,500 /yr
- Last sold
- AED 1.07M · August 2021
- Building
- Park View Tower
About 1701, Park View Tower
1701 is a two-bedroom apartment of 1,350 sqft on the 17th 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 26 August 2021 for AED 1,067,025, or AED 790 per sqft, in line with the AED 791 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 December 2022. The current contract, signed on 20 December 2022, is AED 96,000 a year: a gross yield of 9.0% on the 2021 price, before the service charge of about AED 24,500 a year.
Sales and rents for 1701 over time
1701 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 1701 sits
All 32 2-beds →1701 last sold in August 2021 at AED 790 per sqft, in line with what two-beds in Park View Tower were fetching at the time (AED 791). 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. 1701's AED 96,000 is in the lower 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 17th floor
All 278 units in Park View Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1702 | 1-bed | 900 sqft | AED 684KAED 684,077 · Aug 2021August 2021 | 72,000 /yr | |
| 1703 | 1-bed | 913 sqft | AED 712KAED 711,805 · Aug 2021August 2021 | 70,000 /yr | |
| 1704 | 1-bed | 902 sqft | AED 684KAED 684,077 · Aug 2021August 2021 | 70,000 /yr | |
| 1705 | 2-bed | 1,355 sqft | AED 1.07MAED 1,072,673 · Aug 2021August 2021 | 130,000 /yr | |
| 1706 | 2-bed | 1,337 sqft | AED 1.07MAED 1,072,673 · Aug 2021August 2021 | 95,000 /yr | |
| 1707 | 1-bed | 898 sqft | AED 684KAED 684,077 · Aug 2021August 2021 | 114,000 /yr | |
| 1708 | 1-bed | 912 sqft | AED 712KAED 711,805 · Aug 2021August 2021 | 68,000 /yr | |
| 1709 | 1-bed | 898 sqft | AED 684KAED 684,077 · Sep 2021September 2021 | 70,000 /yr | |
| 1710 | 2-bed | 1,346 sqft | AED 1.07MAED 1,067,025 · Sep 2021September 2021 | 90,000 /yr |
1701, Park View Tower in numbers
- Sold once: by Revi Real Estate Development on 26 August 2021 for AED 1,067,025, or AED 790 per sqft.
- Rented since December 2022 on one Ejari contract, at AED 96,000 a year.
- At AED 96,000 a year the gross yield on the 2021 price is 9.0%, 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 20 December 2022.
Questions about 1701, Park View Tower
What did unit 1701 last sell for?
AED 1,067,025 on 26 August 2021, sold by the developer: AED 790 per sqft for 1,350 sqft. It is the only registered sale of the unit.
What is the rent for unit 1701?
AED 96,000 a year on the contract signed on 20 December 2022.
How big is unit 1701?
1,350 sqft (125.4 sqm): a two-bedroom apartment on the 17th floor of a 19-storey tower completed in 2021.
What is unit 1701 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 1701, Park View Tower
Starts from the last sale price (AED 1.07M, 26 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,067,025
- Deposit, UAE resident (20%)
- AED 213,405
- Deposit, non-resident (40%)
- AED 426,810
- Monthly over 25 years at 3.7%
- AED 4,366
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →