1-bed · 912 sqftPark View Tower, Jumeirah Village Circle (JVC) · 17th floor · completed 2021

1708, Park View Tower

Sold prices and rental history: sold once, by the developer in August 2021, and rented once, from February 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1708 · DLD and Ejari recordsUpdated 7 February 2022
Last soldAED 712K26 August 2021
Current rentAED 68K /yr7 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1708, Park View Tower

What is 1708 worth today?

Last sold for AED 711,805 in 2021

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7 Feb 2022RentedNew contract
AED 68,000/yr12 months · AED 74 per sqft
26 Aug 2021Sold by developerOff-plan
AED 711,805AED 780 per sqft

Source: Dubai Land Department. Updated 7 February 2022.

Key facts

Type
1-bed apartment
Size
912 sqft
Floor
17th of 19
Parking
P1-09
Developer
Revi Real Estate Development
Completed
2021
Service charge
AED 16,500 /yr
Last sold
AED 712K · August 2021

About 1708, Park View Tower

1708 is a one-bedroom apartment of 912 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 711,805, or AED 780 per sqft, in line with the AED 773 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 February 2022. The current contract, signed on 7 February 2022, is AED 68,000 a year: a gross yield of 9.6% on the 2021 price, before the service charge of about AED 16,500 a year.

Sales and rents for 1708 over time

Sales
Unit 1708, each saleTypical one-bed in Park View Tower
500K1M20192021202320252027Typical sale price by year: 2019 AED 464,661; 2020 AED 645,225; 2021 AED 769,201; 2022 AED 875,000; 2023 AED 965,000; 2024 AED 1,040,000; 2025 AED 1,100,000; 2026 AED 1,000,000Sold by developer, August 2021: AED 711,805 (AED 780 per sqft)

1708 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1708, each contractTypical one-bed in Park View Tower
70K80K2021202320252027Typical rent by year: 2021 AED 70,000; 2022 AED 75,000; 2023 AED 78,750; 2024 AED 84,886; 2025 AED 85,000; 2026 AED 76,825New contract, February 2022: AED 68,000 a year

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 1708 sits

All 86 1-beds →

1708 last sold in August 2021 at AED 780 per sqft, in line with what one-beds in Park View Tower were fetching at the time (AED 773). 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. 1708's AED 68,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Oct 2026935,000
6 Aug 202639,382
27 Apr 20261,000,000
23 Feb 2026999,000
6 1-bed sales 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 17th floor

All 278 units in Park View Tower
Value
17012-bedAED 1.07M · Aug 2021
17021-bedAED 684K · Aug 2021
17031-bedAED 712K · Aug 2021
17041-bedAED 684K · Aug 2021
17052-bedAED 1.07M · Aug 2021
17062-bedAED 1.07M · Aug 2021
17071-bedAED 684K · Aug 2021
1–7 of 9

1708, Park View Tower in numbers

  • Sold once: by Revi Real Estate Development on 26 August 2021 for AED 711,805, or AED 780 per sqft.
  • Rented since February 2022 on one Ejari contract, at AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2021 price is 9.6%, 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 7 February 2022.

Questions about 1708, Park View Tower

What did unit 1708 last sell for?

AED 711,805 on 26 August 2021, sold by the developer: AED 780 per sqft for 912 sqft. It is the only registered sale of the unit.

What is the rent for unit 1708?

AED 68,000 a year on the contract signed on 7 February 2022.

How big is unit 1708?

912 sqft (84.7 sqm): a one-bedroom apartment on the 17th floor of a 19-storey tower completed in 2021.

What is unit 1708 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 1708, Park View Tower

Starts from the last sale price (AED 712K, 26 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 711,805
Deposit, UAE resident (20%)
AED 142,361
Deposit, non-resident (40%)
AED 284,722
Monthly over 25 years at 3.7%
AED 2,912

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