1-bed · 898 sqftPark View Tower, Jumeirah Village Circle (JVC) · 17th floor · completed 2021

1709, Park View Tower

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

Unit 1709 · DLD and Ejari recordsUpdated 1 May 2022
Last soldAED 684K23 September 2021
Current rentAED 70K /yr1 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1709, Park View Tower

What is 1709 worth today?

Last sold for AED 684,077 in 2021

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1 May 2022RentedNew contract
AED 70,000/yr13 months · AED 78 per sqft
23 Sep 2021Sold by developerOff-plan
AED 684,077AED 761 per sqft

Source: Dubai Land Department. Updated 1 May 2022.

Key facts

Type
1-bed apartment
Size
898 sqft
Floor
17th of 19
Parking
P1-08
Developer
Revi Real Estate Development
Completed
2021
Service charge
AED 16,300 /yr
Last sold
AED 684K · September 2021

About 1709, Park View Tower

1709 is a one-bedroom apartment of 898 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 23 September 2021 for AED 684,077, or AED 761 per sqft, in line with the AED 770 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2022. The current contract, signed on 1 May 2022, is AED 70,000 a year: a gross yield of 10.2% on the 2021 price, before the service charge of about AED 16,300 a year.

Sales and rents for 1709 over time

Sales
Unit 1709, 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, September 2021: AED 684,077 (AED 761 per sqft)

1709 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1709, 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, May 2022: AED 70,000 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 1709 sits

All 86 1-beds →

1709 last sold in September 2021 at AED 761 per sqft, in line with what one-beds in Park View Tower were fetching at the time (AED 770). 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. 1709's AED 70,000 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

1709, Park View Tower in numbers

  • Sold once: by Revi Real Estate Development on 23 September 2021 for AED 684,077, or AED 761 per sqft.
  • Rented since May 2022 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 price is 10.2%, before a service charge of about AED 16,300 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 1 May 2022.

Questions about 1709, Park View Tower

What did unit 1709 last sell for?

AED 684,077 on 23 September 2021, sold by the developer: AED 761 per sqft for 898 sqft. It is the only registered sale of the unit.

What is the rent for unit 1709?

AED 70,000 a year on the contract signed on 1 May 2022.

How big is unit 1709?

898 sqft (83.4 sqm): a one-bedroom apartment on the 17th floor of a 19-storey tower completed in 2021.

What is unit 1709 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 1709, Park View Tower

Starts from the last sale price (AED 684K, 23 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 684,077
Deposit, UAE resident (20%)
AED 136,815
Deposit, non-resident (40%)
AED 273,631
Monthly over 25 years at 3.7%
AED 2,799

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