1-bed · 913 sqftPark View Tower, Jumeirah Village Circle (JVC) · 18th floor · completed 2021

1803, Park View Tower

Sold prices and rental history: sold twice, last in September 2024, and rented once, from May 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1803 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 1.12M20 September 2024
Current rentAED 70K /yr1 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1803, Park View Tower

What is 1803 worth today?

Last sold for AED 1,120,000 in 2024

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20 Sep 2024SoldReady
AED 1,120,000AED 1,226 per sqft
1 May 2022RentedNew contract
AED 70,000/yr13 months · AED 77 per sqft
5 Jul 2021Sold by developerOff-plan
AED 765,000AED 837 per sqft

Source: Dubai Land Department. Updated 20 September 2024.

Key facts

Type
1-bed apartment
Size
913 sqft
Floor
18th of 19
Parking
P1-06
Developer
Revi Real Estate Development
Completed
2021
Service charge
AED 16,500 /yr
Last sold
AED 1.12M · September 2024

About 1803, Park View Tower

1803 is a one-bedroom apartment of 913 sqft on the 18th 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 20 September 2024 for AED 1,120,000, or AED 1,226 per sqft, 16% above the AED 1,058 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 6.3% on the 2024 price, before the service charge of about AED 16,500 a year.

Sales and rents for 1803 over time

Sales
Unit 1803, 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, July 2021: AED 765,000 (AED 837 per sqft)Sold, September 2024: AED 1,120,000 (AED 1,226 per sqft)

1803 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1803, 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 1803 sits

All 86 1-beds →

1803 last sold in September 2024 at AED 1,226 per sqft, 16% above what one-beds in Park View Tower were fetching at the time (AED 1,058). 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. 1803'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 18th floor

All 278 units in Park View Tower
Value
18012-bedAED 1.39M · Oct 2026
18021-bedAED 840K · Mar 2022
18041-bedAED 830K · Sep 2022
18052-bedAED 1.52M · Dec 2024
18062-bedAED 1.7M · Aug 2024
18071-bedAED 1.12M · Jan 2025
18081-bedAED 890K · Apr 2022
1–7 of 9

1803, Park View Tower in numbers

  • Sold twice: first on 5 July 2021 for AED 765,000, last on 20 September 2024 for AED 1,120,000 (AED 1,226 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 2024 price is 6.3%, 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 20 September 2024.

Questions about 1803, Park View Tower

What did unit 1803 last sell for?

AED 1,120,000 on 20 September 2024: AED 1,226 per sqft for 913 sqft. The unit has 2 registered sales; the first was AED 765,000 in July 2021.

What is the rent for unit 1803?

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

How big is unit 1803?

913 sqft (84.8 sqm): a one-bedroom apartment on the 18th floor of a 19-storey tower completed in 2021.

What is unit 1803 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 1803, Park View Tower

Starts from the last sale price (AED 1.12M, 20 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,000
Deposit, UAE resident (20%)
AED 224,000
Deposit, non-resident (40%)
AED 448,000
Monthly over 25 years at 3.7%
AED 4,582

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