2-bed · 1,337 sqftPark View Tower, Jumeirah Village Circle (JVC) · 18th floor · completed 2021

1806, Park View Tower

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

Unit 1806 · DLD and Ejari recordsUpdated 16 August 2024
Last soldAED 1.7M16 August 2024
Current rentAED 103K /yr5 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1806, Park View Tower

What is 1806 worth today?

Last sold for AED 1,700,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Aug 2024SoldReady
AED 1,700,000AED 1,271 per sqft
5 Jan 2023RentedRenewal
AED 103,000/yr12 months · AED 77 per sqft
5 Jan 2023RentedRenewal
AED 41,477/yr20 months · AED 31 per sqft
5 Jan 2022RentedNew contract
AED 100,000/yr12 months · AED 75 per sqft
29 Mar 2018Sold by developerOff-plan
AED 1,487,752AED 1,112 per sqft

Source: Dubai Land Department. Updated 16 August 2024.

Key facts

Type
2-bed apartment
Size
1,337 sqft
Floor
18th of 19
Parking
B-09,B-07
Developer
Revi Real Estate Development
Completed
2021
Service charge
AED 24,200 /yr
Last sold
AED 1.7M · August 2024

About 1806, Park View Tower

1806 is a two-bedroom apartment of 1,337 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 16 August 2024 for AED 1,700,000, or AED 1,271 per sqft, 14% above the AED 1,114 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 5 January 2023, is AED 103,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 24,200 a year.

Sales and rents for 1806 over time

Sales
Unit 1806, each saleTypical two-bed in Park View Tower
1M1.5M2018202020222024Typical sale price by year: 2021 AED 1,089,000; 2022 AED 1,172,500; 2023 AED 1,305,000; 2024 AED 1,700,000Sold by developer, March 2018: AED 1,487,752 (AED 1,112 per sqft)Sold, August 2024: AED 1,700,000 (AED 1,271 per sqft)

1806 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1806, each contractTypical two-bed in Park View Tower
50K100K2021202320252027Typical rent by year: 2021 AED 90,000; 2022 AED 92,000; 2023 AED 95,000; 2024 AED 100,298; 2025 AED 125,000; 2026 AED 105,000New contract, January 2022: AED 100,000 a yearRenewal, January 2023: AED 103,000 a yearRenewal, January 2023: AED 41,477 a year

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 1806 sits

All 32 2-beds →

1806 last sold in August 2024 at AED 1,271 per sqft, 14% above what two-beds in Park View Tower were fetching at the time (AED 1,114). 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. 1806's AED 103,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Oct 20261,390,000
18 Dec 20241,517,739
16 Dec 20241,765,000
7 Nov 20241,720,000
1 2-bed sale 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
18031-bedAED 1.12M · Sep 2024
18041-bedAED 830K · Sep 2022
18052-bedAED 1.52M · Dec 2024
18071-bedAED 1.12M · Jan 2025
18081-bedAED 890K · Apr 2022
1–7 of 9

1806, Park View Tower in numbers

  • Sold twice: first on 29 March 2018 for AED 1,487,752, last on 16 August 2024 for AED 1,700,000 (AED 1,271 per sqft).
  • Rented since January 2022 on 3 Ejari contracts. The rent fell from AED 100,000 to AED 41,477 in 2023 and recovered to AED 103,000 by January 2023.
  • At AED 103,000 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 24,200 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 16 August 2024.

Questions about 1806, Park View Tower

What did unit 1806 last sell for?

AED 1,700,000 on 16 August 2024: AED 1,271 per sqft for 1,337 sqft. The unit has 2 registered sales; the first was AED 1,487,752 in March 2018.

What is the rent for unit 1806?

AED 103,000 a year on the contract renewed on 5 January 2023. The previous contract, from January 2023, was AED 41,477; the unit has been rented since January 2022.

How big is unit 1806?

1,337 sqft (124.2 sqm): a two-bedroom apartment on the 18th floor of a 19-storey tower completed in 2021.

What is unit 1806 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.

Selling 1806? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1806, Park View Tower

Starts from the last sale price (AED 1.7M, 16 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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