1-bed · 989 sqftPark View Tower, Jumeirah Village Circle (JVC) · 3rd floor · completed 2021

302, Park View Tower

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

Unit 302 · DLD and Ejari recordsUpdated 1 January 2023
Last soldAED 774K18 August 2021
Current rentAED 73K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Park View Tower

What is 302 worth today?

Last sold for AED 773,889 in 2021

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1 Jan 2023RentedRenewal
AED 73,000/yr12 months · AED 74 per sqft
1 Dec 2021RentedNew contract
AED 70,000/yr13 months · AED 71 per sqft
18 Aug 2021Sold by developerOff-plan
AED 773,889AED 782 per sqft

Source: Dubai Land Department. Updated 1 January 2023.

Key facts

Type
1-bed apartment
Size
989 sqft
Floor
3rd of 19
Parking
P2-22
Developer
Revi Real Estate Development
Completed
2021
Service charge
AED 17,900 /yr
Last sold
AED 774K · August 2021

About 302, Park View Tower

302 is a one-bedroom apartment of 989 sqft on the 3rd 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 18 August 2021 for AED 773,889, or AED 782 per sqft, in line with the AED 773 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 January 2023, is AED 73,000 a year: a gross yield of 9.4% on the 2021 price, before the service charge of about AED 17,900 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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 773,889 (AED 782 per sqft)

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

Rents
Unit 302, 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, December 2021: AED 70,000 a yearRenewal, January 2023: AED 73,000 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 302 sits

All 86 1-beds →

302 last sold in August 2021 at AED 782 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. 302's AED 73,000 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 3rd floor

All 278 units in Park View Tower
Value
301StudioAED 335K · Aug 2021
303StudioAED 376K · Aug 2021
304StudioAED 367K · Aug 2021
305StudioAED 370K · Aug 2021
306StudioAED 370K · Aug 2021
307StudioAED 368K · Aug 2021
308StudioAED 376K · Aug 2021
1–7 of 19

302, Park View Tower in numbers

  • Sold once: by Revi Real Estate Development on 18 August 2021 for AED 773,889, or AED 782 per sqft.
  • Rented since December 2021 on 2 Ejari contracts, from AED 70,000 to AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2021 price is 9.4%, before a service charge of about AED 17,900 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 January 2023.

Questions about 302, Park View Tower

What did unit 302 last sell for?

AED 773,889 on 18 August 2021, sold by the developer: AED 782 per sqft for 989 sqft. It is the only registered sale of the unit.

What is the rent for unit 302?

AED 73,000 a year on the contract renewed on 1 January 2023. The previous contract, from December 2021, was AED 70,000.

How big is unit 302?

989 sqft (91.9 sqm): a one-bedroom apartment on the 3rd floor of a 19-storey tower completed in 2021.

What is unit 302 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 302, Park View Tower

Starts from the last sale price (AED 774K, 18 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 773,889
Deposit, UAE resident (20%)
AED 154,778
Deposit, non-resident (40%)
AED 309,556
Monthly over 25 years at 3.7%
AED 3,166

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