308, Park View Tower
Sold prices and rental history: sold once, by the developer in August 2021, and rented once, from December 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Park View Tower
What is 308 worth today?
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Source: Dubai Land Department. Updated 23 December 2021.
Key facts
- Type
- Studio apartment
- Size
- 467 sqft
- Floor
- 3rd of 19
- Parking
- P4-29
- Developer
- Revi Real Estate Development
- Completed
- 2021
- Service charge
- AED 8,400 /yr
- Last sold
- AED 376K · August 2021
- Building
- Park View Tower
About 308, Park View Tower
308 is a studio of 467 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 375,938, or AED 805 per sqft, 3% above the AED 780 studios in the building were fetching at the time.
One Ejari contract is registered, from 23 December 2021. The current contract, signed on 23 December 2021, is AED 35,000 a year: a gross yield of 9.3% on the 2021 price, before the service charge of about AED 8,400 a year.
Sales and rents for 308 over time
308 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Park View Tower, and where 308 sits
All 156 studios →308 last sold in August 2021 at AED 805 per sqft, 3% above what studios in Park View Tower were fetching at the time (AED 780). Over the last 12 months studios sold for AED 141,595 to 787,608, around AED 1,384 per sqft, and rent for AED 24,000 to 110,000 a year. 308's AED 35,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Sep 202624 September 2026 | 474 sqft | 600,000 | 1,266 | ||
| 27 Jul 202627 July 2026 | 475 sqft | 141,595 | 298 | ||
| 11 Jun 202611 June 2026 | 472 sqft | 545,000 | 1,154 | ||
| 27 Apr 202627 April 2026 | 474 sqft | 660,000 | 1,392 |
Park View Tower
Building278 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%
Other units on the 3rd floor
All 278 units in Park View Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | Studio | 427 sqft | AED 335KAED 334,661 · Aug 2021August 2021 | ||
| 302 | 1-bed | 989 sqft | AED 774KAED 773,889 · Aug 2021August 2021 | 73,000 /yr | |
| 303 | Studio | 469 sqft | AED 376KAED 375,938 · Aug 2021August 2021 | 50,000 /yr | |
| 304 | Studio | 472 sqft | AED 367KAED 367,310 · Aug 2021August 2021 | 40,000 /yr | |
| 305 | Studio | 474 sqft | AED 370KAED 369,729 · Aug 2021August 2021 | ||
| 306 | Studio | 474 sqft | AED 370KAED 369,729 · Aug 2021August 2021 | 66,000 /yr | |
| 307 | Studio | 472 sqft | AED 368KAED 368,036 · Aug 2021August 2021 | 35,000 /yr | |
| 309 | 1-bed | 992 sqft | AED 773KAED 773,402 · Aug 2021August 2021 | 69,000 /yr | |
| 310 | Studio | 473 sqft | AED 374KAED 373,923 · Aug 2021August 2021 | ||
| 311 | Studio | 472 sqft | AED 374KAED 373,923 · Aug 2021August 2021 | ||
| 312 | 1-bed | 996 sqft | AED 773KAED 773,402 · Aug 2021August 2021 | 75,000 /yr | |
| 313 | Studio | 469 sqft | AED 376KAED 375,938 · Aug 2021August 2021 | ||
| 314 | Studio | 472 sqft | AED 368KAED 368,036 · Aug 2021August 2021 | 39,900 /yr | |
| 315 | Studio | 474 sqft | AED 370KAED 369,729 · Aug 2021August 2021 | ||
| 316 | Studio | 474 sqft | AED 370KAED 369,729 · Aug 2021August 2021 | ||
| 317 | Studio | 475 sqft | AED 367KAED 367,310 · Aug 2021August 2021 | ||
| 318 | Studio | 465 sqft | AED 376KAED 375,938 · Aug 2021August 2021 | ||
| 319 | 1-bed | 1,005 sqft | AED 774KAED 773,889 · Aug 2021August 2021 | 114,000 /yr | |
| 320 | Studio | 420 sqft | AED 335KAED 334,661 · Aug 2021August 2021 |
308, Park View Tower in numbers
- Sold once: by Revi Real Estate Development on 18 August 2021 for AED 375,938, or AED 805 per sqft.
- Rented since December 2021 on one Ejari contract, at AED 35,000 a year.
- At AED 35,000 a year the gross yield on the 2021 price is 9.3%, before a service charge of about AED 8,400 a year (AED 18.11 per sqft).
- Studios in Park View Tower sold for AED 141,595–787,608 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 23 December 2021.
Questions about 308, Park View Tower
What did unit 308 last sell for?
AED 375,938 on 18 August 2021, sold by the developer: AED 805 per sqft for 467 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 35,000 a year on the contract signed on 23 December 2021.
How big is unit 308?
467 sqft (43.4 sqm): a studio on the 3rd floor of a 19-storey tower completed in 2021.
What is unit 308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Park View Tower sold for AED 141,595 to 787,608 in the last 12 months, around AED 1,384 per sqft.
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Mortgage on 308, Park View Tower
Starts from the last sale price (AED 376K, 18 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 375,938
- Deposit, UAE resident (20%)
- AED 75,188
- Deposit, non-resident (40%)
- AED 150,375
- Monthly over 25 years at 3.7%
- AED 1,538
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →