312, Park View Tower
Sold prices and rental history: sold once, by the developer in August 2021, and rented once, from March 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 312, Park View Tower
What is 312 worth today?
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Source: Dubai Land Department. Updated 5 March 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 996 sqft
- Floor
- 3rd of 19
- Parking
- P2-20
- Developer
- Revi Real Estate Development
- Completed
- 2021
- Service charge
- AED 18,000 /yr
- Last sold
- AED 773K · August 2021
- Building
- Park View Tower
About 312, Park View Tower
312 is a one-bedroom apartment of 996 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 773,402, or AED 776 per sqft, in line with the AED 773 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 5 March 2022. The current contract, signed on 5 March 2022, is AED 75,000 a year: a gross yield of 9.7% on the 2021 price, before the service charge of about AED 18,000 a year.
Sales and rents for 312 over time
312 has sold once; the dashed line is the one-bed median of each year in the building.
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 312 sits
All 86 1-beds →312 last sold in August 2021 at AED 776 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. 312's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Oct 20265 October 2026 | 913 sqft | 935,000 | 1,024 | ||
| 6 Aug 20266 August 2026 | 898 sqft | 39,382 | 43 | ||
| 27 Apr 202627 April 2026 | 913 sqft | 1,000,000 | 1,095 | ||
| 23 Feb 202623 February 2026 | 1,004 sqft | 999,000 | 994 |
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 | |
| 308 | Studio | 467 sqft | AED 376KAED 375,938 · 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 | ||
| 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 |
312, Park View Tower in numbers
- Sold once: by Revi Real Estate Development on 18 August 2021 for AED 773,402, or AED 776 per sqft.
- Rented since March 2022 on one Ejari contract, at AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2021 price is 9.7%, before a service charge of about AED 18,000 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 5 March 2022.
Questions about 312, Park View Tower
What did unit 312 last sell for?
AED 773,402 on 18 August 2021, sold by the developer: AED 776 per sqft for 996 sqft. It is the only registered sale of the unit.
What is the rent for unit 312?
AED 75,000 a year on the contract signed on 5 March 2022.
How big is unit 312?
996 sqft (92.5 sqm): a one-bedroom apartment on the 3rd floor of a 19-storey tower completed in 2021.
What is unit 312 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 312, Park View Tower
Starts from the last sale price (AED 773K, 18 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 773,402
- Deposit, UAE resident (20%)
- AED 154,680
- Deposit, non-resident (40%)
- AED 309,361
- Monthly over 25 years at 3.7%
- AED 3,164
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →