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Studio · 427 sqftPark View Tower, Jumeirah Village Circle (JVC) · 4th floor · completed 2021

401, Park View Tower

Sold prices and rental history: sold once, by the developer in January 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 495K9 January 2023
Current rentAED 40K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 401, Park View Tower

What is 401 worth today?

Last sold for AED 495,000 in 2023

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1 Jun 2026RentedNew contract
AED 40,000/yr12 months · AED 94 per sqft
4 Dec 2024RentedNew contract
AED 48,000/yr12 months · AED 111 per sqft
9 Jan 2023Sold by developerReady
AED 495,000AED 1,160 per sqft
1 Nov 2022RentedNew contract
AED 42,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
Studio apartment
Size
427 sqft
Floor
4th of 19
Parking
P4-18
Developer
Revi Real Estate Development
Completed
2021
Service charge
AED 7,700 /yr
Last sold
AED 495K · January 2023
Building
Park View Tower

About 401, Park View Tower

401 is a studio of 427 sqft on the 4th 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 9 January 2023 for AED 495,000, or AED 1,160 per sqft, 5% above the AED 1,101 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 June 2026, is AED 40,000 a year: a gross yield of 8.1% on the 2023 price, before the service charge of about AED 7,700 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical studio in Park View Tower
400K600K2017202020232026Typical sale price by year: 2017 AED 577,641; 2018 AED 562,000; 2021 AED 369,729; 2022 AED 517,500; 2023 AED 557,500; 2024 AED 612,500; 2025 AED 645,000; 2026 AED 620,000Sold by developer, January 2023: AED 495,000 (AED 1,160 per sqft)

401 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 401, each contractTypical studio in Park View Tower
40K50K2021202320252027Typical rent by year: 2021 AED 37,500; 2022 AED 45,000; 2023 AED 48,000; 2024 AED 52,000; 2025 AED 55,000; 2026 AED 50,000New contract, November 2022: AED 42,000 a yearNew contract, December 2024: AED 48,000 a yearNew contract, June 2026: AED 40,000 a year

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 401 sits

All 156 studios →

401 last sold in January 2023 at AED 1,160 per sqft, 5% above what studios in Park View Tower were fetching at the time (AED 1,101). 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. 401's AED 40,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
24 Sep 2026600,000
27 Jul 2026141,595
11 Jun 2026545,000
27 Apr 2026660,000
10 studio 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 4th floor

All 278 units in Park View Tower
Value
4021-bedAED 1.05M · Nov 2024
403StudioAED 788K · Jan 2026
404StudioAED 545K · Jun 2026
405StudioAED 620K · Sep 2025
406StudioAED 630K · Sep 2025
407StudioAED 575K · Jul 2017
408StudioAED 587K · Jul 2017
1–7 of 19

401, Park View Tower in numbers

  • Sold once: by Revi Real Estate Development on 9 January 2023 for AED 495,000, or AED 1,160 per sqft.
  • Rented since November 2022 on 3 Ejari contracts, from AED 42,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 8.1%, before a service charge of about AED 7,700 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 1 June 2026.

Questions about 401, Park View Tower

What did unit 401 last sell for?

AED 495,000 on 9 January 2023, sold by the developer: AED 1,160 per sqft for 427 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 40,000 a year on the contract signed on 1 June 2026. The previous contract, from December 2024, was AED 48,000; the unit has been rented since November 2022.

How big is unit 401?

427 sqft (39.7 sqm): a studio on the 4th floor of a 19-storey tower completed in 2021.

What is unit 401 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 401, Park View Tower

Starts from the last sale price (AED 495K, 9 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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