505, Park View Tower
Sold prices and rental history: sold twice, last in April 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Park View Tower
What is 505 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 21 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 474 sqft
- Floor
- 5th of 19
- Parking
- P3-61
- Developer
- Revi Real Estate Development
- Completed
- 2021
- Service charge
- AED 8,600 /yr
- Last sold
- AED 650K · April 2025
- Building
- Park View Tower
About 505, Park View Tower
505 is a studio of 474 sqft on the 5th 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 25 April 2025 for AED 650,000, or AED 1,371 per sqft, in line with the AED 1,356 studios in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 21 October 2025, is AED 72,000 a year: a gross yield of 11.1% on the 2025 price, before the service charge of about AED 8,600 a year.
Sales and rents for 505 over time
505 has sold twice; 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 505 sits
All 156 studios →505 last sold in April 2025 at AED 1,371 per sqft, in line with what studios in Park View Tower were fetching at the time (AED 1,356). 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. 505's AED 72,000 is in the upper 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 5th floor
All 278 units in Park View Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 427 sqft | AED 485KAED 485,000 · Aug 2022August 2022 | 40,000 /yr | |
| 502 | 1-bed | 989 sqft | AED 790KAED 790,200 · Jan 2022January 2022 | ||
| 503 | Studio | 469 sqft | AED 440KAED 440,000 · Mar 2022March 2022 | 49,500 /yr | |
| 504 | Studio | 472 sqft | AED 650KAED 650,000 · May 2025May 2025 | 57,198 /yr | |
| 506 | Studio | 474 sqft | AED 445KAED 445,000 · May 2022May 2022 | 54,000 /yr | |
| 507 | Studio | 472 sqft | AED 445KAED 445,000 · May 2022May 2022 | ||
| 508 | Studio | 467 sqft | AED 650KAED 650,000 · Oct 2024October 2024 | 50,000 /yr | |
| 509 | 1-bed | 992 sqft | AED 1.1MAED 1,100,000 · Apr 2025April 2025 | ||
| 510 | Studio | 473 sqft | AED 470KAED 470,000 · Aug 2022August 2022 | 55,000 /yr | |
| 511 | Studio | 472 sqft | AED 520KAED 520,000 · Mar 2022March 2022 | ||
| 512 | 1-bed | 996 sqft | AED 645KAED 645,362 · Dec 2020December 2020 | 80,000 /yr | |
| 513 | Studio | 469 sqft | AED 535KAED 535,000 · Aug 2022August 2022 | 48,000 /yr | |
| 514 | Studio | 472 sqft | AED 600KAED 600,000 · Oct 2024October 2024 | 18,000 /yr | |
| 515 | Studio | 474 sqft | AED 660KAED 660,000 · Apr 2026April 2026 | ||
| 516 | Studio | 474 sqft | AED 545KAED 545,000 · Jun 2022June 2022 | 36,000 /yr | |
| 517 | Studio | 475 sqft | AED 535KAED 535,000 · Aug 2022August 2022 | 60,000 /yr | |
| 518 | Studio | 465 sqft | AED 600KAED 600,000 · Sep 2023September 2023 | 55,000 /yr | |
| 519 | 1-bed | 1,004 sqft | AED 999KAED 999,000 · Feb 2026February 2026 | 85,000 /yr | |
| 520 | Studio | 420 sqft | AED 475KAED 475,000 · Jun 2022June 2022 | 58,000 /yr |
505, Park View Tower in numbers
- Sold twice: first on 17 November 2020 for AED 296,178, last on 25 April 2025 for AED 650,000 (AED 1,371 per sqft).
- Rented since May 2022 on 2 Ejari contracts, from AED 43,000 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2025 price is 11.1%, before a service charge of about AED 8,600 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 21 October 2025.
Questions about 505, Park View Tower
What did unit 505 last sell for?
AED 650,000 on 25 April 2025: AED 1,371 per sqft for 474 sqft. The unit has 2 registered sales; the first was AED 296,178 in November 2020.
What is the rent for unit 505?
AED 72,000 a year on the contract signed on 21 October 2025. The previous contract, from May 2022, was AED 43,000.
How big is unit 505?
474 sqft (44.0 sqm): a studio on the 5th floor of a 19-storey tower completed in 2021.
What is unit 505 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.
Selling 505? 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.
Mortgage on 505, Park View Tower
Starts from the last sale price (AED 650K, 25 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →