508, Park View Tower
Sold prices and rental history: sold twice, last in October 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Park View Tower
What is 508 worth today?
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Source: Dubai Land Department. Updated 7 November 2026.
Key facts
- Type
- Studio apartment
- Size
- 467 sqft
- Floor
- 5th of 19
- Parking
- P3-58
- Developer
- Revi Real Estate Development
- Completed
- 2021
- Service charge
- AED 8,400 /yr
- Last sold
- AED 650K · October 2024
- Building
- Park View Tower
About 508, Park View Tower
508 is a studio of 467 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 29 October 2024 for AED 650,000, or AED 1,393 per sqft, 10% above the AED 1,271 studios in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 7 November 2026, is AED 50,000 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 8,400 a year.
Sales and rents for 508 over time
508 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 508 sits
All 156 studios →508 last sold in October 2024 at AED 1,393 per sqft, 10% above what studios in Park View Tower were fetching at the time (AED 1,271). 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. 508's AED 50,000 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 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 | |
| 505 | Studio | 474 sqft | AED 650KAED 650,000 · Apr 2025April 2025 | 72,000 /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 | ||
| 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 |
508, Park View Tower in numbers
- Sold twice: first on 17 November 2020 for AED 301,152, last on 29 October 2024 for AED 650,000 (AED 1,393 per sqft).
- Rented since January 2025 on 3 Ejari contracts, from AED 62,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2024 price is 7.7%, 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 7 November 2026.
Questions about 508, Park View Tower
What did unit 508 last sell for?
AED 650,000 on 29 October 2024: AED 1,393 per sqft for 467 sqft. The unit has 2 registered sales; the first was AED 301,152 in November 2020.
What is the rent for unit 508?
AED 50,000 a year on the contract signed on 7 November 2026. The previous contract, from November 2025, was AED 55,000; the unit has been rented since January 2025.
How big is unit 508?
467 sqft (43.4 sqm): a studio on the 5th floor of a 19-storey tower completed in 2021.
What is unit 508 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 508, Park View Tower
Starts from the last sale price (AED 650K, 29 October 2024). 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 →