Studio · 475 sqftPark View Tower, Jumeirah Village Circle (JVC) · 5th floor · completed 2021

517, Park View Tower

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

Unit 517 · DLD and Ejari recordsUpdated 11 February 2026
Last soldAED 535K11 August 2022
Current rentAED 60K /yr11 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 517, Park View Tower

What is 517 worth today?

Last sold for AED 535,000 in 2022

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11 Feb 2026RentedNew contract
AED 60,000/yr12 months · AED 127 per sqft
6 Feb 2025RentedNew contract
AED 52,500/yr12 months · AED 111 per sqft
6 Feb 2025RentedNew contract
AED 52,500/yr12 months · AED 111 per sqft
1 Feb 2024RentedNew contract
AED 50,000/yr12 months · AED 106 per sqft
1 Jan 2023RentedNew contract
AED 45,000/yr12 months · AED 95 per sqft
27 Aug 2022RentedNew contract
AED 43,000/yr12 months · AED 91 per sqft
11 Aug 2022Sold by developerReady
AED 535,000AED 1,126 per sqft

Source: Dubai Land Department. Updated 11 February 2026.

Key facts

Type
Studio apartment
Size
475 sqft
Floor
5th of 19
Parking
P3-51
Developer
Revi Real Estate Development
Completed
2021
Service charge
AED 8,600 /yr
Last sold
AED 535K · August 2022

About 517, Park View Tower

517 is a studio of 475 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 . The developer sold it on 11 August 2022 for AED 535,000, or AED 1,126 per sqft, 5% above the AED 1,068 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 11 February 2026, is AED 60,000 a year: a gross yield of 11.2% on the 2022 price, before the service charge of about AED 8,600 a year.

Sales and rents for 517 over time

Sales
Unit 517, 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, August 2022: AED 535,000 (AED 1,126 per sqft)

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

Rents
Unit 517, each contractTypical studio in Park View Tower
40K60K2021202320252027Typical 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, August 2022: AED 43,000 a yearNew contract, January 2023: AED 45,000 a yearNew contract, February 2024: AED 50,000 a yearNew contract, February 2025: AED 52,500 a yearNew contract, February 2025: AED 52,500 a yearNew contract, February 2026: AED 60,000 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 517 sits

All 156 studios →

517 last sold in August 2022 at AED 1,126 per sqft, 5% above what studios in Park View Tower were fetching at the time (AED 1,068). 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. 517's AED 60,000 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 5th floor

All 278 units in Park View Tower
Value
501StudioAED 485K · Aug 2022
5021-bedAED 790K · Jan 2022
503StudioAED 440K · Mar 2022
504StudioAED 650K · May 2025
505StudioAED 650K · Apr 2025
506StudioAED 445K · May 2022
507StudioAED 445K · May 2022
1–7 of 19

517, Park View Tower in numbers

  • Sold once: by Revi Real Estate Development on 11 August 2022 for AED 535,000, or AED 1,126 per sqft.
  • Rented since August 2022 on 6 Ejari contracts, from AED 43,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 11.2%, 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 11 February 2026.

Questions about 517, Park View Tower

What did unit 517 last sell for?

AED 535,000 on 11 August 2022, sold by the developer: AED 1,126 per sqft for 475 sqft. It is the only registered sale of the unit.

What is the rent for unit 517?

AED 60,000 a year on the contract signed on 11 February 2026. The previous contract, from February 2025, was AED 52,500; the unit has been rented since August 2022.

How big is unit 517?

475 sqft (44.1 sqm): a studio on the 5th floor of a 19-storey tower completed in 2021.

What is unit 517 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 517, Park View Tower

Starts from the last sale price (AED 535K, 11 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 535,000
Deposit, UAE resident (20%)
AED 107,000
Deposit, non-resident (40%)
AED 214,000
Monthly over 25 years at 3.7%
AED 2,189

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