701, Park View Tower
Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Park View Tower
What is 701 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 427 sqft
- Floor
- 7th of 19
- Parking
- P3-32
- Developer
- Revi Real Estate Development
- Completed
- 2021
- Service charge
- AED 7,700 /yr
- Last sold
- AED 400K · October 2023
- Building
- Park View Tower
About 701, Park View Tower
701 is a studio of 427 sqft on the 7th 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 October 2023 for AED 400,000, or AED 937 per sqft, 21% below the AED 1,189 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 46,800 a year: a gross yield of 11.7% on the 2023 price, before the service charge of about AED 7,700 a year.
Sales and rents for 701 over time
701 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 701 sits
All 156 studios →701 last sold in October 2023 at AED 937 per sqft, 21% below what studios in Park View Tower were fetching at the time (AED 1,189). 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. 701's AED 46,800 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 7th floor
All 278 units in Park View Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 989 sqft | AED 920KAED 920,000 · Jun 2022June 2022 | 85,000 /yr | |
| 703 | Studio | 469 sqft | AED 255KAED 255,000 · Apr 2022April 2022 | 47,250 /yr | |
| 704 | Studio | 472 sqft | AED 515KAED 515,000 · Apr 2022April 2022 | 44,308 /yr | |
| 705 | Studio | 474 sqft | AED 660KAED 660,000 · Jan 2025January 2025 | 48,000 /yr | |
| 706 | Studio | 474 sqft | AED 560KAED 559,960 · Jul 2017July 2017 | 40,000 /yr | |
| 707 | Studio | 472 sqft | AED 650KAED 650,000 · Mar 2025March 2025 | 53,000 /yr | |
| 708 | Studio | 467 sqft | AED 585KAED 585,000 · Jan 2018January 2018 | 55,000 /yr | |
| 709 | 1-bed | 992 sqft | AED 820KAED 820,000 · Feb 2022February 2022 | 78,000 /yr | |
| 710 | Studio | 473 sqft | AED 584KAED 584,188 · Oct 2017October 2017 | ||
| 711 | Studio | 472 sqft | AED 584KAED 584,188 · Jun 2018June 2018 | ||
| 712 | 1-bed | 996 sqft | AED 920KAED 920,000 · Jan 2025January 2025 | 79,000 /yr | |
| 713 | Studio | 469 sqft | AED 645KAED 645,000 · Sep 2025September 2025 | 50,000 /yr | |
| 714 | Studio | 472 sqft | AED 450KAED 450,000 · Oct 2021October 2021 | 55,000 /yr | |
| 715 | Studio | 474 sqft | AED 275KAED 275,000 · Oct 2022October 2022 | 45,000 /yr | |
| 716 | Studio | 474 sqft | AED 540KAED 540,000 · Apr 2022April 2022 | 60,000 /yr | |
| 717 | Studio | 475 sqft | AED 650KAED 650,000 · May 2025May 2025 | 45,000 /yr | |
| 718 | Studio | 465 sqft | AED 497KAED 496,800 · Jun 2022June 2022 | 47,250 /yr | |
| 719 | 1-bed | 1,005 sqft | AED 920KAED 920,000 · May 2022May 2022 | 75,000 /yr | |
| 720 | Studio | 420 sqft | AED 485KAED 485,000 · Feb 2022February 2022 | 45,000 /yr |
701, Park View Tower in numbers
- Sold twice: first on 1 May 2018 for AED 500,000, last on 25 October 2023 for AED 400,000 (AED 937 per sqft).
- Rented since November 2022 on 4 Ejari contracts, from AED 40,000 to AED 46,800 a year.
- At AED 46,800 a year the gross yield on the 2023 price is 11.7%, 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 November 2025.
Questions about 701, Park View Tower
What did unit 701 last sell for?
AED 400,000 on 25 October 2023: AED 937 per sqft for 427 sqft. The unit has 2 registered sales; the first was AED 500,000 in May 2018.
What is the rent for unit 701?
AED 46,800 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 44,100; the unit has been rented since November 2022.
How big is unit 701?
427 sqft (39.7 sqm): a studio on the 7th floor of a 19-storey tower completed in 2021.
What is unit 701 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 701, Park View Tower
Starts from the last sale price (AED 400K, 25 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →