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Studio · 469 sqftPark View Tower, Jumeirah Village Circle (JVC) · 7th floor · completed 2021

703, Park View Tower

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

Unit 703 · DLD and Ejari recordsUpdated 10 September 2026
Last soldAED 255K23 April 2022
Current rentAED 47K /yr10 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 703, Park View Tower

What is 703 worth today?

Last sold for AED 255,000 in 2022

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10 Sep 2026RentedRenewal
AED 47,250/yr12 months · AED 102 per sqft
9 Sep 2025RentedRenewal
AED 47,250/yr12 months · AED 102 per sqft
10 Sep 2023RentedRenewal
AED 43,000/yr13 months · AED 91 per sqft
10 Sep 2022RentedNew contract
AED 43,000/yr12 months · AED 91 per sqft
23 Apr 2022Sold by developerReady
AED 255,000AED 543 per sqft

Source: Dubai Land Department. Updated 10 September 2026.

Key facts

Type
Studio apartment
Size
469 sqft
Floor
7th of 19
Parking
P3-31
Developer
Revi Real Estate Development
Completed
2021
Service charge
AED 8,500 /yr
Last sold
AED 255K · April 2022
Building
Park View Tower

About 703, Park View Tower

703 is a studio of 469 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 . The developer sold it on 23 April 2022 for AED 255,000, or AED 543 per sqft, 38% below the AED 878 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 10 September 2026, is AED 47,250 a year: a gross yield of 18.5% on the 2022 price, before the service charge of about AED 8,500 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical studio in Park View Tower
200K400K600K2017202020232026Typical 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, April 2022: AED 255,000 (AED 543 per sqft)

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

Rents
Unit 703, 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, September 2022: AED 43,000 a yearRenewal, September 2023: AED 43,000 a yearRenewal, September 2025: AED 47,250 a yearRenewal, September 2026: AED 47,250 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 703 sits

All 156 studios →

703 last sold in April 2022 at AED 543 per sqft, 38% below what studios in Park View Tower were fetching at the time (AED 878). 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. 703's AED 47,250 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 7th floor

All 278 units in Park View Tower
Value
701StudioAED 400K · Oct 2023
7021-bedAED 920K · Jun 2022
704StudioAED 515K · Apr 2022
705StudioAED 660K · Jan 2025
706StudioAED 560K · Jul 2017
707StudioAED 650K · Mar 2025
708StudioAED 585K · Jan 2018
1–7 of 19

703, Park View Tower in numbers

  • Sold once: by Revi Real Estate Development on 23 April 2022 for AED 255,000, or AED 543 per sqft.
  • Rented since September 2022 on 4 Ejari contracts, from AED 43,000 to AED 47,250 a year.
  • At AED 47,250 a year the gross yield on the 2022 price is 18.5%, before a service charge of about AED 8,500 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 10 September 2026.

Questions about 703, Park View Tower

What did unit 703 last sell for?

AED 255,000 on 23 April 2022, sold by the developer: AED 543 per sqft for 469 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 47,250 a year on the contract renewed on 10 September 2026. The previous contract, from September 2025, was AED 47,250; the unit has been rented since September 2022.

How big is unit 703?

469 sqft (43.6 sqm): a studio on the 7th floor of a 19-storey tower completed in 2021.

What is unit 703 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 703, Park View Tower

Starts from the last sale price (AED 255K, 23 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 255,000
Deposit, UAE resident (20%)
AED 51,000
Deposit, non-resident (40%)
AED 102,000
Monthly over 25 years at 3.7%
AED 1,043

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