Studio · 474 sqftPark View Tower, Jumeirah Village Circle (JVC) · 9th floor · completed 2021

916, 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 916 · DLD and Ejari recordsUpdated 10 April 2025
Last soldAED 515K13 April 2022
Current rentAED 55K /yr10 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 916, Park View Tower

What is 916 worth today?

Last sold for AED 515,000 in 2022

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10 Apr 2025RentedNew contract
AED 55,000/yr12 months · AED 116 per sqft
10 Apr 2025RentedNew contract
AED 55,000/yr12 months · AED 116 per sqft
3 Apr 2024RentedNew contract
AED 50,000/yr12 months · AED 106 per sqft
13 Apr 2022Sold by developerReady
AED 515,000AED 1,086 per sqft
15 Mar 2022RentedNew contract
AED 45,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 10 April 2025.

Key facts

Type
Studio apartment
Size
474 sqft
Floor
9th of 19
Parking
P2-49
Developer
Revi Real Estate Development
Completed
2021
Service charge
AED 8,600 /yr
Last sold
AED 515K · April 2022

About 916, Park View Tower

916 is a studio of 474 sqft on the 9th 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 13 April 2022 for AED 515,000, or AED 1,086 per sqft, 24% above the AED 877 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 10 April 2025, is AED 55,000 a year: a gross yield of 10.7% on the 2022 price, before the service charge of about AED 8,600 a year.

Sales and rents for 916 over time

Sales
Unit 916, 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, April 2022: AED 515,000 (AED 1,086 per sqft)

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

Rents
Unit 916, 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, March 2022: AED 45,000 a yearNew contract, April 2024: AED 50,000 a yearNew contract, April 2025: AED 55,000 a yearNew contract, April 2025: AED 55,000 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 916 sits

All 156 studios →

916 last sold in April 2022 at AED 1,086 per sqft, 24% above what studios in Park View Tower were fetching at the time (AED 877). 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. 916's AED 55,000 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 9th floor

All 278 units in Park View Tower
Value
901StudioAED 500K · May 2018
9021-bedAED 1.1M · Jul 2025
903StudioAED 440K · Mar 2022
904StudioAED 515K · Feb 2022
905StudioAED 510K · Apr 2022
906StudioAED 450K · Feb 2022
907StudioAED 685K · Feb 2026
1–7 of 19

916, Park View Tower in numbers

  • Sold once: by Revi Real Estate Development on 13 April 2022 for AED 515,000, or AED 1,086 per sqft.
  • Rented since March 2022 on 4 Ejari contracts, from AED 45,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 10.7%, 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 10 April 2025.

Questions about 916, Park View Tower

What did unit 916 last sell for?

AED 515,000 on 13 April 2022, sold by the developer: AED 1,086 per sqft for 474 sqft. It is the only registered sale of the unit.

What is the rent for unit 916?

AED 55,000 a year on the contract signed on 10 April 2025. The previous contract, from April 2025, was AED 55,000; the unit has been rented since March 2022.

How big is unit 916?

474 sqft (44.0 sqm): a studio on the 9th floor of a 19-storey tower completed in 2021.

What is unit 916 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 916, Park View Tower

Starts from the last sale price (AED 515K, 13 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 515,000
Deposit, UAE resident (20%)
AED 103,000
Deposit, non-resident (40%)
AED 206,000
Monthly over 25 years at 3.7%
AED 2,107

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