1207, The Square Tower
Sold prices and rental history: sold twice, last in December 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1207, The Square Tower
What is 1207 worth today?
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Source: Dubai Land Department. Updated 1 March 2023.
Key facts
- Type
- Studio apartment
- Size
- 337 sqft
- Floor
- 12th of 36
- Parking
- B2-38
- Developer
- Tiger Properties
- Completed
- 2020
- Service charge
- AED 5,300 /yr
- Last sold
- AED 350K · December 2022
- Building
- The Square Tower
About 1207, The Square Tower
1207 is a studio of 337 sqft on the 12th floor of The Square Tower, a 36-storey tower in Jumeirah Village Circle (JVC) completed in 2020 by Tiger Properties. It last sold on 29 December 2022 for AED 350,000, or AED 1,037 per sqft, 4% above the AED 999 studios in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 March 2023, is AED 40,115 a year: a gross yield of 11.5% on the 2022 price, before the service charge of about AED 5,300 a year.
Sales and rents for 1207 over time
1207 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 The Square Tower, and where 1207 sits
All 222 studios →1207 last sold in December 2022 at AED 1,037 per sqft, 4% above what studios in The Square Tower were fetching at the time (AED 999). Over the last 12 months studios sold for AED 470,000 to 665,000, around AED 1,268 per sqft, and rent for AED 9,579 to 67,000 a year. 1207's AED 40,115 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Jul 20265 July 2026 | 337 sqft | 530,000 | 1,571 | ||
| 23 Jun 202623 June 2026 | 419 sqft | 520,000 | 1,241 | ||
| 12 May 202612 May 2026 | 488 sqft | 505,000 | 1,034 | ||
| 21 Apr 202621 April 2026 | 488 sqft | 470,000 | 963 |
The Square Tower
Building346 apartments, studios to 2-bed over 36 floors in Jumeirah Village Circle (JVC), completed in 2020 by Tiger Properties. 30 sold in the last 12 months.
- Typical price per sqft
- AED 1,122 Up 6.8%
- Typical sale
- AED 553K
- Typical rent
- AED 50K /yr
- Typical yield
- 8.0%
Other units on the 12th floor
All 346 units in The Square Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 861 sqft | AED 646KAED 645,593 · Nov 2022November 2022 | 60,000 /yr | |
| 1202 | Studio | 327 sqft | AED 390KAED 389,577 · Oct 2018October 2018 | 38,000 /yr | |
| 1203 | Studio | 419 sqft | AED 433KAED 433,140 · Aug 2021August 2021 | 40,000 /yr | |
| 1204 | Studio | 394 sqft | AED 500KAED 500,000 · Feb 2025February 2025 | 48,000 /yr | |
| 1205 | Studio | 394 sqft | AED 520KAED 520,000 · Feb 2026February 2026 | 53,000 /yr | |
| 1206 | Studio | 415 sqft | AED 424KAED 423,742 · Jan 2020January 2020 | 44,000 /yr | |
| 1208 | 1-bed | 832 sqft | AED 685KAED 685,000 · Oct 2023October 2023 | 65,000 /yr | |
| 1209 | 1-bed | 768 sqft | AED 650KAED 650,000 · Oct 2023October 2023 | 56,000 /yr | |
| 1210 | Studio | 619 sqft | AED 354KAED 354,200 · Nov 2021November 2021 | 54,000 /yr | |
| 1211 | Studio | 488 sqft | AED 420KAED 420,000 · Mar 2023March 2023 | 43,000 /yr | |
| 1212 | Studio | 488 sqft | AED 460KAED 460,000 · Jul 2023July 2023 | 45,000 /yr | |
| 1213 | Studio | 618 sqft | AED 354KAED 354,200 · Nov 2021November 2021 | ||
| 1214 | 1-bed | 749 sqft | AED 740KAED 740,000 · Aug 2026August 2026 | 69,000 /yr |
1207, The Square Tower in numbers
- Sold twice: first on 9 October 2018 for AED 397,105, last on 29 December 2022 for AED 350,000 (AED 1,037 per sqft).
- Rented since December 2021 on 2 Ejari contracts, from AED 26,000 to AED 40,115 a year.
- At AED 40,115 a year the gross yield on the 2022 price is 11.5%, before a service charge of about AED 5,300 a year (AED 15.60 per sqft).
- Studios in The Square Tower sold for AED 470,000–665,000 in the 12 months to November 2026; the building's median across all types is AED 1,122 per sqft.
Source: Dubai Land Department. Updated 1 March 2023.
Questions about 1207, The Square Tower
What did unit 1207 last sell for?
AED 350,000 on 29 December 2022: AED 1,037 per sqft for 337 sqft. The unit has 2 registered sales; the first was AED 397,105 in October 2018.
What is the rent for unit 1207?
AED 40,115 a year on the contract signed on 1 March 2023. The previous contract, from December 2021, was AED 26,000.
How big is unit 1207?
337 sqft (31.3 sqm): a studio on the 12th floor of a 36-storey tower completed in 2020.
What is unit 1207 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Square Tower sold for AED 470,000 to 665,000 in the last 12 months, around AED 1,268 per sqft.
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Mortgage on 1207, The Square Tower
Starts from the last sale price (AED 350K, 29 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 350,000
- Deposit, UAE resident (20%)
- AED 70,000
- Deposit, non-resident (40%)
- AED 140,000
- Monthly over 25 years at 3.7%
- AED 1,432
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →