1408, The Square Tower
Sold prices and rental history: sold twice, last in July 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, The Square Tower
What is 1408 worth today?
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Source: Dubai Land Department. Updated 15 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 832 sqft
- Floor
- 14th of 36
- Parking
- B1-38
- Developer
- Tiger Properties
- Completed
- 2020
- Service charge
- AED 13,000 /yr
- Last sold
- AED 750K · July 2024
- Building
- The Square Tower
About 1408, The Square Tower
1408 is a one-bedroom apartment of 832 sqft on the 14th floor of The Square Tower, a 36-storey tower in Jumeirah Village Circle (JVC) completed in 2020 by Tiger Properties. It last sold on 15 July 2024 for AED 750,000, or AED 901 per sqft, in line with the AED 882 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 44,275 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 13,000 a year.
Sales and rents for 1408 over time
1408 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Square Tower, and where 1408 sits
All 120 1-beds →1408 last sold in July 2024 at AED 901 per sqft, in line with what one-beds in The Square Tower were fetching at the time (AED 882). Over the last 12 months one-beds sold for AED 250,000 to 1,000,000, around AED 943 per sqft, and rent for AED 40,000 to 80,000 a year. 1408's AED 44,275 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 963 sqft | 901,000 | 935 | ||
| 7 Aug 20267 August 2026 | 749 sqft | 740,000 | 987 | ||
| 16 Jul 202616 July 2026 | 963 sqft | 900,000 | 934 | ||
| 24 Mar 202624 March 2026 | 271 sqft | 250,000 | 922 |
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 14th floor
All 346 units in The Square Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 861 sqft | AED 250KAED 250,000 · Sep 2022September 2022 | 63,000 /yr | |
| 1402 | Studio | 327 sqft | AED 399KAED 399,000 · Jul 2021July 2021 | 49,000 /yr | |
| 1403 | Studio | 419 sqft | AED 525KAED 525,000 · Sep 2024September 2024 | 39,889 /yr | |
| 1404 | Studio | 394 sqft | AED 370KAED 370,000 · Apr 2022April 2022 | 40,000 /yr | |
| 1405 | Studio | 394 sqft | AED 425KAED 424,541 · Dec 2021December 2021 | 52,000 /yr | |
| 1406 | Studio | 415 sqft | No registered sale | 44,000 /yr | |
| 1407 | Studio | 333 sqft | AED 393KAED 393,134 · Dec 2018December 2018 | 44,000 /yr | |
| 1409 | 1-bed | 768 sqft | AED 727KAED 726,845 · Apr 2025April 2025 | 75,000 /yr | |
| 1410 | Studio | 619 sqft | AED 354KAED 354,200 · Nov 2021November 2021 | ||
| 1411 | Studio | 488 sqft | AED 483KAED 482,807 · Oct 2019October 2019 | 40,108 /yr | |
| 1412 | Studio | 488 sqft | AED 488KAED 487,634 · Aug 2021August 2021 | 55,000 /yr | |
| 1413 | Studio | 618 sqft | AED 170KAED 170,000 · May 2021May 2021 | 45,000 /yr | |
| 1414 | 1-bed | 749 sqft | No registered sale | 65,000 /yr |
1408, The Square Tower in numbers
- Sold twice: first on 16 September 2022 for AED 250,000, last on 15 July 2024 for AED 750,000 (AED 901 per sqft).
- Rented since September 2021 on 3 Ejari contracts, from AED 35,000 to AED 44,275 a year.
- At AED 44,275 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 13,000 a year (AED 15.60 per sqft).
- One-beds in The Square Tower sold for AED 250,000–1,000,000 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 15 July 2024.
Questions about 1408, The Square Tower
What did unit 1408 last sell for?
AED 750,000 on 15 July 2024: AED 901 per sqft for 832 sqft. The unit has 2 registered sales; the first was AED 250,000 in September 2022.
What is the rent for unit 1408?
AED 44,275 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 40,250; the unit has been rented since September 2021.
How big is unit 1408?
832 sqft (77.3 sqm): a one-bedroom apartment on the 14th floor of a 36-storey tower completed in 2020.
What is unit 1408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Square Tower sold for AED 250,000 to 1,000,000 in the last 12 months, around AED 943 per sqft.
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Mortgage on 1408, The Square Tower
Starts from the last sale price (AED 750K, 15 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →