Studio · 419 sqftThe Square Tower, Jumeirah Village Circle (JVC) · 15th floor · completed 2020

1503, The Square Tower

Sold prices and rental history: sold once, by the developer in September 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 421K12 September 2021
Current rentAED 40K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, The Square Tower

What is 1503 worth today?

Last sold for AED 420,824 in 2021

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1 Jun 2026RentedNew contract
AED 40,000/yr12 months · AED 95 per sqft
20 Sep 2023RentedNew contract
AED 38,000/yr12 months · AED 91 per sqft
12 Dec 2022RentedRenewal
AED 27,000/yr12 months · AED 66 per sqft
12 Dec 2021RentedNew contract
AED 25,000/yr12 months · AED 60 per sqft
12 Dec 2021RentedNew contract
AED 25,000/yr12 months · AED 61 per sqft
12 Sep 2021Sold by developerOff-plan
AED 420,824AED 1,004 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
Studio apartment
Size
419 sqft
Floor
15th of 36
Parking
B2-53
Developer
Tiger Properties
Completed
2020
Service charge
AED 6,500 /yr
Last sold
AED 421K · September 2021

About 1503, The Square Tower

1503 is a studio of 419 sqft on the 15th floor of The Square Tower, a 36-storey tower in Jumeirah Village Circle (JVC) completed in 2020 by Tiger Properties. The developer sold it on 12 September 2021 for AED 420,824, or AED 1,004 per sqft, 252% above the AED 285 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 1 June 2026, is AED 40,000 a year: a gross yield of 9.5% on the 2021 price, before the service charge of about AED 6,500 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical studio in The Square Tower
400K500K2018202120242027Typical sale price by year: 2018 AED 389,577; 2019 AED 422,505; 2020 AED 428,915; 2021 AED 385,947; 2022 AED 437,000; 2023 AED 426,000; 2024 AED 500,000; 2025 AED 532,500; 2026 AED 527,500Sold by developer, September 2021: AED 420,824 (AED 1,004 per sqft)

1503 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1503, each contractTypical studio in The Square Tower
30K40K50K2021202320252027Typical rent by year: 2021 AED 32,000; 2022 AED 32,000; 2023 AED 36,250; 2024 AED 42,000; 2025 AED 46,687; 2026 AED 44,000New contract, December 2021: AED 25,000 a yearNew contract, December 2021: AED 25,000 a yearRenewal, December 2022: AED 27,000 a yearNew contract, September 2023: AED 38,000 a yearNew contract, June 2026: AED 40,000 a year

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 1503 sits

All 222 studios →

1503 last sold in September 2021 at AED 1,004 per sqft, 252% above what studios in The Square Tower were fetching at the time (AED 285). 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. 1503's AED 40,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
5 Jul 2026530,000
23 Jun 2026520,000
12 May 2026505,000
21 Apr 2026470,000
20 studio sales in the last 12 months

The Square Tower

Building

346 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%
The Square Tower, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 15th floor

All 346 units in The Square Tower
Value
15011-bedAED 250K · Apr 2021
1502StudioAED 480K · Aug 2024
1504StudioAED 450K · Oct 2019
1505StudioAED 400K · Apr 2019
1506StudioAED 525K · Jan 2026
1507StudioAED 397K · Oct 2018
15081-bedAED 807K · Feb 2022
1–7 of 13

1503, The Square Tower in numbers

  • Sold once: by Tiger Properties on 12 September 2021 for AED 420,824, or AED 1,004 per sqft.
  • Rented since December 2021 on 5 Ejari contracts, from AED 25,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2021 price is 9.5%, before a service charge of about AED 6,500 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 June 2026.

Questions about 1503, The Square Tower

What did unit 1503 last sell for?

AED 420,824 on 12 September 2021, sold by the developer: AED 1,004 per sqft for 419 sqft. It is the only registered sale of the unit.

What is the rent for unit 1503?

AED 40,000 a year on the contract signed on 1 June 2026. The previous contract, from September 2023, was AED 38,000; the unit has been rented since December 2021.

How big is unit 1503?

419 sqft (38.9 sqm): a studio on the 15th floor of a 36-storey tower completed in 2020.

What is unit 1503 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 1503, The Square Tower

Starts from the last sale price (AED 421K, 12 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 420,824
Deposit, UAE resident (20%)
AED 84,165
Deposit, non-resident (40%)
AED 168,330
Monthly over 25 years at 3.7%
AED 1,722

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