Studio · 415 sqftThe Square Tower, Jumeirah Village Circle (JVC) · 15th floor · completed 2020

1506, The Square Tower

Sold prices and rental history: sold twice, last in January 2026, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 14 January 2026
Last soldAED 525K14 January 2026
Current rentAED 41K /yr3 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, The Square Tower

What is 1506 worth today?

Last sold for AED 525,000 in 2026

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14 Jan 2026SoldReady
AED 525,000AED 1,265 per sqft
3 Jan 2025RentedRenewal
AED 40,950/yr12 months · AED 98 per sqft
3 Jan 2025RentedRenewal
AED 40,950/yr12 months · AED 98 per sqft
3 Jan 2024RentedNew contract
AED 39,000/yr12 months · AED 93 per sqft
23 Nov 2022RentedNew contract
AED 34,000/yr12 months · AED 81 per sqft
30 Sep 2021Sold by developerOff-plan
AED 470,000AED 1,132 per sqft

Source: Dubai Land Department. Updated 14 January 2026.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
15th of 36
Parking
B1-41
Developer
Tiger Properties
Completed
2020
Service charge
AED 6,500 /yr
Last sold
AED 525K · January 2026

About 1506, The Square Tower

1506 is a studio of 415 sqft on the 15th floor of The Square Tower, a 36-storey tower in Jumeirah Village Circle (JVC) completed in 2020 by Tiger Properties. It last sold on 14 January 2026 for AED 525,000, or AED 1,265 per sqft, in line with the AED 1,262 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 3 January 2025, is AED 40,950 a year: a gross yield of 7.8% on the 2026 price, before the service charge of about AED 6,500 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, 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 470,000 (AED 1,132 per sqft)Sold, January 2026: AED 525,000 (AED 1,265 per sqft)

1506 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1506, each contractTypical studio in The Square Tower
30K40K2021202320252027Typical 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, November 2022: AED 34,000 a yearNew contract, January 2024: AED 39,000 a yearRenewal, January 2025: AED 40,950 a yearRenewal, January 2025: AED 40,950 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 1506 sits

All 222 studios →

1506 last sold in January 2026 at AED 1,265 per sqft, in line with what studios in The Square Tower were fetching at the time (AED 1,262). 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. 1506's AED 40,950 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
1503StudioAED 421K · Sep 2021
1504StudioAED 450K · Oct 2019
1505StudioAED 400K · Apr 2019
1507StudioAED 397K · Oct 2018
15081-bedAED 807K · Feb 2022
1–7 of 13

1506, The Square Tower in numbers

  • Sold twice: first on 30 September 2021 for AED 470,000, last on 14 January 2026 for AED 525,000 (AED 1,265 per sqft).
  • Rented since November 2022 on 4 Ejari contracts, from AED 34,000 to AED 40,950 a year.
  • At AED 40,950 a year the gross yield on the 2026 price is 7.8%, 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 14 January 2026.

Questions about 1506, The Square Tower

What did unit 1506 last sell for?

AED 525,000 on 14 January 2026: AED 1,265 per sqft for 415 sqft. The unit has 2 registered sales; the first was AED 470,000 in September 2021.

What is the rent for unit 1506?

AED 40,950 a year on the contract renewed on 3 January 2025. The previous contract, from January 2025, was AED 40,950; the unit has been rented since November 2022.

How big is unit 1506?

415 sqft (38.6 sqm): a studio on the 15th floor of a 36-storey tower completed in 2020.

What is unit 1506 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 1506, The Square Tower

Starts from the last sale price (AED 525K, 14 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 525,000
Deposit, UAE resident (20%)
AED 105,000
Deposit, non-resident (40%)
AED 210,000
Monthly over 25 years at 3.7%
AED 2,148

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