1507, The Square Tower
Sold prices and rental history: sold once, by the developer in October 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1507, The Square Tower
What is 1507 worth today?
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Source: Dubai Land Department. Updated 7 May 2023.
Key facts
- Type
- Studio apartment
- Size
- 333 sqft
- Floor
- 15th of 36
- Parking
- B2-56
- Developer
- Tiger Properties
- Completed
- 2020
- Service charge
- AED 5,200 /yr
- Last sold
- AED 397K · October 2018
- Building
- The Square Tower
About 1507, The Square Tower
1507 is a studio of 333 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 9 October 2018 for AED 397,105, or AED 1,193 per sqft, in line with the AED 1,191 studios in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 7 May 2023, is AED 31,900 a year: a gross yield of 8.0% on the 2018 price, before the service charge of about AED 5,200 a year.
Sales and rents for 1507 over time
1507 has sold once; 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 1507 sits
All 222 studios →1507 last sold in October 2018 at AED 1,193 per sqft, in line with what studios in The Square Tower were fetching at the time (AED 1,191). 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. 1507's AED 31,900 is in the lower 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 15th floor
All 346 units in The Square Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 818 sqft | AED 250KAED 250,000 · Apr 2021April 2021 | 47,250 /yr | |
| 1502 | Studio | 327 sqft | AED 480KAED 480,000 · Aug 2024August 2024 | 36,000 /yr | |
| 1503 | Studio | 419 sqft | AED 421KAED 420,824 · Sep 2021September 2021 | 40,000 /yr | |
| 1504 | Studio | 394 sqft | AED 450KAED 450,000 · Oct 2019October 2019 | 37,000 /yr | |
| 1505 | Studio | 394 sqft | AED 400KAED 400,000 · Apr 2019April 2019 | 44,000 /yr | |
| 1506 | Studio | 415 sqft | AED 525KAED 525,000 · Jan 2026January 2026 | 40,950 /yr | |
| 1508 | 1-bed | 832 sqft | AED 807KAED 806,875 · Feb 2022February 2022 | 70,000 /yr | |
| 1509 | 1-bed | 768 sqft | No registered sale | 65,000 /yr | |
| 1510 | Studio | 619 sqft | AED 170KAED 170,000 · May 2021May 2021 | 20,500 /yr | |
| 1511 | Studio | 488 sqft | AED 493KAED 492,660 · Nov 2021November 2021 | ||
| 1512 | Studio | 488 sqft | AED 493KAED 492,560 · Mar 2020March 2020 | 50,000 /yr | |
| 1513 | Studio | 618 sqft | AED 170KAED 170,000 · May 2021May 2021 | 54,000 /yr | |
| 1514 | 1-bed | 749 sqft | AED 708KAED 708,434 · Mar 2022March 2022 | 63,000 /yr |
1507, The Square Tower in numbers
- Sold once: by Tiger Properties on 9 October 2018 for AED 397,105, or AED 1,193 per sqft.
- Rented since May 2022 on 2 Ejari contracts, from AED 29,000 to AED 31,900 a year.
- At AED 31,900 a year the gross yield on the 2018 price is 8.0%, before a service charge of about AED 5,200 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 7 May 2023.
Questions about 1507, The Square Tower
What did unit 1507 last sell for?
AED 397,105 on 9 October 2018, sold by the developer: AED 1,193 per sqft for 333 sqft. It is the only registered sale of the unit.
What is the rent for unit 1507?
AED 31,900 a year on the contract renewed on 7 May 2023. The previous contract, from May 2022, was AED 29,000.
How big is unit 1507?
333 sqft (30.9 sqm): a studio on the 15th floor of a 36-storey tower completed in 2020.
What is unit 1507 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 1507, The Square Tower
Starts from the last sale price (AED 397K, 9 October 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 397,105
- Deposit, UAE resident (20%)
- AED 79,421
- Deposit, non-resident (40%)
- AED 158,842
- Monthly over 25 years at 3.7%
- AED 1,625
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →