1602, The Square Tower
Sold prices and rental history: sold once, by the developer in July 2018, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, The Square Tower
What is 1602 worth today?
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Source: Dubai Land Department. Updated 25 April 2024.
Key facts
- Type
- Studio apartment
- Size
- 327 sqft
- Floor
- 16th of 36
- Parking
- P2-27
- Developer
- Tiger Properties
- Completed
- 2020
- Service charge
- AED 5,100 /yr
- Last sold
- AED 390K · July 2018
- Building
- The Square Tower
About 1602, The Square Tower
1602 is a studio of 327 sqft on the 16th 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 11 July 2018 for AED 389,577, or AED 1,191 per sqft, in line with the AED 1,190 studios in the building were fetching at the time.
One Ejari contract is registered, from 25 April 2024. The current contract, signed on 25 April 2024, is AED 43,000 a year: a gross yield of 11.0% on the 2018 price, before the service charge of about AED 5,100 a year.
Sales and rents for 1602 over time
1602 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 1602 sits
All 222 studios →1602 last sold in July 2018 at AED 1,191 per sqft, in line with what studios in The Square Tower were fetching at the time (AED 1,190). 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. 1602's AED 43,000 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 16th floor
All 346 units in The Square Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 861 sqft | No registered sale | 53,700 /yr | |
| 1603 | Studio | 419 sqft | AED 540KAED 540,000 · Sep 2025September 2025 | 50,000 /yr | |
| 1604 | Studio | 394 sqft | AED 500KAED 500,000 · Oct 2018October 2018 | 42,000 /yr | |
| 1605 | Studio | 394 sqft | AED 430KAED 430,000 · Sep 2024September 2024 | 45,000 /yr | |
| 1606 | Studio | 415 sqft | AED 389KAED 389,151 · Dec 2021December 2021 | ||
| 1607 | Studio | 333 sqft | AED 399KAED 399,384 · Sep 2021September 2021 | 45,000 /yr | |
| 1608 | 1-bed | 832 sqft | AED 685KAED 685,000 · Feb 2024February 2024 | 63,000 /yr | |
| 1609 | 1-bed | 768 sqft | AED 730KAED 730,000 · Dec 2021December 2021 | 72,000 /yr | |
| 1610 | Studio | 619 sqft | AED 170KAED 170,000 · May 2021May 2021 | 54,570 /yr | |
| 1611 | Studio | 488 sqft | AED 625KAED 625,000 · Aug 2025August 2025 | 50,000 /yr | |
| 1612 | Studio | 488 sqft | AED 482KAED 482,000 · Sep 2023September 2023 | 32,000 /yr | |
| 1613 | Studio | 618 sqft | AED 638KAED 638,000 · Oct 2025October 2025 | 52,000 /yr | |
| 1614 | 1-bed | 749 sqft | AED 800KAED 800,000 · Jan 2026January 2026 | 68,000 /yr |
1602, The Square Tower in numbers
- Sold once: by Tiger Properties on 11 July 2018 for AED 389,577, or AED 1,191 per sqft.
- Rented since April 2024 on one Ejari contract, at AED 43,000 a year.
- At AED 43,000 a year the gross yield on the 2018 price is 11.0%, before a service charge of about AED 5,100 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 25 April 2024.
Questions about 1602, The Square Tower
What did unit 1602 last sell for?
AED 389,577 on 11 July 2018, sold by the developer: AED 1,191 per sqft for 327 sqft. It is the only registered sale of the unit.
What is the rent for unit 1602?
AED 43,000 a year on the contract signed on 25 April 2024.
How big is unit 1602?
327 sqft (30.4 sqm): a studio on the 16th floor of a 36-storey tower completed in 2020.
What is unit 1602 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 1602, The Square Tower
Starts from the last sale price (AED 390K, 11 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 389,577
- Deposit, UAE resident (20%)
- AED 77,915
- Deposit, non-resident (40%)
- AED 155,831
- Monthly over 25 years at 3.7%
- AED 1,594
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →