Studio · 419 sqftThe Square Tower, Jumeirah Village Circle (JVC) · 16th floor · completed 2020

1603, The Square Tower

Sold prices and rental history: sold twice, last in September 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 12 October 2025
Last soldAED 540K29 September 2025
Current rentAED 50K /yr12 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, The Square Tower

What is 1603 worth today?

Last sold for AED 540,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Oct 2025RentedNew contract
AED 50,000/yr12 months · AED 119 per sqft
29 Sep 2025SoldReady
AED 540,000AED 1,289 per sqft
7 Mar 2023RentedNew contract
AED 42,000/yr12 months · AED 100 per sqft
9 Jan 2022RentedNew contract
AED 42,000/yr12 months · AED 100 per sqft
29 May 2019Sold by developerOff-plan
AED 434,000AED 1,035 per sqft

Source: Dubai Land Department. Updated 12 October 2025.

Key facts

Type
Studio apartment
Size
419 sqft
Floor
16th of 36
Parking
P2-28
Developer
Tiger Properties
Completed
2020
Service charge
AED 6,500 /yr
Last sold
AED 540K · September 2025

About 1603, The Square Tower

1603 is a studio of 419 sqft on the 16th floor of The Square Tower, a 36-storey tower in Jumeirah Village Circle (JVC) completed in 2020 by Tiger Properties. It last sold on 29 September 2025 for AED 540,000, or AED 1,289 per sqft, in line with the AED 1,264 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 12 October 2025, is AED 50,000 a year: a gross yield of 9.3% on the 2025 price, before the service charge of about AED 6,500 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, 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, May 2019: AED 434,000 (AED 1,035 per sqft)Sold, September 2025: AED 540,000 (AED 1,289 per sqft)

1603 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1603, 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, January 2022: AED 42,000 a yearNew contract, March 2023: AED 42,000 a yearNew contract, October 2025: AED 50,000 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 1603 sits

All 222 studios →

1603 last sold in September 2025 at AED 1,289 per sqft, in line with what studios in The Square Tower were fetching at the time (AED 1,264). 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. 1603's AED 50,000 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 16th floor

All 346 units in The Square Tower
Value
16011-bedNo registered sale
1602StudioAED 390K · Jul 2018
1604StudioAED 500K · Oct 2018
1605StudioAED 430K · Sep 2024
1606StudioAED 389K · Dec 2021
1607StudioAED 399K · Sep 2021
16081-bedAED 685K · Feb 2024
1–7 of 13

1603, The Square Tower in numbers

  • Sold twice: first on 29 May 2019 for AED 434,000, last on 29 September 2025 for AED 540,000 (AED 1,289 per sqft).
  • Rented since January 2022 on 3 Ejari contracts, from AED 42,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2025 price is 9.3%, 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 12 October 2025.

Questions about 1603, The Square Tower

What did unit 1603 last sell for?

AED 540,000 on 29 September 2025: AED 1,289 per sqft for 419 sqft. The unit has 2 registered sales; the first was AED 434,000 in May 2019.

What is the rent for unit 1603?

AED 50,000 a year on the contract signed on 12 October 2025. The previous contract, from March 2023, was AED 42,000; the unit has been rented since January 2022.

How big is unit 1603?

419 sqft (38.9 sqm): a studio on the 16th floor of a 36-storey tower completed in 2020.

What is unit 1603 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.

Selling 1603? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1603, The Square Tower

Starts from the last sale price (AED 540K, 29 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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