Studio · 394 sqftThe Square Tower, Jumeirah Village Circle (JVC) · 16th floor · completed 2020

1604, The Square Tower

Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 24 February 2026
Last soldAED 500K30 October 2018
Current rentAED 42K /yr24 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, The Square Tower

What is 1604 worth today?

Last sold for AED 500,000 in 2018

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24 Feb 2026RentedRenewal
AED 42,000/yr12 months · AED 105 per sqft
24 Feb 2025RentedNew contract
AED 42,000/yr12 months · AED 105 per sqft
24 Feb 2025RentedNew contract
AED 42,000/yr12 months · AED 105 per sqft
31 Jan 2024RentedNew contract
AED 38,000/yr12 months · AED 95 per sqft
8 Feb 2023RentedNew contract
AED 38,000/yr12 months · AED 95 per sqft
7 Feb 2022RentedNew contract
AED 36,000/yr12 months · AED 90 per sqft
30 Oct 2018Sold by developerOff-plan
AED 500,000AED 1,269 per sqft

Source: Dubai Land Department. Updated 24 February 2026.

Key facts

Type
Studio apartment
Size
394 sqft
Floor
16th of 36
Parking
P1-39
Developer
Tiger Properties
Completed
2020
Service charge
AED 6,100 /yr
Last sold
AED 500K · October 2018

About 1604, The Square Tower

1604 is a studio of 394 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 30 October 2018 for AED 500,000, or AED 1,269 per sqft, 7% above the AED 1,191 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 24 February 2026, is AED 42,000 a year: a gross yield of 8.4% on the 2018 price, before the service charge of about AED 6,100 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, 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, October 2018: AED 500,000 (AED 1,269 per sqft)

1604 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1604, 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, February 2022: AED 36,000 a yearNew contract, February 2023: AED 38,000 a yearNew contract, January 2024: AED 38,000 a yearNew contract, February 2025: AED 42,000 a yearNew contract, February 2025: AED 42,000 a yearRenewal, February 2026: AED 42,000 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 1604 sits

All 222 studios →

1604 last sold in October 2018 at AED 1,269 per sqft, 7% above 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. 1604's AED 42,000 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
1603StudioAED 540K · Sep 2025
1605StudioAED 430K · Sep 2024
1606StudioAED 389K · Dec 2021
1607StudioAED 399K · Sep 2021
16081-bedAED 685K · Feb 2024
1–7 of 13

1604, The Square Tower in numbers

  • Sold once: by Tiger Properties on 30 October 2018 for AED 500,000, or AED 1,269 per sqft.
  • Rented since February 2022 on 6 Ejari contracts, from AED 36,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2018 price is 8.4%, before a service charge of about AED 6,100 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 24 February 2026.

Questions about 1604, The Square Tower

What did unit 1604 last sell for?

AED 500,000 on 30 October 2018, sold by the developer: AED 1,269 per sqft for 394 sqft. It is the only registered sale of the unit.

What is the rent for unit 1604?

AED 42,000 a year on the contract renewed on 24 February 2026. The previous contract, from February 2025, was AED 42,000; the unit has been rented since February 2022.

How big is unit 1604?

394 sqft (36.6 sqm): a studio on the 16th floor of a 36-storey tower completed in 2020.

What is unit 1604 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 1604, The Square Tower

Starts from the last sale price (AED 500K, 30 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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