1612, The Square Tower
Sold prices and rental history: sold twice, last in September 2023, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1612, The Square Tower
What is 1612 worth today?
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Source: Dubai Land Department. Updated 4 September 2023.
Key facts
- Type
- Studio apartment
- Size
- 488 sqft
- Floor
- 16th of 36
- Parking
- P1-52
- Developer
- Tiger Properties
- Completed
- 2020
- Service charge
- AED 7,600 /yr
- Last sold
- AED 482K · September 2023
- Building
- The Square Tower
About 1612, The Square Tower
1612 is a studio of 488 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 4 September 2023 for AED 482,000, or AED 987 per sqft, 7% above the AED 920 studios in the building were fetching at the time.
One Ejari contract is registered, from 22 September 2022. The current contract, signed on 22 September 2022, is AED 32,000 a year: a gross yield of 6.6% on the 2023 price, before the service charge of about AED 7,600 a year.
Sales and rents for 1612 over time
1612 has sold twice; 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 1612 sits
All 222 studios →1612 last sold in September 2023 at AED 987 per sqft, 7% above what studios in The Square Tower were fetching at the time (AED 920). 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. 1612's AED 32,000 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 16th floor
All 346 units in The Square Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 861 sqft | No registered sale | 53,700 /yr | |
| 1602 | Studio | 327 sqft | AED 390KAED 389,577 · Jul 2018July 2018 | 43,000 /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 | |
| 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 |
1612, The Square Tower in numbers
- Sold twice: first on 22 September 2021 for AED 492,560, last on 4 September 2023 for AED 482,000 (AED 987 per sqft).
- Rented since September 2022 on one Ejari contract, at AED 32,000 a year.
- At AED 32,000 a year the gross yield on the 2023 price is 6.6%, before a service charge of about AED 7,600 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 4 September 2023.
Questions about 1612, The Square Tower
What did unit 1612 last sell for?
AED 482,000 on 4 September 2023: AED 987 per sqft for 488 sqft. The unit has 2 registered sales; the first was AED 492,560 in September 2021.
What is the rent for unit 1612?
AED 32,000 a year on the contract signed on 22 September 2022.
How big is unit 1612?
488 sqft (45.3 sqm): a studio on the 16th floor of a 36-storey tower completed in 2020.
What is unit 1612 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 1612, The Square Tower
Starts from the last sale price (AED 482K, 4 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 482,000
- Deposit, UAE resident (20%)
- AED 96,400
- Deposit, non-resident (40%)
- AED 192,800
- Monthly over 25 years at 3.7%
- AED 1,972
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →