Studio · 414 sqftThe Square Tower, Jumeirah Village Circle (JVC) · 23rd floor · completed 2020

2306, The Square Tower

Sold prices and rental history: sold once, by the developer in July 2021, and rented once, from October 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2306 · DLD and Ejari recordsUpdated 1 October 2022
Last soldAED 432K12 July 2021
Current rentAED 33K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2306, The Square Tower

What is 2306 worth today?

Last sold for AED 432,386 in 2021

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1 Oct 2022RentedNew contract
AED 33,000/yr12 months · AED 79 per sqft
12 Jul 2021Sold by developerOff-plan
AED 432,386AED 1,043 per sqft

Source: Dubai Land Department. Updated 1 October 2022.

Key facts

Type
Studio apartment
Size
414 sqft
Floor
23rd of 36
Parking
P3-43
Developer
Tiger Properties
Completed
2020
Service charge
AED 6,500 /yr
Last sold
AED 432K · July 2021

About 2306, The Square Tower

2306 is a studio of 414 sqft on the 23rd 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 12 July 2021 for AED 432,386, or AED 1,043 per sqft, 281% above the AED 274 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2022. The current contract, signed on 1 October 2022, is AED 33,000 a year: a gross yield of 7.6% on the 2021 price, before the service charge of about AED 6,500 a year.

Sales and rents for 2306 over time

Sales
Unit 2306, 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, July 2021: AED 432,386 (AED 1,043 per sqft)

2306 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2306, 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, October 2022: AED 33,000 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 2306 sits

All 222 studios →

2306 last sold in July 2021 at AED 1,043 per sqft, 281% above what studios in The Square Tower were fetching at the time (AED 274). 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. 2306's AED 33,000 is in the lower 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 23rd floor

All 346 units in The Square Tower
Value
23011-bedAED 481K · Nov 2021
2302StudioAED 389K · Oct 2018
2303StudioAED 650K · Apr 2024
2304StudioAED 430K · Nov 2022
2305StudioAED 410K · Apr 2019
2307StudioAED 397K · Mar 2023
23081-bedAED 486K · Nov 2021
1–7 of 13

2306, The Square Tower in numbers

  • Sold once: by Tiger Properties on 12 July 2021 for AED 432,386, or AED 1,043 per sqft.
  • Rented since October 2022 on one Ejari contract, at AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2021 price is 7.6%, 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 1 October 2022.

Questions about 2306, The Square Tower

What did unit 2306 last sell for?

AED 432,386 on 12 July 2021, sold by the developer: AED 1,043 per sqft for 414 sqft. It is the only registered sale of the unit.

What is the rent for unit 2306?

AED 33,000 a year on the contract signed on 1 October 2022.

How big is unit 2306?

414 sqft (38.5 sqm): a studio on the 23rd floor of a 36-storey tower completed in 2020.

What is unit 2306 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 2306, The Square Tower

Starts from the last sale price (AED 432K, 12 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 432,386
Deposit, UAE resident (20%)
AED 86,477
Deposit, non-resident (40%)
AED 172,954
Monthly over 25 years at 3.7%
AED 1,769

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