Studio · 491 sqftThe Square Tower, Jumeirah Village Circle (JVC) · 23rd floor · completed 2020

2312, The Square Tower

Sold prices and rental history: sold twice, last in February 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2312 · DLD and Ejari recordsUpdated 9 October 2026
Last soldAED 455K13 February 2024
Current rentAED 47K /yr9 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2312, The Square Tower

What is 2312 worth today?

Last sold for AED 455,000 in 2024

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9 Oct 2026RentedNew contract
AED 47,250/yr12 months · AED 96 per sqft
9 Oct 2025RentedRenewal
AED 47,250/yr12 months · AED 95 per sqft
9 Oct 2024RentedNew contract
AED 45,000/yr12 months · AED 91 per sqft
13 Feb 2024SoldReady
AED 455,000AED 926 per sqft
1 Oct 2020Sold by developerOff-plan
AED 492,560AED 1,003 per sqft

Source: Dubai Land Department. Updated 9 October 2026.

Key facts

Type
Studio apartment
Size
491 sqft
Floor
23rd of 36
Parking
P2-39
Developer
Tiger Properties
Completed
2020
Service charge
AED 7,700 /yr
Last sold
AED 455K · February 2024

About 2312, The Square Tower

2312 is a studio of 491 sqft on the 23rd floor of The Square Tower, a 36-storey tower in Jumeirah Village Circle (JVC) completed in 2020 by Tiger Properties. It last sold on 13 February 2024 for AED 455,000, or AED 926 per sqft, in line with the AED 950 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 9 October 2026, is AED 47,250 a year: a gross yield of 10.4% on the 2024 price, before the service charge of about AED 7,700 a year.

Sales and rents for 2312 over time

Sales
Unit 2312, 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 2020: AED 492,560 (AED 1,003 per sqft)Sold, February 2024: AED 455,000 (AED 926 per sqft)

2312 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2312, 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 2024: AED 45,000 a yearRenewal, October 2025: AED 47,250 a yearNew contract, October 2026: AED 47,250 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 2312 sits

All 222 studios →

2312 last sold in February 2024 at AED 926 per sqft, in line with what studios in The Square Tower were fetching at the time (AED 950). 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. 2312's AED 47,250 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 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
2306StudioAED 432K · Jul 2021
2307StudioAED 397K · Mar 2023
1–7 of 13

2312, The Square Tower in numbers

  • Sold twice: first on 1 October 2020 for AED 492,560, last on 13 February 2024 for AED 455,000 (AED 926 per sqft).
  • Rented since October 2024 on 3 Ejari contracts, from AED 45,000 to AED 47,250 a year.
  • At AED 47,250 a year the gross yield on the 2024 price is 10.4%, before a service charge of about AED 7,700 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 9 October 2026.

Questions about 2312, The Square Tower

What did unit 2312 last sell for?

AED 455,000 on 13 February 2024: AED 926 per sqft for 491 sqft. The unit has 2 registered sales; the first was AED 492,560 in October 2020.

What is the rent for unit 2312?

AED 47,250 a year on the contract signed on 9 October 2026. The previous contract, from October 2025, was AED 47,250; the unit has been rented since October 2024.

How big is unit 2312?

491 sqft (45.6 sqm): a studio on the 23rd floor of a 36-storey tower completed in 2020.

What is unit 2312 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 2312, The Square Tower

Starts from the last sale price (AED 455K, 13 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 455,000
Deposit, UAE resident (20%)
AED 91,000
Deposit, non-resident (40%)
AED 182,000
Monthly over 25 years at 3.7%
AED 1,862

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