Studio · 415 sqftThe Square Tower, Jumeirah Village Circle (JVC) · 4th floor · completed 2020

406, The Square Tower

Sold prices and rental history: sold once, by the developer in September 2021, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 2 September 2026
Last soldAED 425K6 September 2021
Current rentAED 38K /yr2 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, The Square Tower

What is 406 worth today?

Last sold for AED 425,000 in 2021

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2 Sep 2026RentedNew contract
AED 38,000/yr12 months · AED 92 per sqft
21 Apr 2025RentedNew contract
AED 42,000/yr12 months · AED 100 per sqft
21 Apr 2025RentedNew contract
AED 42,000/yr12 months · AED 100 per sqft
6 Sep 2021Sold by developerOff-plan
AED 425,000AED 1,024 per sqft

Source: Dubai Land Department. Updated 2 September 2026.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
4th of 36
Parking
P4-76
Developer
Tiger Properties
Completed
2020
Service charge
AED 6,500 /yr
Last sold
AED 425K · September 2021

About 406, The Square Tower

406 is a studio of 415 sqft on the 4th 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 6 September 2021 for AED 425,000, or AED 1,024 per sqft, 259% above the AED 285 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 2 September 2026, is AED 38,000 a year: a gross yield of 8.9% on the 2021 price, before the service charge of about AED 6,500 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, September 2021: AED 425,000 (AED 1,024 per sqft)

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

Rents
Unit 406, 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, April 2025: AED 42,000 a yearNew contract, April 2025: AED 42,000 a yearNew contract, September 2026: AED 38,000 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 406 sits

All 222 studios →

406 last sold in September 2021 at AED 1,024 per sqft, 259% above what studios in The Square Tower were fetching at the time (AED 285). 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. 406's AED 38,000 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 4th floor

All 346 units in The Square Tower
Value
4011-bedAED 646K · Nov 2022
402StudioAED 480K · Jan 2026
403StudioNo registered sale
404StudioAED 550K · Dec 2025
405StudioAED 430K · Sep 2024
407StudioAED 389K · Dec 2018
4081-bedAED 829K · Jul 2021
1–7 of 13

406, The Square Tower in numbers

  • Sold once: by Tiger Properties on 6 September 2021 for AED 425,000, or AED 1,024 per sqft.
  • Rented since April 2025 on 3 Ejari contracts, from AED 42,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2021 price is 8.9%, 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 2 September 2026.

Questions about 406, The Square Tower

What did unit 406 last sell for?

AED 425,000 on 6 September 2021, sold by the developer: AED 1,024 per sqft for 415 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 38,000 a year on the contract signed on 2 September 2026. The previous contract, from April 2025, was AED 42,000; the unit has been rented since April 2025.

How big is unit 406?

415 sqft (38.6 sqm): a studio on the 4th floor of a 36-storey tower completed in 2020.

What is unit 406 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 406, The Square Tower

Starts from the last sale price (AED 425K, 6 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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