1-bed · 832 sqftThe Square Tower, Jumeirah Village Circle (JVC) · 4th floor · completed 2020

408, The Square Tower

Sold prices and rental history: sold once, by the developer in July 2021, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 20 July 2026
Last soldAED 829K11 July 2021
Current rentAED 68K /yr20 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, The Square Tower

What is 408 worth today?

Last sold for AED 828,610 in 2021

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20 Jul 2026RentedRenewal
AED 68,000/yr12 months · AED 82 per sqft
20 Jul 2025RentedRenewal
AED 66,000/yr12 months · AED 79 per sqft
20 Jul 2025RentedRenewal
AED 66,000/yr12 months · AED 79 per sqft
20 Jul 2024RentedNew contract
AED 66,000/yr12 months · AED 79 per sqft
20 Jul 2023RentedNew contract
AED 66,000/yr12 months · AED 80 per sqft
11 Jul 2021Sold by developerOff-plan
AED 828,610AED 996 per sqft

Source: Dubai Land Department. Updated 20 July 2026.

Key facts

Type
1-bed apartment
Size
832 sqft
Floor
4th of 36
Parking
P1-56
Developer
Tiger Properties
Completed
2020
Service charge
AED 13,000 /yr
Last sold
AED 829K · July 2021

About 408, The Square Tower

408 is a one-bedroom apartment of 832 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 11 July 2021 for AED 828,610, or AED 996 per sqft, 233% above the AED 299 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 20 July 2026, is AED 68,000 a year: a gross yield of 8.2% on the 2021 price, before the service charge of about AED 13,000 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in The Square Tower
500K1M2018202120242027Typical sale price by year: 2018 AED 683,140; 2021 AED 486,450; 2022 AED 250,000; 2023 AED 675,000; 2024 AED 750,000; 2025 AED 830,000; 2026 AED 900,000Sold by developer, July 2021: AED 828,610 (AED 996 per sqft)

408 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 408, each contractTypical one-bed in The Square Tower
40K60K2021202320252027Typical rent by year: 2021 AED 35,000; 2022 AED 42,000; 2023 AED 51,760; 2024 AED 60,000; 2025 AED 66,000; 2026 AED 64,000New contract, July 2023: AED 66,000 a yearNew contract, July 2024: AED 66,000 a yearRenewal, July 2025: AED 66,000 a yearRenewal, July 2025: AED 66,000 a yearRenewal, July 2026: AED 68,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Square Tower, and where 408 sits

All 120 1-beds →

408 last sold in July 2021 at AED 996 per sqft, 233% above what one-beds in The Square Tower were fetching at the time (AED 299). Over the last 12 months one-beds sold for AED 250,000 to 1,000,000, around AED 943 per sqft, and rent for AED 40,000 to 80,000 a year. 408's AED 68,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 2026901,000
7 Aug 2026740,000
16 Jul 2026900,000
24 Mar 2026250,000
10 1-bed 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
406StudioAED 425K · Sep 2021
407StudioAED 389K · Dec 2018
1–7 of 13

408, The Square Tower in numbers

  • Sold once: by Tiger Properties on 11 July 2021 for AED 828,610, or AED 996 per sqft.
  • Rented since July 2023 on 5 Ejari contracts, from AED 66,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2021 price is 8.2%, before a service charge of about AED 13,000 a year (AED 15.60 per sqft).
  • One-beds in The Square Tower sold for AED 250,000–1,000,000 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 20 July 2026.

Questions about 408, The Square Tower

What did unit 408 last sell for?

AED 828,610 on 11 July 2021, sold by the developer: AED 996 per sqft for 832 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 68,000 a year on the contract renewed on 20 July 2026. The previous contract, from July 2025, was AED 66,000; the unit has been rented since July 2023.

How big is unit 408?

832 sqft (77.3 sqm): a one-bedroom apartment on the 4th floor of a 36-storey tower completed in 2020.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Square Tower sold for AED 250,000 to 1,000,000 in the last 12 months, around AED 943 per sqft.

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Mortgage on 408, The Square Tower

Starts from the last sale price (AED 829K, 11 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 828,610
Deposit, UAE resident (20%)
AED 165,722
Deposit, non-resident (40%)
AED 331,444
Monthly over 25 years at 3.7%
AED 3,390

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