1-bed · 861 sqftThe Square Tower, Jumeirah Village Circle (JVC) · 5th floor · completed 2020

501, The Square Tower

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

Unit 501 · DLD and Ejari recordsUpdated 8 August 2025
Last soldAED 646K21 November 2022
Current rentAED 63K /yr8 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, The Square Tower

What is 501 worth today?

Last sold for AED 645,593 in 2022

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8 Aug 2025RentedNew contract
AED 62,500/yr12 months · AED 73 per sqft
24 Sep 2023RentedRenewal
AED 44,275/yr12 months · AED 51 per sqft
21 Nov 2022Sold by developerReady
AED 645,593AED 749 per sqft
24 Sep 2022RentedRenewal
AED 40,250/yr12 months · AED 47 per sqft
24 Sep 2021RentedNew contract
AED 35,000/yr12 months · AED 41 per sqft

Source: Dubai Land Department. Updated 8 August 2025.

Key facts

Type
1-bed apartment
Size
861 sqft
Floor
5th of 36
Parking
B1-18
Developer
Tiger Properties
Completed
2020
Service charge
AED 13,400 /yr
Last sold
AED 646K · November 2022

About 501, The Square Tower

501 is a one-bedroom apartment of 861 sqft on the 5th 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 21 November 2022 for AED 645,593, or AED 749 per sqft, 130% above the AED 325 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 8 August 2025, is AED 62,500 a year: a gross yield of 9.7% on the 2022 price, before the service charge of about AED 13,400 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, November 2022: AED 645,593 (AED 749 per sqft)

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

Rents
Unit 501, 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, September 2021: AED 35,000 a yearRenewal, September 2022: AED 40,250 a yearRenewal, September 2023: AED 44,275 a yearNew contract, August 2025: AED 62,500 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 501 sits

All 120 1-beds →

501 last sold in November 2022 at AED 749 per sqft, 130% above what one-beds in The Square Tower were fetching at the time (AED 325). 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. 501's AED 62,500 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 5th floor

All 346 units in The Square Tower
Value
502StudioAED 500K · Nov 2025
503StudioAED 433K · Oct 2020
504StudioAED 428K · Feb 2020
505StudioAED 428K · Sep 2021
506StudioAED 432K · Apr 2019
507StudioAED 398K · Oct 2018
5081-bedAED 748K · Jan 2023
1–7 of 13

501, The Square Tower in numbers

  • Sold once: by Tiger Properties on 21 November 2022 for AED 645,593, or AED 749 per sqft.
  • Rented since September 2021 on 4 Ejari contracts, from AED 35,000 to AED 62,500 a year.
  • At AED 62,500 a year the gross yield on the 2022 price is 9.7%, before a service charge of about AED 13,400 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 8 August 2025.

Questions about 501, The Square Tower

What did unit 501 last sell for?

AED 645,593 on 21 November 2022, sold by the developer: AED 749 per sqft for 861 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 62,500 a year on the contract signed on 8 August 2025. The previous contract, from September 2023, was AED 44,275; the unit has been rented since September 2021.

How big is unit 501?

861 sqft (80.0 sqm): a one-bedroom apartment on the 5th floor of a 36-storey tower completed in 2020.

What is unit 501 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 501, The Square Tower

Starts from the last sale price (AED 646K, 21 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 645,593
Deposit, UAE resident (20%)
AED 129,119
Deposit, non-resident (40%)
AED 258,237
Monthly over 25 years at 3.7%
AED 2,641

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