Studio · 394 sqftThe Square Tower, Jumeirah Village Circle (JVC) · 5th floor · completed 2020

505, The Square Tower

Sold prices and rental history: sold once, by the developer in September 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 6 September 2021
Last soldAED 428K6 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, The Square Tower

What is 505 worth today?

Last sold for AED 428,000 in 2021

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6 Sep 2021Sold by developerOff-plan
AED 428,000AED 1,086 per sqft

Source: Dubai Land Department. Updated 6 September 2021.

Key facts

Type
Studio apartment
Size
394 sqft
Floor
5th of 36
Parking
P3-12
Developer
Tiger Properties
Completed
2020
Service charge
AED 6,100 /yr
Last sold
AED 428K · September 2021

About 505, The Square Tower

505 is a studio of 394 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 6 September 2021 for AED 428,000, or AED 1,086 per sqft, 281% above the AED 285 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, 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 428,000 (AED 1,086 per sqft)

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

Rents
Unit 505, 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 44,000

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 505 sits

All 222 studios →

505 last sold in September 2021 at AED 1,086 per sqft, 281% 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.

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 5th floor

All 346 units in The Square Tower
Value
5011-bedAED 646K · Nov 2022
502StudioAED 500K · Nov 2025
503StudioAED 433K · Oct 2020
504StudioAED 428K · Feb 2020
506StudioAED 432K · Apr 2019
507StudioAED 398K · Oct 2018
5081-bedAED 748K · Jan 2023
1–7 of 13

505, The Square Tower in numbers

  • Sold once: by Tiger Properties on 6 September 2021 for AED 428,000, or AED 1,086 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 6 September 2021.

Questions about 505, The Square Tower

What did unit 505 last sell for?

AED 428,000 on 6 September 2021, sold by the developer: AED 1,086 per sqft for 394 sqft. It is the only registered sale of the unit.

How big is unit 505?

394 sqft (36.6 sqm): a studio on the 5th floor of a 36-storey tower completed in 2020.

What is unit 505 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 505, The Square Tower

Starts from the last sale price (AED 428K, 6 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 428,000
Deposit, UAE resident (20%)
AED 85,600
Deposit, non-resident (40%)
AED 171,200
Monthly over 25 years at 3.7%
AED 1,751

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