506, The Square Tower
Sold prices and rental history: sold once, by the developer in April 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, The Square Tower
What is 506 worth today?
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Source: Dubai Land Department. Updated 15 April 2026.
Key facts
- Type
- Studio apartment
- Size
- 415 sqft
- Floor
- 5th of 36
- Parking
- P3-13
- Developer
- Tiger Properties
- Completed
- 2020
- Service charge
- AED 6,500 /yr
- Last sold
- AED 432K · April 2019
- Building
- The Square Tower
About 506, The Square Tower
506 is a studio of 415 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 30 April 2019 for AED 432,390, or AED 1,042 per sqft, 12% below the AED 1,188 studios in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 15 April 2026, is AED 40,000 a year: a gross yield of 9.3% on the 2019 price, before the service charge of about AED 6,500 a year.
Sales and rents for 506 over time
506 has sold once; the dashed line is the studio median of each year in the building.
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 506 sits
All 222 studios →506 last sold in April 2019 at AED 1,042 per sqft, 12% below what studios in The Square Tower were fetching at the time (AED 1,188). 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. 506's AED 40,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Jul 20265 July 2026 | 337 sqft | 530,000 | 1,571 | ||
| 23 Jun 202623 June 2026 | 419 sqft | 520,000 | 1,241 | ||
| 12 May 202612 May 2026 | 488 sqft | 505,000 | 1,034 | ||
| 21 Apr 202621 April 2026 | 488 sqft | 470,000 | 963 |
The Square Tower
Building346 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%
Other units on the 5th floor
All 346 units in The Square Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 861 sqft | AED 646KAED 645,593 · Nov 2022November 2022 | 62,500 /yr | |
| 502 | Studio | 327 sqft | AED 500KAED 500,000 · Nov 2025November 2025 | 28,000 /yr | |
| 503 | Studio | 419 sqft | AED 433KAED 433,140 · Oct 2020October 2020 | 42,000 /yr | |
| 504 | Studio | 394 sqft | AED 428KAED 428,000 · Feb 2020February 2020 | 50,000 /yr | |
| 505 | Studio | 394 sqft | AED 428KAED 428,000 · Sep 2021September 2021 | ||
| 507 | Studio | 333 sqft | AED 398KAED 397,500 · Oct 2018October 2018 | 45,000 /yr | |
| 508 | 1-bed | 832 sqft | AED 748KAED 747,821 · Jan 2023January 2023 | 58,000 /yr | |
| 509 | 1-bed | 768 sqft | AED 727KAED 727,036 · Aug 2021August 2021 | 75,202 /yr | |
| 510 | Studio | 619 sqft | AED 470KAED 470,379 · May 2022May 2022 | 45,000 /yr | |
| 511 | Studio | 488 sqft | AED 470KAED 470,000 · Apr 2026April 2026 | 43,000 /yr | |
| 512 | Studio | 488 sqft | AED 555KAED 555,000 · Nov 2025November 2025 | 50,000 /yr | |
| 513 | Studio | 618 sqft | AED 650KAED 650,000 · Jul 2025July 2025 | 55,000 /yr | |
| 514 | 1-bed | 749 sqft | AED 708KAED 708,000 · Jul 2021July 2021 | 65,000 /yr |
506, The Square Tower in numbers
- Sold once: by Tiger Properties on 30 April 2019 for AED 432,390, or AED 1,042 per sqft.
- Rented since February 2022 on 2 Ejari contracts, from AED 28,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2019 price is 9.3%, 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 15 April 2026.
Questions about 506, The Square Tower
What did unit 506 last sell for?
AED 432,390 on 30 April 2019, sold by the developer: AED 1,042 per sqft for 415 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 40,000 a year on the contract signed on 15 April 2026. The previous contract, from February 2022, was AED 28,000.
How big is unit 506?
415 sqft (38.6 sqm): a studio on the 5th floor of a 36-storey tower completed in 2020.
What is unit 506 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 506, The Square Tower
Starts from the last sale price (AED 432K, 30 April 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 432,390
- Deposit, UAE resident (20%)
- AED 86,478
- Deposit, non-resident (40%)
- AED 172,956
- Monthly over 25 years at 3.7%
- AED 1,769
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →