1-bed · 832 sqftThe Square Tower, Jumeirah Village Circle (JVC) · 5th floor · completed 2020

508, The Square Tower

Sold prices and rental history: sold once, by the developer in January 2023, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 5 April 2026
Last soldAED 748K24 January 2023
Current rentAED 70K /yr5 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, The Square Tower

What is 508 worth today?

Last sold for AED 747,821 in 2023

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5 Apr 2026RentedRenewal
AED 70,000/yr12 months · AED 84 per sqft
5 Apr 2026RentedRenewal
AED 70,000/yr12 months · AED 84 per sqft
5 Apr 2026RentedRenewal
AED 58,000/yr12 months · AED 70 per sqft
5 Apr 2025RentedNew contract
AED 58,000/yr12 months · AED 70 per sqft
24 Jan 2023Sold by developerReady
AED 747,821AED 898 per sqft

Source: Dubai Land Department. Updated 5 April 2026.

Key facts

Type
1-bed apartment
Size
832 sqft
Floor
5th of 36
Parking
P3-15
Developer
Tiger Properties
Completed
2020
Service charge
AED 13,000 /yr
Last sold
AED 748K · January 2023

About 508, The Square Tower

508 is a one-bedroom apartment of 832 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 24 January 2023 for AED 747,821, or AED 898 per sqft, 176% above the AED 325 one-beds in the building were fetching at the time.

It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, renewed on 5 April 2026, is AED 70,000 a year: a gross yield of 9.4% on the 2023 price, before the service charge of about AED 13,000 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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, January 2023: AED 747,821 (AED 898 per sqft)

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

Rents
Unit 508, 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, April 2025: AED 58,000 a yearRenewal, April 2026: AED 70,000 a yearRenewal, April 2026: AED 70,000 a yearRenewal, April 2026: AED 58,000 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 508 sits

All 120 1-beds →

508 last sold in January 2023 at AED 898 per sqft, 176% 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. 508's AED 70,000 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 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
505StudioAED 428K · Sep 2021
506StudioAED 432K · Apr 2019
507StudioAED 398K · Oct 2018
1–7 of 13

508, The Square Tower in numbers

  • Sold once: by Tiger Properties on 24 January 2023 for AED 747,821, or AED 898 per sqft.
  • Rented since April 2025 on 4 Ejari contracts, from AED 58,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 9.4%, 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 5 April 2026.

Questions about 508, The Square Tower

What did unit 508 last sell for?

AED 747,821 on 24 January 2023, sold by the developer: AED 898 per sqft for 832 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 70,000 a year on the contract renewed on 5 April 2026. The previous contract, from April 2026, was AED 70,000; the unit has been rented since April 2025.

How big is unit 508?

832 sqft (77.3 sqm): a one-bedroom apartment on the 5th floor of a 36-storey tower completed in 2020.

What is unit 508 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 508, The Square Tower

Starts from the last sale price (AED 748K, 24 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 747,821
Deposit, UAE resident (20%)
AED 149,564
Deposit, non-resident (40%)
AED 299,128
Monthly over 25 years at 3.7%
AED 3,060

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