1-bed · 861 sqftThe Square Tower, Jumeirah Village Circle (JVC) · 7th floor · completed 2020

701, The Square Tower

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

Unit 701 · DLD and Ejari recordsUpdated 5 September 2026
Last soldAED 250K24 August 2022
Current rentAED 58K /yr5 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, The Square Tower

What is 701 worth today?

Last sold for AED 250,000 in 2022

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5 Sep 2026RentedNew contract
AED 58,000/yr12 months · AED 67 per sqft
15 Sep 2023RentedRenewal
AED 46,000/yr12 months · AED 53 per sqft
15 Sep 2022RentedNew contract
AED 42,000/yr12 months · AED 49 per sqft
24 Aug 2022Sold by developerReady
AED 250,000AED 290 per sqft

Source: Dubai Land Department. Updated 5 September 2026.

Key facts

Type
1-bed apartment
Size
861 sqft
Floor
7th of 36
Parking
B2-02
Developer
Tiger Properties
Completed
2020
Service charge
AED 13,400 /yr
Last sold
AED 250K · August 2022

About 701, The Square Tower

701 is a one-bedroom apartment of 861 sqft on the 7th 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 August 2022 for AED 250,000, or AED 290 per sqft, 58% below the AED 692 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 5 September 2026, is AED 58,000 a year: a gross yield of 23.2% on the 2022 price, before the service charge of about AED 13,400 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, August 2022: AED 250,000 (AED 290 per sqft)

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

Rents
Unit 701, 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 2022: AED 42,000 a yearRenewal, September 2023: AED 46,000 a yearNew contract, September 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 701 sits

All 120 1-beds →

701 last sold in August 2022 at AED 290 per sqft, 58% below what one-beds in The Square Tower were fetching at the time (AED 692). 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. 701's AED 58,000 is in the lower 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 7th floor

All 346 units in The Square Tower
Value
702StudioAED 390K · Oct 2018
703StudioAED 530K · Oct 2024
704StudioAED 417K · Jul 2020
705StudioAED 515K · Apr 2025
706StudioAED 387K · Dec 2020
707StudioAED 398K · Oct 2018
7081-bedAED 750K · Apr 2025
1–7 of 13

701, The Square Tower in numbers

  • Sold once: by Tiger Properties on 24 August 2022 for AED 250,000, or AED 290 per sqft.
  • Rented since September 2022 on 3 Ejari contracts, from AED 42,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2022 price is 23.2%, 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 5 September 2026.

Questions about 701, The Square Tower

What did unit 701 last sell for?

AED 250,000 on 24 August 2022, sold by the developer: AED 290 per sqft for 861 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 58,000 a year on the contract signed on 5 September 2026. The previous contract, from September 2023, was AED 46,000; the unit has been rented since September 2022.

How big is unit 701?

861 sqft (80.0 sqm): a one-bedroom apartment on the 7th floor of a 36-storey tower completed in 2020.

What is unit 701 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 701, The Square Tower

Starts from the last sale price (AED 250K, 24 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 250,000
Deposit, UAE resident (20%)
AED 50,000
Deposit, non-resident (40%)
AED 100,000
Monthly over 25 years at 3.7%
AED 1,023

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