Studio · 394 sqftThe Square Tower, Jumeirah Village Circle (JVC) · 7th floor · completed 2020

704, The Square Tower

Sold prices and rental history: sold once, by the developer in July 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 14 September 2025
Last soldAED 417K16 July 2020
Current rentAED 42K /yr14 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, The Square Tower

What is 704 worth today?

Last sold for AED 416,830 in 2020

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14 Sep 2025RentedNew contract
AED 42,000/yr12 months · AED 105 per sqft
7 Aug 2024RentedNew contract
AED 40,000/yr12 months · AED 100 per sqft
2 Feb 2023RentedRenewal
AED 32,550/yr12 months · AED 83 per sqft
2 Feb 2022RentedNew contract
AED 31,000/yr12 months · AED 79 per sqft
16 Jul 2020Sold by developerOff-plan
AED 416,830AED 1,058 per sqft

Source: Dubai Land Department. Updated 14 September 2025.

Key facts

Type
Studio apartment
Size
394 sqft
Floor
7th of 36
Parking
B2-04
Developer
Tiger Properties
Completed
2020
Service charge
AED 6,100 /yr
Last sold
AED 417K · July 2020

About 704, The Square Tower

704 is a studio of 394 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 16 July 2020 for AED 416,830, or AED 1,058 per sqft, 4% above the AED 1,018 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 14 September 2025, is AED 42,000 a year: a gross yield of 10.1% on the 2020 price, before the service charge of about AED 6,100 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, July 2020: AED 416,830 (AED 1,058 per sqft)

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

Rents
Unit 704, 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 44,000New contract, February 2022: AED 31,000 a yearRenewal, February 2023: AED 32,550 a yearNew contract, August 2024: AED 40,000 a yearNew contract, September 2025: AED 42,000 a year

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 704 sits

All 222 studios →

704 last sold in July 2020 at AED 1,058 per sqft, 4% above what studios in The Square Tower were fetching at the time (AED 1,018). 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. 704's AED 42,000 is in the upper half of that range.

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 7th floor

All 346 units in The Square Tower
Value
7011-bedAED 250K · Aug 2022
702StudioAED 390K · Oct 2018
703StudioAED 530K · Oct 2024
705StudioAED 515K · Apr 2025
706StudioAED 387K · Dec 2020
707StudioAED 398K · Oct 2018
7081-bedAED 750K · Apr 2025
1–7 of 13

704, The Square Tower in numbers

  • Sold once: by Tiger Properties on 16 July 2020 for AED 416,830, or AED 1,058 per sqft.
  • Rented since February 2022 on 4 Ejari contracts, from AED 31,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2020 price is 10.1%, before a service charge of about AED 6,100 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 14 September 2025.

Questions about 704, The Square Tower

What did unit 704 last sell for?

AED 416,830 on 16 July 2020, sold by the developer: AED 1,058 per sqft for 394 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 42,000 a year on the contract signed on 14 September 2025. The previous contract, from August 2024, was AED 40,000; the unit has been rented since February 2022.

How big is unit 704?

394 sqft (36.6 sqm): a studio on the 7th floor of a 36-storey tower completed in 2020.

What is unit 704 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 704, The Square Tower

Starts from the last sale price (AED 417K, 16 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 416,830
Deposit, UAE resident (20%)
AED 83,366
Deposit, non-resident (40%)
AED 166,732
Monthly over 25 years at 3.7%
AED 1,705

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