706, The Square Tower
Sold prices and rental history: sold once, by the developer in December 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, The Square Tower
What is 706 worth today?
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Source: Dubai Land Department. Updated 12 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 415 sqft
- Floor
- 7th of 36
- Parking
- B2-08
- Developer
- Tiger Properties
- Completed
- 2020
- Service charge
- AED 6,500 /yr
- Last sold
- AED 387K · December 2020
- Building
- The Square Tower
About 706, The Square Tower
706 is a studio of 415 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 8 December 2020 for AED 386,990, or AED 932 per sqft, 9% below the AED 1,028 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 12 April 2025, is AED 40,000 a year: a gross yield of 10.3% on the 2020 price, before the service charge of about AED 6,500 a year.
Sales and rents for 706 over time
706 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 706 sits
All 222 studios →706 last sold in December 2020 at AED 932 per sqft, 9% below what studios in The Square Tower were fetching at the time (AED 1,028). 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. 706'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 7th floor
All 346 units in The Square Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 861 sqft | AED 250KAED 250,000 · Aug 2022August 2022 | 58,000 /yr | |
| 702 | Studio | 327 sqft | AED 390KAED 389,577 · Oct 2018October 2018 | ||
| 703 | Studio | 419 sqft | AED 530KAED 530,000 · Oct 2024October 2024 | 46,000 /yr | |
| 704 | Studio | 394 sqft | AED 417KAED 416,830 · Jul 2020July 2020 | 42,000 /yr | |
| 705 | Studio | 394 sqft | AED 515KAED 515,000 · Apr 2025April 2025 | 47,000 /yr | |
| 707 | Studio | 333 sqft | AED 398KAED 398,000 · Oct 2018October 2018 | 37,800 /yr | |
| 708 | 1-bed | 832 sqft | AED 750KAED 750,000 · Apr 2025April 2025 | 67,000 /yr | |
| 709 | 1-bed | 768 sqft | AED 727KAED 726,845 · Aug 2021August 2021 | 60,162 /yr | |
| 710 | Studio | 619 sqft | AED 670KAED 670,000 · May 2025May 2025 | ||
| 711 | Studio | 488 sqft | AED 400KAED 400,000 · Apr 2023April 2023 | 46,000 /yr | |
| 712 | Studio | 488 sqft | AED 590KAED 590,000 · Jul 2025July 2025 | 60,000 /yr | |
| 713 | Studio | 618 sqft | AED 610KAED 610,000 · Jul 2024July 2024 | 45,000 /yr | |
| 714 | 1-bed | 749 sqft | AED 708KAED 708,000 · Feb 2022February 2022 | 58,000 /yr |
706, The Square Tower in numbers
- Sold once: by Tiger Properties on 8 December 2020 for AED 386,990, or AED 932 per sqft.
- Rented since April 2022 on 4 Ejari contracts, from AED 30,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2020 price is 10.3%, 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 12 April 2025.
Questions about 706, The Square Tower
What did unit 706 last sell for?
AED 386,990 on 8 December 2020, sold by the developer: AED 932 per sqft for 415 sqft. It is the only registered sale of the unit.
What is the rent for unit 706?
AED 40,000 a year on the contract renewed on 12 April 2025. The previous contract, from April 2024, was AED 40,000; the unit has been rented since April 2022.
How big is unit 706?
415 sqft (38.6 sqm): a studio on the 7th floor of a 36-storey tower completed in 2020.
What is unit 706 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 706, The Square Tower
Starts from the last sale price (AED 387K, 8 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 386,990
- Deposit, UAE resident (20%)
- AED 77,398
- Deposit, non-resident (40%)
- AED 154,796
- Monthly over 25 years at 3.7%
- AED 1,583
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →