1-bed · 1,023 sqft555 Park View, Jumeirah Village Triangle (JVT) · 1st floor

116, 555 Park View

Sold prices and rental history: sold once, by the developer in May 2024, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 1.03M26 May 2024
Current rentAED 20K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, 555 Park View

What is 116 worth today?

Last sold for AED 1,025,000 in 2024

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15 Aug 2025RentedNew contract
AED 19,973/yr24 months · AED 20 per sqft
26 May 2024Sold by developerOff-plan
AED 1,025,000AED 1,001 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type
1-bed apartment
Size
1,023 sqft
Floor
1st of 4
Parking
1
Developer
Serene Real Estate Developments
Last sold
AED 1.03M · May 2024

About 116, 555 Park View

116 is a one-bedroom apartment of 1,023 sqft on the 1st floor of 555 Park View, a 4-storey tower in Jumeirah Village Triangle (JVT) by Serene Real Estate Developments . The developer sold it on 26 May 2024 for AED 1,025,000, or AED 1,001 per sqft, 19% below the AED 1,232 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 August 2025. The current contract, signed on 15 August 2025, is AED 19,973 a year: a gross yield of 1.9% on the 2024 price.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical one-bed in 555 Park View
1M1.2M2024202520262027Typical sale price by year: 2024 AED 1,069,064; 2025 AED 1,304,167; 2026 AED 1,292,500Sold by developer, May 2024: AED 1,025,000 (AED 1,001 per sqft)

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

Rents
Unit 116, each contractTypical one-bed in 555 Park View
50K100K202520262027Typical rent by year: 2025 AED 90,000; 2026 AED 86,000New contract, August 2025: AED 19,973 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 555 Park View, and where 116 sits

All 61 1-beds →

116 last sold in May 2024 at AED 1,001 per sqft, 19% below what one-beds in 555 Park View were fetching at the time (AED 1,232). Over the last 12 months one-beds sold for AED 940,000 to 1,435,000, around AED 1,400 per sqft, and rent for AED 71,000 to 130,000 a year. 116's AED 19,973 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Aug 2026940,000
12 Aug 20261,350,000
22 May 20261,300,000
7 Apr 20261,285,000
6 1-bed sales in the last 12 months

555 Park View

Building

68 apartments, studios to 2-bed over 4 floors in Jumeirah Village Triangle (JVT) by Serene Real Estate Developments . 6 sold in the last 12 months.

Typical price per sqft
AED 1,400
Typical sale
AED 1.29M
Typical rent
AED 87K /yr
Typical yield
7.0%
555 Park View, Jumeirah Village Triangle (JVT): prices, sales and rents →

Other units on the 1st floor

All 68 units in 555 Park View
Value
1011-bedAED 1.01M · Mar 2024
1021-bedAED 1.4M · Jul 2024
1031-bedAED 1.41M · Jul 2024
1041-bedAED 1.44M · Jun 2024
1051-bedAED 1.2M · May 2025
1061-bedAED 1.28M · Jun 2025
1071-bedAED 1.61M · Mar 2024
1–7 of 15

116, 555 Park View in numbers

  • Sold once: by Serene Real Estate Developments on 26 May 2024 for AED 1,025,000, or AED 1,001 per sqft.
  • Rented since August 2025 on one Ejari contract, at AED 19,973 a year.
  • At AED 19,973 a year the gross yield on the 2024 price is 1.9%.
  • One-beds in 555 Park View sold for AED 940,000–1,435,000 in the 12 months to November 2026; the building's median across all types is AED 1,400 per sqft.

Source: Dubai Land Department. Updated 15 August 2025.

Questions about 116, 555 Park View

What did unit 116 last sell for?

AED 1,025,000 on 26 May 2024, sold by the developer: AED 1,001 per sqft for 1,023 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 19,973 a year on the contract signed on 15 August 2025.

How big is unit 116?

1,023 sqft (95.0 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in 555 Park View sold for AED 940,000 to 1,435,000 in the last 12 months, around AED 1,400 per sqft.

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Mortgage on 116, 555 Park View

Starts from the last sale price (AED 1.03M, 26 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,000
Deposit, UAE resident (20%)
AED 205,000
Deposit, non-resident (40%)
AED 410,000
Monthly over 25 years at 3.7%
AED 4,194

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