2-bed · 1,678 sqftPark One, Jumeirah Village Triangle (JVT) · Ground floor · completed 2018

G03, Park One

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 12 January 2024
Last soldAED 1.48M12 January 2024
Current rentAED 90K /yr18 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Park One

What is G03 worth today?

Last sold for AED 1,480,000 in 2024

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12 Jan 2024SoldReady
AED 1,480,000AED 882 per sqft
18 Dec 2022RentedRenewal
AED 90,000/yr12 months · AED 54 per sqft
18 Dec 2021RentedNew contract
AED 90,000/yr12 months · AED 54 per sqft
1 Oct 2020RentedRenewal
AED 87,000/yr12 months · AED 52 per sqft
1 Oct 2019RentedRenewal
AED 110,000/yr12 months · AED 66 per sqft
1 Oct 2018RentedNew contract
AED 110,000/yr12 months · AED 66 per sqft
30 Aug 2018Sold by developerReady
AED 1,180,000AED 703 per sqft

Source: Dubai Land Department. Updated 12 January 2024.

Key facts

Type
2-bed apartment
Size
1,678 sqft
Floor
Ground of 4
Parking
B-08
Developer
Swiss Property Development
Completed
2018
Service charge
AED 30,300 /yr
Last sold
AED 1.48M · January 2024
Building
Park One

About G03, Park One

G03 is a two-bedroom apartment of 1,678 sqft on the ground floor of Park One, a 4-storey tower in Jumeirah Village Triangle (JVT) completed in 2018 by Swiss Property Development . It last sold on 12 January 2024 for AED 1,480,000, or AED 882 per sqft, 7% below the AED 946 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 18 December 2022, is AED 90,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 30,300 a year.

Sales and rents for G03 over time

Sales
Unit G03, each saleTypical two-bed in Park One
1.2M1.4M1.6M2018202020222024Typical sale price by year: 2018 AED 1,500,000; 2024 AED 1,577,500Sold by developer, August 2018: AED 1,180,000 (AED 703 per sqft)Sold, January 2024: AED 1,480,000 (AED 882 per sqft)

G03 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit G03, each contractTypical two-bed in Park One
100K125K2018202120242027Typical rent by year: 2018 AED 110,000; 2019 AED 110,000; 2020 AED 90,000; 2021 AED 90,000; 2022 AED 90,000; 2026 AED 132,500New contract, October 2018: AED 110,000 a yearRenewal, October 2019: AED 110,000 a yearRenewal, October 2020: AED 87,000 a yearNew contract, December 2021: AED 90,000 a yearRenewal, December 2022: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Park One, and where G03 sits

All 16 2-beds →

G03 last sold in January 2024 at AED 882 per sqft, 7% below what two-beds in Park One were fetching at the time (AED 946). Over the last 12 months two-beds sold for AED 2,100,000, around AED 1,479 per sqft, and rent for AED 68,000 to 145,000 a year. G03's AED 90,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Nov 20252,100,000
11 Aug 20251,700,000
12 Dec 20242,400,000
16 Sep 20241,655,000
1 2-bed sale in the last 12 months

Park One

Building

56 apartments, studios to 2-bed over 4 floors in Jumeirah Village Triangle (JVT), completed in 2018 by Swiss Property Development . 8 sold in the last 12 months.

Typical price per sqft
AED 1,258
Typical sale
AED 1.11M
Typical rent
AED 71K /yr
Typical yield
5.5%
Park One, Jumeirah Village Triangle (JVT): prices, sales and rents →

Other units on the ground floor

All 56 units in Park One
Value
G012-bedAED 1.05M · Jun 2022
G022-bedAED 1.5M · Jan 2024
G04StudioAED 477K · Apr 2017

G03, Park One in numbers

  • Sold twice: first on 30 August 2018 for AED 1,180,000, last on 12 January 2024 for AED 1,480,000 (AED 882 per sqft).
  • Rented since October 2018 on 5 Ejari contracts, from AED 110,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 30,300 a year (AED 18.08 per sqft).
  • Two-beds in Park One sold for AED 2,100,000–2,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,258 per sqft.

Source: Dubai Land Department. Updated 12 January 2024.

Questions about G03, Park One

What did unit G03 last sell for?

AED 1,480,000 on 12 January 2024: AED 882 per sqft for 1,678 sqft. The unit has 2 registered sales; the first was AED 1,180,000 in August 2018.

What is the rent for unit G03?

AED 90,000 a year on the contract renewed on 18 December 2022. The previous contract, from December 2021, was AED 90,000; the unit has been rented since October 2018.

How big is unit G03?

1,678 sqft (155.9 sqm): a two-bedroom apartment on the ground floor of a 4-storey tower completed in 2018.

What is unit G03 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Park One sold for AED 2,100,000 to 2,100,000 in the last 12 months, around AED 1,479 per sqft.

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Mortgage on G03, Park One

Starts from the last sale price (AED 1.48M, 12 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,480,000
Deposit, UAE resident (20%)
AED 296,000
Deposit, non-resident (40%)
AED 592,000
Monthly over 25 years at 3.7%
AED 6,055

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