2-bed · 940 sqftJenna Main Square 1, Town Square · 15th floor · completed 2019

1503, Jenna Main Square 1

Sold prices and rental history: sold once, by the developer in May 2017, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 1 July 2023
Last soldAED 1.12M23 May 2017
Current rentAED 56K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Jenna Main Square 1

What is 1503 worth today?

Last sold for AED 1,122,888 in 2017

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1 Jul 2023RentedNew contract
AED 55,800/yr12 months · AED 60 per sqft
1 Jul 2021RentedRenewal
AED 48,000/yr12 months · AED 51 per sqft
1 Jul 2020RentedNew contract
AED 45,000/yr12 months · AED 48 per sqft
23 May 2017Sold by developerOff-plan
AED 1,122,888AED 1,194 per sqft

Source: Dubai Land Department. Updated 1 July 2023.

Key facts

Type
2-bed apartment
Size
940 sqft
Floor
15th of 17
Parking
P-123
Developer
Nshmi Development
Completed
2019
Service charge
AED 14,600 /yr
Last sold
AED 1.12M · May 2017

About 1503, Jenna Main Square 1

1503 is a two-bedroom apartment of 940 sqft on the 15th floor of Jenna Main Square 1, a 17-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 23 May 2017 for AED 1,122,888, or AED 1,194 per sqft, 22% above the AED 982 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 July 2023, is AED 55,800 a year: a gross yield of 5.0% on the 2017 price, before the service charge of about AED 14,600 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical two-bed in Jenna Main Square 1
1M20152018202120242027Typical sale price by year: 2015 AED 884,888; 2016 AED 945,888; 2017 AED 1,107,888; 2018 AED 1,070,388; 2019 AED 960,888; 2020 AED 888,388; 2021 AED 899,888; 2022 AED 780,000; 2023 AED 932,500; 2024 AED 1,085,000; 2025 AED 1,280,000; 2026 AED 1,380,000Sold by developer, May 2017: AED 1,122,888 (AED 1,194 per sqft)

1503 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, each contractTypical two-bed in Jenna Main Square 1
40K60K80K2020202220242026Typical rent by year: 2020 AED 49,500; 2021 AED 47,750; 2022 AED 53,125; 2023 AED 59,999; 2024 AED 70,500; 2025 AED 82,000; 2026 AED 82,000New contract, July 2020: AED 45,000 a yearRenewal, July 2021: AED 48,000 a yearNew contract, July 2023: AED 55,800 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 Jenna Main Square 1, and where 1503 sits

All 125 2-beds →

1503 last sold in May 2017 at AED 1,194 per sqft, 22% above what two-beds in Jenna Main Square 1 were fetching at the time (AED 982). Over the last 12 months two-beds sold for AED 1,240,000 to 1,775,000, around AED 1,293 per sqft, and rent for AED 51,000 to 120,000 a year. 1503's AED 55,800 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Jul 20261,240,000
7 Jul 20261,380,000
24 Jun 20261,500,000
5 May 20261,775,000
8 2-bed sales in the last 12 months

Jenna Main Square 1

Building

168 apartments, 1-bed to 4-bed over 17 floors in Town Square, completed in 2019 by Nshmi Development. 16 sold in the last 12 months.

Typical price per sqft
AED 1,294 Up 5.4%
Typical sale
AED 1.27M
Typical rent
AED 80K /yr
Typical yield
6.5%
Jenna Main Square 1, Town Square: prices, sales and rents →

Other units on the 15th floor

All 168 units in Jenna Main Square 1
Value
15012-bedAED 1.6M · May 2025
15022-bedAED 925K · Aug 2023
15042-bedAED 996K · Mar 2019
15052-bedAED 951K · Nov 2020
15062-bedAED 1.26M · Mar 2025
15072-bedAED 990K · Jul 2024
15082-bedAED 1.23M · Dec 2017
1–7 of 9

1503, Jenna Main Square 1 in numbers

  • Sold once: by Nshmi Development on 23 May 2017 for AED 1,122,888, or AED 1,194 per sqft.
  • Rented since July 2020 on 3 Ejari contracts, from AED 45,000 to AED 55,800 a year.
  • At AED 55,800 a year the gross yield on the 2017 price is 5.0%, before a service charge of about AED 14,600 a year (AED 15.52 per sqft).
  • Two-beds in Jenna Main Square 1 sold for AED 1,240,000–1,775,000 in the 12 months to November 2026; the building's median across all types is AED 1,294 per sqft.

Source: Dubai Land Department. Updated 1 July 2023.

Questions about 1503, Jenna Main Square 1

What did unit 1503 last sell for?

AED 1,122,888 on 23 May 2017, sold by the developer: AED 1,194 per sqft for 940 sqft. It is the only registered sale of the unit.

What is the rent for unit 1503?

AED 55,800 a year on the contract signed on 1 July 2023. The previous contract, from July 2021, was AED 48,000; the unit has been rented since July 2020.

How big is unit 1503?

940 sqft (87.3 sqm): a two-bedroom apartment on the 15th floor of a 17-storey tower completed in 2019.

What is unit 1503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Jenna Main Square 1 sold for AED 1,240,000 to 1,775,000 in the last 12 months, around AED 1,293 per sqft.

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Mortgage on 1503, Jenna Main Square 1

Starts from the last sale price (AED 1.12M, 23 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,122,888
Deposit, UAE resident (20%)
AED 224,578
Deposit, non-resident (40%)
AED 449,155
Monthly over 25 years at 3.7%
AED 4,594

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