2-bed · 945 sqftJenna Main Square 1, Town Square · 15th floor · completed 2019

1507, Jenna Main Square 1

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 23 July 2024
Last soldAED 990K23 July 2024
Current rentAED 59K /yr7 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Jenna Main Square 1

What is 1507 worth today?

Last sold for AED 990,000 in 2024

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23 Jul 2024SoldReady
AED 990,000AED 1,047 per sqft
7 Jul 2023RentedRenewal
AED 58,500/yr12 months · AED 62 per sqft
7 Jul 2022RentedRenewal
AED 52,800/yr12 months · AED 56 per sqft
7 Jul 2021RentedRenewal
AED 48,000/yr12 months · AED 51 per sqft
7 Jul 2020RentedNew contract
AED 45,000/yr12 months · AED 48 per sqft
20 Sep 2017Sold by developerOff-plan
AED 1,013,888AED 1,072 per sqft

Source: Dubai Land Department. Updated 23 July 2024.

Key facts

Type
2-bed apartment
Size
945 sqft
Floor
15th of 17
Parking
P-127
Developer
Nshmi Development
Completed
2019
Service charge
AED 14,700 /yr
Last sold
AED 990K · July 2024

About 1507, Jenna Main Square 1

1507 is a two-bedroom apartment of 945 sqft on the 15th floor of Jenna Main Square 1, a 17-storey tower in Town Square completed in 2019 by Nshmi Development. It last sold on 23 July 2024 for AED 990,000, or AED 1,047 per sqft, 14% above the AED 915 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 7 July 2023, is AED 58,500 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 14,700 a year.

Sales and rents for 1507 over time

Sales
Unit 1507, 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, September 2017: AED 1,013,888 (AED 1,072 per sqft)Sold, July 2024: AED 990,000 (AED 1,047 per sqft)

1507 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1507, 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 yearRenewal, July 2022: AED 52,800 a yearRenewal, July 2023: AED 58,500 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 1507 sits

All 125 2-beds →

1507 last sold in July 2024 at AED 1,047 per sqft, 14% above what two-beds in Jenna Main Square 1 were fetching at the time (AED 915). 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. 1507's AED 58,500 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
15032-bedAED 1.12M · May 2017
15042-bedAED 996K · Mar 2019
15052-bedAED 951K · Nov 2020
15062-bedAED 1.26M · Mar 2025
15082-bedAED 1.23M · Dec 2017
1–7 of 9

1507, Jenna Main Square 1 in numbers

  • Sold twice: first on 20 September 2017 for AED 1,013,888, last on 23 July 2024 for AED 990,000 (AED 1,047 per sqft).
  • Rented since July 2020 on 4 Ejari contracts, from AED 45,000 to AED 58,500 a year.
  • At AED 58,500 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 14,700 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 23 July 2024.

Questions about 1507, Jenna Main Square 1

What did unit 1507 last sell for?

AED 990,000 on 23 July 2024: AED 1,047 per sqft for 945 sqft. The unit has 2 registered sales; the first was AED 1,013,888 in September 2017.

What is the rent for unit 1507?

AED 58,500 a year on the contract renewed on 7 July 2023. The previous contract, from July 2022, was AED 52,800; the unit has been rented since July 2020.

How big is unit 1507?

945 sqft (87.8 sqm): a two-bedroom apartment on the 15th floor of a 17-storey tower completed in 2019.

What is unit 1507 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 1507, Jenna Main Square 1

Starts from the last sale price (AED 990K, 23 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 990,000
Deposit, UAE resident (20%)
AED 198,000
Deposit, non-resident (40%)
AED 396,000
Monthly over 25 years at 3.7%
AED 4,050

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