2-bed · 1,188 sqftJenna Main Square 1, Town Square · 4th floor · completed 2019

408, Jenna Main Square 1

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

Unit 408 · DLD and Ejari recordsUpdated 23 May 2024
Last soldAED 1.1M23 May 2024
Current rentAED 65K /yr7 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Jenna Main Square 1

What is 408 worth today?

Last sold for AED 1,100,000 in 2024

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23 May 2024SoldReady
AED 1,100,000AED 925 per sqft
7 Apr 2024RentedRenewal
AED 65,000/yr7 months · AED 55 per sqft
7 Apr 2023RentedRenewal
AED 58,000/yr12 months · AED 49 per sqft
7 Apr 2022RentedRenewal
AED 55,000/yr12 months · AED 46 per sqft
7 Apr 2021RentedNew contract
AED 50,000/yr12 months · AED 42 per sqft
22 Mar 2020RentedNew contract
AED 50,000/yr12 months · AED 42 per sqft
22 Jun 2017Sold by developerOff-plan
AED 1,100,888AED 926 per sqft

Source: Dubai Land Department. Updated 23 May 2024.

Key facts

Type
2-bed apartment
Size
1,188 sqft
Floor
4th of 17
Parking
B-219
Developer
Nshmi Development
Completed
2019
Service charge
AED 18,400 /yr
Last sold
AED 1.1M · May 2024

About 408, Jenna Main Square 1

408 is a two-bedroom apartment of 1,188 sqft on the 4th floor of Jenna Main Square 1, a 17-storey tower in Town Square completed in 2019 by Nshmi Development. It last sold on 23 May 2024 for AED 1,100,000, or AED 925 per sqft, 3% above the AED 894 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 7 April 2024, is AED 65,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 18,400 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, June 2017: AED 1,100,888 (AED 926 per sqft)Sold, May 2024: AED 1,100,000 (AED 925 per sqft)

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

Rents
Unit 408, each contractTypical two-bed in Jenna Main Square 1
60K80K2020202220242026Typical 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, March 2020: AED 50,000 a yearNew contract, April 2021: AED 50,000 a yearRenewal, April 2022: AED 55,000 a yearRenewal, April 2023: AED 58,000 a yearRenewal, April 2024: AED 65,000 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 Jenna Main Square 1, and where 408 sits

All 125 2-beds →

408 last sold in May 2024 at AED 925 per sqft, 3% above what two-beds in Jenna Main Square 1 were fetching at the time (AED 894). 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. 408's AED 65,000 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 4th floor

All 168 units in Jenna Main Square 1
Value
4012-bedAED 931K · Aug 2019
4022-bedAED 929K · May 2017
4032-bedAED 893K · Nov 2017
4042-bedAED 915K · Aug 2023
4052-bedAED 1.08M · Dec 2015
4062-bedAED 889K · Jun 2019
4072-bedAED 848K · Jan 2016
1–7 of 9

408, Jenna Main Square 1 in numbers

  • Sold twice: first on 22 June 2017 for AED 1,100,888, last on 23 May 2024 for AED 1,100,000 (AED 925 per sqft).
  • Rented since March 2020 on 5 Ejari contracts, from AED 50,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 18,400 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 May 2024.

Questions about 408, Jenna Main Square 1

What did unit 408 last sell for?

AED 1,100,000 on 23 May 2024: AED 925 per sqft for 1,188 sqft. The unit has 2 registered sales; the first was AED 1,100,888 in June 2017.

What is the rent for unit 408?

AED 65,000 a year on the contract renewed on 7 April 2024. The previous contract, from April 2023, was AED 58,000; the unit has been rented since March 2020.

How big is unit 408?

1,188 sqft (110.4 sqm): a two-bedroom apartment on the 4th floor of a 17-storey tower completed in 2019.

What is unit 408 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 408, Jenna Main Square 1

Starts from the last sale price (AED 1.1M, 23 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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