2-bed · 944 sqftJenna Main Square 1, Town Square · 7th floor · completed 2019

706, Jenna Main Square 1

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

Unit 706 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 961K17 July 2017
Current rentAED 85K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Jenna Main Square 1

What is 706 worth today?

Last sold for AED 960,888 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jul 2024RentedNew contract
AED 85,000/yr12 months · AED 90 per sqft
6 Jun 2023RentedRenewal
AED 54,450/yr12 months · AED 57 per sqft
6 Jun 2022RentedNew contract
AED 49,500/yr12 months · AED 52 per sqft
6 Jun 2021RentedNew contract
AED 45,000/yr13 months · AED 48 per sqft
6 Jun 2020RentedNew contract
AED 45,000/yr12 months · AED 48 per sqft
17 Jul 2017Sold by developerOff-plan
AED 960,888AED 1,017 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
944 sqft
Floor
7th of 17
Parking
B-259
Developer
Nshmi Development
Completed
2019
Service charge
AED 14,700 /yr
Last sold
AED 961K · July 2017

About 706, Jenna Main Square 1

706 is a two-bedroom apartment of 944 sqft on the 7th floor of Jenna Main Square 1, a 17-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 17 July 2017 for AED 960,888, or AED 1,017 per sqft, 4% above the AED 982 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 July 2024, is AED 85,000 a year: a gross yield of 8.8% on the 2017 price, before the service charge of about AED 14,700 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, July 2017: AED 960,888 (AED 1,017 per sqft)

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

Rents
Unit 706, 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, June 2020: AED 45,000 a yearNew contract, June 2021: AED 45,000 a yearNew contract, June 2022: AED 49,500 a yearRenewal, June 2023: AED 54,450 a yearNew contract, July 2024: AED 85,000 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 706 sits

All 125 2-beds →

706 last sold in July 2017 at AED 1,017 per sqft, 4% 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. 706's AED 85,000 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 7th floor

All 168 units in Jenna Main Square 1
Value
7012-bedAED 869K · Jan 2021
7022-bedAED 916K · Jun 2016
7032-bedAED 926K · Nov 2019
7042-bedAED 1.03M · Oct 2018
7052-bedAED 1.5M · Jun 2026
7072-bedAED 888K · Jan 2020
7082-bedAED 1.12M · Dec 2017
1–7 of 9

706, Jenna Main Square 1 in numbers

  • Sold once: by Nshmi Development on 17 July 2017 for AED 960,888, or AED 1,017 per sqft.
  • Rented since June 2020 on 5 Ejari contracts, from AED 45,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2017 price is 8.8%, 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 1 July 2024.

Questions about 706, Jenna Main Square 1

What did unit 706 last sell for?

AED 960,888 on 17 July 2017, sold by the developer: AED 1,017 per sqft for 944 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 85,000 a year on the contract signed on 1 July 2024. The previous contract, from June 2023, was AED 54,450; the unit has been rented since June 2020.

How big is unit 706?

944 sqft (87.7 sqm): a two-bedroom apartment on the 7th floor of a 17-storey tower completed in 2019.

What is unit 706 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.

Selling 706? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 706, Jenna Main Square 1

Starts from the last sale price (AED 961K, 17 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 960,888
Deposit, UAE resident (20%)
AED 192,178
Deposit, non-resident (40%)
AED 384,355
Monthly over 25 years at 3.7%
AED 3,931

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