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3-bed · 1,278 sqftJenna Main Square 2, Town Square · 4th floor · completed 2019

402, Jenna Main Square 2

Sold prices and rental history: sold once, by the developer in September 2020, and rented once, from March 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 10 March 2021
Last soldAED 1.4M15 September 2020
Current rentAED 65K /yr10 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 402, Jenna Main Square 2

What is 402 worth today?

Last sold for AED 1,399,888 in 2020

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10 Mar 2021RentedNew contract
AED 65,000/yr12 months · AED 51 per sqft
15 Sep 2020Sold by developerReady
AED 1,399,888AED 1,095 per sqft

Source: Dubai Land Department. Updated 10 March 2021.

Key facts

Type
3-bed apartment
Size
1,278 sqft
Floor
4th of 8
Parking
P-97
Developer
Nshmi Development
Completed
2019
Service charge
AED 19,800 /yr
Last sold
AED 1.4M · September 2020
Building
Jenna Main Square 2

About 402, Jenna Main Square 2

402 is a three-bedroom apartment of 1,278 sqft on the 4th floor of Jenna Main Square 2, a 8-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 15 September 2020 for AED 1,399,888, or AED 1,095 per sqft, 93% above the AED 568 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 March 2021. The current contract, signed on 10 March 2021, is AED 65,000 a year: a gross yield of 4.6% on the 2020 price, before the service charge of about AED 19,800 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical three-bed in Jenna Main Square 2
1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,483,888; 2017 AED 1,246,888; 2020 AED 1,399,888; 2021 AED 1,425,888; 2024 AED 1,600,000; 2025 AED 1,900,000; 2026 AED 2,000,000Sold by developer, September 2020: AED 1,399,888 (AED 1,095 per sqft)

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

Rents
Unit 402, each contractTypical three-bed in Jenna Main Square 2
100K2020202220242026Typical rent by year: 2020 AED 65,000; 2021 AED 66,796; 2022 AED 72,500; 2023 AED 82,500; 2024 AED 115,000; 2025 AED 120,558; 2026 AED 120,000New contract, March 2021: AED 65,000 a year

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

3-beds in Jenna Main Square 2, and where 402 sits

All 32 3-beds →

402 last sold in September 2020 at AED 1,095 per sqft, 93% above what three-beds in Jenna Main Square 2 were fetching at the time (AED 568). Over the last 12 months three-beds sold for AED 1,800,000 to 2,000,000, around AED 1,478 per sqft, and rent for AED 110,000 to 132,000 a year. 402's AED 65,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Oct 20262,000,000
23 Sep 20261,800,000
25 Feb 20262,000,000
26 Nov 20251,900,000
4 3-bed sales in the last 12 months

Jenna Main Square 2

Building

257 apartments, 1-bed to 3-bed over 8 floors in Town Square, completed in 2019 by Nshmi Development. 19 sold in the last 12 months.

Typical price per sqft
AED 1,442 Up 14.0%
Typical sale
AED 1.35M
Typical rent
AED 72K /yr
Typical yield
6.1%
Jenna Main Square 2, Town Square: prices, sales and rents →

Other units on the 4th floor

All 257 units in Jenna Main Square 2
Value
4013-bedAED 1.48M · Sep 2016
4032-bedAED 1.14M · Feb 2016
4042-bedAED 1.09M · Apr 2016
4052-bedAED 1.09M · Feb 2016
4062-bedAED 1.03M · Feb 2024
4073-bedAED 1.45M · Jul 2016
4083-bedAED 1.28M · May 2022
1–7 of 33

402, Jenna Main Square 2 in numbers

  • Sold once: by Nshmi Development on 15 September 2020 for AED 1,399,888, or AED 1,095 per sqft.
  • Rented since March 2021 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2020 price is 4.6%, before a service charge of about AED 19,800 a year (AED 15.52 per sqft).
  • Three-beds in Jenna Main Square 2 sold for AED 1,800,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,442 per sqft.

Source: Dubai Land Department. Updated 10 March 2021.

Questions about 402, Jenna Main Square 2

What did unit 402 last sell for?

AED 1,399,888 on 15 September 2020, sold by the developer: AED 1,095 per sqft for 1,278 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 65,000 a year on the contract signed on 10 March 2021.

How big is unit 402?

1,278 sqft (118.7 sqm): a three-bedroom apartment on the 4th floor of a 8-storey tower completed in 2019.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Jenna Main Square 2 sold for AED 1,800,000 to 2,000,000 in the last 12 months, around AED 1,478 per sqft.

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Mortgage on 402, Jenna Main Square 2

Starts from the last sale price (AED 1.4M, 15 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,399,888
Deposit, UAE resident (20%)
AED 279,978
Deposit, non-resident (40%)
AED 559,955
Monthly over 25 years at 3.7%
AED 5,727

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