2-bed · 966 sqftJenna Main Square 2, Town Square · 4th floor · completed 2019

406, Jenna Main Square 2

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 1.03M29 February 2024
Current rentAED 58K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Jenna Main Square 2

What is 406 worth today?

Last sold for AED 1,030,000 in 2024

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15 Aug 2024RentedNew contract
AED 57,765/yr7 months · AED 60 per sqft
29 Feb 2024SoldReady
AED 1,030,000AED 1,066 per sqft
15 Aug 2023RentedRenewal
AED 50,000/yr12 months · AED 52 per sqft
15 Aug 2022RentedRenewal
AED 48,000/yr12 months · AED 50 per sqft
15 Aug 2021RentedNew contract
AED 45,000/yr12 months · AED 46 per sqft
8 Mar 2016Sold by developerOff-plan
AED 1,141,888AED 1,182 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
2-bed apartment
Size
966 sqft
Floor
4th of 8
Parking
B-72
Developer
Nshmi Development
Completed
2019
Service charge
AED 15,000 /yr
Last sold
AED 1.03M · February 2024

About 406, Jenna Main Square 2

406 is a two-bedroom apartment of 966 sqft on the 4th floor of Jenna Main Square 2, a 8-storey tower in Town Square completed in 2019 by Nshmi Development. It last sold on 29 February 2024 for AED 1,030,000, or AED 1,066 per sqft, 20% above the AED 889 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 15 August 2024, is AED 57,765 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 15,000 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Jenna Main Square 2
750K1M1.25M20152018202120242027Typical sale price by year: 2015 AED 885,888; 2016 AED 924,888; 2017 AED 922,388; 2019 AED 890,388; 2020 AED 938,888; 2021 AED 932,388; 2022 AED 810,000; 2023 AED 950,000; 2024 AED 1,050,000; 2025 AED 1,335,000; 2026 AED 1,350,000Sold by developer, March 2016: AED 1,141,888 (AED 1,182 per sqft)Sold, February 2024: AED 1,030,000 (AED 1,066 per sqft)

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

Rents
Unit 406, each contractTypical two-bed in Jenna Main Square 2
40K60K80K20192021202320252027Typical rent by year: 2019 AED 70,000; 2020 AED 50,000; 2021 AED 48,000; 2022 AED 54,600; 2023 AED 60,000; 2024 AED 75,000; 2025 AED 81,000; 2026 AED 85,000New contract, August 2021: AED 45,000 a yearRenewal, August 2022: AED 48,000 a yearRenewal, August 2023: AED 50,000 a yearNew contract, August 2024: AED 57,765 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 2, and where 406 sits

All 124 2-beds →

406 last sold in February 2024 at AED 1,066 per sqft, 20% above what two-beds in Jenna Main Square 2 were fetching at the time (AED 889). Over the last 12 months two-beds sold for AED 1,270,000 to 1,750,000, around AED 1,392 per sqft, and rent for AED 51,000 to 115,000 a year. 406's AED 57,765 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Aug 20261,270,000
18 Jul 20261,500,000
30 Apr 20261,310,000
2 Apr 20261,375,000
8 2-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
4023-bedAED 1.4M · Sep 2020
4032-bedAED 1.14M · Feb 2016
4042-bedAED 1.09M · Apr 2016
4052-bedAED 1.09M · Feb 2016
4073-bedAED 1.45M · Jul 2016
4083-bedAED 1.28M · May 2022
1–7 of 33

406, Jenna Main Square 2 in numbers

  • Sold twice: first on 8 March 2016 for AED 1,141,888, last on 29 February 2024 for AED 1,030,000 (AED 1,066 per sqft).
  • Rented since August 2021 on 4 Ejari contracts, from AED 45,000 to AED 57,765 a year.
  • At AED 57,765 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 15,000 a year (AED 15.52 per sqft).
  • Two-beds in Jenna Main Square 2 sold for AED 1,270,000–1,750,000 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 15 August 2024.

Questions about 406, Jenna Main Square 2

What did unit 406 last sell for?

AED 1,030,000 on 29 February 2024: AED 1,066 per sqft for 966 sqft. The unit has 2 registered sales; the first was AED 1,141,888 in March 2016.

What is the rent for unit 406?

AED 57,765 a year on the contract signed on 15 August 2024. The previous contract, from August 2023, was AED 50,000; the unit has been rented since August 2021.

How big is unit 406?

966 sqft (89.7 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2019.

What is unit 406 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 2 sold for AED 1,270,000 to 1,750,000 in the last 12 months, around AED 1,392 per sqft.

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Mortgage on 406, Jenna Main Square 2

Starts from the last sale price (AED 1.03M, 29 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,030,000
Deposit, UAE resident (20%)
AED 206,000
Deposit, non-resident (40%)
AED 412,000
Monthly over 25 years at 3.7%
AED 4,214

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