3-bed · 1,960 sqftPark Corner, Jumeirah Village Circle (JVC) · 2nd floor · completed 2013

202, Park Corner

Sold prices and rental history: sold once, by the developer in March 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 25 February 2023
Last soldAED 1.59M29 March 2016
Current rentAED 85K /yr25 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Park Corner

What is 202 worth today?

Last sold for AED 1,586,790 in 2016

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25 Feb 2023RentedNew contract
AED 85,000/yr12 months · AED 43 per sqft
25 Feb 2022RentedRenewal
AED 78,000/yr12 months · AED 40 per sqft
25 Feb 2021RentedNew contract
AED 78,000/yr12 months · AED 40 per sqft
5 Dec 2019RentedNew contract
AED 85,000/yr12 months · AED 43 per sqft
14 Sep 2017RentedNew contract
AED 107,000/yr12 months · AED 55 per sqft
1 May 2017RentedRenewal
AED 94,500/yr12 months · AED 48 per sqft
29 Mar 2016Sold by developerReady
AED 1,586,790AED 809 per sqft
1 May 2015RentedNew contract
AED 85,125/yr12 months · AED 43 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 February 2023.

Key facts

Type
3-bed apartment
Size
1,960 sqft
Floor
2nd of 4
Parking
B1-027A, B1-27B
Developer
Gulf Technical Construction Co
Completed
2013
Service charge
AED 32,100 /yr
Last sold
AED 1.59M · March 2016
Building
Park Corner

About 202, Park Corner

202 is a three-bedroom apartment of 1,960 sqft on the 2nd floor of Park Corner, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2013 by Gulf Technical Construction Co. The developer sold it on 29 March 2016 for AED 1,586,790, or AED 809 per sqft.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 25 February 2023, is AED 85,000 a year: a gross yield of 5.4% on the 2016 price, before the service charge of about AED 32,100 a year.

3-beds in Park Corner, and where 202 sits

All 2 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
29 Mar 20161,790,910
0 3-bed sales in the last 12 months

Park Corner

Building

46 apartments, studios to 3-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2013 by Gulf Technical Construction Co. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 80K /yr
Typical yield
Park Corner, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 2nd floor

All 46 units in Park Corner
Value
201StudioAED 319K · Jun 2013
203StudioAED 305K · Feb 2019
2042-bedAED 1.25M · Apr 2023
2051-bedAED 1.02M · Apr 2016
2061-bedAED 633K · Mar 2016
2072-bedAED 501K · Dec 2013
2081-bedAED 643K · Feb 2016
1–7 of 9

202, Park Corner in numbers

  • Sold once: by Gulf Technical Construction Co on 29 March 2016 for AED 1,586,790, or AED 809 per sqft.
  • Rented since April 2013 on 9 Ejari contracts, from AED 78,462 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2016 price is 5.4%, before a service charge of about AED 32,100 a year (AED 16.37 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 25 February 2023.

Questions about 202, Park Corner

What did unit 202 last sell for?

AED 1,586,790 on 29 March 2016, sold by the developer: AED 809 per sqft for 1,960 sqft. It is the only registered sale of the unit.

What is the rent for unit 202?

AED 85,000 a year on the contract signed on 25 February 2023. The previous contract, from February 2022, was AED 78,000; the unit has been rented since April 2013.

How big is unit 202?

1,960 sqft (182.1 sqm): a three-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2013.

What is unit 202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 202, Park Corner

Starts from the last sale price (AED 1.59M, 29 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,586,790
Deposit, UAE resident (20%)
AED 317,358
Deposit, non-resident (40%)
AED 634,716
Monthly over 25 years at 3.7%
AED 6,492

Plus AED 71,656 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →