1-bed · 742 sqftPark Corner, Jumeirah Village Circle (JVC) · 3rd floor · completed 2013

303, Park Corner

Sold prices and rental history: sold twice, last in July 2013, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 6 January 2020
Last soldAED 245K29 July 2013
Current rentAED 40K /yr6 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Park Corner

What is 303 worth today?

Last sold for AED 244,522 in 2013

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6 Jan 2020RentedNew contract
AED 40,000/yr12 months · AED 54 per sqft
15 Sep 2015RentedRenewal
AED 55,000/yr12 months · AED 74 per sqft
15 Sep 2013RentedNew contract
AED 52,000/yr12 months · AED 70 per sqft
29 Jul 2013SoldReady
AED 244,522AED 329 per sqft
6 May 2010Sold by developerOff-plan
AED 244,522AED 329 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 January 2020.

Key facts

Type
1-bed apartment
Size
742 sqft
Floor
3rd of 4
Parking
B1-023
Developer
Gulf Technical Construction Co
Completed
2013
Service charge
AED 12,100 /yr
Last sold
AED 245K · July 2013
Building
Park Corner

About 303, Park Corner

303 is a one-bedroom apartment of 742 sqft on the 3rd floor of Park Corner, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2013 by Gulf Technical Construction Co. It last sold on 29 July 2013 for AED 244,522, or AED 329 per sqft, in line with the AED 331 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 6 January 2020, is AED 40,000 a year: a gross yield of 16.4% on the 2013 price, before the service charge of about AED 12,100 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical one-bed in Park Corner
500K1M2010201420182022Typical sale price by year: 2010 AED 299,010; 2013 AED 289,381; 2016 AED 910,440; 2024 AED 745,000Sold by developer, May 2010: AED 244,522 (AED 329 per sqft)Sold, July 2013: AED 244,522 (AED 329 per sqft)

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

Rents
Unit 303, each contractTypical one-bed in Park Corner
40K60K2013201720212025Typical rent by year: 2013 AED 52,000; 2014 AED 57,375; 2015 AED 57,750; 2016 AED 65,000; 2017 AED 64,500; 2018 AED 62,000; 2019 AED 47,143; 2020 AED 40,000; 2021 AED 41,000; 2022 AED 49,500; 2023 AED 46,225; 2024 AED 53,000; 2025 AED 57,000New contract, September 2013: AED 52,000 a yearRenewal, September 2015: AED 55,000 a yearNew contract, January 2020: AED 40,000 a year

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

1-beds in Park Corner, and where 303 sits

All 18 1-beds →

303 last sold in July 2013 at AED 329 per sqft, in line with what one-beds in Park Corner were fetching at the time (AED 331). 303's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Sep 2024745,000
27 May 2024760,000
2 Jan 2024595,000
22 Dec 2023555,000
0 1-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 3rd floor

All 46 units in Park Corner
Value
3011-bedAED 595K · Jan 2024
3021-bedAED 760K · May 2024
304StudioAED 302K · Mar 2016
3052-bedAED 1.46M · Mar 2016
3061-bedAED 1.02M · Feb 2016
3071-bedAED 556K · Mar 2014
3082-bedAED 1.09M · Jul 2013
1–7 of 10

303, Park Corner in numbers

  • Sold twice: first on 6 May 2010 for AED 244,522, last on 29 July 2013 for AED 244,522 (AED 329 per sqft).
  • Rented since September 2013 on 3 Ejari contracts, from AED 52,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2013 price is 16.4%, before a service charge of about AED 12,100 a year (AED 16.37 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 6 January 2020.

Questions about 303, Park Corner

What did unit 303 last sell for?

AED 244,522 on 29 July 2013: AED 329 per sqft for 742 sqft. The unit has 2 registered sales; the first was AED 244,522 in May 2010.

What is the rent for unit 303?

AED 40,000 a year on the contract signed on 6 January 2020. The previous contract, from September 2015, was AED 55,000; the unit has been rented since September 2013.

How big is unit 303?

742 sqft (68.9 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2013.

What is unit 303 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 303, Park Corner

Starts from the last sale price (AED 245K, 29 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 244,522
Deposit, UAE resident (20%)
AED 48,904
Deposit, non-resident (40%)
AED 97,809
Monthly over 25 years at 3.7%
AED 1,000

Plus AED 13,180 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →