304, 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.
Property timeline for 304, Park Corner
What is 304 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 21 July 2021.
Key facts
- Type
- Studio apartment
- Size
- 374 sqft
- Floor
- 3rd of 4
- Parking
- B1-024
- Developer
- Gulf Technical Construction Co
- Completed
- 2013
- Service charge
- AED 6,100 /yr
- Last sold
- AED 302K · March 2016
- Building
- Park Corner
About 304, Park Corner
304 is a studio of 374 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. The developer sold it on 29 March 2016 for AED 302,130, or AED 808 per sqft, in line with the AED 809 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 21 July 2021, is AED 25,000 a year: a gross yield of 8.3% on the 2016 price, before the service charge of about AED 6,100 a year.
Sales and rents for 304 over time
304 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Park Corner, and where 304 sits
All 9 studios →304 last sold in March 2016 at AED 808 per sqft, in line with what studios in Park Corner were fetching at the time (AED 809).
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jan 202313 January 2023 | 371 sqft | 275,000 | 740 | ||
| 28 Feb 201928 February 2019 | 375 sqft | 305,000 | 814 | ||
| 26 Mar 201726 March 2017 | 409 sqft | 375,000 | 917 | ||
| 29 Mar 201629 March 2016 | 408 sqft | 330,480 | 809 |
Park Corner
Building46 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
Other units on the 3rd floor
All 46 units in Park Corner| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 872 sqft | AED 595KAED 595,000 · Jan 2024January 2024 | 49,000 /yr | |
| 302 | 1-bed | 805 sqft | AED 760KAED 760,000 · May 2024May 2024 | 40,000 /yr | |
| 303 | 1-bed | 742 sqft | AED 245KAED 244,522 · Jul 2013July 2013 | 40,000 /yr | |
| 305 | 2-bed | 1,806 sqft | AED 1.46MAED 1,462,050 · Mar 2016March 2016 | 87,000 /yr | |
| 306 | 1-bed | 1,257 sqft | AED 1.02MAED 1,018,186 · Feb 2016February 2016 | 53,000 /yr | |
| 307 | 1-bed | 783 sqft | AED 556KAED 555,560 · Mar 2014March 2014 | 49,500 /yr | |
| 308 | 2-bed | 1,647 sqft | AED 1.09MAED 1,085,072 · Jul 2013July 2013 | 84,000 /yr | |
| 309 | 1-bed | 793 sqft | AED 643KAED 642,666 · Feb 2016February 2016 | 52,000 /yr | |
| 310 | 1-bed | 1,192 sqft | AED 966KAED 965,520 · Mar 2016March 2016 | 62,000 /yr | |
| 311 | 2-bed | 1,152 sqft | AED 933KAED 933,120 · Mar 2016March 2016 | 69,300 /yr |
304, Park Corner in numbers
- Sold once: by Gulf Technical Construction Co on 29 March 2016 for AED 302,130, or AED 808 per sqft.
- Rented since June 2013 on 7 Ejari contracts, from AED 28,000 to AED 25,000 a year.
- At AED 25,000 a year the gross yield on the 2016 price is 8.3%, before a service charge of about AED 6,100 a year (AED 16.37 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 21 July 2021.
Questions about 304, Park Corner
What did unit 304 last sell for?
AED 302,130 on 29 March 2016, sold by the developer: AED 808 per sqft for 374 sqft. It is the only registered sale of the unit.
What is the rent for unit 304?
AED 25,000 a year on the contract signed on 21 July 2021. The previous contract, from June 2020, was AED 28,000; the unit has been rented since June 2013.
How big is unit 304?
374 sqft (34.7 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2013.
What is unit 304 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 304, Park Corner
Starts from the last sale price (AED 302K, 29 March 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 302,130
- Deposit, UAE resident (20%)
- AED 60,426
- Deposit, non-resident (40%)
- AED 120,852
- Monthly over 25 years at 3.7%
- AED 1,236
Plus AED 15,599 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →