306, Park Corner
Sold prices and rental history: sold once, by the developer in February 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Park Corner
What is 306 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 September 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,257 sqft
- Floor
- 3rd of 4
- Parking
- B1-050
- Developer
- Gulf Technical Construction Co
- Completed
- 2013
- Service charge
- AED 20,600 /yr
- Last sold
- AED 1.02M · February 2016
- Building
- Park Corner
About 306, Park Corner
306 is a one-bedroom apartment of 1,257 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 28 February 2016 for AED 1,018,186, or AED 810 per sqft, in line with the AED 810 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 5 September 2022, is AED 53,000 a year: a gross yield of 5.2% on the 2016 price, before the service charge of about AED 20,600 a year.
Sales and rents for 306 over time
306 has sold once; the dashed line is the one-bed median of each year in the building.
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 306 sits
All 18 1-beds →306 last sold in February 2016 at AED 810 per sqft, in line with what one-beds in Park Corner were fetching at the time (AED 810). 306's AED 53,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Sep 202424 September 2024 | 771 sqft | 745,000 | 966 | ||
| 27 May 202427 May 2024 | 805 sqft | 760,000 | 944 | ||
| 2 Jan 20242 January 2024 | 872 sqft | 595,000 | 682 | ||
| 22 Dec 202322 December 2023 | 771 sqft | 555,000 | 719 |
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 | |
| 304 | Studio | 374 sqft | AED 302KAED 302,130 · Mar 2016March 2016 | 25,000 /yr | |
| 305 | 2-bed | 1,806 sqft | AED 1.46MAED 1,462,050 · Mar 2016March 2016 | 87,000 /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 |
306, Park Corner in numbers
- Sold once: by Gulf Technical Construction Co on 28 February 2016 for AED 1,018,186, or AED 810 per sqft.
- Rented since April 2014 on 7 Ejari contracts, from AED 57,750 to AED 53,000 a year.
- At AED 53,000 a year the gross yield on the 2016 price is 5.2%, before a service charge of about AED 20,600 a year (AED 16.37 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 5 September 2022.
Questions about 306, Park Corner
What did unit 306 last sell for?
AED 1,018,186 on 28 February 2016, sold by the developer: AED 810 per sqft for 1,257 sqft. It is the only registered sale of the unit.
What is the rent for unit 306?
AED 53,000 a year on the contract signed on 5 September 2022. The previous contract, from July 2021, was AED 50,000; the unit has been rented since April 2014.
How big is unit 306?
1,257 sqft (116.8 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2013.
What is unit 306 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 306, Park Corner
Starts from the last sale price (AED 1.02M, 28 February 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,018,186
- Deposit, UAE resident (20%)
- AED 203,637
- Deposit, non-resident (40%)
- AED 407,274
- Monthly over 25 years at 3.7%
- AED 4,166
Plus AED 47,773 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →