1-bed · 1,192 sqftPark Corner, Jumeirah Village Circle (JVC) · 3rd floor · completed 2013

310, 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 310 · DLD and Ejari recordsUpdated 20 May 2023
Last soldAED 966K29 March 2016
Current rentAED 62K /yr20 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 310, Park Corner

What is 310 worth today?

Last sold for AED 965,520 in 2016

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20 May 2023RentedNew contract
AED 62,000/yr12 months · AED 52 per sqft
25 Apr 2022RentedNew contract
AED 51,000/yr12 months · AED 43 per sqft
7 Mar 2020RentedNew contract
AED 55,000/yr12 months · AED 46 per sqft
20 Jan 2019RentedNew contract
AED 61,000/yr12 months · AED 51 per sqft
18 Apr 2018RentedRenewal
AED 62,000/yr12 months · AED 52 per sqft
18 Apr 2017RentedNew contract
AED 62,000/yr12 months · AED 52 per sqft
29 Mar 2016Sold by developerReady
AED 965,520AED 810 per sqft
18 Apr 2015RentedNew contract
AED 57,750/yr12 months · AED 48 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 May 2023.

Key facts

Type
1-bed apartment
Size
1,192 sqft
Floor
3rd of 4
Parking
B1-054
Developer
Gulf Technical Construction Co
Completed
2013
Service charge
AED 19,500 /yr
Last sold
AED 966K · March 2016
Building
Park Corner

About 310, Park Corner

310 is a one-bedroom apartment of 1,192 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 965,520, 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 2013 on 9 Ejari contracts. The current contract, signed on 20 May 2023, is AED 62,000 a year: a gross yield of 6.4% on the 2016 price, before the service charge of about AED 19,500 a year.

Sales and rents for 310 over time

Sales
Unit 310, 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, March 2016: AED 965,520 (AED 810 per sqft)

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

Rents
Unit 310, 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, April 2013: AED 55,000 a yearNew contract, April 2014: AED 57,750 a yearNew contract, April 2015: AED 57,750 a yearNew contract, April 2017: AED 62,000 a yearRenewal, April 2018: AED 62,000 a yearNew contract, January 2019: AED 61,000 a yearNew contract, March 2020: AED 55,000 a yearNew contract, April 2022: AED 51,000 a yearNew contract, May 2023: AED 62,000 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 310 sits

All 18 1-beds →

310 last sold in March 2016 at AED 810 per sqft, in line with what one-beds in Park Corner were fetching at the time (AED 810). 310's AED 62,000 is in the lower half 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
3031-bedAED 245K · Jul 2013
304StudioAED 302K · Mar 2016
3052-bedAED 1.46M · Mar 2016
3061-bedAED 1.02M · Feb 2016
3071-bedAED 556K · Mar 2014
1–7 of 10

310, Park Corner in numbers

  • Sold once: by Gulf Technical Construction Co on 29 March 2016 for AED 965,520, or AED 810 per sqft.
  • Rented since April 2013 on 9 Ejari contracts, from AED 55,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2016 price is 6.4%, before a service charge of about AED 19,500 a year (AED 16.37 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 20 May 2023.

Questions about 310, Park Corner

What did unit 310 last sell for?

AED 965,520 on 29 March 2016, sold by the developer: AED 810 per sqft for 1,192 sqft. It is the only registered sale of the unit.

What is the rent for unit 310?

AED 62,000 a year on the contract signed on 20 May 2023. The previous contract, from April 2022, was AED 51,000; the unit has been rented since April 2013.

How big is unit 310?

1,192 sqft (110.7 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2013.

What is unit 310 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 310, Park Corner

Starts from the last sale price (AED 966K, 29 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 965,520
Deposit, UAE resident (20%)
AED 193,104
Deposit, non-resident (40%)
AED 386,208
Monthly over 25 years at 3.7%
AED 3,950

Plus AED 45,562 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →