405, Park Corner
Sold prices and rental history: sold once, by the developer in March 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 405, Park Corner
What is 405 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 August 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,936 sqft
- Floor
- 4th of 4
- Parking
- B1-039
- Developer
- Gulf Technical Construction Co
- Completed
- 2013
- Service charge
- AED 31,700 /yr
- Last sold
- AED 1.57M · March 2016
- Building
- Park Corner
About 405, Park Corner
405 is a two-bedroom apartment of 1,936 sqft on the 4th 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 1,568,160, or AED 809 per sqft, in line with the AED 809 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 25 August 2023, is AED 79,275 a year: a gross yield of 5.1% on the 2016 price, before the service charge of about AED 31,700 a year.
Sales and rents for 405 over time
405 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Park Corner, and where 405 sits
All 16 2-beds →405 last sold in March 2016 at AED 809 per sqft, in line with what two-beds in Park Corner were fetching at the time (AED 809). 405's AED 79,275 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Nov 202426 November 2024 | 1,605 sqft | 1,225,000 | 763 | ||
| 26 Apr 202326 April 2023 | 1,809 sqft | 1,250,000 | 691 | ||
| 9 Dec 20219 December 2021 | 1,288 sqft | 715,000 | 555 | ||
| 30 May 201630 May 2016 | 1,433 sqft | 998,250 | 696 |
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 4th floor
All 46 units in Park Corner| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,758 sqft | AED 1.42MAED 1,423,170 · Apr 2016April 2016 | 80,000 /yr | |
| 402 | Studio | 358 sqft | AED 279KAED 278,640 · Mar 2016March 2016 | 50,000 /yr | |
| 403 | 1-bed | 1,040 sqft | AED 842KAED 842,066 · Feb 2016February 2016 | 54,000 /yr | |
| 404 | 916 sqft | AED 642KAED 642,000 · Sep 2025September 2025 | 58,000 /yr | ||
| 406 | 1-bed | 1,580 sqft | AED 1.28MAED 1,279,800 · Mar 2016March 2016 | 63,000 /yr | |
| 407 | 1-bed | 771 sqft | AED 745KAED 745,000 · Sep 2024September 2024 | 70,000 /yr | |
| 408 | 2-bed | 1,163 sqft | AED 942KAED 942,030 · Mar 2016March 2016 | 80,000 /yr | |
| 409 | 1-bed | 1,124 sqft | AED 910KAED 910,440 · Mar 2016March 2016 | 43,919 /yr |
405, Park Corner in numbers
- Sold once: by Gulf Technical Construction Co on 29 March 2016 for AED 1,568,160, or AED 809 per sqft.
- Rented since March 2014 on 5 Ejari contracts, from AED 100,000 to AED 79,275 a year.
- At AED 79,275 a year the gross yield on the 2016 price is 5.1%, before a service charge of about AED 31,700 a year (AED 16.37 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 25 August 2023.
Questions about 405, Park Corner
What did unit 405 last sell for?
AED 1,568,160 on 29 March 2016, sold by the developer: AED 809 per sqft for 1,936 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 79,275 a year on the contract signed on 25 August 2023. The previous contract, from July 2018, was AED 90,000; the unit has been rented since March 2014.
How big is unit 405?
1,936 sqft (179.9 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2013.
What is unit 405 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 405, Park Corner
Starts from the last sale price (AED 1.57M, 29 March 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,568,160
- Deposit, UAE resident (20%)
- AED 313,632
- Deposit, non-resident (40%)
- AED 627,264
- Monthly over 25 years at 3.7%
- AED 6,416
Plus AED 70,872 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →