406, 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 406, Park Corner
What is 406 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,580 sqft
- Floor
- 4th of 4
- Parking
- B1-040
- Developer
- Gulf Technical Construction Co
- Completed
- 2013
- Service charge
- AED 25,900 /yr
- Last sold
- AED 1.28M · March 2016
- Building
- Park Corner
About 406, Park Corner
406 is a one-bedroom apartment of 1,580 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 1,279,800, or AED 809 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 8 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 63,000 a year: a gross yield of 4.9% on the 2016 price, before the service charge of about AED 25,900 a year.
Sales and rents for 406 over time
406 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 406 sits
All 18 1-beds →406 last sold in March 2016 at AED 809 per sqft, in line with what one-beds in Park Corner were fetching at the time (AED 810). 406's AED 63,000 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 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 | ||
| 405 | 2-bed | 1,936 sqft | AED 1.57MAED 1,568,160 · Mar 2016March 2016 | 79,275 /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 |
406, Park Corner in numbers
- Sold once: by Gulf Technical Construction Co on 29 March 2016 for AED 1,279,800, or AED 809 per sqft.
- Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 47,000 in 2022 and recovered to AED 63,000 by September 2025.
- At AED 63,000 a year the gross yield on the 2016 price is 4.9%, before a service charge of about AED 25,900 a year (AED 16.37 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2025.
Questions about 406, Park Corner
What did unit 406 last sell for?
AED 1,279,800 on 29 March 2016, sold by the developer: AED 809 per sqft for 1,580 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 63,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2023, was AED 49,350; the unit has been rented since November 2013.
How big is unit 406?
1,580 sqft (146.8 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2013.
What is unit 406 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 406, Park Corner
Starts from the last sale price (AED 1.28M, 29 March 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,279,800
- Deposit, UAE resident (20%)
- AED 255,960
- Deposit, non-resident (40%)
- AED 511,920
- Monthly over 25 years at 3.7%
- AED 5,236
Plus AED 58,762 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →