1503, The Square Tower
Sold prices and rental history: sold once, by the developer in September 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, The Square Tower
What is 1503 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 September 2023.
Key facts
- Type
- Studio apartment
- Size
- 419 sqft
- Floor
- 15th of 36
- Parking
- B2-53
- Developer
- Tiger Properties
- Completed
- 2020
- Service charge
- AED 6,500 /yr
- Last sold
- AED 421K · September 2021
- Building
- The Square Tower
About 1503, The Square Tower
1503 is a studio of 419 sqft on the 15th floor of The Square Tower, a 36-storey tower in Jumeirah Village Circle (JVC) completed in 2020 by Tiger Properties. The developer sold it on 12 September 2021 for AED 420,824, or AED 1,004 per sqft, 252% above the AED 285 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 20 September 2023, is AED 38,000 a year: a gross yield of 9.0% on the 2021 price, before the service charge of about AED 6,500 a year.
Sales and rents for 1503 over time
1503 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 The Square Tower, and where 1503 sits
All 208 studios →1503 last sold in September 2021 at AED 1,004 per sqft, 252% above what studios in The Square Tower were fetching at the time (AED 285). Over the last 12 months studios sold for AED 480,000 to 650,000, around AED 1,270 per sqft, and rent for AED 40,000 to 67,000 a year. 1503's AED 38,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Feb 20266 February 2026 | 621 sqft | 650,000 | 1,047 | ||
| 22 Jan 202622 January 2026 | 421 sqft | 535,000 | 1,270 | ||
| 17 Jan 202617 January 2026 | 327 sqft | 480,000 | 1,467 | ||
| 15 Jan 202615 January 2026 | 402 sqft | 535,000 | 1,331 |
The Square Tower
Building346 apartments, studios to 2-bed over 36 floors in Jumeirah Village Circle (JVC), completed in 2020 by Tiger Properties. 17 sold in the last 12 months.
- Typical price per sqft
- AED 1,219 Up 16.0%
- Typical sale
- AED 595K
- Typical rent
- AED 55K /yr
- Typical yield
- 8.0%
Other units on the 15th floor
All 346 units in The Square Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 818 sqft | AED 250KAED 250,000 · Apr 2021April 2021 | 47,250 /yr | |
| 1502 | Studio | 327 sqft | AED 480KAED 480,000 · Aug 2024August 2024 | 45,000 /yr | |
| 1504 | Studio | 394 sqft | AED 450KAED 450,000 · Oct 2019October 2019 | 40,000 /yr | |
| 1505 | Studio | 394 sqft | AED 400KAED 400,000 · Apr 2019April 2019 | 44,000 /yr | |
| 1506 | Studio | 415 sqft | AED 525KAED 525,000 · Jan 2026January 2026 | 40,950 /yr | |
| 1507 | Studio | 333 sqft | AED 397KAED 397,105 · Oct 2018October 2018 | 31,900 /yr | |
| 1508 | 1-bed | 832 sqft | AED 807KAED 806,875 · Feb 2022February 2022 | 70,000 /yr | |
| 1509 | 1-bed | 768 sqft | No registered sale | 65,000 /yr | |
| 1510 | Studio | 619 sqft | AED 170KAED 170,000 · May 2021May 2021 | 52,000 /yr | |
| 1511 | Studio | 488 sqft | AED 493KAED 492,660 · Nov 2021November 2021 | ||
| 1512 | Studio | 488 sqft | AED 493KAED 492,560 · Mar 2020March 2020 | 50,000 /yr | |
| 1513 | Studio | 618 sqft | AED 170KAED 170,000 · May 2021May 2021 | 50,500 /yr | |
| 1514 | 1-bed | 749 sqft | AED 708KAED 708,434 · Mar 2022March 2022 | 63,000 /yr |
1503, The Square Tower in numbers
- Sold once: by Tiger Properties on 12 September 2021 for AED 420,824, or AED 1,004 per sqft.
- Rented since December 2021 on 4 Ejari contracts, from AED 25,000 to AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2021 price is 9.0%, before a service charge of about AED 6,500 a year (AED 15.60 per sqft).
- Studios in The Square Tower sold for AED 480,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 1,219 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 20 September 2023.
Questions about 1503, The Square Tower
What did unit 1503 last sell for?
AED 420,824 on 12 September 2021, sold by the developer: AED 1,004 per sqft for 419 sqft. It is the only registered sale of the unit.
What is the rent for unit 1503?
AED 38,000 a year on the contract signed on 20 September 2023. The previous contract, from December 2022, was AED 27,000; the unit has been rented since December 2021.
How big is unit 1503?
419 sqft (38.9 sqm): a studio on the 15th floor of a 36-storey tower completed in 2020.
What is unit 1503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Square Tower sold for AED 480,000 to 650,000 in the last 12 months, around AED 1,270 per sqft.
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Mortgage on 1503, The Square Tower
Starts from the last sale price (AED 421K, 12 September 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 420,824
- Deposit, UAE resident (20%)
- AED 84,165
- Deposit, non-resident (40%)
- AED 168,330
- Monthly over 25 years at 3.7%
- AED 1,722
Plus AED 20,585 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →