Studio · 491 sqftThe Square Tower, Jumeirah Village Circle (JVC) · 20th floor · completed 2020

2011, The Square Tower

Sold prices and rental history: sold twice, last in March 2024, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2011 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 490K7 March 2024
Current rentAED 50K /yr15 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2011, The Square Tower

What is 2011 worth today?

Last sold for AED 490,000 in 2024

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15 May 2024RentedNew contract
AED 50,000/yr12 months · AED 102 per sqft
7 Mar 2024SoldReady
AED 490,000AED 997 per sqft
9 Sep 2019Sold by developerOff-plan
AED 492,450AED 1,002 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2024.

Key facts

Type
Studio apartment
Size
491 sqft
Floor
20th of 36
Parking
P2-34
Developer
Tiger Properties
Completed
2020
Service charge
AED 7,700 /yr
Last sold
AED 490K · March 2024

About 2011, The Square Tower

2011 is a studio of 491 sqft on the 20th floor of The Square Tower, a 36-storey tower in Jumeirah Village Circle (JVC) completed in 2020 by Tiger Properties. It last sold on 7 March 2024 for AED 490,000, or AED 997 per sqft, in line with the AED 980 studios in the building were fetching at the time.

One Ejari contract is registered, from 15 May 2024. The current contract, signed on 15 May 2024, is AED 50,000 a year: a gross yield of 10.2% on the 2024 price, before the service charge of about AED 7,700 a year.

Sales and rents for 2011 over time

Sales
Unit 2011, each saleTypical studio in The Square Tower
400K500K2018202120242027Typical sale price by year: 2018 AED 389,577; 2019 AED 420,010; 2020 AED 428,830; 2021 AED 354,200; 2022 AED 445,000; 2023 AED 420,000; 2024 AED 500,000; 2025 AED 560,000; 2026 AED 535,000Sold by developer, September 2019: AED 492,450 (AED 1,002 per sqft)Sold, March 2024: AED 490,000 (AED 997 per sqft)

2011 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2011, each contractTypical studio in The Square Tower
30K40K50K2021202320252027Typical rent by year: 2021 AED 33,000; 2022 AED 32,000; 2023 AED 36,000; 2024 AED 42,000; 2025 AED 46,000; 2026 AED 48,000New contract, May 2024: AED 50,000 a year

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 2011 sits

All 208 studios →

2011 last sold in March 2024 at AED 997 per sqft, in line with what studios in The Square Tower were fetching at the time (AED 980). 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. 2011's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Feb 2026650,000
22 Jan 2026535,000
17 Jan 2026480,000
15 Jan 2026535,000
11 studio sales in the last 12 months

The Square Tower

Building

346 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
7.9%
The Square Tower, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 20th floor

All 346 units in The Square Tower
Value
20011-bedAED 481K · Nov 2021
2002StudioAED 415K · Sep 2023
2003StudioNo registered sale
2004StudioAED 400K · Jan 2020
2005StudioAED 400K · Jan 2020
2006StudioAED 420K · Aug 2023
2007StudioAED 500K · Aug 2024
1–7 of 13

2011, The Square Tower in numbers

  • Sold twice: first on 9 September 2019 for AED 492,450, last on 7 March 2024 for AED 490,000 (AED 997 per sqft).
  • Rented since May 2024 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 10.2%, before a service charge of about AED 7,700 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 15 May 2024.

Questions about 2011, The Square Tower

What did unit 2011 last sell for?

AED 490,000 on 7 March 2024: AED 997 per sqft for 491 sqft. The unit has 2 registered sales; the first was AED 492,450 in September 2019.

What is the rent for unit 2011?

AED 50,000 a year on the contract signed on 15 May 2024.

How big is unit 2011?

491 sqft (45.6 sqm): a studio on the 20th floor of a 36-storey tower completed in 2020.

What is unit 2011 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 2011, The Square Tower

Starts from the last sale price (AED 490K, 7 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

Plus AED 23,490 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →