Studio · 402 sqftThe Square Tower, Jumeirah Village Circle (JVC) · 29th floor · completed 2020

2902, The Square Tower

Sold prices and rental history: sold once, by the developer in April 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 400K22 April 2019
Current rentAED 39K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, The Square Tower

What is 2902 worth today?

Last sold for AED 400,000 in 2019

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1 Mar 2024RentedNew contract
AED 39,000/yr12 months · AED 98 per sqft
14 Jan 2023RentedRenewal
AED 27,000/yr12 months · AED 68 per sqft
14 Jan 2022RentedNew contract
AED 27,000/yr12 months · AED 68 per sqft
22 Apr 2019Sold by developerOff-plan
AED 400,000AED 995 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2024.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
29th of 36
Parking
P2-47
Developer
Tiger Properties
Completed
2020
Service charge
AED 6,300 /yr
Last sold
AED 400K · April 2019

About 2902, The Square Tower

2902 is a studio of 402 sqft on the 29th 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 22 April 2019 for AED 400,000, or AED 995 per sqft, 16% below the AED 1,188 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 March 2024, is AED 39,000 a year: a gross yield of 9.8% on the 2019 price, before the service charge of about AED 6,300 a year.

Sales and rents for 2902 over time

Sales
Unit 2902, 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, April 2019: AED 400,000 (AED 995 per sqft)

2902 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2902, 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, January 2022: AED 27,000 a yearRenewal, January 2023: AED 27,000 a yearNew contract, March 2024: AED 39,000 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 2902 sits

All 208 studios →

2902 last sold in April 2019 at AED 995 per sqft, 16% below what studios in The Square Tower were fetching at the time (AED 1,188). 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. 2902's AED 39,000 is at the bottom 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
8.0%
The Square Tower, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 29th floor

All 346 units in The Square Tower
Value
29011-bedAED 900K · Jun 2025
2903StudioNo registered sale
29041-bedAED 720K · Aug 2022
29051-bedAED 675K · Nov 2023
2906StudioAED 535K · Dec 2024
2907StudioAED 440K · Jan 2020
29081-bedAED 732K · Apr 2021

2902, The Square Tower in numbers

  • Sold once: by Tiger Properties on 22 April 2019 for AED 400,000, or AED 995 per sqft.
  • Rented since January 2022 on 3 Ejari contracts, from AED 27,000 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2019 price is 9.8%, before a service charge of about AED 6,300 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 1 March 2024.

Questions about 2902, The Square Tower

What did unit 2902 last sell for?

AED 400,000 on 22 April 2019, sold by the developer: AED 995 per sqft for 402 sqft. It is the only registered sale of the unit.

What is the rent for unit 2902?

AED 39,000 a year on the contract signed on 1 March 2024. The previous contract, from January 2023, was AED 27,000; the unit has been rented since January 2022.

How big is unit 2902?

402 sqft (37.3 sqm): a studio on the 29th floor of a 36-storey tower completed in 2020.

What is unit 2902 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 2902, The Square Tower

Starts from the last sale price (AED 400K, 22 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

Plus AED 19,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →