Studio · 389 sqftThe Square Tower, Jumeirah Village Circle (JVC) · 29th floor · completed 2020

2906, The Square Tower

Sold prices and rental history: sold twice, last in December 2024, and rented once, from February 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2906 · DLD and Ejari recordsUpdated 9 December 2024
Last soldAED 535K9 December 2024
Current rentAED 40K /yr10 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2906, The Square Tower

What is 2906 worth today?

Last sold for AED 535,000 in 2024

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9 Dec 2024SoldReady
AED 535,000AED 1,375 per sqft
10 Feb 2023RentedNew contract
AED 40,000/yr12 months · AED 103 per sqft
17 Nov 2021Sold by developerReady
AED 395,000AED 1,015 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 December 2024.

Key facts

Type
Studio apartment
Size
389 sqft
Floor
29th of 36
Parking
P2-48
Developer
Tiger Properties
Completed
2020
Service charge
AED 6,100 /yr
Last sold
AED 535K · December 2024

About 2906, The Square Tower

2906 is a studio of 389 sqft on the 29th floor of The Square Tower, a 36-storey tower in Jumeirah Village Circle (JVC) completed in 2020 by Tiger Properties. It last sold on 9 December 2024 for AED 535,000, or AED 1,375 per sqft, 24% above the AED 1,108 studios in the building were fetching at the time.

One Ejari contract is registered, from 10 February 2023. The current contract, signed on 10 February 2023, is AED 40,000 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 6,100 a year.

Sales and rents for 2906 over time

Sales
Unit 2906, 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, November 2021: AED 395,000 (AED 1,015 per sqft)Sold, December 2024: AED 535,000 (AED 1,375 per sqft)

2906 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2906, 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, February 2023: AED 40,000 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 2906 sits

All 208 studios →

2906 last sold in December 2024 at AED 1,375 per sqft, 24% above what studios in The Square Tower were fetching at the time (AED 1,108). 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. 2906's AED 40,000 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
2902StudioAED 400K · Apr 2019
2903StudioNo registered sale
29041-bedAED 720K · Aug 2022
29051-bedAED 675K · Nov 2023
2907StudioAED 440K · Jan 2020
29081-bedAED 732K · Apr 2021

2906, The Square Tower in numbers

  • Sold twice: first on 17 November 2021 for AED 395,000, last on 9 December 2024 for AED 535,000 (AED 1,375 per sqft).
  • Rented since February 2023 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 price is 7.5%, before a service charge of about AED 6,100 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 9 December 2024.

Questions about 2906, The Square Tower

What did unit 2906 last sell for?

AED 535,000 on 9 December 2024: AED 1,375 per sqft for 389 sqft. The unit has 2 registered sales; the first was AED 395,000 in November 2021.

What is the rent for unit 2906?

AED 40,000 a year on the contract signed on 10 February 2023.

How big is unit 2906?

389 sqft (36.1 sqm): a studio on the 29th floor of a 36-storey tower completed in 2020.

What is unit 2906 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 2906, The Square Tower

Starts from the last sale price (AED 535K, 9 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 535,000
Deposit, UAE resident (20%)
AED 107,000
Deposit, non-resident (40%)
AED 214,000
Monthly over 25 years at 3.7%
AED 2,189

Plus AED 27,480 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →