501, The Square Tower
Sold prices and rental history: sold once, by the developer in November 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, The Square Tower
What is 501 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 24 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 861 sqft
- Floor
- 5th of 36
- Parking
- B1-18
- Developer
- Tiger Properties
- Completed
- 2020
- Service charge
- AED 13,400 /yr
- Last sold
- AED 646K · November 2022
- Building
- The Square Tower
About 501, The Square Tower
501 is a one-bedroom apartment of 861 sqft on the 5th 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 21 November 2022 for AED 645,593, or AED 749 per sqft, 130% above the AED 325 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 24 September 2023, is AED 44,275 a year: a gross yield of 6.9% on the 2022 price, before the service charge of about AED 13,400 a year.
Sales and rents for 501 over time
501 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 The Square Tower, and where 501 sits
All 116 1-beds →501 last sold in November 2022 at AED 749 per sqft, 130% above what one-beds in The Square Tower were fetching at the time (AED 325). Over the last 12 months one-beds sold for AED 800,000 to 1,000,000, around AED 956 per sqft, and rent for AED 62,000 to 80,000 a year. 501's AED 44,275 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 1,084 sqft | 1,000,000 | 922 | ||
| 29 Jan 202629 January 2026 | 749 sqft | 800,000 | 1,067 | ||
| 14 Jan 202614 January 2026 | 961 sqft | 925,000 | 962 | ||
| 26 Dec 202526 December 2025 | 963 sqft | 915,000 | 950 |
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 5th floor
All 346 units in The Square Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 327 sqft | AED 500KAED 500,000 · Nov 2025November 2025 | 28,000 /yr | ||
| 503 | Studio | 419 sqft | AED 433KAED 433,140 · Oct 2020October 2020 | 42,000 /yr | |
| 504 | Studio | 394 sqft | AED 428KAED 428,000 · Feb 2020February 2020 | 50,000 /yr | |
| 505 | Studio | 394 sqft | AED 428KAED 428,000 · Sep 2021September 2021 | ||
| 506 | Studio | 415 sqft | AED 432KAED 432,390 · Apr 2019April 2019 | 28,000 /yr | |
| 507 | Studio | 333 sqft | AED 398KAED 397,500 · Oct 2018October 2018 | 39,600 /yr | |
| 508 | 1-bed | 832 sqft | AED 748KAED 747,821 · Jan 2023January 2023 | 58,000 /yr | |
| 509 | 1-bed | 768 sqft | AED 727KAED 727,036 · Aug 2021August 2021 | 75,202 /yr | |
| 510 | Studio | 619 sqft | AED 470KAED 470,379 · May 2022May 2022 | 46,374 /yr | |
| 511 | Studio | 488 sqft | AED 480KAED 480,000 · Sep 2021September 2021 | 43,000 /yr | |
| 512 | 488 sqft | AED 555KAED 555,000 · Nov 2025November 2025 | 50,000 /yr | ||
| 513 | Studio | 618 sqft | AED 650KAED 650,000 · Jul 2025July 2025 | ||
| 514 | 1-bed | 749 sqft | AED 708KAED 708,000 · Jul 2021July 2021 | 70,000 /yr |
501, The Square Tower in numbers
- Sold once: by Tiger Properties on 21 November 2022 for AED 645,593, or AED 749 per sqft.
- Rented since September 2021 on 3 Ejari contracts, from AED 35,000 to AED 44,275 a year.
- At AED 44,275 a year the gross yield on the 2022 price is 6.9%, before a service charge of about AED 13,400 a year (AED 15.60 per sqft).
- One-beds in The Square Tower sold for AED 800,000–1,000,000 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 24 September 2023.
Questions about 501, The Square Tower
What did unit 501 last sell for?
AED 645,593 on 21 November 2022, sold by the developer: AED 749 per sqft for 861 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 44,275 a year on the contract renewed on 24 September 2023. The previous contract, from September 2022, was AED 40,250; the unit has been rented since September 2021.
How big is unit 501?
861 sqft (80.0 sqm): a one-bedroom apartment on the 5th floor of a 36-storey tower completed in 2020.
What is unit 501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Square Tower sold for AED 800,000 to 1,000,000 in the last 12 months, around AED 956 per sqft.
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Mortgage on 501, The Square Tower
Starts from the last sale price (AED 646K, 21 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 645,593
- Deposit, UAE resident (20%)
- AED 129,119
- Deposit, non-resident (40%)
- AED 258,237
- Monthly over 25 years at 3.7%
- AED 2,641
Plus AED 32,125 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →