508, The Square Tower
Sold prices and rental history: sold once, by the developer in January 2023, and rented once, from April 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, The Square Tower
What is 508 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 832 sqft
- Floor
- 5th of 36
- Parking
- P3-15
- Developer
- Tiger Properties
- Completed
- 2020
- Service charge
- AED 13,000 /yr
- Last sold
- AED 748K · January 2023
- Building
- The Square Tower
About 508, The Square Tower
508 is a one-bedroom apartment of 832 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 24 January 2023 for AED 747,821, or AED 898 per sqft, 176% above the AED 325 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 5 April 2025. The current contract, signed on 5 April 2025, is AED 58,000 a year: a gross yield of 7.8% on the 2023 price, before the service charge of about AED 13,000 a year.
Sales and rents for 508 over time
508 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 508 sits
All 116 1-beds →508 last sold in January 2023 at AED 898 per sqft, 176% 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. 508's AED 58,000 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
- 7.9%
Other units on the 5th floor
All 346 units in The Square Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 861 sqft | AED 646KAED 645,593 · Nov 2022November 2022 | 44,275 /yr | |
| 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 | |
| 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 |
508, The Square Tower in numbers
- Sold once: by Tiger Properties on 24 January 2023 for AED 747,821, or AED 898 per sqft.
- Rented since April 2025 on one Ejari contract, at AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2023 price is 7.8%, before a service charge of about AED 13,000 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 5 April 2025.
Questions about 508, The Square Tower
What did unit 508 last sell for?
AED 747,821 on 24 January 2023, sold by the developer: AED 898 per sqft for 832 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 58,000 a year on the contract signed on 5 April 2025.
How big is unit 508?
832 sqft (77.3 sqm): a one-bedroom apartment on the 5th floor of a 36-storey tower completed in 2020.
What is unit 508 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 508, The Square Tower
Starts from the last sale price (AED 748K, 24 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 747,821
- Deposit, UAE resident (20%)
- AED 149,564
- Deposit, non-resident (40%)
- AED 299,128
- Monthly over 25 years at 3.7%
- AED 3,060
Plus AED 36,419 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →