Studio · 488 sqftThe Square Tower, Jumeirah Village Circle (JVC) · 5th floor · completed 2020

511, The Square Tower

Sold prices and rental history: sold once, by the developer in September 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 480K6 September 2021
Current rentAED 43K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, The Square Tower

What is 511 worth today?

Last sold for AED 480,000 in 2021

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1 Oct 2025RentedNew contract
AED 43,000/yr12 months · AED 88 per sqft
24 Sep 2022RentedNew contract
AED 33,000/yr12 months · AED 68 per sqft
17 Sep 2021RentedNew contract
AED 33,500/yr12 months · AED 69 per sqft
6 Sep 2021Sold by developerOff-plan
AED 480,000AED 983 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2025.

Key facts

Type
Studio apartment
Size
488 sqft
Floor
5th of 36
Parking
P3-17
Developer
Tiger Properties
Completed
2020
Service charge
AED 7,600 /yr
Last sold
AED 480K · September 2021

About 511, The Square Tower

511 is a studio of 488 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 6 September 2021 for AED 480,000, or AED 983 per sqft, 245% above the AED 285 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 October 2025, is AED 43,000 a year: a gross yield of 9.0% on the 2021 price, before the service charge of about AED 7,600 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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 2021: AED 480,000 (AED 983 per sqft)

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

Rents
Unit 511, 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, September 2021: AED 33,500 a yearNew contract, September 2022: AED 33,000 a yearNew contract, October 2025: AED 43,000 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 511 sits

All 208 studios →

511 last sold in September 2021 at AED 983 per sqft, 245% above what studios in The Square Tower were fetching at the time (AED 285). 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. 511's AED 43,000 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 5th floor

All 346 units in The Square Tower
Value
5011-bedAED 646K · Nov 2022
502AED 500K · Nov 2025
503StudioAED 433K · Oct 2020
504StudioAED 428K · Feb 2020
505StudioAED 428K · Sep 2021
506StudioAED 432K · Apr 2019
507StudioAED 398K · Oct 2018
1–7 of 13

511, The Square Tower in numbers

  • Sold once: by Tiger Properties on 6 September 2021 for AED 480,000, or AED 983 per sqft.
  • Rented since September 2021 on 3 Ejari contracts, from AED 33,500 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2021 price is 9.0%, before a service charge of about AED 7,600 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 October 2025.

Questions about 511, The Square Tower

What did unit 511 last sell for?

AED 480,000 on 6 September 2021, sold by the developer: AED 983 per sqft for 488 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 43,000 a year on the contract signed on 1 October 2025. The previous contract, from September 2022, was AED 33,000; the unit has been rented since September 2021.

How big is unit 511?

488 sqft (45.3 sqm): a studio on the 5th floor of a 36-storey tower completed in 2020.

What is unit 511 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 511, The Square Tower

Starts from the last sale price (AED 480K, 6 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

Plus AED 23,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →