701, The Square Tower
Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, The Square Tower
What is 701 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 861 sqft
- Floor
- 7th of 36
- Parking
- B2-02
- Developer
- Tiger Properties
- Completed
- 2020
- Service charge
- AED 13,400 /yr
- Last sold
- AED 250K · August 2022
- Building
- The Square Tower
About 701, The Square Tower
701 is a one-bedroom apartment of 861 sqft on the 7th 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 August 2022 for AED 250,000, or AED 290 per sqft, 58% below the AED 692 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 15 September 2023, is AED 46,000 a year: a gross yield of 18.4% on the 2022 price, before the service charge of about AED 13,400 a year.
Sales and rents for 701 over time
701 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 701 sits
All 116 1-beds →701 last sold in August 2022 at AED 290 per sqft, 58% below what one-beds in The Square Tower were fetching at the time (AED 692). 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. 701's AED 46,000 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
- 8.0%
Other units on the 7th floor
All 346 units in The Square Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | Studio | 327 sqft | AED 390KAED 389,577 · Oct 2018October 2018 | ||
| 703 | Studio | 419 sqft | AED 530KAED 530,000 · Oct 2024October 2024 | 46,000 /yr | |
| 704 | Studio | 394 sqft | AED 417KAED 416,830 · Jul 2020July 2020 | 42,000 /yr | |
| 705 | Studio | 394 sqft | AED 515KAED 515,000 · Apr 2025April 2025 | ||
| 706 | Studio | 415 sqft | AED 387KAED 386,990 · Dec 2020December 2020 | 40,000 /yr | |
| 707 | Studio | 333 sqft | AED 398KAED 398,000 · Oct 2018October 2018 | 36,000 /yr | |
| 708 | 1-bed | 832 sqft | AED 750KAED 750,000 · Apr 2025April 2025 | 67,000 /yr | |
| 709 | 1-bed | 768 sqft | AED 727KAED 726,845 · Aug 2021August 2021 | 60,162 /yr | |
| 710 | Studio | 619 sqft | AED 670KAED 670,000 · May 2025May 2025 | ||
| 711 | Studio | 488 sqft | AED 400KAED 400,000 · Apr 2023April 2023 | 45,000 /yr | |
| 712 | Studio | 488 sqft | AED 590KAED 590,000 · Jul 2025July 2025 | 60,000 /yr | |
| 713 | Studio | 618 sqft | AED 610KAED 610,000 · Jul 2024July 2024 | 45,000 /yr | |
| 714 | 1-bed | 749 sqft | AED 708KAED 708,000 · Feb 2022February 2022 | 58,000 /yr |
701, The Square Tower in numbers
- Sold once: by Tiger Properties on 24 August 2022 for AED 250,000, or AED 290 per sqft.
- Rented since September 2022 on 2 Ejari contracts, from AED 42,000 to AED 46,000 a year.
- At AED 46,000 a year the gross yield on the 2022 price is 18.4%, 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 15 September 2023.
Questions about 701, The Square Tower
What did unit 701 last sell for?
AED 250,000 on 24 August 2022, sold by the developer: AED 290 per sqft for 861 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 46,000 a year on the contract renewed on 15 September 2023. The previous contract, from September 2022, was AED 42,000.
How big is unit 701?
861 sqft (80.0 sqm): a one-bedroom apartment on the 7th floor of a 36-storey tower completed in 2020.
What is unit 701 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 701, The Square Tower
Starts from the last sale price (AED 250K, 24 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 250,000
- Deposit, UAE resident (20%)
- AED 50,000
- Deposit, non-resident (40%)
- AED 100,000
- Monthly over 25 years at 3.7%
- AED 1,023
Plus AED 13,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →