2-bed · 939 sqftJenna Main Square 1, Town Square · 12th floor · completed 2019

1203, Jenna Main Square 1

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 18 December 2024
Last soldAED 1.3M18 December 2024
Current rentAED 55K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Jenna Main Square 1

What is 1203 worth today?

Last sold for AED 1,300,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

18 Dec 2024SoldReady
AED 1,300,000AED 1,383 per sqft
20 Aug 2024RentedRenewal
AED 55,230/yr12 months · AED 59 per sqft
20 Aug 2024RentedNew contract
AED 53,615/yr12 months · AED 57 per sqft
20 Aug 2023RentedRenewal
AED 49,200/yr12 months · AED 53 per sqft
20 Aug 2022RentedRenewal
AED 46,000/yr12 months · AED 49 per sqft
25 Jul 2020RentedNew contract
AED 42,000/yr12 months · AED 45 per sqft
7 Jun 2016Sold by developerOff-plan
AED 1,079,888AED 1,149 per sqft

Source: Dubai Land Department. Updated 18 December 2024.

Key facts

Type
2-bed apartment
Size
939 sqft
Floor
12th of 17
Parking
P-180
Developer
Nshmi Development
Completed
2019
Service charge
AED 14,600 /yr
Last sold
AED 1.3M · December 2024

About 1203, Jenna Main Square 1

1203 is a two-bedroom apartment of 939 sqft on the 12th floor of Jenna Main Square 1, a 17-storey tower in Town Square completed in 2019 by Nshmi Development. It last sold on 18 December 2024 for AED 1,300,000, or AED 1,383 per sqft, 33% above the AED 1,037 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 20 August 2024, is AED 55,230 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 14,600 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical two-bed in Jenna Main Square 1
1M2015201820212024Typical sale price by year: 2015 AED 884,888; 2016 AED 945,888; 2017 AED 1,104,388; 2018 AED 1,070,388; 2019 AED 986,888; 2020 AED 888,388; 2021 AED 899,888; 2022 AED 740,000; 2023 AED 932,500; 2024 AED 1,100,000; 2025 AED 1,315,000Sold by developer, June 2016: AED 1,079,888 (AED 1,149 per sqft)Sold, December 2024: AED 1,300,000 (AED 1,383 per sqft)

1203 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1203, each contractTypical two-bed in Jenna Main Square 1
40K60K80K2020202220242026Typical rent by year: 2020 AED 50,000; 2021 AED 48,000; 2022 AED 54,000; 2023 AED 60,000; 2024 AED 70,000; 2025 AED 82,000; 2026 AED 82,500New contract, July 2020: AED 42,000 a yearRenewal, August 2022: AED 46,000 a yearRenewal, August 2023: AED 49,200 a yearRenewal, August 2024: AED 55,230 a yearNew contract, August 2024: AED 53,615 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Jenna Main Square 1, and where 1203 sits

All 120 2-beds →

1203 last sold in December 2024 at AED 1,383 per sqft, 33% above what two-beds in Jenna Main Square 1 were fetching at the time (AED 1,037). Over the last 12 months two-beds sold for AED 1,300,000 to 1,400,000, around AED 1,461 per sqft, and rent for AED 60,000 to 110,000 a year. 1203's AED 55,230 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Feb 20261,400,000
28 Jan 20261,300,000
8 Dec 20251,400,000
29 Jul 20251,400,000
3 2-bed sales in the last 12 months

Jenna Main Square 1

Building

168 apartments, 1-bed to 4-bed over 17 floors in Town Square, completed in 2019 by Nshmi Development. 5 sold in the last 12 months.

Typical price per sqft
AED 1,345
Typical sale
AED 1.3M
Typical rent
AED 74K /yr
Typical yield
6.3%
Jenna Main Square 1, Town Square: prices, sales and rents →

Other units on the 12th floor

All 168 units in Jenna Main Square 1
Value
12012-bedAED 951K · Oct 2019
12022-bedAED 900K · Oct 2019
12042-bedAED 992K · Jan 2019
12052-bedAED 1.23M · Jan 2018
12062-bedAED 946K · Jun 2016
1207AED 785K · Apr 2022
1204A1-bedAED 664K · Nov 2018
1–7 of 8

1203, Jenna Main Square 1 in numbers

  • Sold twice: first on 7 June 2016 for AED 1,079,888, last on 18 December 2024 for AED 1,300,000 (AED 1,383 per sqft).
  • Rented since July 2020 on 5 Ejari contracts, from AED 42,000 to AED 55,230 a year.
  • At AED 55,230 a year the gross yield on the 2024 price is 4.3%, before a service charge of about AED 14,600 a year (AED 15.52 per sqft).
  • Two-beds in Jenna Main Square 1 sold for AED 1,300,000–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,345 per sqft.

Source: Dubai Land Department. Updated 18 December 2024.

Questions about 1203, Jenna Main Square 1

What did unit 1203 last sell for?

AED 1,300,000 on 18 December 2024: AED 1,383 per sqft for 939 sqft. The unit has 2 registered sales; the first was AED 1,079,888 in June 2016.

What is the rent for unit 1203?

AED 55,230 a year on the contract renewed on 20 August 2024. The previous contract, from August 2024, was AED 53,615; the unit has been rented since July 2020.

How big is unit 1203?

939 sqft (87.2 sqm): a two-bedroom apartment on the 12th floor of a 17-storey tower completed in 2019.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Jenna Main Square 1 sold for AED 1,300,000 to 1,400,000 in the last 12 months, around AED 1,461 per sqft.

Selling 1203? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1203, Jenna Main Square 1

Starts from the last sale price (AED 1.3M, 18 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →