2-bed · 945 sqftJenna Main Square 1, Town Square · 3rd floor · completed 2019

308, Jenna Main Square 1

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

Unit 308 · DLD and Ejari recordsUpdated 18 November 2020
Last soldAED 600K18 November 2020
Current rentAED 38K /yr18 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Jenna Main Square 1

What is 308 worth today?

Last sold for AED 600,000 in 2020

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18 Nov 2020SoldReady
AED 600,000AED 634 per sqft
18 Jun 2020RentedNew contract
AED 38,000/yr12 months · AED 40 per sqft
20 Jan 2016Sold by developerOff-plan
AED 839,888AED 888 per sqft

Source: Dubai Land Department. Updated 18 November 2020.

Key facts

Type
2-bed apartment
Size
945 sqft
Floor
3rd of 17
Parking
B-209
Developer
Nshmi Development
Completed
2019
Service charge
AED 14,700 /yr
Last sold
AED 600K · November 2020

About 308, Jenna Main Square 1

308 is a two-bedroom apartment of 945 sqft on the 3rd floor of Jenna Main Square 1, a 17-storey tower in Town Square completed in 2019 by Nshmi Development. It last sold on 18 November 2020 for AED 600,000, or AED 634 per sqft, 17% below the AED 762 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 June 2020. The current contract, signed on 18 June 2020, is AED 38,000 a year: a gross yield of 6.3% on the 2020 price, before the service charge of about AED 14,700 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in Jenna Main Square 1
500K1M2015201820212024Typical 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, January 2016: AED 839,888 (AED 888 per sqft)Sold, November 2020: AED 600,000 (AED 634 per sqft)

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

Rents
Unit 308, each contractTypical two-bed in Jenna Main Square 1
50K75K2020202220242026Typical 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, June 2020: AED 38,000 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 308 sits

All 120 2-beds →

308 last sold in November 2020 at AED 634 per sqft, 17% below what two-beds in Jenna Main Square 1 were fetching at the time (AED 762). 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. 308's AED 38,000 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 3rd floor

All 168 units in Jenna Main Square 1
Value
3012-bedAED 1.08M · Aug 2018
3021-bedAED 621K · Aug 2020
3031-bedAED 700K · Mar 2025
3041-bedAED 653K · Jan 2016
3052-bedAED 1.25M · Feb 2024
3062-bedAED 1.09M · Nov 2016
3072-bedAED 840K · Dec 2015
1–7 of 10

308, Jenna Main Square 1 in numbers

  • Sold twice: first on 20 January 2016 for AED 839,888, last on 18 November 2020 for AED 600,000 (AED 634 per sqft).
  • Rented since June 2020 on one Ejari contract, at AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2020 price is 6.3%, before a service charge of about AED 14,700 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 November 2020.

Questions about 308, Jenna Main Square 1

What did unit 308 last sell for?

AED 600,000 on 18 November 2020: AED 634 per sqft for 945 sqft. The unit has 2 registered sales; the first was AED 839,888 in January 2016.

What is the rent for unit 308?

AED 38,000 a year on the contract signed on 18 June 2020.

How big is unit 308?

945 sqft (87.8 sqm): a two-bedroom apartment on the 3rd floor of a 17-storey tower completed in 2019.

What is unit 308 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.

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Mortgage on 308, Jenna Main Square 1

Starts from the last sale price (AED 600K, 18 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →