2-bed · 937 sqftJenna Main Square 1, Town Square · 5th floor · completed 2019

503, Jenna Main Square 1

Sold prices and rental history: sold twice, last in June 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 650K7 June 2021
Current rentAED 66K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Jenna Main Square 1

What is 503 worth today?

Last sold for AED 650,000 in 2021

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1 Nov 2024RentedRenewal
AED 66,000/yr12 months · AED 70 per sqft
1 Nov 2023RentedRenewal
AED 60,000/yr12 months · AED 64 per sqft
1 Nov 2022RentedRenewal
AED 55,000/yr12 months · AED 59 per sqft
1 Nov 2021RentedNew contract
AED 50,000/yr12 months · AED 53 per sqft
7 Jun 2021SoldReady
AED 650,000AED 693 per sqft
22 Dec 2015Sold by developerOff-plan
AED 884,888AED 944 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
2-bed apartment
Size
937 sqft
Floor
5th of 17
Parking
B-322
Developer
Nshmi Development
Completed
2019
Service charge
AED 14,500 /yr
Last sold
AED 650K · June 2021

About 503, Jenna Main Square 1

503 is a two-bedroom apartment of 937 sqft on the 5th floor of Jenna Main Square 1, a 17-storey tower in Town Square completed in 2019 by Nshmi Development. It last sold on 7 June 2021 for AED 650,000, or AED 693 per sqft, 9% below the AED 763 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 66,000 a year: a gross yield of 10.2% on the 2021 price, before the service charge of about AED 14,500 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, December 2015: AED 884,888 (AED 944 per sqft)Sold, June 2021: AED 650,000 (AED 693 per sqft)

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

Rents
Unit 503, each contractTypical two-bed in Jenna Main Square 1
60K80K2020202220242026Typical 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, November 2021: AED 50,000 a yearRenewal, November 2022: AED 55,000 a yearRenewal, November 2023: AED 60,000 a yearRenewal, November 2024: AED 66,000 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 503 sits

All 120 2-beds →

503 last sold in June 2021 at AED 693 per sqft, 9% below what two-beds in Jenna Main Square 1 were fetching at the time (AED 763). 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. 503's AED 66,000 is in the lower half 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 5th floor

All 168 units in Jenna Main Square 1
Value
5012-bedAED 1.3M · Jan 2026
5022-bedAED 885K · Dec 2015
5042-bedAED 1.05M · Oct 2023
5052-bedAED 1.11M · Jan 2017
5062-bedAED 854K · Jan 2016
5072-bedAED 854K · Jan 2016
5082-bedAED 1.11M · Dec 2017
1–7 of 9

503, Jenna Main Square 1 in numbers

  • Sold twice: first on 22 December 2015 for AED 884,888, last on 7 June 2021 for AED 650,000 (AED 693 per sqft).
  • Rented since November 2021 on 4 Ejari contracts, from AED 50,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2021 price is 10.2%, before a service charge of about AED 14,500 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 1 November 2024.

Questions about 503, Jenna Main Square 1

What did unit 503 last sell for?

AED 650,000 on 7 June 2021: AED 693 per sqft for 937 sqft. The unit has 2 registered sales; the first was AED 884,888 in December 2015.

What is the rent for unit 503?

AED 66,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 60,000; the unit has been rented since November 2021.

How big is unit 503?

937 sqft (87.1 sqm): a two-bedroom apartment on the 5th floor of a 17-storey tower completed in 2019.

What is unit 503 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 503, Jenna Main Square 1

Starts from the last sale price (AED 650K, 7 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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