2-bed · 945 sqftJenna Main Square 1, Town Square · 5th floor · completed 2019

507, Jenna Main Square 1

Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 6 April 2024
Last soldAED 854K20 January 2016
Current rentAED 65K /yr6 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Jenna Main Square 1

What is 507 worth today?

Last sold for AED 853,888 in 2016

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6 Apr 2024RentedNew contract
AED 65,000/yr12 months · AED 69 per sqft
20 Apr 2023RentedRenewal
AED 54,000/yr12 months · AED 57 per sqft
20 Apr 2022RentedRenewal
AED 45,000/yr12 months · AED 48 per sqft
6 Apr 2020RentedNew contract
AED 55,000/yr12 months · AED 58 per sqft
20 Jan 2016Sold by developerOff-plan
AED 853,888AED 903 per sqft

Source: Dubai Land Department. Updated 6 April 2024.

Key facts

Type
2-bed apartment
Size
945 sqft
Floor
5th of 17
Parking
B-221
Developer
Nshmi Development
Completed
2019
Service charge
AED 14,700 /yr
Last sold
AED 854K · January 2016

About 507, Jenna Main Square 1

507 is a two-bedroom apartment of 945 sqft on the 5th floor of Jenna Main Square 1, a 17-storey tower in Town Square completed in 2019 by Nshmi Development. The developer sold it on 20 January 2016 for AED 853,888, or AED 903 per sqft, in line with the AED 908 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 6 April 2024, is AED 65,000 a year: a gross yield of 7.6% on the 2016 price, before the service charge of about AED 14,700 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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, January 2016: AED 853,888 (AED 903 per sqft)

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

Rents
Unit 507, 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, April 2020: AED 55,000 a yearRenewal, April 2022: AED 45,000 a yearRenewal, April 2023: AED 54,000 a yearNew contract, April 2024: AED 65,000 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 507 sits

All 120 2-beds →

507 last sold in January 2016 at AED 903 per sqft, in line with what two-beds in Jenna Main Square 1 were fetching at the time (AED 908). 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. 507's AED 65,000 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
5032-bedAED 650K · Jun 2021
5042-bedAED 1.05M · Oct 2023
5052-bedAED 1.11M · Jan 2017
5062-bedAED 854K · Jan 2016
5082-bedAED 1.11M · Dec 2017
1–7 of 9

507, Jenna Main Square 1 in numbers

  • Sold once: by Nshmi Development on 20 January 2016 for AED 853,888, or AED 903 per sqft.
  • Rented since April 2020 on 4 Ejari contracts. The rent fell from AED 55,000 to AED 45,000 in 2022 and recovered to AED 65,000 by April 2024.
  • At AED 65,000 a year the gross yield on the 2016 price is 7.6%, 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 6 April 2024.

Questions about 507, Jenna Main Square 1

What did unit 507 last sell for?

AED 853,888 on 20 January 2016, sold by the developer: AED 903 per sqft for 945 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 65,000 a year on the contract signed on 6 April 2024. The previous contract, from April 2023, was AED 54,000; the unit has been rented since April 2020.

How big is unit 507?

945 sqft (87.8 sqm): a two-bedroom apartment on the 5th floor of a 17-storey tower completed in 2019.

What is unit 507 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 507, Jenna Main Square 1

Starts from the last sale price (AED 854K, 20 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 853,888
Deposit, UAE resident (20%)
AED 170,778
Deposit, non-resident (40%)
AED 341,555
Monthly over 25 years at 3.7%
AED 3,494

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