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Ejari leases to 12 Oct 2026

Park Square rents

  • 7 new leases and 30 renewals in 12 months
  • 48 units
  • Jumeirah Village Circle
  • near Nakheel Metro Station

A two-bed here leases for about AED 90,000 a year, 14% below the typical Jumeirah Village Circle two-bed. New tenants pay more than renewing ones, who pay AED 80,000.

2 bed · typical new lease

90,000AEDa year

AED 59/sqft · +1.7% on a year

A month, roughly
AED 7,500
Renewal
AED 80,000
vs Jumeirah Village Circle 2 bed
14% below the median
New leases, 12 months
5

What should a lease in Park Square cost?A two-bed leases for about AED 90,000 a year; new tenants pay 12.5% more than renewing ones

TypeNew leaseRenewalvs Jumeirah Village CircleLeases
1 bed62,50063/sqft—11% lesstypical 70,0002
2 bedmost leased90,00059/sqft80,00018 renewals14% lesstypical 105,0005

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Jumeirah Village Circle median for the type.

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Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A two-bed here now costs 1.7% more than a year earlier: AED 90,000 against 88,500.

Median annual rent, 2 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, 2 bed: Oct 2017, AED 106,000; latest, Sep 2026, AED 90,000; peak, Oct 2017, AED 106,000.

StartTypeSqftAnnual rentAED/sqftContract
1 Oct 20261 bed1,001AED 60,00060New
27 Sept 20262 bed1,531AED 88,00057Renewal
15 Sept 20262 bed1,533AED 85,00055Renewal
10 Sept 20262 bed1,531AED 90,00059New
1 Sept 20262 bed1,532AED 90,00059New
6 Aug 20261 bed1,186AED 53,50045Renewal
1 Aug 20262 bed1,532AED 90,00059Renewal
22 Jul 20262 bed1,719AED 90,00052New
20 Jul 20262 bed1,606AED 78,00049Renewal
10 Jul 20262 bed1,643AED 75,50046Renewal

37 contracts starting on or after 12 Oct 2025.

About Park SquareA 6-floor tower in Jumeirah Village Circle, a 16-minute drive from Dubai Marina

Park Square is an apartment building completed in 2016 in Jumeirah Village Circle with 48 registered units. 37 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Floors
6

Drive times · typical

Downtown
22 min · 22 km
DXB Airport
23 min · 31 km
DIFC
19 min · 25 km
Dubai Marina
16 min · 14 km
Palm Jumeirah
22 min · 18 km

Nearest, as registered

Metro
Nakheel Metro Station
Mall
Marina Mall
Landmark
Sports City Swimming Academy

Letting a unit in Park Square?77% of units here signed a yearly lease in 12 months, above the Jumeirah Village Circle median; new tenants pay more than renewing ones

Units on a yearly lease
77%Strength
Jumeirah Village Circle median 38%; top tenth from 64%
New tenant vs renewal
+15.4%
New leases AED 90,000, renewals 78,000, all types

Ejari leases to 12 Oct 2026

Comparables in Jumeirah Village Circle

Every Jumeirah Village Circle building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Park Square places 206th of 206; the nearest 4 are shown.

RankBuildingMedian rentAED/yr/sqft12-month changeContracts
202One Sky Park by ImanAED 125,00064+9.5%—3
203SPICA ResidentialAED 64,75064+8.2%+5.3%32
204–205TUSCAN RESIDENCES1 -Siena 1, RESIDENCES1- Siena 2one project rent, 2 towersAED 54,27163+7.7%-1.3%41
206Park Square · this buildingAED 90,00059+7.1%7

Rank 1 is the dearest per square foot. Differences are against Park Square.

At 2 bed, Park Square ranks 117th of 133 by rent per square foot in Jumeirah Village Circle.

Market context in Jumeirah Village Circle

Registered sales activity

4,341 ready apartment sales in the 12 months to 2026-10-12.

+4.3% in median AED/sqft versus the preceding year, supported by 4,341 current and 5,371 prior price observations.

Explore sales activity

Planned apartment projects

7,847 known registered units across 37 pending projects planned within one year of the 2026-07-06 register.

29 projects had already passed their planned date; 16 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

15,281 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 54% of the 28,561 homes let there today.

Ready prices per sqft fell in 50% of 195 buildings (counted once per bedroom type) in Jumeirah Village Circle with sales in both years; the typical one moved −0.2%.

The pooled median moved +4.3%: 4.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 66% of 226 buildings (counted once per bedroom type) with leases in both years; the typical one moved −3.5%.

How these are counted
Find service-charge budget evidence for Park Square

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

Nearby in Jumeirah Village Circle

Prices per sq ft around Park Square, on the map
Pills show median annual rent, AED. 199 buildings pinned from Google place records and Apple geocoding · Park Square is the inverted pinOpen in Apple Maps

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Common questions

What is the registered annual rent for a 2 bedroom in Park Square?
The median new annual rent is AED 90,000, from 5 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in Park Square risen or fallen?
The median new annual rent changed +1.7% in the trailing 12 months against the previous 12, using 5 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
Do new tenants in Park Square pay more than sitting ones?
A new tenant pays +12.5% against a renewing one, across 18 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
Which metro station is closest to Park Square?
Nakheel Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Marina Mall.
What is the rental yield in Park Square?
No gross yield is published for Park Square as of 2026-10-12: fewer than 3 sales were registered in the last 12 months. In the last 12 months it had 0 registered sales and 5 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Jumeirah Village Circle median is 7.2% gross.

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Park Square rental record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
7 registered rental contracts in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/rent/apartments/dubai/jumeirah-village-circle/park-square
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Park Square rents and yield.” Jumeirah Village Circle, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/jumeirah-village-circle/park-square

Stable dataJSON