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
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.
Ask an agent about this rent →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.
Chart data, 2 bed: Oct 2017, AED 106,000; latest, Sep 2026, AED 90,000; peak, Oct 2017, AED 106,000.
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.
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.
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 activityPlanned 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 supplySupply 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 countedDirect 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 mapPrices per sq ft around Park Square, on the map
Luma Park Views
Jumeirah Village Circle · 390 contracts, 12 months
85,000
AED a year median · 97/sqft
Bloom Towers C
Jumeirah Village Circle · 376 contracts, 12 months
60,000
AED a year median · 111/sqft
Bloom Towers B
Jumeirah Village Circle · 376 contracts, 12 months
60,000
AED a year median · 111/sqft
Bloom Towers A
Jumeirah Village Circle · 376 contracts, 12 months
60,000
AED a year median · 111/sqft
Ask about Park Square
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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.
For agents
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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
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