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Park Square

Apartments for rent · Jumeirah Village Circle, Dubai · near Nakheel Metro Station

Registered data
Sales · All
0 in 12 months
Rental contracts · All
7 in 12 months
Long-let
88,000AED
AED 57/sqft · 7.75%

Priced off the last 5 sales — most recent August 2017.

Yield spread
-0.1 pts
vs the Jumeirah Village Circle median for this unit type
Turnover upside
+15.6%
new tenants pay more than sitting ones — 64 renewals
AED/yr/sqft
AED 57
Sales
0
Rental contracts
17
Renewal rent
AED 76,115/yr
12 months
+5.9%
3 years
+18.8%+5.9%/yr

Based on 0 sales and 17 rental contracts in the last 24 months. Thin sample — treat these figures as indicative.

Park Square is an apartment building in Jumeirah Village Circle, Dubai. The closest metro station is Nakheel Metro Station, the nearest mall Marina Mall and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2017 to 2017, 96 registered sales in all — the 0 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts

Deltas compare each yield with the Jumeirah Village Circle median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

Sales

Nothing registered in the last 3 months. Try a wider window.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
1 Sept 20262 bed1,532AED 90,00059New
1 Aug 20262 bed1,532AED 90,00059Renewal
22 Jul 20262 bed1,719AED 90,00052New
10 Jul 20262 bed1,643AED 75,50046Renewal

4 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
6
Flats
48

Nearby

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

Compare with nearby buildings

The most-traded buildings in Jumeirah Village Circle, on the same figures over the same window.

Common questions

What is the rental yield in Park Square?
Park Square returns 7.75% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 17 rental contracts registered in the last 24 months.
How does Park Square compare with Jumeirah Village Circle?
Its 7.75% gross yield sits -0.1 pts against the Jumeirah Village Circle median of 7.89%, computed at the same bedroom grain over the same 24-month window.
Do new tenants in Park Square pay more than sitting ones?
A new tenant pays +15.6% against a renewing one, across 64 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.
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.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Park Square rental record

Record type
Building-level property market record
Data date
Evidence base
17 registered rental contracts in the trailing 24 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 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/jumeirah-village-circle/park-square.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.