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Park View Tower

A studio in Park View Tower costs a median AED 640,000, rents long-let for AED 54,000/yr (9.00% gross), and returns 17.20% short-let at the assumed 80% occupancy — +0.6 pts vs Jumeirah Village Circle's 8.43% and +2.0 pts vs Dubai's 6.97% — from 39 sales and 123 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · Studio
15 in 12 months
Rental contracts · Studio
58 in 12 months
Buy
640,000AED
AED 1,364/sqft
Long-let
9.00%
AED 54,000/yr
Short-let
17.20%
AED 478/night · 1.02/sqft

Price per sqft: Median of 15 registered sales of ready units in the last 12 months, most recent July 2026.

Priced off the last 5 sales — most recent July 2026.

Yield spread
+0.6 pts
vs the Jumeirah Village Circle median for this unit type
Turnover upside
+3.4%
new tenants pay more than sitting ones — 36 renewals
AED/yr/sqft
AED 115
Sales
39
Rental contracts
123
Renewal rent
AED 52,250/yr
12 months
-0.4%
3 years
+13.5%+4.3%/yr
5 years
+82.1%+12.7%/yr

Based on 39 sales and 123 rental contracts in the last 24 months.

Park View Tower 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 2026, 770 registered sales in all — the 39 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 640,00013699.00%
+0.6 pts
-0.4%39
1 bedAED 1.05M11358.12%
+0.3 pts
-8.4%19
2 bedAED 1.71M12687.35%
+0.0 pts
4

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.
  • 2 bed: Priced off the last 5 sales — most recent December 2024.

Short-let rates around Park View Tower

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
Studio500m4781.02AED 110,101AED 54,0002.0×17.20%9+
1 bed500m4910.53AED 105,629AED 84,0001.3×10.06%41+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.37 AED/night/sqft; latest Sep 2027, 0.43 AED/night/sqft; peak Jan 2027, 0.85 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Park View Tower itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Park View Tower between 2017 and 2021 went for a median of AED 749/sqft (AED 570,094). The same building resells today at AED 1,311/sqft (AED 660,000) — an uplift of +15.8%.

Based on 114 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

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

20 resales in the last 12 months, against 31 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
27 Jul 2026Studio475AED 141,595298 *
12 Jun 2026Studio472AED 545,0001,155

2 resales in the last 3 months.

* Far from the median for this bedroom type and window. Often a related-party transfer rather than a market sale — the Land Department files both identically.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
10 Sept 2026Studio474AED 54,000114Renewal
1 Sept 20262 bed1,350AED 95,00070New
1 Sept 2026Studio458AED 45,00098New
23 Aug 20261 bed1,016AED 73,00072New
20 Aug 20262 bed1,350AED 105,00078New
18 Aug 2026Studio467AED 55,000118New
10 Aug 20261 bed898AED 71,00079Renewal
10 Aug 2026Studio465AED 45,00097New
3 Aug 20261 bed900AED 70,00078New
1 Aug 20261 bed989AED 78,00079New
1 Aug 2026Studio465AED 43,00093New
1 Aug 2026Studio599AED 48,00080New
1 Aug 20261 bed996AED 80,00080New
30 Jul 2026Studio474AED 48,000101New
28 Jul 2026Studio465AED 45,00097New
26 Jul 20261 bed902AED 75,00083New
20 Jul 2026Studio473AED 45,00095New
15 Jul 20262 bed1,337AED 120,00090New
12 Jul 2026Studio474AED 55,000116Renewal
10 Jul 20261 bed996AED 75,00075New
9 Jul 2026Studio465AED 47,250102Renewal
8 Jul 2026Studio427AED 44,000103New
6 Jul 20261 bed900AED 83,00092Renewal
19 Jun 20261 bed898AED 68,00076New
18 Jun 2026Studio475AED 45,00095New
15 Jun 2026Studio469AED 46,15498New
12 Jun 20261 bed912AED 77,00084New
10 Jun 2026Studio474AED 45,00095New
6 Jun 2026Studio472AED 57,198121New
1 Jun 2026Studio427AED 40,00094New
1 Jun 2026Studio474AED 54,000114New
31 May 2026Studio474AED 40,00084New

32 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
25
Lifts
4
Parking bays
329
Swimming pools
1

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 View Tower?
Park View Tower returns 9.00% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 123 rental contracts registered in the last 24 months.
How much does a studio in Park View Tower cost?
The median registered sale price is AED 640,000 (1,369 AED/sqft), from 39 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Park View Tower selling for right now?
Registered sales of ready units in Park View Tower over the last 12 months have a median of 1,364 AED/sqft, across 15 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Park View Tower risen or fallen?
Median price per square foot moved -0.4% over the last 12 months against the 12 before it, on 39 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Park View Tower compare with Jumeirah Village Circle?
Its 9.00% gross yield sits +0.6 pts against the Jumeirah Village Circle median of 8.43%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

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 View Tower sale record

Record type
Building-level property market record
Data date
Evidence base
39 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/sale/apartments/dubai/jumeirah-village-circle/park-view-tower
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Park View Tower sale prices and yield.” Jumeirah Village Circle, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-village-circle/park-view-tower.

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.