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The Square

A studio in The Square costs a median AED 525,000, rents long-let for AED 45,000/yr (8.65% gross), and returns 12.80% short-let at the assumed 80% occupancy — +0.2 pts vs Jumeirah Village Circle's 8.43% and +1.7 pts vs Dubai's 6.97% — from 52 sales and 169 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · Studio
28 in 12 months
Rental contracts · Studio
93 in 12 months
Buy
525,000AED
AED 1,158/sqft
Long-let
8.65%
AED 45,000/yr
Short-let
12.80%
AED 301/night · 0.71/sqft

Price per sqft: Median of 8 registered sales of ready units in the last 6 months, most recent July 2026.

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

Yield spread
+0.2 pts
vs the Jumeirah Village Circle median for this unit type
Turnover upside
+7.4%
new tenants pay more than sitting ones — 50 renewals
AED/yr/sqft
AED 107
Sales
52
Rental contracts
169
Renewal rent
AED 41,888/yr
12 months
+5.2%
3 years
+33.0%+10.0%/yr
5 years
+81.3%+12.6%/yr

Based on 52 sales and 169 rental contracts in the last 24 months.

The 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 2018 to 2026, 1,032 registered sales in all — the 52 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 525,00012428.65%
+0.2 pts
+5.2%52
1 bedAED 810,0009488.13%
+0.3 pts
+0.3%28

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.

Short-let rates around The Square

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
Studio3010.71AED 67,177AED 45,0001.5×12.80%1+
1 bed500m5080.59AED 110,889AED 65,0001.7×13.69%22+

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, 0.58 AED/night/sqft; latest Aug 2027, 0.53 AED/night/sqft; peak Nov 2026, 0.75 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 The Square itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in The Square between 2018 and 2021 went for a median of AED 956/sqft (AED 410,000). The same building resells today at AED 1,085/sqft (AED 592,500) — an uplift of +44.5%.

Based on 235 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.

39 resales in the last 12 months, against 42 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
7 Aug 20261 bed749AED 740,000988
16 Jul 20261 bed963AED 900,000935
6 Jul 2026Studio337AED 530,0001,571
23 Jun 2026Studio419AED 520,0001,241

4 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
6 Sept 20261 bed768AED 70,00091Renewal
5 Sept 20261 bed861AED 58,00067New
1 Sept 2026Studio337AED 40,000119Renewal
1 Sept 2026Studio575AED 45,00078New
1 Sept 2026Studio618AED 60,00097New
30 Aug 2026Studio328AED 35,000107New
28 Aug 20261 bed736AED 55,20075Renewal
25 Aug 20261 bed768AED 57,00074New
24 Aug 20261 bed749AED 65,00087New
21 Aug 20261 bed749AED 60,00080New
16 Aug 2026Studio421AED 38,00090Renewal
15 Aug 2026Studio327AED 38,000116New
15 Aug 2026Studio327AED 36,000110New
15 Aug 20261 bed958AED 75,00078New
11 Aug 2026Studio488AED 45,00092New
8 Aug 20261 bed749AED 69,00092New
5 Aug 2026Studio421AED 45,000107New
5 Aug 2026Studio337AED 37,500111New
5 Aug 2026Studio337AED 37,500111New
2 Aug 2026Studio394AED 50,000127New
1 Aug 20261 bed963AED 65,00068New
1 Aug 2026Studio619AED 47,00076New
1 Aug 2026Studio394AED 38,00096New
1 Aug 2026Studio395AED 34,00086New
1 Aug 2026Studio402AED 40,000100New
30 Jul 2026Studio488AED 50,000102Renewal
20 Jul 2026Studio491AED 42,00086New
20 Jul 20261 bed832AED 68,00082Renewal
12 Jul 2026Studio488AED 48,00098New
1 Jul 2026Studio389AED 38,00098New
1 Jul 2026Studio389AED 35,00090New
29 Jun 2026Studio488AED 48,00098New
25 Jun 2026Studio488AED 60,000123New
23 Jun 20261 bed963AED 40,00042New
23 Jun 2026Studio414AED 36,00087New
23 Jun 20261 bed807AED 63,00078New
15 Jun 2026Studio395AED 49,350125Renewal
14 Jun 2026Studio389AED 38,00098New
13 Jun 2026Studio327AED 37,000113New
10 Jun 2026Studio619AED 43,00070New
10 Jun 2026Studio488AED 40,10882New
8 Jun 20261 bed876AED 63,00072New
4 Jun 2026Studio337AED 42,000124Renewal
1 Jun 20261 bed861AED 60,00070New
1 Jun 2026Studio419AED 40,00095New
1 Jun 2026Studio402AED 40,000100Renewal
1 Jun 2026Studio415AED 35,95287Renewal
1 Jun 20261 bed861AED 60,00070New
30 May 2026Studio618AED 44,96773New
30 May 2026Studio618AED 55,00089New

50 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
45
Lifts
7
Parking bays
489
Swimming pools
2

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 The Square?
The Square returns 8.65% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 169 rental contracts registered in the last 24 months.
How much does a studio in The Square cost?
The median registered sale price is AED 525,000 (1,242 AED/sqft), from 52 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in The Square selling for right now?
Registered sales of ready units in The Square over the last 6 months have a median of 1,158 AED/sqft, across 8 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 The Square risen or fallen?
Median price per square foot moved +5.2% over the last 12 months against the 12 before it, on 52 registered sales. On a sample this size, read the direction rather than the exact figure.
How does The Square compare with Jumeirah Village Circle?
Its 8.65% gross yield sits +0.2 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.

The Square sale record

Record type
Building-level property market record
Data date
Evidence base
52 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/the-square
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “The Square sale prices and yield.” Jumeirah Village Circle, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-village-circle/the-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.