Market bulletin · Thu, 22 Oct 2026
Park View Tower: 1 sales worth AED 600K in 30 days
Park View Tower recorded 1 sale worth AED 600K in the 30 days to Thu, 22 Oct 2026, flat on the previous 30 days. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: off-plan resales 8.3%, secondary (ready) sales 91.7%.
In Jumeirah Village Circle, Park View Tower ranked #11 of 11 leading projects by 12-month sales value; it is developed by Revi Real Estate Development.
Leases registered in the last three months had a median annual rent of AED 55K. The best gross yield is on Studio apartments at about 8.4%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | AED 1,341 |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | AED 1,275 |
| Dec 24 | — |
| Nov 24 | AED 1,080 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 0 |
| Sept 26 | 0 | 0 | 1 |
| Aug 26 | 0 | 0 | 1 |
| Jul 26 | 0 | 0 | 1 |
| Jun 26 | 0 | 0 | 1 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 2 |
| Mar 26 | 0 | 0 | 1 |
| Feb 26 | 0 | 0 | 1 |
| Jan 26 | 0 | 1 | 1 |
| Dec 25 | 0 | 0 | 0 |
| Nov 25 | 0 | 0 | 2 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 1 | unchanged 0.0% | AED 600K | — | — |
| Last 3 months | 3 | unchanged 0.0% | AED 1.41M | — | — |
| Last 6 months | 6 | unchanged 0.0% | AED 3.62M | 1,139 | down 18.6% |
| Last 12 months | 12 | down 76.0% | AED 8.40M | 1,217 | down 3.3% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan resale | 1 | 8% | — | — | — |
| Secondary (ready) | 11 | 92% | AED 660K | 1,169 | down 7.1% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 9 | 75% | AED 650K | 1,377 | up 1.0% |
| 1 bedroom | 3 | 25% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 12 | 100% | AED 660K | 1,217 | down 3.3% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 55K |
| Sept 26 | AED 54K |
| Aug 26 | — |
| Jul 26 | AED 56K |
| Jun 26 | — |
| May 26 | AED 45K |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | AED 75K |
| Jan 26 | — |
| Dec 25 | AED 63K |
| Nov 25 | AED 60K |
| Oct 25 | AED 60K |
| Sept 25 | AED 55K |
| Aug 25 | — |
| Jul 25 | AED 68K |
| Jun 25 | — |
| May 25 | AED 55K |
| Apr 25 | AED 55K |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | AED 85K |
| Dec 24 | AED 78K |
| Nov 24 | — |
- Leases (12M)
- 160
- New leases
- 65.6%
- Median rent 3M
- AED 55K
- Rent/sqft 3M
- AED 94
| Studio apartments | AED 54K / AED 645K | 8.4% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 75 | AED 54K | AED 55K | 115 |
| 1 BR | 41 | AED 82K | AED 78K | 84 |
| 2 BR | 10 | AED 112K | — | 82 |
Competing projects in Jumeirah Village Circle
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Binghatti AmberhallBinghatti | 406 | 1,695 | — |
| Serenz Tower ADanube Properties | 332 | 2,316 | up 5.6% |
| Luma Park ViewsTownX Real Estate Development | 227 | 1,472 | up 1.7% |
| Binghatti RubyBinghatti | 165 | 1,649 | — |
| The WeaveThe Weave Real Estate Development | 168 | 1,765 | — |
| Binghatti Royale JVCBinghatti | 111 | 2,396 | — |
| Binghatti ApexBinghatti | 202 | 1,422 | down 3.4% |
| 311 BoulevardBam Eskan Real Estate Development | 134 | 1,365 | — |
| Pearl House 4Imtiaz Real Estate Investment And Development | 138 | 1,455 | — |
| Binghatti CircleBinghatti | 151 | 1,725 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 670K | Studio Apartment · 596 sqftPark View Tower · Jumeirah Village Circle | 31 Aug |
| AED 600K | Studio Apartment · 474 sqftPark View Tower · Jumeirah Village Circle | 24 Sept |
| AED 142K | Studio Apartment · 475 sqftPark View Tower · Jumeirah Village Circle | 27 Jul |
Questions about Park View Tower
How many properties were sold in Park View Tower in the last year?
12 sales worth AED 8.40M were registered in the last 12 months: 0% developer off-plan, 8% off-plan resales and 92% secondary (ready) sales.
What is the average rent in Park View Tower?
The median annual rent on leases registered in the last three months was AED 55K, and the best gross rental yield is about 8.4%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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