Unit 1606, Park View Tower: what it sold for and what it is worth now

Unit 1606 at Park View Tower is a 2 bed of 1,337 sq ft. It last sold for AED 1,525,000 on 28 Aug 2023. At AED 1,293 per sq ft, from 4 sales of units ending 06 (same position in the tower), it is worth about AED 1,729,000 today.

Value todayAED 1,729,000AED 1,701,000 to AED 1,761,000
Last saleAED 1,525,00028 Aug 2023 · Resale
Change since last sale+13.4%Building trend alone: AED 1,666,128
Rent (median asking, 2 bed)AED 120,000Gross yield 6.9%
Bedrooms2 bed
Size1,337 sq ft
Floor16 (from the unit number)
Position in the towerStack 06: units ending 06 share the same layout and view
BuildingPark View Tower by Revi Realty, handed over 2021
Registered sales of this unit2

Every registered sale of unit 1606

DatePriceSizeAED/sq ftType
28 Aug 2023AED 1,525,0001,337 sq ft1,141Resale
8 Mar 2022AED 1,145,0001,337 sq ft856Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
60624 Sep 2026AED 600,000474 sq ft1,266Resale
10610 Feb 2026AED 600,000457 sq ft1,313Resale
40618 Sep 2025AED 630,000474 sq ft1,329Resale
11067 Nov 2024AED 1,720,0001,350 sq ft1,274Resale
180616 Aug 2024AED 1,700,0001,337 sq ft1,272Resale
60618 Jan 2023AED 540,000474 sq ft1,139Resale
50619 May 2022AED 445,000474 sq ft939Resale
80614 Mar 2022AED 515,000474 sq ft1,086Resale

Latest 2 bed sales in Park View Tower

UnitDatePriceSizeAED/sq ftType
180518 Dec 2024AED 1,517,7391,355 sq ft1,120Resale
160516 Dec 2024AED 1,765,0001,355 sq ft1,303Resale
11067 Nov 2024AED 1,720,0001,350 sq ft1,274Resale
181022 Oct 2024AED 1,700,0001,346 sq ft1,263Resale
180616 Aug 2024AED 1,700,0001,337 sq ft1,272Resale
110510 Jan 2024AED 1,480,0001,371 sq ft1,080Resale
141022 Sep 2023AED 1,305,0001,346 sq ft970Resale
18106 Sep 2023AED 1,500,0001,346 sq ft1,114Resale

How we worked out the value

We took the 4 resale sales of units ending 06 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,293). We multiplied it by the size of this unit (1,337 sq ft). The range uses the middle half of those sales (AED 1,272 to AED 1,317 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,666,128. Floor, view, condition and upgrades can move the price either way. Sales data to 5 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1606 at Park View Tower worth?

About AED 1,729,000 (range AED 1,701,000 to AED 1,761,000), based on AED 1,293 per sq ft from registered sales up to 5 Oct 2026.

When did unit 1606 last sell?

28 Aug 2023, for AED 1,525,000 (resale). It has 2 registered sales.

What rent can unit 1606 make?

A 2 bed in Park View Tower rents for about AED 120,000 a year (median asking rent). That is a gross yield of 6.9% on the estimate.

Sales alert for Park View TowerAll sales in Park View Tower

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