Unit 505, Park View Tower: what it sold for and what it is worth now

Unit 505 at Park View Tower is a studio of 474 sq ft. It last sold for AED 650,000 on 25 Apr 2025. At AED 1,308 per sq ft, from 5 sales of units ending 05 (same position in the tower), it is worth about AED 620,000 today.

Value todayAED 620,000AED 617,000 to AED 650,000
Last saleAED 650,00025 Apr 2025 · Resale
Change since last sale-4.6%Building trend alone: AED 594,178
Rent (median asking, studio)AED 56,000Gross yield 9.0%
Bedroomsstudio
Size474 sq ft
Floor5 (from the unit number)
Position in the towerStack 05: units ending 05 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 505

DatePriceSizeAED/sq ftType
25 Apr 2025AED 650,000474 sq ft1,371Resale
17 Nov 2020AED 296,178474 sq ft625Off-plan

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
40518 Sep 2025AED 620,000474 sq ft1,308Resale
70516 Jan 2025AED 660,000474 sq ft1,392Resale
180518 Dec 2024AED 1,517,7391,355 sq ft1,120Resale
160516 Dec 2024AED 1,765,0001,355 sq ft1,303Resale
6056 Aug 2024AED 660,000474 sq ft1,392Resale
110510 Jan 2024AED 1,480,0001,371 sq ft1,080Resale
150526 Apr 2023AED 1,250,0001,355 sq ft923Resale
8056 Sep 2022AED 577,641474 sq ft1,219Resale

Latest studio sales in Park View Tower

UnitDatePriceSizeAED/sq ftType
60624 Sep 2026AED 600,000474 sq ft1,266Resale
10831 Aug 2026AED 670,000596 sq ft1,124Resale
40411 Jun 2026AED 545,000472 sq ft1,155Resale
51527 Apr 2026AED 660,000474 sq ft1,392Resale
91813 Mar 2026AED 640,000465 sq ft1,376Resale
90710 Feb 2026AED 685,000472 sq ft1,451Resale
10610 Feb 2026AED 600,000457 sq ft1,313Resale
42021 Nov 2025AED 650,000420 sq ft1,548Resale

How we worked out the value

We took the 5 resale sales of units ending 05 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,308). We multiplied it by the size of this unit (474 sq ft). The range uses the middle half of those sales (AED 1,303 to AED 1,371 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 594,178. 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 505 at Park View Tower worth?

About AED 620,000 (range AED 617,000 to AED 650,000), based on AED 1,308 per sq ft from registered sales up to 5 Oct 2026.

When did unit 505 last sell?

25 Apr 2025, for AED 650,000 (resale). It has 2 registered sales.

What rent can unit 505 make?

A studio in Park View Tower rents for about AED 56,000 a year (median asking rent). That is a gross yield of 9.0% on the estimate.

Sales alert for Park View TowerAll sales in Park View Tower

Unit 504 · Unit 506