Unit 506, Park View Tower: what it sold for and what it is worth now

Unit 506 at Park View Tower is a studio of 474 sq ft. It last sold for AED 445,000 on 19 May 2022. At AED 1,293 per sq ft, from 4 sales of units ending 06 (same position in the tower), it is worth about AED 613,000 today.

Value todayAED 613,000AED 603,000 to AED 624,000
Last saleAED 445,00019 May 2022 · Resale
Change since last sale+37.8%Building trend alone: AED 561,892
Rent (median asking, studio)AED 56,000Gross yield 9.1%
Bedroomsstudio
Size474 sq ft
Floor5 (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 506

DatePriceSizeAED/sq ftType
19 May 2022AED 445,000474 sq ft939Resale
7 Feb 2022AED 416,210474 sq ft878Resale

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
160628 Aug 2023AED 1,525,0001,337 sq ft1,141Resale
60618 Jan 2023AED 540,000474 sq ft1,139Resale
80614 Mar 2022AED 515,000474 sq ft1,086Resale

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 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 (474 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 561,892. 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 506 at Park View Tower worth?

About AED 613,000 (range AED 603,000 to AED 624,000), based on AED 1,293 per sq ft from registered sales up to 5 Oct 2026.

When did unit 506 last sell?

19 May 2022, for AED 445,000 (resale). It has 2 registered sales.

What rent can unit 506 make?

A studio in Park View Tower rents for about AED 56,000 a year (median asking rent). That is a gross yield of 9.1% on the estimate.

Sales alert for Park View TowerAll sales in Park View Tower

Unit 505 · Unit 507