Unit 508, Park View Tower: what it sold for and what it is worth now

Unit 508 at Park View Tower is a studio of 467 sq ft. It last sold for AED 650,000 on 29 Oct 2024. At AED 1,206 per sq ft, from 5 sales of units ending 08 (same position in the tower), it is worth about AED 563,000 today.

Value todayAED 563,000AED 530,000 to AED 620,000
Last saleAED 650,00029 Oct 2024 · Resale
Change since last sale-13.4%Building trend alone: AED 621,160
Rent (median asking, studio)AED 56,000Gross yield 9.9%
Bedroomsstudio
Size467 sq ft
Floor5 (from the unit number)
Position in the towerStack 08: units ending 08 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 508

DatePriceSizeAED/sq ftType
29 Oct 2024AED 650,000467 sq ft1,392Resale
17 Nov 2020AED 301,152467 sq ft645Off-plan

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10831 Aug 2026AED 670,000596 sq ft1,124Resale
12085 Feb 2026AED 1,035,000912 sq ft1,135Resale
60818 Sep 2025AED 620,000467 sq ft1,328Resale
11083 Jul 2025AED 1,100,000912 sq ft1,206Resale
100827 Sep 2024AED 665,000467 sq ft1,424Resale
10824 May 2024AED 690,000596 sq ft1,158Resale
110826 Mar 2024AED 930,000912 sq ft1,020Resale
120815 Dec 2023AED 920,000912 sq ft1,009Resale

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 08 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,206). We multiplied it by the size of this unit (467 sq ft). The range uses the middle half of those sales (AED 1,135 to AED 1,328 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 621,160. 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 508 at Park View Tower worth?

About AED 563,000 (range AED 530,000 to AED 620,000), based on AED 1,206 per sq ft from registered sales up to 5 Oct 2026.

When did unit 508 last sell?

29 Oct 2024, for AED 650,000 (resale). It has 2 registered sales.

What rent can unit 508 make?

A studio in Park View Tower rents for about AED 56,000 a year (median asking rent). That is a gross yield of 9.9% on the estimate.

Sales alert for Park View TowerAll sales in Park View Tower

Unit 507 · Unit 509