Unit 518, Park View Tower: what it sold for and what it is worth now

Unit 518 at Park View Tower is a studio of 465 sq ft. It last sold for AED 600,000 on 28 Sep 2023. At AED 1,376 per sq ft, from 9 sales in the building in the last 12 months (studio), it is worth about AED 640,000 today.

Value todayAED 640,000AED 589,000 to AED 660,000
Last saleAED 600,00028 Sep 2023 · Resale
Change since last sale+6.7%Building trend alone: AED 647,909
Rent (median asking, studio)AED 56,000Gross yield 8.8%
Bedroomsstudio
Size465 sq ft
Floor5 (from the unit number)
Position in the towerStack 18: units ending 18 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 518

DatePriceSizeAED/sq ftType
28 Sep 2023AED 600,000465 sq ft1,290Resale
2 Jun 2022AED 540,000465 sq ft1,161Resale

Units ending 18 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
91813 Mar 2026AED 640,000465 sq ft1,376Resale
41810 Nov 2025AED 660,000465 sq ft1,419Resale
4181 Mar 2024AED 585,000465 sq ft1,258Resale
10184 May 2023AED 650,000465 sq ft1,398Resale
4188 Aug 2022AED 500,000465 sq ft1,075Resale
10184 Jul 2022AED 530,000465 sq ft1,140Resale
7182 Jun 2022AED 496,800465 sq ft1,068Resale
81817 May 2022AED 560,000465 sq ft1,204Resale

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 9 sales in Park View Tower in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,376). We multiplied it by the size of this unit (465 sq ft). The range uses the middle half of those sales (AED 1,266 to AED 1,419 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 647,909. 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 518 at Park View Tower worth?

About AED 640,000 (range AED 589,000 to AED 660,000), based on AED 1,376 per sq ft from registered sales up to 5 Oct 2026.

When did unit 518 last sell?

28 Sep 2023, for AED 600,000 (resale). It has 2 registered sales.

What rent can unit 518 make?

A studio in Park View Tower rents for about AED 56,000 a year (median asking rent). That is a gross yield of 8.8% on the estimate.

Sales alert for Park View TowerAll sales in Park View Tower

Unit 517 · Unit 519