Unit 704, The Square Tower: what it sold for and what it is worth now

Unit 704 at The Square Tower is a studio of 394 sq ft. It last sold for AED 416,830 on 16 Jul 2020. At AED 988 per sq ft, from 8 sales of units ending 04 (same position in the tower), it is worth about AED 389,000 today.

Value todayAED 389,000AED 373,000 to AED 447,000
Last saleAED 416,83016 Jul 2020 · Off-plan
Change since last sale-6.7% 
Rent (median asking, studio)AED 45,500Gross yield 11.7%
Bedroomsstudio
Size394 sq ft
Floor7 (from the unit number)
Position in the towerStack 04: units ending 04 share the same layout and view
BuildingThe Square Tower by Tiger Properties, handed over 2020
Registered sales of this unit1

Every registered sale of unit 704

DatePriceSizeAED/sq ftType
16 Jul 2020AED 416,830394 sq ft1,058Off-plan

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
320414 Jan 2026AED 925,000961 sq ft963Resale
40424 Dec 2025AED 550,000394 sq ft1,396Resale
280423 Dec 2025AED 900,000961 sq ft937Resale
31045 Nov 2025AED 912,000961 sq ft949Resale
27044 Sep 2025AED 905,000961 sq ft942Resale
180431 Jul 2025AED 400,000395 sq ft1,013Resale
12046 Feb 2025AED 500,000394 sq ft1,269Resale
180413 Sep 2024AED 430,000395 sq ft1,089Resale

Latest studio sales in The Square Tower

UnitDatePriceSizeAED/sq ftType
20075 Jul 2026AED 530,000337 sq ft1,573Resale
110323 Jun 2026AED 520,000419 sq ft1,241Resale
61112 May 2026AED 505,000488 sq ft1,035Resale
51121 Apr 2026AED 470,000488 sq ft963Resale
23139 Apr 2026AED 660,000619 sq ft1,066Resale
22139 Mar 2026AED 665,000619 sq ft1,074Resale
31034 Mar 2026AED 520,000402 sq ft1,294Resale
120527 Feb 2026AED 520,000394 sq ft1,320Resale

How we worked out the value

We took the 8 resale sales of units ending 04 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 988). We multiplied it by the size of this unit (394 sq ft). The range uses the middle half of those sales (AED 947 to AED 1,134 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 7 Aug 2026, from the Dubai Land Department register.

Questions

What is unit 704 at The Square Tower worth?

About AED 389,000 (range AED 373,000 to AED 447,000), based on AED 988 per sq ft from registered sales up to 7 Aug 2026.

When did unit 704 last sell?

16 Jul 2020, for AED 416,830 (off-plan). It has 1 registered sale.

What rent can unit 704 make?

A studio in The Square Tower rents for about AED 45,500 a year (median asking rent). That is a gross yield of 11.7% on the estimate.

Sales alert for The Square TowerAll sales in The Square Tower

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