New homes in Red Square Tower start at AED 495,000; keys are due Dec 2026; you pay 20% to book, 60% while it is built and 20% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 40 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in RED SQUARE. Their median price is AED 1,848 per sq ft (about AED 554,000 at 300 sq ft). This project's from price is AED 1,650 per sq ft (AED 495,000 for its smallest home, 300 sq ft), 11% less.
Keys
Dec 2026
The developer's handover date
Payment plan
20 / 60 / 20
20% to book, 60% while it is built, 20% at the keys
Bedrooms
Studio to 2 beds
Sizes
300 to 922 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 1,650 per sq ft
Similar off-plan homes: AED 1,848 per sq ft
RERA project
2789
Check it in Dubai REST, the Dubai Land Department's official app.
Built
9%
Being built. DLD register, Jun 12, 2026
Escrow account
بنك أبوظبي الأول ش.م.ع.
The bank that holds your payments
Registered homes
835
In 2 buildings
Paying for it
You pay 20% when you book, 60% as the building goes up, and 20% when you get the keys.
AED
When
Stage
Share
Amount
When you book
Booking
20%
AED 99,000
As it is built
While it is built
60%
AED 297,000
At the keys (Dec 2026)
Keys
20%
AED 99,000
Booking payment, 20%
AED 99,000
Dubai Land Department fee (Oqood), 4%
AED 19,800
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 118,800
The handover date (Dec 2026) is too close or already past to estimate the dates. Ask us for the developer's current schedule.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Check the developer's record.
The Dubai Land Department project register lists 12 finished projects by this developer since 2008. 12 of the 12 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. Ask Tiger Properties for the estimate.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 40 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in RED SQUARE, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Dubai Land Department recorded 40 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in RED SQUARE, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,848 per sq ft
AED 1,633 to AED 1,684 per sq ft
4 sales
This project's from price is in this band.
AED 1,684 to AED 1,735 per sq ft
2 sales
AED 1,735 to AED 1,786 per sq ft
4 sales
AED 1,786 to AED 1,837 per sq ft
8 sales
AED 1,837 to AED 1,888 per sq ft
5 sales
AED 1,888 to AED 1,939 per sq ft
9 sales
AED 1,939 to AED 1,990 per sq ft
4 sales
AED 1,990 to AED 2,041 per sq ft
4 sales
AED 1,633 per sq ftAED 2,041 per sq ft
This project AED 1,650 per sq ft
Half of the sales sold for AED 1,792 to AED 1,924 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,633 to AED 1,684 per sq ft
4
AED 1,684 to AED 1,735 per sq ft
2
AED 1,735 to AED 1,786 per sq ft
4
AED 1,786 to AED 1,837 per sq ft
8
AED 1,837 to AED 1,888 per sq ft
5
AED 1,888 to AED 1,939 per sq ft
9
AED 1,939 to AED 1,990 per sq ft
4
AED 1,990 to AED 2,041 per sq ft
4
The 3 closest sales
Picked from the 40 similar sales above, closest in size to this project's smallest home.
Apr 2026AED 551,000AED 1,820 per sq ftRed Square -B, 303 sq ft
Dec 2025AED 524,824AED 1,734 per sq ftRed Square -A, 303 sq ft
Nov 2025AED 581,800AED 1,922 per sq ftRed Square -B, 303 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Jumeirah Village Triangle in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 495,000 here
Off-plan medianAED 785,000AED 1,953 per sq ft
Sales1,337
11% below 40 similar sales
1-bed apartment
Off-plan medianAED 1,259,000AED 1,633 per sq ft
Sales1,896
2-bed apartment
Off-plan medianAED 1,781,000AED 1,395 per sq ft
Sales525
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
9.9%
Typical for similar ready homes
8.6%
Median rent of studio apartments in Jumeirah Village Triangle
AED 49,000 a year
Rent contracts counted
734
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 49,000 a year
1-bed apartment
AED 75,000 a year
2-bed apartment
AED 90,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 49,000 ÷ AED 495,000 = 9.9%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Jumeirah Golf Estates Metro Station4.2 km, 17 min driveMetro station
Dubai British School Emirates Hills2.2 km, 7 min driveSchool
Victory Heights Primary School3.5 km, 11 min driveBritish school
Dubai International Academy3.6 km, 12 min driveIB school
JSS International School4 km, 14 min driveIndian school
Red Square Tower is a Tiger Properties development in Jumeirah Village Triangle, with studios to 2-bedroom apartments from AED 495,000 and handover listed for December 2026. The price check puts the from price per square foot 11% below 40 similar studio sales in the project over the 12 months to October 2026.
Over the 12 months to October 2026, the Dubai Land Department recorded 40 studio off-plan sales in Red Square Tower. The from price per square foot is 11% below their median. Confirm which unit the from price applies to.
Handover is listed for December 2026, next month at the time of writing. Ask Tiger Properties whether the building has its completion certificate and when units will be handed over in practice. The listing has no floor plans, so ask for the plan of the exact unit and visit if you can.
The plan is 20% on booking, 60% during construction and 20% at handover. At the from price that is AED 99,000, AED 297,000 and AED 99,000. With handover so close, ask which of the construction payments have fallen due. The 4% DLD fee comes to AED 19,800.
Homes range from studios to two bedrooms, about 300 to 922 sq ft. The developer describes the project as twin towers with furnished homes; ask what furniture is included and get it in the sale agreement. The listing names no shared facilities, so ask what the building offers. By our map, Mediclinic Meaisem is about 1.1 km away, Dubai British School Emirates Hills about 2.2 km and Jumeirah Golf Estates about 3 km. Jumeirah Golf Estates Metro Station is about 4.2 km away, around 17 minutes by car by our estimate, and JBR beach about 14 minutes.
Median price of studio apartments in Jumeirah Village Triangle, over the 12 months to each dateUp 24% from Dec 2024 to Sep 2026.
Dec 2024AED 1,578 per sq ft
Sep 2026AED 1,953 per sq ft
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12 months to
Median price
Sales
Sep 2026
AED 1,953 per sq ft
1,337 sales
Jun 2026
AED 1,909 per sq ft
1,548 sales
Mar 2026
AED 1,843 per sq ft
1,620 sales
Dec 2025
AED 1,819 per sq ft
1,511 sales
Sep 2025
AED 1,666 per sq ft
1,130 sales
Jun 2025
AED 1,590 per sq ft
994 sales
Mar 2025
AED 1,581 per sq ft
881 sales
Dec 2024
AED 1,578 per sq ft
875 sales
Off-plan sales registered with the Dubai Land Department.
Questions about this project
Which developer is behind Red Square Tower?
Tiger Properties. The project is in Jumeirah Village Triangle and is freehold.
How does the price compare with recent sales?
The from price per square foot is 11% below 40 similar studio off-plan sales in this project over the 12 months to October 2026.
When is handover?
Handover is listed for December 2026. Ask the developer for the completion certificate and the handover date before you pay.
What does each payment come to?
20% on booking, 60% during construction and 20% at handover: AED 99,000, AED 297,000 and AED 99,000 at the from price. Separately, the 4% DLD fee comes to AED 19,800; ask when it is due.
Are the apartments furnished?
The developer says they are. Ask for a list of what is included and make sure it is in the sale agreement.
