1001, Park Central
Sold prices and rental history: sold 4 times, last in July 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Park Central
What is 1001 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 13 July 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,296 sqft
- Floor
- 10th of 16
- Parking
- B1-31, B1-32
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 24,300 /yr
- Last sold
- AED 1.15M · July 2023
- Building
- Park Central
About 1001, Park Central
1001 is a two-bedroom apartment of 1,296 sqft on the 10th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 13 July 2023 for AED 1,150,000, or AED 887 per sqft, 4% above the AED 857 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 7 June 2021, is AED 50,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 24,300 a year.
Sales and rents for 1001 over time
1001 has sold 4 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Park Central, and where 1001 sits
All 39 2-beds →1001 last sold in July 2023 at AED 887 per sqft, 4% above what two-beds in Park Central were fetching at the time (AED 857). Over the last 12 months two-beds sold for AED 1,073,183 to 1,555,000, around AED 1,165 per sqft, and rent for AED 80,000 to 130,000 a year. 1001's AED 50,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 1,146 sqft | 1,400,000 | 1,221 | ||
| 13 Jul 202613 July 2026 | 1,158 sqft | 1,350,000 | 1,165 | ||
| 27 Mar 202627 March 2026 | 1,296 sqft | 1,555,000 | 1,199 | ||
| 17 Mar 202617 March 2026 | 1,032 sqft | 1,280,000 | 1,240 |
Park Central
Building136 apartments, studios to 2-bed over 16 floors in Business Bay, completed in 2013 by DAMAC. 17 sold in the last 12 months.
- Typical price per sqft
- AED 1,221 Down 5.4%
- Typical sale
- AED 1.07M
- Typical rent
- AED 70K /yr
- Typical yield
- 8.9%
Other units on the 10th floor
All 136 units in Park Central| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 1-bed | 686 sqft | AED 745KAED 745,000 · Dec 2018December 2018 | 74,000 /yr | |
| 1004 | 1-bed | 631 sqft | AED 690KAED 690,000 · Apr 2014April 2014 | 58,925 /yr | |
| 1005 | Studio | 334 sqft | AED 630KAED 630,000 · Mar 2017March 2017 | 52,500 /yr | |
| 1006 | 2-bed | 1,001 sqft | AED 1.07MAED 1,067,000 · Mar 2014March 2014 | 90,000 /yr | |
| 1007 | Studio | 443 sqft | AED 800KAED 800,000 · Apr 2015April 2015 | 55,000 /yr | |
| 1008 | Studio | 442 sqft | AED 610KAED 610,000 · Jul 2024July 2024 | 50,000 /yr | |
| 1009 | 2-bed | 1,032 sqft | AED 1.24MAED 1,240,000 · May 2023May 2023 | 60,000 /yr | |
| 1010 | 1-bed | 680 sqft | AED 930KAED 930,000 · Mar 2025March 2025 | 72,000 /yr |
1001, Park Central in numbers
- Sold 4 times: first on 24 December 2012 for AED 2,220,791, last on 13 July 2023 for AED 1,150,000 (AED 887 per sqft).
- Rented since January 2015 on 6 Ejari contracts, from AED 123,762 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 24,300 a year (AED 18.77 per sqft).
- Two-beds in Park Central sold for AED 1,073,183–1,555,000 in the 12 months to November 2026; the building's median across all types is AED 1,221 per sqft.
Source: Dubai Land Department. Updated 13 July 2023.
Questions about 1001, Park Central
What did unit 1001 last sell for?
AED 1,150,000 on 13 July 2023: AED 887 per sqft for 1,296 sqft. The unit has 4 registered sales; the first was AED 2,220,791 in December 2012.
What is the rent for unit 1001?
AED 50,000 a year on the contract signed on 7 June 2021. The previous contract, from April 2020, was AED 67,000; the unit has been rented since January 2015.
How big is unit 1001?
1,296 sqft (120.4 sqm): a two-bedroom apartment on the 10th floor of a 16-storey tower completed in 2013.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Park Central sold for AED 1,073,183 to 1,555,000 in the last 12 months, around AED 1,165 per sqft.
Selling 1001? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1001, Park Central
Starts from the last sale price (AED 1.15M, 13 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →