1-bed · 631 sqftPark Central, Business Bay · 10th floor · completed 2013

1004, Park Central

Sold prices and rental history: sold twice, last in April 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 21 November 2023
Last soldAED 690K23 April 2014
Current rentAED 59K /yr21 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Park Central

What is 1004 worth today?

Last sold for AED 690,000 in 2014

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21 Nov 2023RentedRenewal
AED 58,925/yr12 months · AED 93 per sqft
21 Nov 2022RentedRenewal
AED 51,750/yr12 months · AED 82 per sqft
21 Nov 2021RentedNew contract
AED 45,000/yr12 months · AED 71 per sqft
1 Jan 2020RentedRenewal
AED 53,000/yr12 months · AED 83 per sqft
1 Jan 2019RentedRenewal
AED 56,000/yr12 months · AED 88 per sqft
1 Jan 2018RentedNew contract
AED 58,000/yr12 months · AED 91 per sqft
23 Apr 2014SoldReady
AED 690,000AED 1,093 per sqft
22 Nov 2012Sold by developerOff-plan
AED 690,000AED 1,093 per sqft

Source: Dubai Land Department. Updated 21 November 2023.

Key facts

Type
1-bed apartment
Size
631 sqft
Floor
10th of 16
Parking
B1-35
Developer
DAMAC
Completed
2013
Service charge
AED 11,800 /yr
Last sold
AED 690K · April 2014
Building
Park Central

About 1004, Park Central

1004 is a one-bedroom apartment of 631 sqft on the 10th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 23 April 2014 for AED 690,000, or AED 1,093 per sqft, in line with the AED 1,125 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 21 November 2023, is AED 58,925 a year: a gross yield of 8.5% on the 2014 price, before the service charge of about AED 11,800 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical one-bed in Park Central
600K800K1M2012201620202024Typical sale price by year: 2012 AED 898,050; 2013 AED 860,000; 2014 AED 1,000,000; 2015 AED 1,025,000; 2020 AED 590,000; 2022 AED 642,500; 2023 AED 775,000; 2024 AED 850,000; 2025 AED 800,000Sold by developer, November 2012: AED 690,000 (AED 1,093 per sqft)Sold, April 2014: AED 690,000 (AED 1,093 per sqft)

1004 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1004, each contractTypical one-bed in Park Central
40K60K80K2014201820222026Typical rent by year: 2014 AED 85,000; 2015 AED 85,000; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 65,000; 2019 AED 55,000; 2020 AED 45,500; 2021 AED 42,000; 2022 AED 51,750; 2023 AED 57,077; 2024 AED 67,750; 2025 AED 72,000; 2026 AED 72,000New contract, January 2018: AED 58,000 a yearRenewal, January 2019: AED 56,000 a yearRenewal, January 2020: AED 53,000 a yearNew contract, November 2021: AED 45,000 a yearRenewal, November 2022: AED 51,750 a yearRenewal, November 2023: AED 58,925 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Park Central, and where 1004 sits

All 51 1-beds →

1004 last sold in April 2014 at AED 1,093 per sqft, in line with what one-beds in Park Central were fetching at the time (AED 1,125). Over the last 12 months one-beds sold for AED 850,000 to 888,803, around AED 1,238 per sqft, and rent for AED 40,000 to 100,000 a year. 1004's AED 58,925 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 May 2026888,803
17 Mar 2026870,000
9 Dec 2025850,000
14 Oct 20251,100,000
3 1-bed sales in the last 12 months

Park Central

Building

136 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%
Park Central, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 136 units in Park Central
Value
10012-bedAED 1.15M · Jul 2023
10021-bedAED 745K · Dec 2018
1005StudioAED 630K · Mar 2017
10062-bedAED 1.07M · Mar 2014
1007StudioAED 800K · Apr 2015
1008StudioAED 610K · Jul 2024
10092-bedAED 1.24M · May 2023
1–7 of 8

1004, Park Central in numbers

  • Sold twice: first on 22 November 2012 for AED 690,000, last on 23 April 2014 for AED 690,000 (AED 1,093 per sqft).
  • Rented since January 2018 on 6 Ejari contracts. The rent fell from AED 58,000 to AED 45,000 in 2021 and recovered to AED 58,925 by November 2023.
  • At AED 58,925 a year the gross yield on the 2014 price is 8.5%, before a service charge of about AED 11,800 a year (AED 18.77 per sqft).
  • One-beds in Park Central sold for AED 850,000–888,803 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 21 November 2023.

Questions about 1004, Park Central

What did unit 1004 last sell for?

AED 690,000 on 23 April 2014: AED 1,093 per sqft for 631 sqft. The unit has 2 registered sales; the first was AED 690,000 in November 2012.

What is the rent for unit 1004?

AED 58,925 a year on the contract renewed on 21 November 2023. The previous contract, from November 2022, was AED 51,750; the unit has been rented since January 2018.

How big is unit 1004?

631 sqft (58.6 sqm): a one-bedroom apartment on the 10th floor of a 16-storey tower completed in 2013.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Central sold for AED 850,000 to 888,803 in the last 12 months, around AED 1,238 per sqft.

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Mortgage on 1004, Park Central

Starts from the last sale price (AED 690K, 23 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 690,000
Deposit, UAE resident (20%)
AED 138,000
Deposit, non-resident (40%)
AED 276,000
Monthly over 25 years at 3.7%
AED 2,823

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →