1005, Park Central
Sold prices and rental history: sold 3 times, last in March 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, Park Central
What is 1005 worth today?
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Source: Dubai Land Department. Updated 29 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 334 sqft
- Floor
- 10th of 16
- Parking
- B1-36
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 6,300 /yr
- Last sold
- AED 630K · March 2017
- Building
- Park Central
About 1005, Park Central
1005 is a studio of 334 sqft on the 10th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 8 March 2017 for AED 630,000, or AED 1,888 per sqft, 22% above the AED 1,548 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 29 December 2025, is AED 52,500 a year: a gross yield of 8.3% on the 2017 price, before the service charge of about AED 6,300 a year.
Sales and rents for 1005 over time
1005 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Park Central, and where 1005 sits
All 46 studios →1005 last sold in March 2017 at AED 1,888 per sqft, 22% above what studios in Park Central were fetching at the time (AED 1,548). Over the last 12 months studios sold for AED 540,000 to 650,000, around AED 1,343 per sqft, and rent for AED 46,000 to 90,486 a year. 1005's AED 52,500 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 458 sqft | 540,000 | 1,180 | ||
| 23 Jun 202623 June 2026 | 450 sqft | 585,000 | 1,299 | ||
| 18 May 202618 May 2026 | 443 sqft | 595,000 | 1,343 | ||
| 2 Feb 20262 February 2026 | 454 sqft | 650,000 | 1,432 |
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 | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,296 sqft | AED 1.15MAED 1,150,000 · Jul 2023July 2023 | 50,000 /yr | |
| 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 | |
| 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 |
1005, Park Central in numbers
- Sold 3 times: first on 11 October 2012 for AED 324,675, last on 8 March 2017 for AED 630,000 (AED 1,888 per sqft).
- Rented since March 2014 on 10 Ejari contracts. The rent fell from AED 65,000 to AED 30,000 in 2021 and recovered to AED 52,500 by December 2025.
- At AED 52,500 a year the gross yield on the 2017 price is 8.3%, before a service charge of about AED 6,300 a year (AED 18.77 per sqft).
- Studios in Park Central sold for AED 540,000–650,000 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 29 December 2025.
Questions about 1005, Park Central
What did unit 1005 last sell for?
AED 630,000 on 8 March 2017: AED 1,888 per sqft for 334 sqft. The unit has 3 registered sales; the first was AED 324,675 in October 2012.
What is the rent for unit 1005?
AED 52,500 a year on the contract signed on 29 December 2025. The previous contract, from October 2024, was AED 60,000; the unit has been rented since March 2014.
How big is unit 1005?
334 sqft (31.0 sqm): a studio on the 10th floor of a 16-storey tower completed in 2013.
What is unit 1005 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Park Central sold for AED 540,000 to 650,000 in the last 12 months, around AED 1,343 per sqft.
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Mortgage on 1005, Park Central
Starts from the last sale price (AED 630K, 8 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 630,000
- Deposit, UAE resident (20%)
- AED 126,000
- Deposit, non-resident (40%)
- AED 252,000
- Monthly over 25 years at 3.7%
- AED 2,578
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →