Studio · 443 sqftPark Central, Business Bay · 10th floor · completed 2013

1007, Park Central

Sold prices and rental history: sold 3 times, last in April 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 800K27 April 2015
Current rentAED 55K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Park Central

What is 1007 worth today?

Last sold for AED 800,000 in 2015

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1 Jul 2026RentedRenewal
AED 55,000/yr12 months · AED 124 per sqft
1 Jul 2025RentedNew contract
AED 55,000/yr12 months · AED 124 per sqft
20 Jun 2023RentedNew contract
AED 41,000/yr12 months · AED 93 per sqft
28 Nov 2022RentedRenewal
AED 35,000/yr6 months · AED 79 per sqft
28 Nov 2021RentedRenewal
AED 28,000/yr12 months · AED 63 per sqft
28 Nov 2020RentedNew contract
AED 28,000/yr12 months · AED 63 per sqft
21 Nov 2019RentedRenewal
AED 46,000/yr6 months · AED 104 per sqft
21 Nov 2018RentedNew contract
AED 42,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
443 sqft
Floor
10th of 16
Parking
B1-38
Developer
DAMAC
Completed
2013
Service charge
AED 8,300 /yr
Last sold
AED 800K · April 2015
Building
Park Central

About 1007, Park Central

1007 is a studio of 443 sqft on the 10th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 27 April 2015 for AED 800,000, or AED 1,807 per sqft, 20% above the AED 1,501 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 55,000 a year: a gross yield of 6.9% on the 2015 price, before the service charge of about AED 8,300 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical studio in Park Central
500K750K2012201620202024Typical sale price by year: 2012 AED 455,000; 2013 AED 649,950; 2014 AED 605,250; 2015 AED 750,000; 2017 AED 640,000; 2023 AED 600,000; 2024 AED 595,000; 2025 AED 640,000; 2026 AED 590,000Sold by developer, March 2013: AED 906,750 (AED 2,048 per sqft)Sold, April 2014: AED 906,750 (AED 2,048 per sqft)Sold, April 2015: AED 800,000 (AED 1,807 per sqft)

1007 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1007, each contractTypical studio in Park Central
40K60K2014201820222026Typical rent by year: 2014 AED 65,000; 2015 AED 64,000; 2016 AED 63,000; 2017 AED 55,000; 2018 AED 45,000; 2019 AED 40,000; 2020 AED 30,000; 2021 AED 30,000; 2022 AED 38,000; 2023 AED 45,000; 2024 AED 52,500; 2025 AED 55,000; 2026 AED 52,900New contract, October 2017: AED 52,000 a yearNew contract, November 2018: AED 42,000 a yearRenewal, November 2019: AED 46,000 a yearNew contract, November 2020: AED 28,000 a yearRenewal, November 2021: AED 28,000 a yearRenewal, November 2022: AED 35,000 a yearNew contract, June 2023: AED 41,000 a yearNew contract, July 2025: AED 55,000 a yearRenewal, July 2026: AED 55,000 a year

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 1007 sits

All 46 studios →

1007 last sold in April 2015 at AED 1,807 per sqft, 20% above what studios in Park Central were fetching at the time (AED 1,501). 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. 1007's AED 55,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
2 Nov 2026540,000
23 Jun 2026585,000
18 May 2026595,000
2 Feb 2026650,000
5 studio 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
10041-bedAED 690K · Apr 2014
1005StudioAED 630K · Mar 2017
10062-bedAED 1.07M · Mar 2014
1008StudioAED 610K · Jul 2024
10092-bedAED 1.24M · May 2023
1–7 of 8

1007, Park Central in numbers

  • Sold 3 times: first on 5 March 2013 for AED 906,750, last on 27 April 2015 for AED 800,000 (AED 1,807 per sqft).
  • Rented since October 2017 on 9 Ejari contracts. The rent fell from AED 52,000 to AED 28,000 in 2021 and recovered to AED 55,000 by July 2026.
  • At AED 55,000 a year the gross yield on the 2015 price is 6.9%, before a service charge of about AED 8,300 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 1 July 2026.

Questions about 1007, Park Central

What did unit 1007 last sell for?

AED 800,000 on 27 April 2015: AED 1,807 per sqft for 443 sqft. The unit has 3 registered sales; the first was AED 906,750 in March 2013.

What is the rent for unit 1007?

AED 55,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 55,000; the unit has been rented since October 2017.

How big is unit 1007?

443 sqft (41.2 sqm): a studio on the 10th floor of a 16-storey tower completed in 2013.

What is unit 1007 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 1007, Park Central

Starts from the last sale price (AED 800K, 27 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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