
1008, Park Central
Sold prices and rental history: sold 3 times, last in July 2024, 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 1008, Park Central
What is 1008 worth today?
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Source: Dubai Land Department. Updated 6 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 442 sqft
- Floor
- 10th of 16
- Parking
- B1-39
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 8,300 /yr
- Last sold
- AED 610K · July 2024
- Building
- Park Central
About 1008, Park Central
1008 is a studio of 442 sqft on the 10th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 18 July 2024 for AED 610,000, or AED 1,379 per sqft, 51% above the AED 911 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 6 May 2026, is AED 50,000 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 8,300 a year.
Sales and rents for 1008 over time
1008 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 1008 sits
All 46 studios →1008 last sold in July 2024 at AED 1,379 per sqft, 51% above what studios in Park Central were fetching at the time (AED 911). 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. 1008's AED 50,000 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 | |
| 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 | |
| 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 |
1008, Park Central in numbers
- Sold 3 times: first on 9 May 2013 for AED 648,900, last on 18 July 2024 for AED 610,000 (AED 1,379 per sqft).
- Rented since March 2014 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 31,000 in 2021 and recovered to AED 50,000 by May 2026.
- At AED 50,000 a year the gross yield on the 2024 price is 8.2%, 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 6 May 2026.
Questions about 1008, Park Central
What did unit 1008 last sell for?
AED 610,000 on 18 July 2024: AED 1,379 per sqft for 442 sqft. The unit has 3 registered sales; the first was AED 648,900 in May 2013.
What is the rent for unit 1008?
AED 50,000 a year on the contract renewed on 6 May 2026. The previous contract, from May 2025, was AED 50,000; the unit has been rented since March 2014.
How big is unit 1008?
442 sqft (41.1 sqm): a studio on the 10th floor of a 16-storey tower completed in 2013.
What is unit 1008 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 1008, Park Central
Starts from the last sale price (AED 610K, 18 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 610,000
- Deposit, UAE resident (20%)
- AED 122,000
- Deposit, non-resident (40%)
- AED 244,000
- Monthly over 25 years at 3.7%
- AED 2,496
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →