Studio · 442 sqftPark Central, Business Bay · 10th floor · completed 2013

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.

Unit 1008 · DLD and Ejari recordsUpdated 6 May 2026
Last soldAED 610K18 July 2024
Current rentAED 50K /yr6 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Park Central

What is 1008 worth today?

Last sold for AED 610,000 in 2024

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6 May 2026RentedRenewal
AED 50,000/yr12 months · AED 113 per sqft
6 May 2025RentedNew contract
AED 50,000/yr12 months · AED 113 per sqft
18 Jul 2024SoldReady
AED 610,000AED 1,379 per sqft
25 May 2023RentedRenewal
AED 60,216/yr9 months · AED 136 per sqft
25 May 2022RentedNew contract
AED 42,000/yr12 months · AED 95 per sqft
9 Jul 2021RentedRenewal
AED 31,000/yr12 months · AED 70 per sqft
9 Jul 2020RentedRenewal
AED 31,000/yr12 months · AED 70 per sqft
9 Jul 2018RentedNew contract
AED 45,000/yr12 months · AED 102 per sqft

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

Sales
Unit 1008, each saleTypical studio in Park Central
600K800K2012201620202024Typical 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, May 2013: AED 648,900 (AED 1,467 per sqft)Sold, February 2014: AED 648,900 (AED 1,467 per sqft)Sold, July 2024: AED 610,000 (AED 1,379 per sqft)

1008 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1008, 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, March 2014: AED 70,000 a yearNew contract, July 2018: AED 45,000 a yearRenewal, July 2020: AED 31,000 a yearRenewal, July 2021: AED 31,000 a yearNew contract, May 2022: AED 42,000 a yearRenewal, May 2023: AED 60,216 a yearNew contract, May 2025: AED 50,000 a yearRenewal, May 2026: AED 50,000 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 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 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
1007StudioAED 800K · Apr 2015
10092-bedAED 1.24M · May 2023
1–7 of 8

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 →