1-bed · 866 sqftPark Central, Business Bay · 11th floor · completed 2013

1103, Park Central

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 28 February 2026
Last soldAED 925K29 November 2024
Current rentAED 100K /yr28 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, Park Central

What is 1103 worth today?

Last sold for AED 925,000 in 2024

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28 Feb 2026RentedNew contract
AED 100,000/yr12 months · AED 116 per sqft
2 Jan 2025RentedNew contract
AED 100,000/yr12 months · AED 115 per sqft
29 Nov 2024SoldReady
AED 925,000AED 1,068 per sqft
15 Jun 2023RentedNew contract
AED 55,000/yr12 months · AED 64 per sqft
14 Mar 2022RentedRenewal
AED 43,200/yr12 months · AED 50 per sqft
14 Mar 2021RentedNew contract
AED 36,000/yr12 months · AED 42 per sqft
17 Jan 2019RentedNew contract
AED 55,000/yr12 months · AED 64 per sqft
18 Jun 2014Sold by developerReady
AED 1,558,554AED 1,800 per sqft

Source: Dubai Land Department. Updated 28 February 2026.

Key facts

Type
1-bed apartment
Size
866 sqft
Floor
11th of 16
Parking
B1-44
Developer
DAMAC
Completed
2013
Service charge
AED 16,300 /yr
Last sold
AED 925K · November 2024
Building
Park Central

About 1103, Park Central

1103 is a one-bedroom apartment of 866 sqft on the 11th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 29 November 2024 for AED 925,000, or AED 1,068 per sqft, 12% below the AED 1,208 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 28 February 2026, is AED 100,000 a year: a gross yield of 10.8% on the 2024 price, before the service charge of about AED 16,300 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, each saleTypical one-bed in Park Central
500K1M1.5M2012201620202024Typical 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, June 2014: AED 1,558,554 (AED 1,800 per sqft)Sold, November 2024: AED 925,000 (AED 1,068 per sqft)

1103 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1103, each contractTypical one-bed in Park Central
50K100K2014201820222026Typical 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, June 2014: AED 85,000 a yearNew contract, January 2019: AED 55,000 a yearNew contract, March 2021: AED 36,000 a yearRenewal, March 2022: AED 43,200 a yearNew contract, June 2023: AED 55,000 a yearNew contract, January 2025: AED 100,000 a yearNew contract, February 2026: AED 100,000 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 1103 sits

All 51 1-beds →

1103 last sold in November 2024 at AED 1,068 per sqft, 12% below what one-beds in Park Central were fetching at the time (AED 1,208). 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. 1103's AED 100,000 is at the top 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 11th floor

All 136 units in Park Central
Value
11012-bedAED 1.75M · Dec 2015
11021-bedAED 1.38M · Jul 2014
11041-bedAED 919K · Jul 2024
1105StudioAED 615K · Sep 2016
11062-bedAED 1M · Aug 2019
1107StudioAED 651K · Jul 2014
1108StudioAED 465K · Jul 2022
1–7 of 9

1103, Park Central in numbers

  • Sold twice: first on 18 June 2014 for AED 1,558,554, last on 29 November 2024 for AED 925,000 (AED 1,068 per sqft).
  • Rented since June 2014 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 36,000 in 2021 and recovered to AED 100,000 by February 2026.
  • At AED 100,000 a year the gross yield on the 2024 price is 10.8%, before a service charge of about AED 16,300 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 28 February 2026.

Questions about 1103, Park Central

What did unit 1103 last sell for?

AED 925,000 on 29 November 2024: AED 1,068 per sqft for 866 sqft. The unit has 2 registered sales; the first was AED 1,558,554 in June 2014.

What is the rent for unit 1103?

AED 100,000 a year on the contract signed on 28 February 2026. The previous contract, from January 2025, was AED 100,000; the unit has been rented since June 2014.

How big is unit 1103?

866 sqft (80.5 sqm): a one-bedroom apartment on the 11th floor of a 16-storey tower completed in 2013.

What is unit 1103 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 1103, Park Central

Starts from the last sale price (AED 925K, 29 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

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