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Studio · 450 sqftPark Central, Business Bay · 11th floor · completed 2013

1108, Park Central

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 465K27 July 2022
Current rentAED 56K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1108, Park Central

What is 1108 worth today?

Last sold for AED 465,000 in 2022

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15 Dec 2025RentedRenewal
AED 56,313/yr12 months · AED 125 per sqft
13 Dec 2024RentedNew contract
AED 50,727/yr12 months · AED 112 per sqft
29 Sep 2023RentedRenewal
AED 47,250/yr12 months · AED 105 per sqft
29 Sep 2022RentedNew contract
AED 45,000/yr12 months · AED 100 per sqft
27 Jul 2022SoldReady
AED 465,000AED 1,032 per sqft
25 Mar 2014SoldReady
AED 651,000AED 1,445 per sqft
14 Apr 2013Sold by developerOff-plan
AED 651,000AED 1,445 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
Studio apartment
Size
450 sqft
Floor
11th of 16
Parking
B1-49
Developer
DAMAC
Completed
2013
Service charge
AED 8,500 /yr
Last sold
AED 465K · July 2022
Building
Park Central

About 1108, Park Central

1108 is a studio of 450 sqft on the 11th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 27 July 2022 for AED 465,000, or AED 1,032 per sqft.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 15 December 2025, is AED 56,313 a year: a gross yield of 12.1% on the 2022 price, before the service charge of about AED 8,500 a year.

Sales and rents for 1108 over time

Sales
Unit 1108, 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, April 2013: AED 651,000 (AED 1,445 per sqft)Sold, March 2014: AED 651,000 (AED 1,445 per sqft)Sold, July 2022: AED 465,000 (AED 1,032 per sqft)

1108 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1108, 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, September 2022: AED 45,000 a yearRenewal, September 2023: AED 47,250 a yearNew contract, December 2024: AED 50,727 a yearRenewal, December 2025: AED 56,313 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 1108 sits

All 46 studios →

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. 1108's AED 56,313 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 11th floor

All 136 units in Park Central
Value
11012-bedAED 1.75M · Dec 2015
11021-bedAED 1.38M · Jul 2014
11031-bedAED 925K · Nov 2024
11041-bedAED 919K · Jul 2024
1105StudioAED 615K · Sep 2016
11062-bedAED 1M · Aug 2019
1107StudioAED 651K · Jul 2014
1–7 of 9

1108, Park Central in numbers

  • Sold 3 times: first on 14 April 2013 for AED 651,000, last on 27 July 2022 for AED 465,000 (AED 1,032 per sqft).
  • Rented since September 2022 on 4 Ejari contracts, from AED 45,000 to AED 56,313 a year.
  • At AED 56,313 a year the gross yield on the 2022 price is 12.1%, before a service charge of about AED 8,500 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 15 December 2025.

Questions about 1108, Park Central

What did unit 1108 last sell for?

AED 465,000 on 27 July 2022: AED 1,032 per sqft for 450 sqft. The unit has 3 registered sales; the first was AED 651,000 in April 2013.

What is the rent for unit 1108?

AED 56,313 a year on the contract renewed on 15 December 2025. The previous contract, from December 2024, was AED 50,727; the unit has been rented since September 2022.

How big is unit 1108?

450 sqft (41.8 sqm): a studio on the 11th floor of a 16-storey tower completed in 2013.

What is unit 1108 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 1108, Park Central

Starts from the last sale price (AED 465K, 27 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 465,000
Deposit, UAE resident (20%)
AED 93,000
Deposit, non-resident (40%)
AED 186,000
Monthly over 25 years at 3.7%
AED 1,902

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