1109, Park Central
Sold prices and rental history: sold 4 times, last in January 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1109, Park Central
What is 1109 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,059 sqft
- Floor
- 11th of 16
- Parking
- B1-50
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 19,900 /yr
- Last sold
- AED 950K · January 2017
- Building
- Park Central
About 1109, Park Central
1109 is a two-bedroom apartment of 1,059 sqft on the 11th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 23 January 2017 for AED 950,000, or AED 897 per sqft, 24% below the AED 1,180 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 1 October 2024, is AED 100,000 a year: a gross yield of 10.5% on the 2017 price, before the service charge of about AED 19,900 a year.
Sales and rents for 1109 over time
1109 has sold 4 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Park Central, and where 1109 sits
All 39 2-beds →1109 last sold in January 2017 at AED 897 per sqft, 24% below what two-beds in Park Central were fetching at the time (AED 1,180). Over the last 12 months two-beds sold for AED 1,073,183 to 1,555,000, around AED 1,165 per sqft, and rent for AED 80,000 to 130,000 a year. 1109's AED 100,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 1,146 sqft | 1,400,000 | 1,221 | ||
| 13 Jul 202613 July 2026 | 1,158 sqft | 1,350,000 | 1,165 | ||
| 27 Mar 202627 March 2026 | 1,296 sqft | 1,555,000 | 1,199 | ||
| 17 Mar 202617 March 2026 | 1,032 sqft | 1,280,000 | 1,240 |
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 11th floor
All 136 units in Park Central| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 2-bed | 1,324 sqft | AED 1.75MAED 1,750,000 · Dec 2015December 2015 | 125,000 /yr | |
| 1102 | 1-bed | 270 sqft | AED 1.38MAED 1,382,753 · Jul 2014July 2014 | 63,250 /yr | |
| 1103 | 1-bed | 866 sqft | AED 925KAED 925,000 · Nov 2024November 2024 | 100,000 /yr | |
| 1104 | 1-bed | 639 sqft | AED 919KAED 919,300 · Jul 2024July 2024 | 82,000 /yr | |
| 1105 | Studio | 339 sqft | AED 615KAED 615,000 · Sep 2016September 2016 | 50,000 /yr | |
| 1106 | 2-bed | 1,024 sqft | AED 1MAED 1,000,000 · Aug 2019August 2019 | 100,000 /yr | |
| 1107 | Studio | 450 sqft | AED 651KAED 651,000 · Jul 2014July 2014 | 45,000 /yr | |
| 1108 | Studio | 450 sqft | AED 465KAED 465,000 · Jul 2022July 2022 | 56,313 /yr | |
| 1110 | 1-bed | 683 sqft | AED 825KAED 825,000 · May 2024May 2024 | 52,323 /yr |
1109, Park Central in numbers
- Sold 4 times: first on 13 December 2012 for AED 1,157,100, last on 23 January 2017 for AED 950,000 (AED 897 per sqft).
- Rented since October 2017 on 7 Ejari contracts. The rent fell from AED 96,000 to AED 55,000 in 2021 and recovered to AED 100,000 by October 2024.
- At AED 100,000 a year the gross yield on the 2017 price is 10.5%, before a service charge of about AED 19,900 a year (AED 18.77 per sqft).
- Two-beds in Park Central sold for AED 1,073,183–1,555,000 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 October 2024.
Questions about 1109, Park Central
What did unit 1109 last sell for?
AED 950,000 on 23 January 2017: AED 897 per sqft for 1,059 sqft. The unit has 4 registered sales; the first was AED 1,157,100 in December 2012.
What is the rent for unit 1109?
AED 100,000 a year on the contract signed on 1 October 2024. The previous contract, from March 2023, was AED 105,000; the unit has been rented since October 2017.
How big is unit 1109?
1,059 sqft (98.4 sqm): a two-bedroom apartment on the 11th floor of a 16-storey tower completed in 2013.
What is unit 1109 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Park Central sold for AED 1,073,183 to 1,555,000 in the last 12 months, around AED 1,165 per sqft.
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Mortgage on 1109, Park Central
Starts from the last sale price (AED 950K, 23 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →