1201, Park Central
Sold prices and rental history: sold 3 times, last in May 2025, 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 1201, Park Central
What is 1201 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,296 sqft
- Floor
- 12th of 16
- Parking
- B1-53
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 24,300 /yr
- Last sold
- AED 1.5M · May 2025
- Building
- Park Central
About 1201, Park Central
1201 is a two-bedroom apartment of 1,296 sqft on the 12th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 1 May 2025 for AED 1,500,000, or AED 1,157 per sqft, 7% above the AED 1,082 two-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 2 January 2025, is AED 105,000 a year: a gross yield of 7.0% on the 2025 price, before the service charge of about AED 24,300 a year.
Sales and rents for 1201 over time
1201 has sold 3 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 1201 sits
All 39 2-beds →1201 last sold in May 2025 at AED 1,157 per sqft, 7% above what two-beds in Park Central were fetching at the time (AED 1,082). 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. 1201's AED 105,000 is in the upper 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 12th floor
All 136 units in Park Central| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 1-bed | 686 sqft | AED 790KAED 790,000 · Mar 2025March 2025 | 45,000 /yr | |
| 1203 | 1-bed | 844 sqft | AED 1.09MAED 1,090,000 · Jun 2025June 2025 | 48,000 /yr | |
| 1204 | 1-bed | 631 sqft | AED 790KAED 790,000 · Feb 2025February 2025 | 44,000 /yr | |
| 1205 | Studio | 334 sqft | AED 480KAED 480,000 · Oct 2024October 2024 | 59,839 /yr | |
| 1206 | 2-bed | 1,001 sqft | AED 1.5MAED 1,500,000 · Feb 2025February 2025 | 90,000 /yr | |
| 1207 | Studio | 443 sqft | AED 600KAED 600,000 · Nov 2024November 2024 | 88,000 /yr | |
| 1208 | Studio | 442 sqft | AED 590KAED 590,000 · Dec 2024December 2024 | 60,000 /yr | |
| 1209 | 2-bed | 1,032 sqft | AED 1.28MAED 1,280,000 · Mar 2026March 2026 | 85,000 /yr | |
| 1210 | 1-bed | 679 sqft | AED 920KAED 920,000 · Oct 2024October 2024 | 60,000 /yr |
1201, Park Central in numbers
- Sold 3 times: first on 30 August 2012 for AED 2,057,500, last on 1 May 2025 for AED 1,500,000 (AED 1,157 per sqft).
- Rented since April 2014 on 7 Ejari contracts. The rent fell from AED 145,000 to AED 55,000 in 2021 and recovered to AED 105,000 by January 2025.
- At AED 105,000 a year the gross yield on the 2025 price is 7.0%, before a service charge of about AED 24,300 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 May 2025.
Questions about 1201, Park Central
What did unit 1201 last sell for?
AED 1,500,000 on 1 May 2025: AED 1,157 per sqft for 1,296 sqft. The unit has 3 registered sales; the first was AED 2,057,500 in August 2012.
What is the rent for unit 1201?
AED 105,000 a year on the contract signed on 2 January 2025. The previous contract, from October 2021, was AED 55,000; the unit has been rented since April 2014.
How big is unit 1201?
1,296 sqft (120.4 sqm): a two-bedroom apartment on the 12th floor of a 16-storey tower completed in 2013.
What is unit 1201 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.
Selling 1201? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1201, Park Central
Starts from the last sale price (AED 1.5M, 1 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →