1206, Park Central
Sold prices and rental history: sold 3 times, last in February 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1206, Park Central
What is 1206 worth today?
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Source: Dubai Land Department. Updated 17 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,001 sqft
- Floor
- 12th of 16
- Parking
- B1-58
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 18,800 /yr
- Last sold
- AED 1.5M · February 2025
- Building
- Park Central
About 1206, Park Central
1206 is a two-bedroom apartment of 1,001 sqft on the 12th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 17 February 2025 for AED 1,500,000, or AED 1,498 per sqft, 37% above the AED 1,094 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 13 December 2024, is AED 90,000 a year: a gross yield of 6.0% on the 2025 price, before the service charge of about AED 18,800 a year.
Sales and rents for 1206 over time
1206 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 1206 sits
All 39 2-beds →1206 last sold in February 2025 at AED 1,498 per sqft, 37% above what two-beds in Park Central were fetching at the time (AED 1,094). 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. 1206's AED 90,000 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 12th floor
All 136 units in Park Central| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,296 sqft | AED 1.5MAED 1,500,000 · May 2025May 2025 | 105,000 /yr | |
| 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 | |
| 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 |
1206, Park Central in numbers
- Sold 3 times: first on 30 August 2012 for AED 1,615,000, last on 17 February 2025 for AED 1,500,000 (AED 1,498 per sqft).
- Rented since June 2016 on 5 Ejari contracts. The rent fell from AED 105,000 to AED 55,000 in 2020 and recovered to AED 90,000 by December 2024.
- At AED 90,000 a year the gross yield on the 2025 price is 6.0%, before a service charge of about AED 18,800 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 17 February 2025.
Questions about 1206, Park Central
What did unit 1206 last sell for?
AED 1,500,000 on 17 February 2025: AED 1,498 per sqft for 1,001 sqft. The unit has 3 registered sales; the first was AED 1,615,000 in August 2012.
What is the rent for unit 1206?
AED 90,000 a year on the contract signed on 13 December 2024. The previous contract, from August 2020, was AED 55,000; the unit has been rented since June 2016.
How big is unit 1206?
1,001 sqft (93.0 sqm): a two-bedroom apartment on the 12th floor of a 16-storey tower completed in 2013.
What is unit 1206 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 1206, Park Central
Starts from the last sale price (AED 1.5M, 17 February 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 →