2-bed · 1,032 sqftPark Central, Business Bay · 12th floor · completed 2013

1209, Park Central

Sold prices and rental history: sold 3 times, last in March 2026, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1209 · DLD and Ejari recordsUpdated 17 March 2026
Last soldAED 1.28M17 March 2026
Current rentAED 85K /yr8 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1209, Park Central

What is 1209 worth today?

Last sold for AED 1,280,000 in 2026

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17 Mar 2026SoldReady
AED 1,280,000AED 1,240 per sqft
8 Aug 2024RentedRenewal
AED 85,000/yr12 months · AED 82 per sqft
8 Aug 2023RentedRenewal
AED 60,000/yr12 months · AED 58 per sqft
8 Aug 2022RentedRenewal
AED 55,000/yr12 months · AED 53 per sqft
8 Aug 2021RentedNew contract
AED 55,000/yr12 months · AED 53 per sqft
1 Nov 2017RentedNew contract
AED 100,270/yr12 months · AED 97 per sqft
23 Jul 2014SoldReady
AED 1,708,750AED 1,655 per sqft
12 May 2014RentedNew contract
AED 106,481/yr13 months · AED 103 per sqft

Source: Dubai Land Department. Updated 17 March 2026.

Key facts

Type
2-bed apartment
Size
1,032 sqft
Floor
12th of 16
Parking
B1-62
Developer
DAMAC
Completed
2013
Service charge
AED 19,400 /yr
Last sold
AED 1.28M · March 2026
Building
Park Central

About 1209, Park Central

1209 is a two-bedroom apartment of 1,032 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 March 2026 for AED 1,280,000, or AED 1,240 per sqft, 10% above the AED 1,129 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 8 August 2024, is AED 85,000 a year: a gross yield of 6.6% on the 2026 price, before the service charge of about AED 19,400 a year.

Sales and rents for 1209 over time

Sales
Unit 1209, each saleTypical two-bed in Park Central
1M1.5M2012201620202024Typical sale price by year: 2012 AED 1,195,200; 2013 AED 1,450,000; 2014 AED 1,376,200; 2015 AED 1,654,950; 2016 AED 1,250,000; 2017 AED 925,000; 2019 AED 1,000,000; 2023 AED 1,100,000; 2024 AED 1,280,000; 2025 AED 1,450,000; 2026 AED 1,350,000Sold by developer, August 2012: AED 1,708,750 (AED 1,655 per sqft)Sold, July 2014: AED 1,708,750 (AED 1,655 per sqft)Sold, March 2026: AED 1,280,000 (AED 1,240 per sqft)

1209 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1209, each contractTypical two-bed in Park Central
50K100K2014201820222026Typical rent by year: 2014 AED 115,000; 2015 AED 120,000; 2016 AED 115,000; 2017 AED 100,000; 2018 AED 85,000; 2019 AED 70,000; 2020 AED 65,000; 2021 AED 55,000; 2022 AED 67,000; 2023 AED 80,500; 2024 AED 95,000; 2025 AED 100,000; 2026 AED 94,000New contract, May 2014: AED 106,481 a yearNew contract, November 2017: AED 100,270 a yearNew contract, August 2021: AED 55,000 a yearRenewal, August 2022: AED 55,000 a yearRenewal, August 2023: AED 60,000 a yearRenewal, August 2024: AED 85,000 a year

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 1209 sits

All 39 2-beds →

1209 last sold in March 2026 at AED 1,240 per sqft, 10% above what two-beds in Park Central were fetching at the time (AED 1,129). 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. 1209's AED 85,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Oct 20261,400,000
13 Jul 20261,350,000
27 Mar 20261,555,000
9 Mar 20261,500,000
9 2-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 12th floor

All 136 units in Park Central
Value
12012-bedAED 1.5M · May 2025
12021-bedAED 790K · Mar 2025
12031-bedAED 1.09M · Jun 2025
12041-bedAED 790K · Feb 2025
1205StudioAED 480K · Oct 2024
12062-bedAED 1.5M · Feb 2025
1207StudioAED 600K · Nov 2024
1–7 of 9

1209, Park Central in numbers

  • Sold 3 times: first on 30 August 2012 for AED 1,708,750, last on 17 March 2026 for AED 1,280,000 (AED 1,240 per sqft).
  • Rented since May 2014 on 6 Ejari contracts. The rent fell from AED 106,481 to AED 55,000 in 2022 and recovered to AED 85,000 by August 2024.
  • At AED 85,000 a year the gross yield on the 2026 price is 6.6%, before a service charge of about AED 19,400 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 March 2026.

Questions about 1209, Park Central

What did unit 1209 last sell for?

AED 1,280,000 on 17 March 2026: AED 1,240 per sqft for 1,032 sqft. The unit has 3 registered sales; the first was AED 1,708,750 in August 2012.

What is the rent for unit 1209?

AED 85,000 a year on the contract renewed on 8 August 2024. The previous contract, from August 2023, was AED 60,000; the unit has been rented since May 2014.

How big is unit 1209?

1,032 sqft (95.9 sqm): a two-bedroom apartment on the 12th floor of a 16-storey tower completed in 2013.

What is unit 1209 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 1209, Park Central

Starts from the last sale price (AED 1.28M, 17 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,280,000
Deposit, UAE resident (20%)
AED 256,000
Deposit, non-resident (40%)
AED 512,000
Monthly over 25 years at 3.7%
AED 5,237

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