Studio · 339 sqftPark Central, Business Bay · 13th floor · completed 2013

1305, Park Central

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

Unit 1305 · DLD and Ejari recordsUpdated 10 February 2026
Last soldAED 426K4 May 2014
Current rentAED 63K /yr10 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1305, Park Central

What is 1305 worth today?

Last sold for AED 426,000 in 2014

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10 Feb 2026RentedRenewal
AED 63,000/yr12 months · AED 189 per sqft
10 Feb 2025RentedNew contract
AED 60,000/yr12 months · AED 174 per sqft
6 May 2024RentedNew contract
AED 53,000/yr12 months · AED 154 per sqft
1 Jun 2023RentedNew contract
AED 50,000/yr12 months · AED 150 per sqft
3 Dec 2022RentedNew contract
AED 45,000/yr12 months · AED 135 per sqft
12 Nov 2021RentedNew contract
AED 33,000/yr12 months · AED 96 per sqft
1 Jun 2020RentedRenewal
AED 37,000/yr12 months · AED 107 per sqft
1 Jun 2019RentedNew contract
AED 37,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 10 February 2026.

Key facts

Type
Studio apartment
Size
339 sqft
Floor
13th of 16
Parking
B1-68
Developer
DAMAC
Completed
2013
Service charge
AED 6,400 /yr
Last sold
AED 426K · May 2014
Building
Park Central

About 1305, Park Central

1305 is a studio of 339 sqft on the 13th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 4 May 2014 for AED 426,000, or AED 1,256 per sqft, 10% below the AED 1,394 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 10 February 2026, is AED 63,000 a year: a gross yield of 14.8% on the 2014 price, before the service charge of about AED 6,400 a year.

Sales and rents for 1305 over time

Sales
Unit 1305, each saleTypical studio in Park Central
400K600K800K2012201620202024Typical 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, December 2012: AED 426,000 (AED 1,256 per sqft)Sold, May 2014: AED 426,000 (AED 1,256 per sqft)

1305 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1305, 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, June 2014: AED 65,000 a yearNew contract, November 2016: AED 55,000 a yearNew contract, October 2017: AED 46,000 a yearNew contract, May 2018: AED 40,000 a yearNew contract, June 2019: AED 37,000 a yearRenewal, June 2020: AED 37,000 a yearNew contract, November 2021: AED 33,000 a yearNew contract, December 2022: AED 45,000 a yearNew contract, June 2023: AED 50,000 a yearNew contract, May 2024: AED 53,000 a yearNew contract, February 2025: AED 60,000 a yearRenewal, February 2026: AED 63,000 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 1305 sits

All 46 studios →

1305 last sold in May 2014 at AED 1,256 per sqft, 10% below what studios in Park Central were fetching at the time (AED 1,394). 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. 1305's AED 63,000 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 13th floor

All 136 units in Park Central
Value
13012-bedAED 1.5M · Mar 2026
13021-bedAED 1.05M · May 2016
13031-bedAED 975K · Jun 2014
13041-bedAED 660K · Feb 2023
13062-bedAED 1.3M · Dec 2016
1307StudioAED 585K · Jun 2026
1308StudioAED 765K · May 2015
1–7 of 9

1305, Park Central in numbers

  • Sold twice: first on 13 December 2012 for AED 426,000, last on 4 May 2014 for AED 426,000 (AED 1,256 per sqft).
  • Rented since June 2014 on 12 Ejari contracts. The rent fell from AED 65,000 to AED 33,000 in 2021 and recovered to AED 63,000 by February 2026.
  • At AED 63,000 a year the gross yield on the 2014 price is 14.8%, before a service charge of about AED 6,400 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 10 February 2026.

Questions about 1305, Park Central

What did unit 1305 last sell for?

AED 426,000 on 4 May 2014: AED 1,256 per sqft for 339 sqft. The unit has 2 registered sales; the first was AED 426,000 in December 2012.

What is the rent for unit 1305?

AED 63,000 a year on the contract renewed on 10 February 2026. The previous contract, from February 2025, was AED 60,000; the unit has been rented since June 2014.

How big is unit 1305?

339 sqft (31.5 sqm): a studio on the 13th floor of a 16-storey tower completed in 2013.

What is unit 1305 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 1305, Park Central

Starts from the last sale price (AED 426K, 4 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 426,000
Deposit, UAE resident (20%)
AED 85,200
Deposit, non-resident (40%)
AED 170,400
Monthly over 25 years at 3.7%
AED 1,743

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