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2-bed · 1,024 sqftPark Central, Business Bay · 13th floor · completed 2013

1306, Park Central

Sold prices and rental history: sold 3 times, last in December 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1306 · DLD and Ejari recordsUpdated 5 February 2020
Last soldAED 1.3M15 December 2016
Current rentAED 65K /yr5 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1306, Park Central

What is 1306 worth today?

Last sold for AED 1,300,000 in 2016

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5 Feb 2020RentedRenewal
AED 65,000/yr12 months · AED 64 per sqft
5 Feb 2019RentedNew contract
AED 65,000/yr12 months · AED 64 per sqft
15 Dec 2016SoldReady
AED 1,300,000AED 1,269 per sqft
6 Apr 2014SoldReady
AED 998,450AED 974 per sqft
19 Mar 2013Sold by developerOff-plan
AED 998,450AED 974 per sqft

Source: Dubai Land Department. Updated 5 February 2020.

Key facts

Type
2-bed apartment
Size
1,024 sqft
Floor
13th of 16
Parking
B1-69
Developer
DAMAC
Completed
2013
Service charge
AED 19,200 /yr
Last sold
AED 1.3M · December 2016
Building
Park Central

About 1306, Park Central

1306 is a two-bedroom apartment of 1,024 sqft on the 13th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 15 December 2016 for AED 1,300,000, or AED 1,269 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 5 February 2020, is AED 65,000 a year: a gross yield of 5.0% on the 2016 price, before the service charge of about AED 19,200 a year.

Sales and rents for 1306 over time

Sales
Unit 1306, 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, March 2013: AED 998,450 (AED 974 per sqft)Sold, April 2014: AED 998,450 (AED 974 per sqft)Sold, December 2016: AED 1,300,000 (AED 1,269 per sqft)

1306 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1306, 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, February 2019: AED 65,000 a yearRenewal, February 2020: AED 65,000 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 1306 sits

All 39 2-beds →

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. 1306's AED 65,000 is at the bottom 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
17 Mar 20261,280,000
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 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
1305StudioAED 426K · May 2014
1307StudioAED 585K · Jun 2026
1308StudioAED 765K · May 2015
1–7 of 9

1306, Park Central in numbers

  • Sold 3 times: first on 19 March 2013 for AED 998,450, last on 15 December 2016 for AED 1,300,000 (AED 1,269 per sqft).
  • Rented since February 2019 on 2 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2016 price is 5.0%, before a service charge of about AED 19,200 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 5 February 2020.

Questions about 1306, Park Central

What did unit 1306 last sell for?

AED 1,300,000 on 15 December 2016: AED 1,269 per sqft for 1,024 sqft. The unit has 3 registered sales; the first was AED 998,450 in March 2013.

What is the rent for unit 1306?

AED 65,000 a year on the contract renewed on 5 February 2020. The previous contract, from February 2019, was AED 65,000.

How big is unit 1306?

1,024 sqft (95.1 sqm): a two-bedroom apartment on the 13th floor of a 16-storey tower completed in 2013.

What is unit 1306 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 1306, Park Central

Starts from the last sale price (AED 1.3M, 15 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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