2-bed · 1,296 sqftPark Central, Business Bay · 14th floor · completed 2013

1401, Park Central

Sold prices and rental history: sold 4 times, last in January 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 10 June 2026
Last soldAED 1.5M2 January 2025
Current rentAED 110K /yr10 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, Park Central

What is 1401 worth today?

Last sold for AED 1,500,000 in 2025

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10 Jun 2026RentedRenewal
AED 110,000/yr12 months · AED 85 per sqft
10 Jun 2025RentedNew contract
AED 110,000/yr12 months · AED 85 per sqft
2 Jan 2025SoldReady
AED 1,500,000AED 1,157 per sqft
31 Aug 2023RentedRenewal
AED 90,000/yr12 months · AED 70 per sqft
23 Aug 2022RentedNew contract
AED 75,000/yr12 months · AED 58 per sqft
12 May 2020RentedNew contract
AED 55,000/yr12 months · AED 43 per sqft
1 Nov 2018RentedRenewal
AED 90,000/yr12 months · AED 70 per sqft
1 Nov 2017RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 10 June 2026.

Key facts

Type
2-bed apartment
Size
1,296 sqft
Floor
14th of 16
Parking
B1-74, B1-75
Developer
DAMAC
Completed
2013
Service charge
AED 24,300 /yr
Last sold
AED 1.5M · January 2025
Building
Park Central

About 1401, Park Central

1401 is a two-bedroom apartment of 1,296 sqft on the 14th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 2 January 2025 for AED 1,500,000, or AED 1,157 per sqft, 7% above the AED 1,078 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 10 June 2026, is AED 110,000 a year: a gross yield of 7.3% on the 2025 price, before the service charge of about AED 24,300 a year.

Sales and rents for 1401 over time

Sales
Unit 1401, each saleTypical two-bed in Park Central
1M2M2012201620202024Typical 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, December 2012: AED 2,220,521 (AED 1,713 per sqft)Sold, October 2014: AED 2,220,521 (AED 1,713 per sqft)Sold, April 2016: AED 600,000 (AED 462 per sqft)Sold, January 2025: AED 1,500,000 (AED 1,157 per sqft)

1401 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1401, 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, June 2016: AED 120,000 a yearNew contract, November 2017: AED 100,000 a yearRenewal, November 2018: AED 90,000 a yearNew contract, May 2020: AED 55,000 a yearNew contract, August 2022: AED 75,000 a yearRenewal, August 2023: AED 90,000 a yearNew contract, June 2025: AED 110,000 a yearRenewal, June 2026: AED 110,000 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 1401 sits

All 39 2-beds →

1401 last sold in January 2025 at AED 1,157 per sqft, 7% above what two-beds in Park Central were fetching at the time (AED 1,078). 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. 1401's AED 110,000 is in the upper 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
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 14th floor

All 136 units in Park Central
Value
14021-bedAED 750K · Oct 2023
14031-bedAED 850K · Feb 2024
14041-bedAED 860K · Mar 2014
1405StudioAED 502K · Jun 2014
14062-bedAED 1.5M · May 2014
1407StudioAED 664K · Jun 2014
1408StudioAED 650K · Sep 2024
1–7 of 9

1401, Park Central in numbers

  • Sold 4 times: first on 24 December 2012 for AED 2,220,521, last on 2 January 2025 for AED 1,500,000 (AED 1,157 per sqft).
  • Rented since June 2016 on 8 Ejari contracts. The rent fell from AED 120,000 to AED 55,000 in 2020 and recovered to AED 110,000 by June 2026.
  • At AED 110,000 a year the gross yield on the 2025 price is 7.3%, 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 10 June 2026.

Questions about 1401, Park Central

What did unit 1401 last sell for?

AED 1,500,000 on 2 January 2025: AED 1,157 per sqft for 1,296 sqft. The unit has 4 registered sales; the first was AED 2,220,521 in December 2012.

What is the rent for unit 1401?

AED 110,000 a year on the contract renewed on 10 June 2026. The previous contract, from June 2025, was AED 110,000; the unit has been rented since June 2016.

How big is unit 1401?

1,296 sqft (120.4 sqm): a two-bedroom apartment on the 14th floor of a 16-storey tower completed in 2013.

What is unit 1401 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 1401, Park Central

Starts from the last sale price (AED 1.5M, 2 January 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 →