1406, Park Central
Sold prices and rental history: sold once, by the developer 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.
Property timeline for 1406, Park Central
What is 1406 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 2 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,001 sqft
- Floor
- 14th of 16
- Parking
- B2-05
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 18,800 /yr
- Last sold
- AED 1.5M · May 2014
- Building
- Park Central
About 1406, Park Central
1406 is a two-bedroom apartment of 1,001 sqft on the 14th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. The developer sold it on 11 May 2014 for AED 1,501,950, or AED 1,500 per sqft, 37% above the AED 1,092 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 2 October 2025, is AED 90,000 a year: a gross yield of 6.0% on the 2014 price, before the service charge of about AED 18,800 a year.
Sales and rents for 1406 over time
1406 has sold once; 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 1406 sits
All 39 2-beds →1406 last sold in May 2014 at AED 1,500 per sqft, 37% above what two-beds in Park Central were fetching at the time (AED 1,092). 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. 1406'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 14th floor
All 136 units in Park Central| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,296 sqft | AED 1.5MAED 1,500,000 · Jan 2025January 2025 | 110,000 /yr | |
| 1402 | 1-bed | 686 sqft | AED 750KAED 750,000 · Oct 2023October 2023 | 75,000 /yr | |
| 1403 | 1-bed | 844 sqft | AED 850KAED 850,000 · Feb 2024February 2024 | 40,000 /yr | |
| 1404 | 1-bed | 631 sqft | AED 860KAED 860,000 · Mar 2014March 2014 | ||
| 1405 | Studio | 334 sqft | AED 502KAED 501,600 · Jun 2014June 2014 | 50,000 /yr | |
| 1407 | Studio | 443 sqft | AED 664KAED 664,050 · Jun 2014June 2014 | 55,000 /yr | |
| 1408 | Studio | 442 sqft | AED 650KAED 650,000 · Sep 2024September 2024 | 40,000 /yr | |
| 1409 | 2-bed | 1,033 sqft | AED 500KAED 500,000 · Jan 2021January 2021 | 100,000 /yr | |
| 1410 | 1-bed | 679 sqft | AED 1.1MAED 1,100,000 · Nov 2014November 2014 | 95,000 /yr |
1406, Park Central in numbers
- Sold once: by DAMAC on 11 May 2014 for AED 1,501,950, or AED 1,500 per sqft.
- Rented since August 2014 on 8 Ejari contracts. The rent fell from AED 135,000 to AED 60,000 in 2024 and recovered to AED 90,000 by October 2025.
- At AED 90,000 a year the gross yield on the 2014 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 2 October 2025.
Questions about 1406, Park Central
What did unit 1406 last sell for?
AED 1,501,950 on 11 May 2014, sold by the developer: AED 1,500 per sqft for 1,001 sqft. It is the only registered sale of the unit.
What is the rent for unit 1406?
AED 90,000 a year on the contract signed on 2 October 2025. The previous contract, from January 2025, was AED 100,000; the unit has been rented since August 2014.
How big is unit 1406?
1,001 sqft (93.0 sqm): a two-bedroom apartment on the 14th floor of a 16-storey tower completed in 2013.
What is unit 1406 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.
Selling 1406? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1406, Park Central
Starts from the last sale price (AED 1.5M, 11 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,501,950
- Deposit, UAE resident (20%)
- AED 300,390
- Deposit, non-resident (40%)
- AED 600,780
- Monthly over 25 years at 3.7%
- AED 6,145
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →