1407, Park Central
Sold prices and rental history: sold once, by the developer in June 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 1407, Park Central
What is 1407 worth today?
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Source: Dubai Land Department. Updated 15 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 443 sqft
- Floor
- 14th of 16
- Parking
- B2-06
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 8,300 /yr
- Last sold
- AED 664K · June 2014
- Building
- Park Central
About 1407, Park Central
1407 is a studio of 443 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 June 2014 for AED 664,050, or AED 1,499 per sqft, 12% above the AED 1,343 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 15 November 2025, is AED 55,000 a year: a gross yield of 8.3% on the 2014 price, before the service charge of about AED 8,300 a year.
Sales and rents for 1407 over time
1407 has sold once; the dashed line is the studio median of each year in the building.
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 1407 sits
All 46 studios →1407 last sold in June 2014 at AED 1,499 per sqft, 12% above what studios in Park Central were fetching at the time (AED 1,343). 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. 1407's AED 55,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 458 sqft | 540,000 | 1,180 | ||
| 23 Jun 202623 June 2026 | 450 sqft | 585,000 | 1,299 | ||
| 18 May 202618 May 2026 | 443 sqft | 595,000 | 1,343 | ||
| 2 Feb 20262 February 2026 | 454 sqft | 650,000 | 1,432 |
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 | |
| 1406 | 2-bed | 1,001 sqft | AED 1.5MAED 1,501,950 · May 2014May 2014 | 90,000 /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 |
1407, Park Central in numbers
- Sold once: by DAMAC on 11 June 2014 for AED 664,050, or AED 1,499 per sqft.
- Rented since September 2014 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 28,000 in 2020 and recovered to AED 55,000 by November 2025.
- At AED 55,000 a year the gross yield on the 2014 price is 8.3%, before a service charge of about AED 8,300 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 15 November 2025.
Questions about 1407, Park Central
What did unit 1407 last sell for?
AED 664,050 on 11 June 2014, sold by the developer: AED 1,499 per sqft for 443 sqft. It is the only registered sale of the unit.
What is the rent for unit 1407?
AED 55,000 a year on the contract signed on 15 November 2025. The previous contract, from September 2023, was AED 45,000; the unit has been rented since September 2014.
How big is unit 1407?
443 sqft (41.2 sqm): a studio on the 14th floor of a 16-storey tower completed in 2013.
What is unit 1407 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 1407, Park Central
Starts from the last sale price (AED 664K, 11 June 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 664,050
- Deposit, UAE resident (20%)
- AED 132,810
- Deposit, non-resident (40%)
- AED 265,620
- Monthly over 25 years at 3.7%
- AED 2,717
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →