1409, Park Central
Sold prices and rental history: sold 3 times, last in January 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1409, Park Central
What is 1409 worth today?
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Source: Dubai Land Department. Updated 19 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,033 sqft
- Floor
- 14th of 16
- Parking
- B2-08
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 19,400 /yr
- Last sold
- AED 500K · January 2021
- Building
- Park Central
About 1409, Park Central
1409 is a two-bedroom apartment of 1,033 sqft on the 14th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 27 January 2021 for AED 500,000, or AED 484 per sqft.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 19 November 2023, is AED 100,000 a year: a gross yield of 20.0% on the 2021 price, before the service charge of about AED 19,400 a year.
Sales and rents for 1409 over time
1409 has sold 3 times; 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 1409 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. 1409's AED 100,000 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 | |
| 1406 | 2-bed | 1,001 sqft | AED 1.5MAED 1,501,950 · May 2014May 2014 | 90,000 /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 | |
| 1410 | 1-bed | 679 sqft | AED 1.1MAED 1,100,000 · Nov 2014November 2014 | 95,000 /yr |
1409, Park Central in numbers
- Sold 3 times: first on 22 November 2012 for AED 1,173,900, last on 27 January 2021 for AED 500,000 (AED 484 per sqft).
- Rented since August 2016 on 4 Ejari contracts. The rent fell from AED 100,000 to AED 65,000 in 2021 and recovered to AED 100,000 by November 2023.
- At AED 100,000 a year the gross yield on the 2021 price is 20.0%, before a service charge of about AED 19,400 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 19 November 2023.
Questions about 1409, Park Central
What did unit 1409 last sell for?
AED 500,000 on 27 January 2021: AED 484 per sqft for 1,033 sqft. The unit has 3 registered sales; the first was AED 1,173,900 in November 2012.
What is the rent for unit 1409?
AED 100,000 a year on the contract signed on 19 November 2023. The previous contract, from February 2022, was AED 75,000; the unit has been rented since August 2016.
How big is unit 1409?
1,033 sqft (96.0 sqm): a two-bedroom apartment on the 14th floor of a 16-storey tower completed in 2013.
What is unit 1409 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 1409, Park Central
Starts from the last sale price (AED 500K, 27 January 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →