1501, Park Central
Sold prices and rental history: sold 5 times, last in March 2024, 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 1501, Park Central
What is 1501 worth today?
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Source: Dubai Land Department. Updated 11 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,266 sqft
- Floor
- 15th of 16
- Parking
- B2-11
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 23,800 /yr
- Last sold
- AED 1.35M · March 2024
- Building
- Park Central
About 1501, Park Central
1501 is a two-bedroom apartment of 1,266 sqft on the 15th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 15 March 2024 for AED 1,350,000, or AED 1,066 per sqft, in line with the AED 1,089 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 11 December 2025, is AED 130,000 a year: a gross yield of 9.6% on the 2024 price, before the service charge of about AED 23,800 a year.
Sales and rents for 1501 over time
1501 has sold 5 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 1501 sits
All 39 2-beds →1501 last sold in March 2024 at AED 1,066 per sqft, in line with what two-beds in Park Central were fetching at the time (AED 1,089). 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. 1501's AED 130,000 is at the top 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 15th floor
All 136 units in Park Central| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 1-bed | 700 sqft | AED 1.05MAED 1,050,700 · Oct 2014October 2014 | 55,000 /yr | |
| 1503 | 1-bed | 823 sqft | AED 750KAED 750,000 · Apr 2019April 2019 | ||
| 1504 | 1-bed | 620 sqft | AED 830KAED 830,000 · Aug 2024August 2024 | 60,000 /yr | |
| 1505 | Studio | 340 sqft | AED 550KAED 550,000 · Feb 2017February 2017 | 61,500 /yr | |
| 1506 | 2-bed | 1,092 sqft | AED 1.19MAED 1,190,000 · Feb 2024February 2024 | 82,000 /yr | |
| 1507 | Studio | 384 sqft | AED 450KAED 450,000 · Sep 2018September 2018 | 50,000 /yr | |
| 1508 | Studio | 448 sqft | AED 750KAED 750,000 · Jun 2015June 2015 | 55,000 /yr | |
| 1509 | 2-bed | 1,074 sqft | AED 1.01MAED 1,010,000 · Feb 2019February 2019 | 105,000 /yr | |
| 1510 | 1-bed | 670 sqft | AED 650KAED 650,000 · Jan 2020January 2020 | 50,000 /yr |
1501, Park Central in numbers
- Sold 5 times: first on 13 December 2012 for AED 1,376,200, last on 15 March 2024 for AED 1,350,000 (AED 1,066 per sqft).
- Rented since October 2014 on 8 Ejari contracts. The rent fell from AED 115,000 to AED 55,000 in 2021 and recovered to AED 130,000 by December 2025.
- At AED 130,000 a year the gross yield on the 2024 price is 9.6%, before a service charge of about AED 23,800 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 11 December 2025.
Questions about 1501, Park Central
What did unit 1501 last sell for?
AED 1,350,000 on 15 March 2024: AED 1,066 per sqft for 1,266 sqft. The unit has 5 registered sales; the first was AED 1,376,200 in December 2012.
What is the rent for unit 1501?
AED 130,000 a year on the contract signed on 11 December 2025. The previous contract, from June 2024, was AED 100,000; the unit has been rented since October 2014.
How big is unit 1501?
1,266 sqft (117.6 sqm): a two-bedroom apartment on the 15th floor of a 16-storey tower completed in 2013.
What is unit 1501 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 1501, Park Central
Starts from the last sale price (AED 1.35M, 15 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →