1-bed · 823 sqftPark Central, Business Bay · 15th floor · completed 2013

1503, Park Central

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold 3 times, last in April 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1503 · DLD and Ejari recordsUpdated 25 April 2019

Last soldAED 750K25 April 2019

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Today's valuefree after one verification

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Property timeline for 1503, Park Central

Today

What is 1503 worth today?

Last sold for AED 750,000 in 2019

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25 Apr 2019

25 Apr 2019SoldReady

AED 750,000AED 910 per sqft

10 Feb 2015

10 Feb 2015SoldReady

AED 1,000,000AED 1,214 per sqft

20 Oct 2014

20 Oct 2014Sold by developerReady

AED 1,234,500AED 1,499 per sqft

Source: Dubai Land Department. Updated 25 April 2019.

Key facts

Type: 1-bed apartment
Size: 823 sqft
Floor: 15th of 16
Parking: B2-13
Developer: DAMAC
Completed: 2013
Service charge: AED 15,500 /yr
Last sold: AED 750K · April 2019
Building: Park Central

About 1503, Park Central

1503 is a one-bedroom apartment of 823 sqft on the 15th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 25 April 2019 for AED 750,000, or AED 910 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1503 over time

Sales

Unit 1503, each saleTypical one-bed in Park Central

1503 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1503, each contractTypical one-bed in Park Central

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Park Central, and where 1503 sits

All 51 1-beds →

1-beds in Park Central · last 12 months1,238 /sqft Park Central · all types1,221 /sqft

Over the last 12 months one-beds sold for AED 850,000 to 888,803, around AED 1,238 per sqft, and rent for AED 40,000 to 100,000 a year.

Recent 1-bed sales	Size	Price (AED)	Per sqft
21 May 202621 May 2026	844 sqft	888,803	1,053
17 Mar 202617 March 2026	702 sqft	870,000	1,238
9 Dec 20259 December 2025	634 sqft	850,000	1,340
14 Oct 202514 October 2025	620 sqft	1,100,000	1,773

3 1-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 15th floor

All 136 units in Park Central


1501	2-bed	1,266 sqft	AED 1.35MAED 1,350,000 · Mar 2024March 2024	130,000 /yr
1502	1-bed	700 sqft	AED 1.05MAED 1,050,700 · Oct 2014October 2014	55,000 /yr
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

1–7 of 9

1503, Park Central in numbers

Sold 3 times: first on 20 October 2014 for AED 1,234,500, last on 25 April 2019 for AED 750,000 (AED 910 per sqft).
One-beds in Park Central sold for AED 850,000–888,803 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 25 April 2019.

Questions about 1503, Park Central

What did unit 1503 last sell for?

AED 750,000 on 25 April 2019: AED 910 per sqft for 823 sqft. The unit has 3 registered sales; the first was AED 1,234,500 in October 2014.

How big is unit 1503?

823 sqft (76.5 sqm): a one-bedroom apartment on the 15th floor of a 16-storey tower completed in 2013.

What is unit 1503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Central sold for AED 850,000 to 888,803 in the last 12 months, around AED 1,238 per sqft.

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Mortgage on 1503, Park Central

Starts from the last sale price (AED 750K, 25 April 2019). Switch to today's estimate once you have unlocked it.

Price: AED 750,000
Deposit, UAE resident (20%): AED 150,000
Deposit, non-resident (40%): AED 300,000
Monthly over 25 years at 3.7%: AED 3,068

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →