1504, Park Central
Sold prices and rental history: sold 3 times, last in August 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 1504, Park Central
What is 1504 worth today?
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Source: Dubai Land Department. Updated 26 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 620 sqft
- Floor
- 15th of 16
- Parking
- B2-14
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 11,600 /yr
- Last sold
- AED 830K · August 2024
- Building
- Park Central
About 1504, Park Central
1504 is a one-bedroom apartment of 620 sqft on the 15th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 26 August 2024 for AED 830,000, or AED 1,338 per sqft, in line with the AED 1,301 one-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 16 January 2023, is AED 60,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 11,600 a year.
Sales and rents for 1504 over time
1504 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1504 sits
All 51 1-beds →1504 last sold in August 2024 at AED 1,338 per sqft, in line with what one-beds in Park Central were fetching at the time (AED 1,301). 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. 1504's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 1503 | 1-bed | 823 sqft | AED 750KAED 750,000 · Apr 2019April 2019 | ||
| 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 |
1504, Park Central in numbers
- Sold 3 times: first on 29 October 2012 for AED 1,125,640, last on 26 August 2024 for AED 830,000 (AED 1,338 per sqft).
- Rented since March 2014 on 8 Ejari contracts. The rent fell from AED 84,545 to AED 43,000 in 2021 and recovered to AED 60,000 by January 2023.
- At AED 60,000 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 11,600 a year (AED 18.77 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 26 August 2024.
Questions about 1504, Park Central
What did unit 1504 last sell for?
AED 830,000 on 26 August 2024: AED 1,338 per sqft for 620 sqft. The unit has 3 registered sales; the first was AED 1,125,640 in October 2012.
What is the rent for unit 1504?
AED 60,000 a year on the contract signed on 16 January 2023. The previous contract, from October 2021, was AED 43,000; the unit has been rented since March 2014.
How big is unit 1504?
620 sqft (57.6 sqm): a one-bedroom apartment on the 15th floor of a 16-storey tower completed in 2013.
What is unit 1504 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 1504, Park Central
Starts from the last sale price (AED 830K, 26 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 830,000
- Deposit, UAE resident (20%)
- AED 166,000
- Deposit, non-resident (40%)
- AED 332,000
- Monthly over 25 years at 3.7%
- AED 3,396
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →