1509, Park Central
Sold prices and rental history: sold 3 times, last in February 2019, 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 1509, Park Central
What is 1509 worth today?
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Source: Dubai Land Department. Updated 1 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,074 sqft
- Floor
- 15th of 16
- Parking
- B2-19
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 20,200 /yr
- Last sold
- AED 1.01M · February 2019
- Building
- Park Central
About 1509, Park Central
1509 is a two-bedroom apartment of 1,074 sqft on the 15th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 11 February 2019 for AED 1,010,000, or AED 940 per sqft.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 105,000 a year: a gross yield of 10.4% on the 2019 price, before the service charge of about AED 20,200 a year.
Sales and rents for 1509 over time
1509 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 1509 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. 1509's AED 105,000 is in the upper 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 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 | ||
| 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 | |
| 1510 | 1-bed | 670 sqft | AED 650KAED 650,000 · Jan 2020January 2020 | 50,000 /yr |
1509, Park Central in numbers
- Sold 3 times: first on 22 November 2012 for AED 1,173,900, last on 11 February 2019 for AED 1,010,000 (AED 940 per sqft).
- Rented since October 2014 on 8 Ejari contracts. The rent fell from AED 120,000 to AED 90,000 in 2017 and recovered to AED 105,000 by July 2026.
- At AED 105,000 a year the gross yield on the 2019 price is 10.4%, before a service charge of about AED 20,200 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 1 July 2026.
Questions about 1509, Park Central
What did unit 1509 last sell for?
AED 1,010,000 on 11 February 2019: AED 940 per sqft for 1,074 sqft. The unit has 3 registered sales; the first was AED 1,173,900 in November 2012.
What is the rent for unit 1509?
AED 105,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 105,000; the unit has been rented since October 2014.
How big is unit 1509?
1,074 sqft (99.8 sqm): a two-bedroom apartment on the 15th floor of a 16-storey tower completed in 2013.
What is unit 1509 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 1509, Park Central
Starts from the last sale price (AED 1.01M, 11 February 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,010,000
- Deposit, UAE resident (20%)
- AED 202,000
- Deposit, non-resident (40%)
- AED 404,000
- Monthly over 25 years at 3.7%
- AED 4,132
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →