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1-bed · 620 sqftPark Central, Business Bay · 16th floor · completed 2013

1604, Park Central

Sold prices and rental history: sold 4 times, last in October 2025, and rented once, from October 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 14 October 2025
Last soldAED 1.1M14 October 2025
Current rentAED 72K /yr13 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1604, Park Central

What is 1604 worth today?

Last sold for AED 1,100,000 in 2025

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14 Oct 2025SoldReady
AED 1,100,000AED 1,773 per sqft
28 Nov 2023SoldReady
AED 850,000AED 1,370 per sqft
13 Oct 2018RentedNew contract
AED 71,500/yr12 months · AED 115 per sqft
30 Mar 2015SoldReady
AED 1,050,000AED 1,693 per sqft
23 Dec 2014Sold by developerReady
AED 930,330AED 1,500 per sqft

Source: Dubai Land Department. Updated 14 October 2025.

Key facts

Type
1-bed apartment
Size
620 sqft
Floor
16th of 16
Parking
B2-25
Developer
DAMAC
Completed
2013
Service charge
AED 11,600 /yr
Last sold
AED 1.1M · October 2025
Building
Park Central

About 1604, Park Central

1604 is a one-bedroom apartment of 620 sqft on the 16th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 14 October 2025 for AED 1,100,000, or AED 1,773 per sqft, 57% above the AED 1,127 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 October 2018. The current contract, signed on 13 October 2018, is AED 71,500 a year: a gross yield of 6.5% on the 2025 price, before the service charge of about AED 11,600 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, each saleTypical one-bed in Park Central
500K750K1M2012201620202024Typical sale price by year: 2012 AED 898,050; 2013 AED 860,000; 2014 AED 1,000,000; 2015 AED 1,025,000; 2020 AED 590,000; 2022 AED 642,500; 2023 AED 775,000; 2024 AED 850,000; 2025 AED 800,000Sold by developer, December 2014: AED 930,330 (AED 1,500 per sqft)Sold, March 2015: AED 1,050,000 (AED 1,693 per sqft)Sold, November 2023: AED 850,000 (AED 1,370 per sqft)Sold, October 2025: AED 1,100,000 (AED 1,773 per sqft)

1604 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1604, each contractTypical one-bed in Park Central
40K60K80K2014201820222026Typical rent by year: 2014 AED 85,000; 2015 AED 85,000; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 65,000; 2019 AED 55,000; 2020 AED 45,500; 2021 AED 42,000; 2022 AED 51,750; 2023 AED 57,077; 2024 AED 67,750; 2025 AED 72,000; 2026 AED 72,000New contract, October 2018: AED 71,500 a year

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 1604 sits

All 51 1-beds →

1604 last sold in October 2025 at AED 1,773 per sqft, 57% above what one-beds in Park Central were fetching at the time (AED 1,127). 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. 1604's AED 71,500 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 May 2026888,803
17 Mar 2026870,000
9 Dec 2025850,000
10 Sep 2025800,000
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 16th floor

All 136 units in Park Central
Value
16012-bedAED 1.89M · Jan 2015
16021-bedAED 890K · Jun 2024
16031-bedAED 1.23M · Dec 2014
1605StudioAED 584K · Feb 2015
16062-bedAED 1.49M · Dec 2014
1607StudioAED 600K · Oct 2025
1608StudioAED 615K · Aug 2025
1–7 of 9

1604, Park Central in numbers

  • Sold 4 times: first on 23 December 2014 for AED 930,330, last on 14 October 2025 for AED 1,100,000 (AED 1,773 per sqft).
  • Rented since October 2018 on one Ejari contract, at AED 71,500 a year.
  • At AED 71,500 a year the gross yield on the 2025 price is 6.5%, 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 14 October 2025.

Questions about 1604, Park Central

What did unit 1604 last sell for?

AED 1,100,000 on 14 October 2025: AED 1,773 per sqft for 620 sqft. The unit has 4 registered sales; the first was AED 930,330 in December 2014.

What is the rent for unit 1604?

AED 71,500 a year on the contract signed on 13 October 2018.

How big is unit 1604?

620 sqft (57.6 sqm): a one-bedroom apartment on the 16th floor of a 16-storey tower completed in 2013.

What is unit 1604 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 1604, Park Central

Starts from the last sale price (AED 1.1M, 14 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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