1605, Park Central
Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1605, Park Central
What is 1605 worth today?
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Source: Dubai Land Department. Updated 14 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 334 sqft
- Floor
- 16th of 16
- Parking
- B2-26
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 6,300 /yr
- Last sold
- AED 584K · February 2015
- Building
- Park Central
About 1605, Park Central
1605 is a studio of 334 sqft on the 16th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 8 February 2015 for AED 583,940, or AED 1,749 per sqft, 21% above the AED 1,445 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 14 July 2025, is AED 48,400 a year: a gross yield of 8.3% on the 2015 price, before the service charge of about AED 6,300 a year.
Sales and rents for 1605 over time
1605 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Park Central, and where 1605 sits
All 46 studios →1605 last sold in February 2015 at AED 1,749 per sqft, 21% above what studios in Park Central were fetching at the time (AED 1,445). Over the last 12 months studios sold for AED 540,000 to 650,000, around AED 1,343 per sqft, and rent for AED 46,000 to 90,486 a year. 1605's AED 48,400 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 458 sqft | 540,000 | 1,180 | ||
| 23 Jun 202623 June 2026 | 450 sqft | 585,000 | 1,299 | ||
| 18 May 202618 May 2026 | 443 sqft | 595,000 | 1,343 | ||
| 2 Feb 20262 February 2026 | 454 sqft | 650,000 | 1,432 |
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 16th floor
All 136 units in Park Central| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,262 sqft | AED 1.89MAED 1,893,285 · Jan 2015January 2015 | 70,000 /yr | |
| 1602 | 1-bed | 684 sqft | AED 890KAED 890,000 · Jun 2024June 2024 | 69,586 /yr | |
| 1603 | 1-bed | 818 sqft | AED 1.23MAED 1,226,940 · Dec 2014December 2014 | 46,500 /yr | |
| 1604 | 1-bed | 620 sqft | AED 1.1MAED 1,100,000 · Oct 2025October 2025 | 71,500 /yr | |
| 1606 | 2-bed | 991 sqft | AED 1.49MAED 1,486,245 · Dec 2014December 2014 | 80,000 /yr | |
| 1607 | Studio | 377 sqft | AED 600KAED 600,000 · Oct 2025October 2025 | 74,380 /yr | |
| 1608 | Studio | 438 sqft | AED 615KAED 615,000 · Aug 2025August 2025 | ||
| 1609 | 2-bed | 969 sqft | AED 1.45MAED 1,453,305 · Sep 2015September 2015 | 115,000 /yr | |
| 1610 | 1-bed | 672 sqft | AED 1.01MAED 1,007,670 · Dec 2014December 2014 | 47,000 /yr |
1605, Park Central in numbers
- Sold twice: first on 23 December 2014 for AED 500,520, last on 8 February 2015 for AED 583,940 (AED 1,749 per sqft).
- Rented since February 2016 on 4 Ejari contracts. The rent fell from AED 63,000 to AED 37,000 in 2020 and recovered to AED 48,400 by July 2025.
- At AED 48,400 a year the gross yield on the 2015 price is 8.3%, before a service charge of about AED 6,300 a year (AED 18.77 per sqft).
- Studios in Park Central sold for AED 540,000–650,000 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 14 July 2025.
Questions about 1605, Park Central
What did unit 1605 last sell for?
AED 583,940 on 8 February 2015: AED 1,749 per sqft for 334 sqft. The unit has 2 registered sales; the first was AED 500,520 in December 2014.
What is the rent for unit 1605?
AED 48,400 a year on the contract signed on 14 July 2025. The previous contract, from July 2022, was AED 40,000; the unit has been rented since February 2016.
How big is unit 1605?
334 sqft (31.0 sqm): a studio on the 16th floor of a 16-storey tower completed in 2013.
What is unit 1605 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Park Central sold for AED 540,000 to 650,000 in the last 12 months, around AED 1,343 per sqft.
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Mortgage on 1605, Park Central
Starts from the last sale price (AED 584K, 8 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 583,940
- Deposit, UAE resident (20%)
- AED 116,788
- Deposit, non-resident (40%)
- AED 233,576
- Monthly over 25 years at 3.7%
- AED 2,389
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →