1607, Park Central
Sold prices and rental history: sold 4 times, last in October 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1607, Park Central
What is 1607 worth today?
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Source: Dubai Land Department. Updated 25 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 377 sqft
- Floor
- 16th of 16
- Parking
- B2-28
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 7,100 /yr
- Last sold
- AED 600K · October 2025
- Building
- Park Central
About 1607, Park Central
1607 is a studio of 377 sqft on the 16th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 6 October 2025 for AED 600,000, or AED 1,590 per sqft, 18% above the AED 1,348 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 25 October 2026, is AED 74,380 a year: a gross yield of 12.4% on the 2025 price, before the service charge of about AED 7,100 a year.
Sales and rents for 1607 over time
1607 has sold 4 times; 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 1607 sits
All 46 studios →1607 last sold in October 2025 at AED 1,590 per sqft, 18% above what studios in Park Central were fetching at the time (AED 1,348). 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. 1607's AED 74,380 is in the upper 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 | |
| 1605 | Studio | 334 sqft | AED 584KAED 583,940 · Feb 2015February 2015 | 48,400 /yr | |
| 1606 | 2-bed | 991 sqft | AED 1.49MAED 1,486,245 · Dec 2014December 2014 | 80,000 /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 |
1607, Park Central in numbers
- Sold 4 times: first on 24 December 2014 for AED 565,755, last on 6 October 2025 for AED 600,000 (AED 1,590 per sqft).
- Rented since January 2015 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 30,000 in 2020 and recovered to AED 74,380 by October 2026.
- At AED 74,380 a year the gross yield on the 2025 price is 12.4%, before a service charge of about AED 7,100 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 25 October 2026.
Questions about 1607, Park Central
What did unit 1607 last sell for?
AED 600,000 on 6 October 2025: AED 1,590 per sqft for 377 sqft. The unit has 4 registered sales; the first was AED 565,755 in December 2014.
What is the rent for unit 1607?
AED 74,380 a year on the contract renewed on 25 October 2026. The previous contract, from October 2025, was AED 72,000; the unit has been rented since January 2015.
How big is unit 1607?
377 sqft (35.0 sqm): a studio on the 16th floor of a 16-storey tower completed in 2013.
What is unit 1607 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 1607, Park Central
Starts from the last sale price (AED 600K, 6 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →