Studio · 438 sqftPark Central, Business Bay · 16th floor · completed 2013

1608, Park Central

Sold prices and rental history: sold 3 times, last in August 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 22 August 2025
Last soldAED 615K22 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, Park Central

What is 1608 worth today?

Last sold for AED 615,000 in 2025

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22 Aug 2025SoldReady
AED 615,000AED 1,404 per sqft
8 Feb 2015SoldReady
AED 833,000AED 1,901 per sqft
23 Dec 2014Sold by developerReady
AED 656,985AED 1,500 per sqft

Source: Dubai Land Department. Updated 22 August 2025.

Key facts

Type
Studio apartment
Size
438 sqft
Floor
16th of 16
Parking
B2-29
Developer
DAMAC
Completed
2013
Service charge
AED 8,200 /yr
Last sold
AED 615K · August 2025
Building
Park Central

About 1608, Park Central

1608 is a studio of 438 sqft on the 16th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 22 August 2025 for AED 615,000, or AED 1,404 per sqft, 5% above the AED 1,334 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1608 over time

Sales
Unit 1608, each saleTypical studio in Park Central
400K600K800K2012201620202024Typical sale price by year: 2012 AED 455,000; 2013 AED 649,950; 2014 AED 605,250; 2015 AED 750,000; 2017 AED 640,000; 2023 AED 600,000; 2024 AED 595,000; 2025 AED 640,000; 2026 AED 590,000Sold by developer, December 2014: AED 656,985 (AED 1,500 per sqft)Sold, February 2015: AED 833,000 (AED 1,901 per sqft)Sold, August 2025: AED 615,000 (AED 1,404 per sqft)

1608 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1608, each contractTypical studio in Park Central
40K60K2014201820222026Typical rent by year: 2014 AED 65,000; 2015 AED 64,000; 2016 AED 63,000; 2017 AED 55,000; 2018 AED 45,000; 2019 AED 40,000; 2020 AED 30,000; 2021 AED 30,000; 2022 AED 38,000; 2023 AED 45,000; 2024 AED 52,500; 2025 AED 55,000; 2026 AED 52,900

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 1608 sits

All 46 studios →

1608 last sold in August 2025 at AED 1,404 per sqft, 5% above what studios in Park Central were fetching at the time (AED 1,334). 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.

Recent studio salesUnit no.Price (AED)Summary
2 Nov 2026540,000
23 Jun 2026585,000
18 May 2026595,000
2 Feb 2026650,000
5 studio 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
16041-bedAED 1.1M · Oct 2025
1605StudioAED 584K · Feb 2015
16062-bedAED 1.49M · Dec 2014
1607StudioAED 600K · Oct 2025
1–7 of 9

1608, Park Central in numbers

  • Sold 3 times: first on 23 December 2014 for AED 656,985, last on 22 August 2025 for AED 615,000 (AED 1,404 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 22 August 2025.

Questions about 1608, Park Central

What did unit 1608 last sell for?

AED 615,000 on 22 August 2025: AED 1,404 per sqft for 438 sqft. The unit has 3 registered sales; the first was AED 656,985 in December 2014.

How big is unit 1608?

438 sqft (40.7 sqm): a studio on the 16th floor of a 16-storey tower completed in 2013.

What is unit 1608 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 1608, Park Central

Starts from the last sale price (AED 615K, 22 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 615,000
Deposit, UAE resident (20%)
AED 123,000
Deposit, non-resident (40%)
AED 246,000
Monthly over 25 years at 3.7%
AED 2,516

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