301, Park Central
Sold prices and rental history: sold once, by the developer in March 2014, 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 301, Park Central
What is 301 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 885 sqft
- Floor
- 3rd of 16
- Parking
- P-13
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 16,600 /yr
- Last sold
- AED 1.15M · March 2014
- Building
- Park Central
About 301, Park Central
301 is a studio of 885 sqft on the 3rd floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. The developer sold it on 18 March 2014 for AED 1,150,097, or AED 1,300 per sqft, 8% below the AED 1,413 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 1 November 2024, is AED 75,000 a year: a gross yield of 6.5% on the 2014 price, before the service charge of about AED 16,600 a year.
Sales and rents for 301 over time
301 has sold once; 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 301 sits
All 46 studios →301 last sold in March 2014 at AED 1,300 per sqft, 8% below what studios in Park Central were fetching at the time (AED 1,413). 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. 301's AED 75,000 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 3rd floor
All 136 units in Park Central| ValueToday's value | |||||
|---|---|---|---|---|---|
| 302 | Studio | 839 sqft | AED 890KAED 890,000 · Dec 2024December 2024 | 90,486 /yr | |
| 303 | Studio | 1,060 sqft | AED 1.2MAED 1,200,000 · Jun 2025June 2025 | 65,000 /yr | |
| 304 | Studio | 856 sqft | AED 625KAED 625,000 · Nov 2023November 2023 | 80,000 /yr | |
| 305 | Studio | 622 sqft | AED 831KAED 830,700 · Jul 2014July 2014 | 58,000 /yr | |
| 306 | Studio | 400 sqft | AED 750KAED 750,000 · May 2014May 2014 | 60,000 /yr | |
| 307 | Studio | 439 sqft | AED 640KAED 640,000 · Aug 2025August 2025 | 63,600 /yr |
301, Park Central in numbers
- Sold once: by DAMAC on 18 March 2014 for AED 1,150,097, or AED 1,300 per sqft.
- Rented since March 2016 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 30,000 in 2021 and recovered to AED 75,000 by November 2024.
- At AED 75,000 a year the gross yield on the 2014 price is 6.5%, before a service charge of about AED 16,600 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 1 November 2024.
Questions about 301, Park Central
What did unit 301 last sell for?
AED 1,150,097 on 18 March 2014, sold by the developer: AED 1,300 per sqft for 885 sqft. It is the only registered sale of the unit.
What is the rent for unit 301?
AED 75,000 a year on the contract signed on 1 November 2024. The previous contract, from December 2021, was AED 30,000; the unit has been rented since March 2016.
How big is unit 301?
885 sqft (82.2 sqm): a studio on the 3rd floor of a 16-storey tower completed in 2013.
What is unit 301 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 301, Park Central
Starts from the last sale price (AED 1.15M, 18 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,097
- Deposit, UAE resident (20%)
- AED 230,019
- Deposit, non-resident (40%)
- AED 460,039
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →