Studio · 839 sqftPark Central, Business Bay · 3rd floor · completed 2013

302, Park Central

Sold prices and rental history: sold 4 times, last in December 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 18 August 2026
Last soldAED 890K23 December 2024
Current rentAED 90K /yr18 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Park Central

What is 302 worth today?

Last sold for AED 890,000 in 2024

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18 Aug 2026RentedRenewal
AED 90,486/yr6 months · AED 108 per sqft
18 Aug 2025RentedNew contract
AED 100,000/yr12 months · AED 119 per sqft
23 Dec 2024SoldReady
AED 890,000AED 1,060 per sqft
5 Oct 2024RentedNew contract
AED 96,000/yr12 months · AED 114 per sqft
21 May 2024RentedNew contract
AED 75,000/yr12 months · AED 89 per sqft
15 Mar 2024RentedNew contract
AED 68,571/yr14 months · AED 82 per sqft
7 Feb 2024SoldReady
AED 765,000AED 911 per sqft
1 Dec 2022RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 18 August 2026.

Key facts

Type
Studio apartment
Size
839 sqft
Floor
3rd of 16
Parking
P-14
Developer
DAMAC
Completed
2013
Service charge
AED 15,800 /yr
Last sold
AED 890K · December 2024
Building
Park Central

About 302, Park Central

302 is a studio of 839 sqft on the 3rd floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 23 December 2024 for AED 890,000, or AED 1,060 per sqft, 9% below the AED 1,163 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 18 August 2026, is AED 90,486 a year: a gross yield of 10.2% on the 2024 price, before the service charge of about AED 15,800 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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, November 2013: AED 859,000 (AED 1,023 per sqft)Sold, April 2014: AED 859,000 (AED 1,023 per sqft)Sold, February 2024: AED 765,000 (AED 911 per sqft)Sold, December 2024: AED 890,000 (AED 1,060 per sqft)

302 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 302, each contractTypical studio in Park Central
50K100K2014201820222026Typical 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 52,900New contract, April 2014: AED 65,000 a yearNew contract, April 2016: AED 67,000 a yearNew contract, June 2018: AED 51,000 a yearRenewal, June 2019: AED 46,000 a yearRenewal, June 2020: AED 41,000 a yearNew contract, November 2021: AED 35,000 a yearNew contract, December 2022: AED 50,000 a yearNew contract, March 2024: AED 68,571 a yearNew contract, May 2024: AED 75,000 a yearNew contract, October 2024: AED 96,000 a yearNew contract, August 2025: AED 100,000 a yearRenewal, August 2026: AED 90,486 a year

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 302 sits

All 46 studios →

302 last sold in December 2024 at AED 1,060 per sqft, 9% below what studios in Park Central were fetching at the time (AED 1,163). 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. 302's AED 90,486 is at the top of that range.

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 3rd floor

All 136 units in Park Central
Value
301StudioAED 1.15M · Mar 2014
303StudioAED 1.2M · Jun 2025
304StudioAED 625K · Nov 2023
305StudioAED 831K · Jul 2014
306StudioAED 750K · May 2014
307StudioAED 640K · Aug 2025

302, Park Central in numbers

  • Sold 4 times: first on 24 November 2013 for AED 859,000, last on 23 December 2024 for AED 890,000 (AED 1,060 per sqft).
  • Rented since April 2014 on 12 Ejari contracts. The rent fell from AED 65,000 to AED 35,000 in 2021 and recovered to AED 90,486 by August 2026.
  • At AED 90,486 a year the gross yield on the 2024 price is 10.2%, before a service charge of about AED 15,800 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 18 August 2026.

Questions about 302, Park Central

What did unit 302 last sell for?

AED 890,000 on 23 December 2024: AED 1,060 per sqft for 839 sqft. The unit has 4 registered sales; the first was AED 859,000 in November 2013.

What is the rent for unit 302?

AED 90,486 a year on the contract renewed on 18 August 2026. The previous contract, from August 2025, was AED 100,000; the unit has been rented since April 2014.

How big is unit 302?

839 sqft (77.9 sqm): a studio on the 3rd floor of a 16-storey tower completed in 2013.

What is unit 302 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 302, Park Central

Starts from the last sale price (AED 890K, 23 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 890,000
Deposit, UAE resident (20%)
AED 178,000
Deposit, non-resident (40%)
AED 356,000
Monthly over 25 years at 3.7%
AED 3,641

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