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Studio · 1,060 sqftPark Central, Business Bay · 3rd floor · completed 2013

303, Park Central

Sold prices and rental history: sold 3 times, last in June 2025, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 18 June 2025
Last soldAED 1.2M18 June 2025
Current rentAED 65K /yr4 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 303, Park Central

What is 303 worth today?

Last sold for AED 1,200,000 in 2025

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18 Jun 2025SoldReady
AED 1,200,000AED 1,131 per sqft
1 Feb 2024SoldReady
AED 600,000AED 565 per sqft
4 Apr 2017RentedRenewal
AED 65,000/yr12 months · AED 61 per sqft
4 Apr 2016RentedNew contract
AED 65,000/yr12 months · AED 61 per sqft
28 Dec 2015Sold by developerReady
AED 1,060,000AED 999 per sqft

Source: Dubai Land Department. Updated 18 June 2025.

Key facts

Type
Studio apartment
Size
1,060 sqft
Floor
3rd of 16
Parking
P-15
Developer
DAMAC
Completed
2013
Service charge
AED 19,900 /yr
Last sold
AED 1.2M · June 2025
Building
Park Central

About 303, Park Central

303 is a studio of 1,060 sqft on the 3rd floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 18 June 2025 for AED 1,200,000, or AED 1,131 per sqft, 11% below the AED 1,265 studios in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 4 April 2017, is AED 65,000 a year: a gross yield of 5.4% on the 2025 price, before the service charge of about AED 19,900 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical studio in Park Central
500K1M2012201620202024Typical 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 2015: AED 1,060,000 (AED 999 per sqft)Sold, February 2024: AED 600,000 (AED 565 per sqft)Sold, June 2025: AED 1,200,000 (AED 1,131 per sqft)

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

Rents
Unit 303, 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 52,900New contract, April 2016: AED 65,000 a yearRenewal, April 2017: AED 65,000 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 303 sits

All 46 studios →

303 last sold in June 2025 at AED 1,131 per sqft, 11% below what studios in Park Central were fetching at the time (AED 1,265). 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. 303's AED 65,000 is in the lower half 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
302StudioAED 890K · Dec 2024
304StudioAED 625K · Nov 2023
305StudioAED 831K · Jul 2014
306StudioAED 750K · May 2014
307StudioAED 640K · Aug 2025

303, Park Central in numbers

  • Sold 3 times: first on 28 December 2015 for AED 1,060,000, last on 18 June 2025 for AED 1,200,000 (AED 1,131 per sqft).
  • Rented since April 2016 on 2 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2025 price is 5.4%, before a service charge of about AED 19,900 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 June 2025.

Questions about 303, Park Central

What did unit 303 last sell for?

AED 1,200,000 on 18 June 2025: AED 1,131 per sqft for 1,060 sqft. The unit has 3 registered sales; the first was AED 1,060,000 in December 2015.

What is the rent for unit 303?

AED 65,000 a year on the contract renewed on 4 April 2017. The previous contract, from April 2016, was AED 65,000.

How big is unit 303?

1,060 sqft (98.5 sqm): a studio on the 3rd floor of a 16-storey tower completed in 2013.

What is unit 303 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 303, Park Central

Starts from the last sale price (AED 1.2M, 18 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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