Studio · 856 sqftPark Central, Business Bay · 3rd floor · completed 2013

304, Park Central

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 28 October 2025
Last soldAED 625K28 November 2023
Current rentAED 80K /yr28 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Park Central

What is 304 worth today?

Last sold for AED 625,000 in 2023

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28 Oct 2025RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
1 Oct 2025RentedRenewal
AED 55,000/yr12 months · AED 65 per sqft
1 Oct 2024RentedNew contract
AED 95,000/yr12 months · AED 112 per sqft
28 Nov 2023SoldReady
AED 625,000AED 730 per sqft
1 Oct 2022RentedRenewal
AED 38,000/yr12 months · AED 45 per sqft
1 Oct 2021RentedRenewal
AED 31,000/yr12 months · AED 36 per sqft
1 Sep 2020RentedNew contract
AED 32,000/yr13 months · AED 38 per sqft
27 Apr 2014SoldReady
AED 881,000AED 1,029 per sqft

Source: Dubai Land Department. Updated 28 October 2025.

Key facts

Type
Studio apartment
Size
856 sqft
Floor
3rd of 16
Parking
P-16
Developer
DAMAC
Completed
2013
Service charge
AED 16,100 /yr
Last sold
AED 625K · November 2023
Building
Park Central

About 304, Park Central

304 is a studio of 856 sqft on the 3rd floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 28 November 2023 for AED 625,000, or AED 730 per sqft, 45% below the AED 1,334 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 28 October 2025, is AED 80,000 a year: a gross yield of 12.8% on the 2023 price, before the service charge of about AED 16,100 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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 881,000 (AED 1,029 per sqft)Sold, April 2014: AED 881,000 (AED 1,029 per sqft)Sold, November 2023: AED 625,000 (AED 730 per sqft)

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

Rents
Unit 304, 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, September 2020: AED 32,000 a yearRenewal, October 2021: AED 31,000 a yearRenewal, October 2022: AED 38,000 a yearNew contract, October 2024: AED 95,000 a yearNew contract, October 2025: AED 80,000 a yearRenewal, October 2025: AED 55,000 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 304 sits

All 46 studios →

304 last sold in November 2023 at AED 730 per sqft, 45% below 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. 304's AED 80,000 is in the upper 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
303StudioAED 1.2M · Jun 2025
305StudioAED 831K · Jul 2014
306StudioAED 750K · May 2014
307StudioAED 640K · Aug 2025

304, Park Central in numbers

  • Sold 3 times: first on 24 November 2013 for AED 881,000, last on 28 November 2023 for AED 625,000 (AED 730 per sqft).
  • Rented since April 2014 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 31,000 in 2021 and recovered to AED 80,000 by October 2025.
  • At AED 80,000 a year the gross yield on the 2023 price is 12.8%, before a service charge of about AED 16,100 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 28 October 2025.

Questions about 304, Park Central

What did unit 304 last sell for?

AED 625,000 on 28 November 2023: AED 730 per sqft for 856 sqft. The unit has 3 registered sales; the first was AED 881,000 in November 2013.

What is the rent for unit 304?

AED 80,000 a year on the contract signed on 28 October 2025. The previous contract, from October 2025, was AED 55,000; the unit has been rented since April 2014.

How big is unit 304?

856 sqft (79.5 sqm): a studio on the 3rd floor of a 16-storey tower completed in 2013.

What is unit 304 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 304, Park Central

Starts from the last sale price (AED 625K, 28 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

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