Studio · 622 sqftPark Central, Business Bay · 3rd floor · completed 2013

305, Park Central

Sold prices and rental history: sold twice, last in July 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 831K23 July 2014
Current rentAED 58K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Park Central

What is 305 worth today?

Last sold for AED 830,700 in 2014

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1 Dec 2025RentedRenewal
AED 58,000/yr12 months · AED 93 per sqft
1 Dec 2024RentedNew contract
AED 55,000/yr12 months · AED 88 per sqft
20 Oct 2023RentedRenewal
AED 46,200/yr12 months · AED 74 per sqft
20 Oct 2022RentedNew contract
AED 42,000/yr12 months · AED 68 per sqft
15 Mar 2020RentedNew contract
AED 34,000/yr12 months · AED 55 per sqft
10 Jan 2020RentedNew contract
AED 35,000/yr12 months · AED 56 per sqft
23 Jul 2014SoldReady
AED 830,700AED 1,335 per sqft
24 Nov 2013Sold by developerOff-plan
AED 830,700AED 1,335 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
Studio apartment
Size
622 sqft
Floor
3rd of 16
Parking
P-17
Developer
DAMAC
Completed
2013
Service charge
AED 11,700 /yr
Last sold
AED 831K · July 2014
Building
Park Central

About 305, Park Central

305 is a studio of 622 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 July 2014 for AED 830,700, or AED 1,335 per sqft, in line with the AED 1,343 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 58,000 a year: a gross yield of 7.0% on the 2014 price, before the service charge of about AED 11,700 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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 830,700 (AED 1,335 per sqft)Sold, July 2014: AED 830,700 (AED 1,335 per sqft)

305 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 305, 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, January 2020: AED 35,000 a yearNew contract, March 2020: AED 34,000 a yearNew contract, October 2022: AED 42,000 a yearRenewal, October 2023: AED 46,200 a yearNew contract, December 2024: AED 55,000 a yearRenewal, December 2025: AED 58,000 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 305 sits

All 46 studios →

305 last sold in July 2014 at AED 1,335 per sqft, in line with what studios in Park Central were fetching at the time (AED 1,343). 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. 305's AED 58,000 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
303StudioAED 1.2M · Jun 2025
304StudioAED 625K · Nov 2023
306StudioAED 750K · May 2014
307StudioAED 640K · Aug 2025

305, Park Central in numbers

  • Sold twice: first on 24 November 2013 for AED 830,700, last on 23 July 2014 for AED 830,700 (AED 1,335 per sqft).
  • Rented since January 2020 on 6 Ejari contracts, from AED 35,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2014 price is 7.0%, before a service charge of about AED 11,700 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 December 2025.

Questions about 305, Park Central

What did unit 305 last sell for?

AED 830,700 on 23 July 2014: AED 1,335 per sqft for 622 sqft. The unit has 2 registered sales; the first was AED 830,700 in November 2013.

What is the rent for unit 305?

AED 58,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 55,000; the unit has been rented since January 2020.

How big is unit 305?

622 sqft (57.8 sqm): a studio on the 3rd floor of a 16-storey tower completed in 2013.

What is unit 305 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 305, Park Central

Starts from the last sale price (AED 831K, 23 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 830,700
Deposit, UAE resident (20%)
AED 166,140
Deposit, non-resident (40%)
AED 332,280
Monthly over 25 years at 3.7%
AED 3,399

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