306, Park Central
Sold prices and rental history: sold 3 times, last in May 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Park Central
What is 306 worth today?
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Source: Dubai Land Department. Updated 3 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 400 sqft
- Floor
- 3rd of 16
- Parking
- P-18
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 7,500 /yr
- Last sold
- AED 750K · May 2014
- Building
- Park Central
About 306, Park Central
306 is a studio of 400 sqft on the 3rd floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 27 May 2014 for AED 750,000, or AED 1,877 per sqft, 41% above the AED 1,335 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 3 November 2025, is AED 60,000 a year: a gross yield of 8.0% on the 2014 price, before the service charge of about AED 7,500 a year.
Sales and rents for 306 over time
306 has sold 3 times; 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 306 sits
All 46 studios →306 last sold in May 2014 at AED 1,877 per sqft, 41% above what studios in Park Central were fetching at the time (AED 1,335). 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. 306's AED 60,000 is in the lower 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 | |||||
|---|---|---|---|---|---|
| 301 | Studio | 885 sqft | AED 1.15MAED 1,150,097 · Mar 2014March 2014 | 75,000 /yr | |
| 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 | |
| 307 | Studio | 439 sqft | AED 640KAED 640,000 · Aug 2025August 2025 | 63,600 /yr |
306, Park Central in numbers
- Sold 3 times: first on 9 July 2013 for AED 606,000, last on 27 May 2014 for AED 750,000 (AED 1,877 per sqft).
- Rented since March 2015 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 30,000 in 2021 and recovered to AED 60,000 by November 2025.
- At AED 60,000 a year the gross yield on the 2014 price is 8.0%, before a service charge of about AED 7,500 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 3 November 2025.
Questions about 306, Park Central
What did unit 306 last sell for?
AED 750,000 on 27 May 2014: AED 1,877 per sqft for 400 sqft. The unit has 3 registered sales; the first was AED 606,000 in July 2013.
What is the rent for unit 306?
AED 60,000 a year on the contract signed on 3 November 2025. The previous contract, from November 2024, was AED 60,000; the unit has been rented since March 2015.
How big is unit 306?
400 sqft (37.2 sqm): a studio on the 3rd floor of a 16-storey tower completed in 2013.
What is unit 306 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 306, Park Central
Starts from the last sale price (AED 750K, 27 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →