Studio · 439 sqftPark Central, Business Bay · 3rd floor · completed 2013

307, Park Central

Sold prices and rental history: sold 4 times, last in August 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 25 August 2025
Last soldAED 640K25 August 2025
Current rentAED 64K /yr12 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Park Central

What is 307 worth today?

Last sold for AED 640,000 in 2025

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25 Aug 2025SoldReady
AED 640,000AED 1,456 per sqft
12 Sep 2024RentedRenewal
AED 63,600/yr12 months · AED 145 per sqft
12 Sep 2023RentedRenewal
AED 63,600/yr12 months · AED 145 per sqft
12 Sep 2022RentedRenewal
AED 60,000/yr12 months · AED 137 per sqft
12 Sep 2021RentedRenewal
AED 57,600/yr12 months · AED 131 per sqft
11 Mar 2021RentedNew contract
AED 57,282/yr6 months · AED 130 per sqft
10 Feb 2021RentedNew contract
AED 54,000/yr12 months · AED 122 per sqft
1 Sep 2020RentedRenewal
AED 42,480/yr5 months · AED 96 per sqft

Source: Dubai Land Department. Updated 25 August 2025.

Key facts

Type
Studio apartment
Size
439 sqft
Floor
3rd of 16
Parking
P-19
Developer
DAMAC
Completed
2013
Service charge
AED 8,200 /yr
Last sold
AED 640K · August 2025
Building
Park Central

About 307, Park Central

307 is a studio of 439 sqft on the 3rd floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 25 August 2025 for AED 640,000, or AED 1,456 per sqft, 9% above the AED 1,341 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 12 September 2024, is AED 63,600 a year: a gross yield of 9.9% on the 2025 price, before the service charge of about AED 8,200 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical studio in Park Central
600K800K2012201620202024Typical 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, July 2013: AED 660,000 (AED 1,501 per sqft)Sold, March 2014: AED 660,000 (AED 1,501 per sqft)Sold, March 2017: AED 650,000 (AED 1,478 per sqft)Sold, August 2025: AED 640,000 (AED 1,456 per sqft)

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

Rents
Unit 307, each contractTypical studio in Park Central
25K50K75K2014201820222026Typical 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, August 2014: AED 77,000 a yearNew contract, September 2016: AED 67,000 a yearNew contract, September 2019: AED 42,500 a yearRenewal, September 2020: AED 42,480 a yearNew contract, February 2021: AED 54,000 a yearNew contract, March 2021: AED 57,282 a yearRenewal, September 2021: AED 57,600 a yearRenewal, September 2022: AED 60,000 a yearRenewal, September 2023: AED 63,600 a yearRenewal, September 2024: AED 63,600 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 307 sits

All 46 studios →

307 last sold in August 2025 at AED 1,456 per sqft, 9% above what studios in Park Central were fetching at the time (AED 1,341). 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. 307's AED 63,600 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
305StudioAED 831K · Jul 2014
306StudioAED 750K · May 2014

307, Park Central in numbers

  • Sold 4 times: first on 9 July 2013 for AED 660,000, last on 25 August 2025 for AED 640,000 (AED 1,456 per sqft).
  • Rented since August 2014 on 10 Ejari contracts. The rent fell from AED 77,000 to AED 42,480 in 2020 and recovered to AED 63,600 by September 2024.
  • At AED 63,600 a year the gross yield on the 2025 price is 9.9%, before a service charge of about AED 8,200 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 25 August 2025.

Questions about 307, Park Central

What did unit 307 last sell for?

AED 640,000 on 25 August 2025: AED 1,456 per sqft for 439 sqft. The unit has 4 registered sales; the first was AED 660,000 in July 2013.

What is the rent for unit 307?

AED 63,600 a year on the contract renewed on 12 September 2024. The previous contract, from September 2023, was AED 63,600; the unit has been rented since August 2014.

How big is unit 307?

439 sqft (40.8 sqm): a studio on the 3rd floor of a 16-storey tower completed in 2013.

What is unit 307 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 307, Park Central

Starts from the last sale price (AED 640K, 25 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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