401, Park Central
Sold prices and rental history: sold 7 times, last in June 2024, 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 401, Park Central
What is 401 worth today?
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Source: Dubai Land Department. Updated 1 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,391 sqft
- Floor
- 4th of 16
- Parking
- P-20
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 26,100 /yr
- Last sold
- AED 1.4M · June 2024
- Building
- Park Central
About 401, Park Central
401 is a two-bedroom apartment of 1,391 sqft on the 4th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 14 June 2024 for AED 1,400,000, or AED 1,006 per sqft, 8% below the AED 1,089 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 1 January 2025, is AED 118,000 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 26,100 a year.
Sales and rents for 401 over time
401 has sold 7 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Park Central, and where 401 sits
All 39 2-beds →401 last sold in June 2024 at AED 1,006 per sqft, 8% below what two-beds in Park Central were fetching at the time (AED 1,089). Over the last 12 months two-beds sold for AED 1,073,183 to 1,555,000, around AED 1,165 per sqft, and rent for AED 80,000 to 130,000 a year. 401's AED 118,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 1,146 sqft | 1,400,000 | 1,221 | ||
| 13 Jul 202613 July 2026 | 1,158 sqft | 1,350,000 | 1,165 | ||
| 27 Mar 202627 March 2026 | 1,296 sqft | 1,555,000 | 1,199 | ||
| 17 Mar 202617 March 2026 | 1,032 sqft | 1,280,000 | 1,240 |
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 4th floor
All 136 units in Park Central| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 344 sqft | AED 515KAED 515,000 · May 2016May 2016 | 65,000 /yr | |
| 403 | 1-bed | 938 sqft | AED 590KAED 590,000 · Oct 2020October 2020 | 90,000 /yr | |
| 404 | 1-bed | 712 sqft | AED 850KAED 850,000 · Aug 2024August 2024 | 82,000 /yr | |
| 405 | Studio | 324 sqft | AED 625KAED 625,000 · Aug 2025August 2025 | 60,000 /yr | |
| 406 | 2-bed | 1,093 sqft | AED 1.45MAED 1,450,000 · Feb 2014February 2014 | 80,000 /yr | |
| 407 | Studio | 458 sqft | AED 540KAED 540,000 · Nov 2026November 2026 | 51,005 /yr | |
| 408 | Studio | 450 sqft | AED 600KAED 600,000 · Feb 2023February 2023 | 50,000 /yr | |
| 409 | 2-bed | 1,142 sqft | AED 1.4MAED 1,400,000 · Jan 2017January 2017 | 110,000 /yr | |
| 410 | 1-bed | 738 sqft | AED 777KAED 777,000 · Mar 2014March 2014 | 71,400 /yr |
401, Park Central in numbers
- Sold 7 times: first on 24 November 2013 for AED 1,866,800, last on 14 June 2024 for AED 1,400,000 (AED 1,006 per sqft).
- Rented since May 2015 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 50,000 in 2021 and recovered to AED 118,000 by January 2025.
- At AED 118,000 a year the gross yield on the 2024 price is 8.4%, before a service charge of about AED 26,100 a year (AED 18.77 per sqft).
- Two-beds in Park Central sold for AED 1,073,183–1,555,000 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 January 2025.
Questions about 401, Park Central
What did unit 401 last sell for?
AED 1,400,000 on 14 June 2024: AED 1,006 per sqft for 1,391 sqft. The unit has 7 registered sales; the first was AED 1,866,800 in November 2013.
What is the rent for unit 401?
AED 118,000 a year on the contract signed on 1 January 2025. The previous contract, from November 2022, was AED 85,000; the unit has been rented since May 2015.
How big is unit 401?
1,391 sqft (129.2 sqm): a two-bedroom apartment on the 4th floor of a 16-storey tower completed in 2013.
What is unit 401 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Park Central sold for AED 1,073,183 to 1,555,000 in the last 12 months, around AED 1,165 per sqft.
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Mortgage on 401, Park Central
Starts from the last sale price (AED 1.4M, 14 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →