1-bed · 938 sqftPark Central, Business Bay · 4th floor · completed 2013

403, Park Central

Sold prices and rental history: sold 3 times, last in October 2020, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 590K21 October 2020
Current rentAED 90K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Park Central

What is 403 worth today?

Last sold for AED 590,000 in 2020

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15 Mar 2025RentedNew contract
AED 90,000/yr12 months · AED 96 per sqft
28 Nov 2021RentedNew contract
AED 48,000/yr12 months · AED 51 per sqft
22 Nov 2020RentedNew contract
AED 43,000/yr12 months · AED 46 per sqft
21 Oct 2020SoldReady
AED 590,000AED 628 per sqft
1 Apr 2019RentedRenewal
AED 60,000/yr12 months · AED 64 per sqft
1 Apr 2018RentedRenewal
AED 60,000/yr12 months · AED 64 per sqft
1 Apr 2017RentedNew contract
AED 80,000/yr12 months · AED 85 per sqft
3 Aug 2014SoldReady
AED 1,194,800AED 1,273 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
1-bed apartment
Size
938 sqft
Floor
4th of 16
Parking
P-24
Developer
DAMAC
Completed
2013
Service charge
AED 17,600 /yr
Last sold
AED 590K · October 2020
Building
Park Central

About 403, Park Central

403 is a one-bedroom apartment of 938 sqft on the 4th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 21 October 2020 for AED 590,000, or AED 628 per sqft, 7% below the AED 674 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 15 March 2025, is AED 90,000 a year: a gross yield of 15.3% on the 2020 price, before the service charge of about AED 17,600 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical one-bed in Park Central
500K1M2012201620202024Typical sale price by year: 2012 AED 898,050; 2013 AED 860,000; 2014 AED 1,000,000; 2015 AED 1,025,000; 2020 AED 590,000; 2022 AED 642,500; 2023 AED 775,000; 2024 AED 850,000; 2025 AED 800,000Sold by developer, December 2012: AED 1,194,800 (AED 1,273 per sqft)Sold, August 2014: AED 1,194,800 (AED 1,273 per sqft)Sold, October 2020: AED 590,000 (AED 628 per sqft)

403 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 403, each contractTypical one-bed in Park Central
50K75K2014201820222026Typical rent by year: 2014 AED 85,000; 2015 AED 85,000; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 65,000; 2019 AED 55,000; 2020 AED 45,500; 2021 AED 42,000; 2022 AED 51,750; 2023 AED 57,077; 2024 AED 67,750; 2025 AED 72,000; 2026 AED 72,000New contract, April 2017: AED 80,000 a yearRenewal, April 2018: AED 60,000 a yearRenewal, April 2019: AED 60,000 a yearNew contract, November 2020: AED 43,000 a yearNew contract, November 2021: AED 48,000 a yearNew contract, March 2025: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Park Central, and where 403 sits

All 51 1-beds →

403 last sold in October 2020 at AED 628 per sqft, 7% below what one-beds in Park Central were fetching at the time (AED 674). Over the last 12 months one-beds sold for AED 850,000 to 888,803, around AED 1,238 per sqft, and rent for AED 40,000 to 100,000 a year. 403's AED 90,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 May 2026888,803
17 Mar 2026870,000
9 Dec 2025850,000
14 Oct 20251,100,000
3 1-bed 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 4th floor

All 136 units in Park Central
Value
4012-bedAED 1.4M · Jun 2024
4021-bedAED 515K · May 2016
4041-bedAED 850K · Aug 2024
405StudioAED 625K · Aug 2025
4062-bedAED 1.45M · Feb 2014
407StudioAED 540K · Nov 2026
408StudioAED 600K · Feb 2023
1–7 of 9

403, Park Central in numbers

  • Sold 3 times: first on 13 December 2012 for AED 1,194,800, last on 21 October 2020 for AED 590,000 (AED 628 per sqft).
  • Rented since April 2017 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 43,000 in 2020 and recovered to AED 90,000 by March 2025.
  • At AED 90,000 a year the gross yield on the 2020 price is 15.3%, before a service charge of about AED 17,600 a year (AED 18.77 per sqft).
  • One-beds in Park Central sold for AED 850,000–888,803 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 15 March 2025.

Questions about 403, Park Central

What did unit 403 last sell for?

AED 590,000 on 21 October 2020: AED 628 per sqft for 938 sqft. The unit has 3 registered sales; the first was AED 1,194,800 in December 2012.

What is the rent for unit 403?

AED 90,000 a year on the contract signed on 15 March 2025. The previous contract, from November 2021, was AED 48,000; the unit has been rented since April 2017.

How big is unit 403?

938 sqft (87.1 sqm): a one-bedroom apartment on the 4th floor of a 16-storey tower completed in 2013.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Central sold for AED 850,000 to 888,803 in the last 12 months, around AED 1,238 per sqft.

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Mortgage on 403, Park Central

Starts from the last sale price (AED 590K, 21 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 590,000
Deposit, UAE resident (20%)
AED 118,000
Deposit, non-resident (40%)
AED 236,000
Monthly over 25 years at 3.7%
AED 2,414

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