1-bed · 712 sqftPark Central, Business Bay · 4th floor · completed 2013

404, Park Central

Sold prices and rental history: sold 6 times, last in August 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 19 December 2025
Last soldAED 850K16 August 2024
Current rentAED 82K /yr19 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Park Central

What is 404 worth today?

Last sold for AED 850,000 in 2024

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19 Dec 2025RentedNew contract
AED 82,000/yr12 months · AED 115 per sqft
16 Aug 2024SoldReady
AED 850,000AED 1,194 per sqft
14 Dec 2023SoldReady
AED 1,150,000AED 1,615 per sqft
20 Oct 2022RentedNew contract
AED 60,000/yr12 months · AED 84 per sqft
30 May 2021SoldReady
AED 634,000AED 890 per sqft
13 May 2020SoldReady
AED 480,000AED 674 per sqft
15 Oct 2018RentedRenewal
AED 60,000/yr12 months · AED 84 per sqft
15 Oct 2017RentedNew contract
AED 70,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 19 December 2025.

Key facts

Type
1-bed apartment
Size
712 sqft
Floor
4th of 16
Parking
P-25
Developer
DAMAC
Completed
2013
Service charge
AED 13,400 /yr
Last sold
AED 850K · August 2024
Building
Park Central

About 404, Park Central

404 is a one-bedroom apartment of 712 sqft on the 4th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 16 August 2024 for AED 850,000, or AED 1,194 per sqft, 5% below the AED 1,257 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 19 December 2025, is AED 82,000 a year: a gross yield of 9.7% on the 2024 price, before the service charge of about AED 13,400 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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 896,100 (AED 1,258 per sqft)Sold, August 2014: AED 896,100 (AED 1,258 per sqft)Sold, May 2020: AED 480,000 (AED 674 per sqft)Sold, May 2021: AED 634,000 (AED 890 per sqft)Sold, December 2023: AED 1,150,000 (AED 1,615 per sqft)Sold, August 2024: AED 850,000 (AED 1,194 per sqft)

404 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 404, each contractTypical one-bed in Park Central
40K60K80K2014201820222026Typical 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, October 2017: AED 70,000 a yearRenewal, October 2018: AED 60,000 a yearNew contract, October 2022: AED 60,000 a yearNew contract, December 2025: AED 82,000 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 404 sits

All 51 1-beds →

404 last sold in August 2024 at AED 1,194 per sqft, 5% below what one-beds in Park Central were fetching at the time (AED 1,257). 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. 404's AED 82,000 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
4031-bedAED 590K · Oct 2020
405StudioAED 625K · Aug 2025
4062-bedAED 1.45M · Feb 2014
407StudioAED 540K · Nov 2026
408StudioAED 600K · Feb 2023
1–7 of 9

404, Park Central in numbers

  • Sold 6 times: first on 13 December 2012 for AED 896,100, last on 16 August 2024 for AED 850,000 (AED 1,194 per sqft).
  • Rented since October 2017 on 4 Ejari contracts. The rent fell from AED 70,000 to AED 60,000 in 2022 and recovered to AED 82,000 by December 2025.
  • At AED 82,000 a year the gross yield on the 2024 price is 9.7%, before a service charge of about AED 13,400 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 19 December 2025.

Questions about 404, Park Central

What did unit 404 last sell for?

AED 850,000 on 16 August 2024: AED 1,194 per sqft for 712 sqft. The unit has 6 registered sales; the first was AED 896,100 in December 2012.

What is the rent for unit 404?

AED 82,000 a year on the contract signed on 19 December 2025. The previous contract, from October 2022, was AED 60,000; the unit has been rented since October 2017.

How big is unit 404?

712 sqft (66.1 sqm): a one-bedroom apartment on the 4th floor of a 16-storey tower completed in 2013.

What is unit 404 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 404, Park Central

Starts from the last sale price (AED 850K, 16 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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