405, Park Central
Sold prices and rental history: sold 5 times, last in August 2025, 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 405, Park Central
What is 405 worth today?
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Source: Dubai Land Department. Updated 20 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 324 sqft
- Floor
- 4th of 16
- Parking
- P-26
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 6,100 /yr
- Last sold
- AED 625K · August 2025
- Building
- Park Central
About 405, Park Central
405 is a studio of 324 sqft on the 4th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 18 August 2025 for AED 625,000, or AED 1,929 per sqft, 52% above the AED 1,265 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 20 December 2025, is AED 60,000 a year: a gross yield of 9.6% on the 2025 price, before the service charge of about AED 6,100 a year.
Sales and rents for 405 over time
405 has sold 5 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 405 sits
All 46 studios →405 last sold in August 2025 at AED 1,929 per sqft, 52% above what studios in Park Central were fetching at the time (AED 1,265). 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. 405'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 4th floor
All 136 units in Park Central| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,391 sqft | AED 1.4MAED 1,400,000 · Jun 2024June 2024 | 118,000 /yr | |
| 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 | |
| 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 |
405, Park Central in numbers
- Sold 5 times: first on 22 November 2012 for AED 409,500, last on 18 August 2025 for AED 625,000 (AED 1,929 per sqft).
- Rented since April 2015 on 9 Ejari contracts. The rent fell from AED 63,000 to AED 22,000 in 2021 and recovered to AED 60,000 by December 2025.
- At AED 60,000 a year the gross yield on the 2025 price is 9.6%, before a service charge of about AED 6,100 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 20 December 2025.
Questions about 405, Park Central
What did unit 405 last sell for?
AED 625,000 on 18 August 2025: AED 1,929 per sqft for 324 sqft. The unit has 5 registered sales; the first was AED 409,500 in November 2012.
What is the rent for unit 405?
AED 60,000 a year on the contract signed on 20 December 2025. The previous contract, from December 2025, was AED 60,000; the unit has been rented since April 2015.
How big is unit 405?
324 sqft (30.1 sqm): a studio on the 4th floor of a 16-storey tower completed in 2013.
What is unit 405 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 405, Park Central
Starts from the last sale price (AED 625K, 18 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 625,000
- Deposit, UAE resident (20%)
- AED 125,000
- Deposit, non-resident (40%)
- AED 250,000
- Monthly over 25 years at 3.7%
- AED 2,557
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →