406, Park Central
Sold prices and rental history: sold twice, last in February 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Park Central
What is 406 worth today?
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Source: Dubai Land Department. Updated 18 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,093 sqft
- Floor
- 4th of 16
- Parking
- P-27
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 20,500 /yr
- Last sold
- AED 1.45M · February 2014
- Building
- Park Central
About 406, Park Central
406 is a two-bedroom apartment of 1,093 sqft on the 4th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 26 February 2014 for AED 1,450,000, or AED 1,326 per sqft, in line with the AED 1,332 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 18 June 2026, is AED 80,000 a year: a gross yield of 5.5% on the 2014 price, before the service charge of about AED 20,500 a year.
Sales and rents for 406 over time
406 has sold twice; 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 406 sits
All 39 2-beds →406 last sold in February 2014 at AED 1,326 per sqft, in line with what two-beds in Park Central were fetching at the time (AED 1,332). 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. 406's AED 80,000 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 405 | Studio | 324 sqft | AED 625KAED 625,000 · Aug 2025August 2025 | 60,000 /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 |
406, Park Central in numbers
- Sold twice: first on 23 May 2013 for AED 1,450,000, last on 26 February 2014 for AED 1,450,000 (AED 1,326 per sqft).
- Rented since March 2014 on 10 Ejari contracts. The rent fell from AED 105,000 to AED 60,000 in 2020 and recovered to AED 80,000 by June 2026.
- At AED 80,000 a year the gross yield on the 2014 price is 5.5%, before a service charge of about AED 20,500 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 18 June 2026.
Questions about 406, Park Central
What did unit 406 last sell for?
AED 1,450,000 on 26 February 2014: AED 1,326 per sqft for 1,093 sqft. The unit has 2 registered sales; the first was AED 1,450,000 in May 2013.
What is the rent for unit 406?
AED 80,000 a year on the contract renewed on 18 June 2026. The previous contract, from June 2025, was AED 85,000; the unit has been rented since March 2014.
How big is unit 406?
1,093 sqft (101.5 sqm): a two-bedroom apartment on the 4th floor of a 16-storey tower completed in 2013.
What is unit 406 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 406, Park Central
Starts from the last sale price (AED 1.45M, 26 February 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →