407, Park Central
Sold prices and rental history: sold 5 times, last in November 2026, 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 407, Park Central
What is 407 worth today?
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Source: Dubai Land Department. Updated 2 November 2026.
Key facts
- Type
- Studio apartment
- Size
- 458 sqft
- Floor
- 4th of 16
- Parking
- P-28
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 8,600 /yr
- Last sold
- AED 540K · November 2026
- Building
- Park Central
About 407, Park Central
407 is a studio of 458 sqft on the 4th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 2 November 2026 for AED 540,000, or AED 1,180 per sqft, 12% below the AED 1,343 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 51,005 a year: a gross yield of 9.4% on the 2026 price, before the service charge of about AED 8,600 a year.
Sales and rents for 407 over time
407 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 407 sits
All 46 studios →407 last sold in November 2026 at AED 1,180 per sqft, 12% below what studios in Park Central were fetching at the time (AED 1,343). 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. 407's AED 51,005 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 30 Dec 202530 December 2025 | 458 sqft | 650,000 | 1,420 |
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 | |
| 406 | 2-bed | 1,093 sqft | AED 1.45MAED 1,450,000 · Feb 2014February 2014 | 80,000 /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 |
407, Park Central in numbers
- Sold 5 times: first on 9 May 2013 for AED 653,800, last on 2 November 2026 for AED 540,000 (AED 1,180 per sqft).
- Rented since March 2014 on 8 Ejari contracts. The rent fell from AED 72,000 to AED 32,000 in 2021 and recovered to AED 51,005 by February 2025.
- At AED 51,005 a year the gross yield on the 2026 price is 9.4%, before a service charge of about AED 8,600 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 2 November 2026.
Questions about 407, Park Central
What did unit 407 last sell for?
AED 540,000 on 2 November 2026: AED 1,180 per sqft for 458 sqft. The unit has 5 registered sales; the first was AED 653,800 in May 2013.
What is the rent for unit 407?
AED 51,005 a year on the contract renewed on 1 February 2025. The previous contract, from February 2024, was AED 48,576; the unit has been rented since March 2014.
How big is unit 407?
458 sqft (42.5 sqm): a studio on the 4th floor of a 16-storey tower completed in 2013.
What is unit 407 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 407, Park Central
Starts from the last sale price (AED 540K, 2 November 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 540,000
- Deposit, UAE resident (20%)
- AED 108,000
- Deposit, non-resident (40%)
- AED 216,000
- Monthly over 25 years at 3.7%
- AED 2,209
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →