409, Park Central
Sold prices and rental history: sold 3 times, last in January 2017, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Park Central
What is 409 worth today?
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Source: Dubai Land Department. Updated 1 January 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,142 sqft
- Floor
- 4th of 16
- Parking
- P-30
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 21,400 /yr
- Last sold
- AED 1.4M · January 2017
- Building
- Park Central
About 409, Park Central
409 is a two-bedroom apartment of 1,142 sqft on the 4th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 3 January 2017 for AED 1,400,000, or AED 1,225 per sqft, in line with the AED 1,203 two-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 1 January 2020, is AED 110,000 a year: a gross yield of 7.9% on the 2017 price, before the service charge of about AED 21,400 a year.
Sales and rents for 409 over time
409 has sold 3 times; 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 409 sits
All 39 2-beds →409 last sold in January 2017 at AED 1,225 per sqft, in line with what two-beds in Park Central were fetching at the time (AED 1,203). 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. 409's AED 110,000 is in the upper half 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 | |
| 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 | |
| 410 | 1-bed | 738 sqft | AED 777KAED 777,000 · Mar 2014March 2014 | 71,400 /yr |
409, Park Central in numbers
- Sold 3 times: first on 16 January 2013 for AED 1,592,360, last on 3 January 2017 for AED 1,400,000 (AED 1,225 per sqft).
- Rented since January 2018 on 3 Ejari contracts, at AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2017 price is 7.9%, before a service charge of about AED 21,400 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 1 January 2020.
Questions about 409, Park Central
What did unit 409 last sell for?
AED 1,400,000 on 3 January 2017: AED 1,225 per sqft for 1,142 sqft. The unit has 3 registered sales; the first was AED 1,592,360 in January 2013.
What is the rent for unit 409?
AED 110,000 a year on the contract renewed on 1 January 2020. The previous contract, from January 2019, was AED 110,000; the unit has been rented since January 2018.
How big is unit 409?
1,142 sqft (106.1 sqm): a two-bedroom apartment on the 4th floor of a 16-storey tower completed in 2013.
What is unit 409 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 409, Park Central
Starts from the last sale price (AED 1.4M, 3 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →