1-bed · 955 sqftPark Central, Business Bay · 5th floor · completed 2013

503, Park Central

Sold prices and rental history: sold 3 times, last in November 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 20 October 2025
Last soldAED 1.15M5 November 2017
Current rentAED 85K /yr20 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Park Central

What is 503 worth today?

Last sold for AED 1,145,709 in 2017

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20 Oct 2025RentedNew contract
AED 85,000/yr12 months · AED 89 per sqft
1 Oct 2019RentedRenewal
AED 64,000/yr12 months · AED 67 per sqft
1 Oct 2018RentedRenewal
AED 70,000/yr12 months · AED 73 per sqft
5 Nov 2017SoldReady
AED 1,145,709AED 1,199 per sqft
1 Oct 2017RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft
24 Sep 2014RentedNew contract
AED 90,000/yr12 months · AED 94 per sqft
3 Aug 2014SoldReady
AED 1,194,800AED 1,251 per sqft
2 Jan 2013Sold by developerOff-plan
AED 1,194,800AED 1,251 per sqft

Source: Dubai Land Department. Updated 20 October 2025.

Key facts

Type
1-bed apartment
Size
955 sqft
Floor
5th of 16
Parking
P-34
Developer
DAMAC
Completed
2013
Service charge
AED 17,900 /yr
Last sold
AED 1.15M · November 2017
Building
Park Central

About 503, Park Central

503 is a one-bedroom apartment of 955 sqft on the 5th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 5 November 2017 for AED 1,145,709, or AED 1,199 per sqft.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 20 October 2025, is AED 85,000 a year: a gross yield of 7.4% on the 2017 price, before the service charge of about AED 17,900 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, January 2013: AED 1,194,800 (AED 1,251 per sqft)Sold, August 2014: AED 1,194,800 (AED 1,251 per sqft)Sold, November 2017: AED 1,145,709 (AED 1,199 per sqft)

503 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 503, each contractTypical one-bed in Park Central
50K75K2014201820222026Typical 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, September 2014: AED 90,000 a yearNew contract, October 2017: AED 80,000 a yearRenewal, October 2018: AED 70,000 a yearRenewal, October 2019: AED 64,000 a yearNew contract, October 2025: AED 85,000 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 503 sits

All 51 1-beds →

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. 503's AED 85,000 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 5th floor

All 136 units in Park Central
Value
5012-bedAED 930K · Apr 2019
5021-bedAED 894K · Mar 2014
5041-bedAED 732K · Jul 2014
505StudioAED 340K · Mar 2014
5062-bedAED 1.14M · Apr 2014
507StudioAED 693K · Mar 2014
508StudioAED 650K · Feb 2026
1–7 of 9

503, Park Central in numbers

  • Sold 3 times: first on 2 January 2013 for AED 1,194,800, last on 5 November 2017 for AED 1,145,709 (AED 1,199 per sqft).
  • Rented since September 2014 on 5 Ejari contracts. The rent fell from AED 90,000 to AED 64,000 in 2019 and recovered to AED 85,000 by October 2025.
  • At AED 85,000 a year the gross yield on the 2017 price is 7.4%, before a service charge of about AED 17,900 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 20 October 2025.

Questions about 503, Park Central

What did unit 503 last sell for?

AED 1,145,709 on 5 November 2017: AED 1,199 per sqft for 955 sqft. The unit has 3 registered sales; the first was AED 1,194,800 in January 2013.

What is the rent for unit 503?

AED 85,000 a year on the contract signed on 20 October 2025. The previous contract, from October 2019, was AED 64,000; the unit has been rented since September 2014.

How big is unit 503?

955 sqft (88.7 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2013.

What is unit 503 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 503, Park Central

Starts from the last sale price (AED 1.15M, 5 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,145,709
Deposit, UAE resident (20%)
AED 229,142
Deposit, non-resident (40%)
AED 458,284
Monthly over 25 years at 3.7%
AED 4,687

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