509, Park Central
Sold prices and rental history: sold 3 times, last in July 2026, 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 509, Park Central
What is 509 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 13 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,158 sqft
- Floor
- 5th of 16
- Parking
- P-40
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 21,700 /yr
- Last sold
- AED 1.35M · July 2026
- Building
- Park Central
About 509, Park Central
509 is a two-bedroom apartment of 1,158 sqft on the 5th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 13 July 2026 for AED 1,350,000, or AED 1,165 per sqft, in line with the AED 1,149 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 25 October 2024, is AED 84,700 a year: a gross yield of 6.3% on the 2026 price, before the service charge of about AED 21,700 a year.
Sales and rents for 509 over time
509 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 509 sits
All 39 2-beds →509 last sold in July 2026 at AED 1,165 per sqft, in line with what two-beds in Park Central were fetching at the time (AED 1,149). 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. 509's AED 84,700 is in the lower 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 | ||
| 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 | ||
| 9 Mar 20269 March 2026 | 1,324 sqft | 1,500,000 | 1,132 |
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 5th floor
All 136 units in Park Central| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,423 sqft | AED 930KAED 930,000 · Apr 2019April 2019 | ||
| 502 | 1-bed | 706 sqft | AED 894KAED 894,000 · Mar 2014March 2014 | 68,736 /yr | |
| 503 | 1-bed | 955 sqft | AED 1.15MAED 1,145,709 · Nov 2017November 2017 | 85,000 /yr | |
| 504 | 1-bed | 710 sqft | AED 732KAED 731,500 · Jul 2014July 2014 | 70,000 /yr | |
| 505 | Studio | 341 sqft | AED 340KAED 340,000 · Mar 2014March 2014 | 46,000 /yr | |
| 506 | 2-bed | 1,110 sqft | AED 1.14MAED 1,143,000 · Apr 2014April 2014 | 85,000 /yr | |
| 507 | Studio | 458 sqft | AED 693KAED 693,380 · Mar 2014March 2014 | 52,000 /yr | |
| 508 | Studio | 454 sqft | AED 650KAED 650,000 · Feb 2026February 2026 | 53,000 /yr | |
| 510 | 1-bed | 739 sqft | AED 1.28MAED 1,275,059 · Apr 2014April 2014 | 68,000 /yr |
509, Park Central in numbers
- Sold 3 times: first on 22 November 2012 for AED 1,189,300, last on 13 July 2026 for AED 1,350,000 (AED 1,165 per sqft).
- Rented since September 2015 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 50,000 in 2021 and recovered to AED 84,700 by October 2024.
- At AED 84,700 a year the gross yield on the 2026 price is 6.3%, before a service charge of about AED 21,700 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 13 July 2026.
Questions about 509, Park Central
What did unit 509 last sell for?
AED 1,350,000 on 13 July 2026: AED 1,165 per sqft for 1,158 sqft. The unit has 3 registered sales; the first was AED 1,189,300 in November 2012.
What is the rent for unit 509?
AED 84,700 a year on the contract renewed on 25 October 2024. The previous contract, from October 2023, was AED 72,000; the unit has been rented since September 2015.
How big is unit 509?
1,158 sqft (107.6 sqm): a two-bedroom apartment on the 5th floor of a 16-storey tower completed in 2013.
What is unit 509 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.
Selling 509? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 509, Park Central
Starts from the last sale price (AED 1.35M, 13 July 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →