602, Park Central
Sold prices and rental history: sold twice, last in July 2024, 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 602, Park Central
What is 602 worth today?
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Source: Dubai Land Department. Updated 31 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 690 sqft
- Floor
- 6th of 16
- Parking
- P-43
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 13,000 /yr
- Last sold
- AED 930K · July 2024
- Building
- Park Central
About 602, Park Central
602 is a one-bedroom apartment of 690 sqft on the 6th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 31 July 2024 for AED 930,000, or AED 1,347 per sqft, 4% above the AED 1,301 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 13 March 2023, is AED 65,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 13,000 a year.
Sales and rents for 602 over time
602 has sold twice; the dashed line is the one-bed median of each year in the building.
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 602 sits
All 51 1-beds →602 last sold in July 2024 at AED 1,347 per sqft, 4% above what one-beds in Park Central were fetching at the time (AED 1,301). 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. 602's AED 65,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 May 202621 May 2026 | 844 sqft | 888,803 | 1,053 | ||
| 17 Mar 202617 March 2026 | 702 sqft | 870,000 | 1,238 | ||
| 9 Dec 20259 December 2025 | 634 sqft | 850,000 | 1,340 | ||
| 14 Oct 202514 October 2025 | 620 sqft | 1,100,000 | 1,773 |
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 6th floor
All 136 units in Park Central| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,302 sqft | AED 1.4MAED 1,400,000 · Jun 2025June 2025 | 110,000 /yr | |
| 603 | 1-bed | 843 sqft | AED 650KAED 650,000 · Apr 2021April 2021 | 68,000 /yr | |
| 604 | 1-bed | 632 sqft | AED 1MAED 1,000,000 · Oct 2014October 2014 | 59,520 /yr | |
| 605 | Studio | 335 sqft | AED 470KAED 470,000 · Sep 2023September 2023 | 52,800 /yr | |
| 606 | 2-bed | 1,094 sqft | AED 1.14MAED 1,138,200 · Feb 2014February 2014 | 95,000 /yr | |
| 607 | Studio | 458 sqft | AED 650KAED 650,000 · Dec 2025December 2025 | 49,610 /yr | |
| 608 | Studio | 454 sqft | AED 660KAED 660,000 · Oct 2025October 2025 | 64,826 /yr | |
| 609 | 2-bed | 1,141 sqft | AED 1.29MAED 1,285,000 · Feb 2026February 2026 | 107,000 /yr | |
| 610 | 1-bed | 668 sqft | AED 937KAED 937,090 · May 2014May 2014 | 55,000 /yr |
602, Park Central in numbers
- Sold twice: first on 26 November 2013 for AED 1,197,000, last on 31 July 2024 for AED 930,000 (AED 1,347 per sqft).
- Rented since October 2014 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 38,000 in 2021 and recovered to AED 65,000 by March 2023.
- At AED 65,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 13,000 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 31 July 2024.
Questions about 602, Park Central
What did unit 602 last sell for?
AED 930,000 on 31 July 2024: AED 1,347 per sqft for 690 sqft. The unit has 2 registered sales; the first was AED 1,197,000 in November 2013.
What is the rent for unit 602?
AED 65,000 a year on the contract signed on 13 March 2023. The previous contract, from February 2022, was AED 40,000; the unit has been rented since October 2014.
How big is unit 602?
690 sqft (64.1 sqm): a one-bedroom apartment on the 6th floor of a 16-storey tower completed in 2013.
What is unit 602 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 602, Park Central
Starts from the last sale price (AED 930K, 31 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 930,000
- Deposit, UAE resident (20%)
- AED 186,000
- Deposit, non-resident (40%)
- AED 372,000
- Monthly over 25 years at 3.7%
- AED 3,805
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →