1-bed · 632 sqftPark Central, Business Bay · 6th floor · completed 2013

604, Park Central

Sold prices and rental history: sold 4 times, last in October 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 1M21 October 2014
Current rentAED 60K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Park Central

What is 604 worth today?

Last sold for AED 1,000,000 in 2014

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1 Jun 2024RentedRenewal
AED 59,520/yr12 months · AED 94 per sqft
1 Jun 2023RentedRenewal
AED 51,750/yr12 months · AED 81 per sqft
1 Jun 2022RentedRenewal
AED 45,000/yr12 months · AED 71 per sqft
1 Jun 2021RentedRenewal
AED 40,000/yr12 months · AED 63 per sqft
1 Jun 2020RentedNew contract
AED 40,000/yr12 months · AED 63 per sqft
10 Mar 2019RentedRenewal
AED 60,000/yr12 months · AED 94 per sqft
21 Oct 2014SoldReady
AED 1,000,000AED 1,582 per sqft
16 Jun 2014SoldReady
AED 331,100AED 524 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
1-bed apartment
Size
632 sqft
Floor
6th of 16
Parking
P-45
Developer
DAMAC
Completed
2013
Service charge
AED 11,900 /yr
Last sold
AED 1M · October 2014
Building
Park Central

About 604, Park Central

604 is a one-bedroom apartment of 632 sqft on the 6th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 21 October 2014 for AED 1,000,000, or AED 1,582 per sqft, 25% above the AED 1,263 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 59,520 a year: a gross yield of 5.9% on the 2014 price, before the service charge of about AED 11,900 a year.

Sales and rents for 604 over time

Sales
Unit 604, 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, November 2012: AED 662,200 (AED 1,048 per sqft)Sold, March 2013: AED 331,100 (AED 524 per sqft)Sold, June 2014: AED 331,100 (AED 524 per sqft)Sold, October 2014: AED 1,000,000 (AED 1,582 per sqft)

604 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 604, 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 72,000Renewal, March 2019: AED 60,000 a yearNew contract, June 2020: AED 40,000 a yearRenewal, June 2021: AED 40,000 a yearRenewal, June 2022: AED 45,000 a yearRenewal, June 2023: AED 51,750 a yearRenewal, June 2024: AED 59,520 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 604 sits

All 51 1-beds →

604 last sold in October 2014 at AED 1,582 per sqft, 25% above what one-beds in Park Central were fetching at the time (AED 1,263). 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. 604's AED 59,520 is in the lower 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 6th floor

All 136 units in Park Central
Value
6012-bedAED 1.4M · Jun 2025
6021-bedAED 930K · Jul 2024
6031-bedAED 650K · Apr 2021
605StudioAED 470K · Sep 2023
6062-bedAED 1.14M · Feb 2014
607StudioAED 650K · Dec 2025
608StudioAED 660K · Oct 2025
1–7 of 9

604, Park Central in numbers

  • Sold 4 times: first on 22 November 2012 for AED 662,200, last on 21 October 2014 for AED 1,000,000 (AED 1,582 per sqft).
  • Rented since March 2019 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2021 and recovered to AED 59,520 by June 2024.
  • At AED 59,520 a year the gross yield on the 2014 price is 5.9%, before a service charge of about AED 11,900 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 1 June 2024.

Questions about 604, Park Central

What did unit 604 last sell for?

AED 1,000,000 on 21 October 2014: AED 1,582 per sqft for 632 sqft. The unit has 4 registered sales; the first was AED 662,200 in November 2012.

What is the rent for unit 604?

AED 59,520 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 51,750; the unit has been rented since March 2019.

How big is unit 604?

632 sqft (58.7 sqm): a one-bedroom apartment on the 6th floor of a 16-storey tower completed in 2013.

What is unit 604 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 604, Park Central

Starts from the last sale price (AED 1M, 21 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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