701, Park Central
Sold prices and rental history: sold twice, last in November 2015, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Park Central
What is 701 worth today?
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Source: Dubai Land Department. Updated 9 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,324 sqft
- Floor
- 7th of 16
- Parking
- P-52
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 24,900 /yr
- Last sold
- AED 1.7M · November 2015
- Building
- Park Central
About 701, Park Central
701 is a two-bedroom apartment of 1,324 sqft on the 7th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 15 November 2015 for AED 1,700,000, or AED 1,284 per sqft, 9% below the AED 1,404 two-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 9 October 2025, is AED 120,000 a year: a gross yield of 7.1% on the 2015 price, before the service charge of about AED 24,900 a year.
Sales and rents for 701 over time
701 has sold twice; 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 701 sits
All 39 2-beds →701 last sold in November 2015 at AED 1,284 per sqft, 9% below what two-beds in Park Central were fetching at the time (AED 1,404). 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. 701's AED 120,000 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 7th floor
All 136 units in Park Central| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 702 sqft | AED 750KAED 750,000 · Mar 2014March 2014 | ||
| 703 | 1-bed | 866 sqft | AED 1.03MAED 1,030,000 · Mar 2017March 2017 | 74,792 /yr | |
| 704 | 1-bed | 641 sqft | AED 666KAED 665,700 · Mar 2014March 2014 | 72,000 /yr | |
| 705 | Studio | 340 sqft | AED 650KAED 650,000 · Oct 2025October 2025 | 60,000 /yr | |
| 706 | 2-bed | 1,115 sqft | AED 1.53MAED 1,530,000 · Dec 2023December 2023 | 115,000 /yr | |
| 707 | Studio | 450 sqft | AED 610KAED 610,000 · Aug 2024August 2024 | 52,000 /yr | |
| 708 | Studio | 453 sqft | AED 551KAED 550,900 · Feb 2014February 2014 | 52,000 /yr | |
| 709 | 2-bed | 1,146 sqft | AED 1.4MAED 1,400,000 · Oct 2026October 2026 | 100,000 /yr | |
| 710 | 1-bed | 683 sqft | AED 600KAED 600,000 · Jun 2022June 2022 | 73,000 /yr |
701, Park Central in numbers
- Sold twice: first on 9 September 2014 for AED 1,740,700, last on 15 November 2015 for AED 1,700,000 (AED 1,284 per sqft).
- Rented since November 2014 on 3 Ejari contracts, from AED 122,500 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2015 price is 7.1%, before a service charge of about AED 24,900 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 9 October 2025.
Questions about 701, Park Central
What did unit 701 last sell for?
AED 1,700,000 on 15 November 2015: AED 1,284 per sqft for 1,324 sqft. The unit has 2 registered sales; the first was AED 1,740,700 in September 2014.
What is the rent for unit 701?
AED 120,000 a year on the contract signed on 9 October 2025. The previous contract, from December 2015, was AED 120,000; the unit has been rented since November 2014.
How big is unit 701?
1,324 sqft (123.0 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2013.
What is unit 701 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 701, Park Central
Starts from the last sale price (AED 1.7M, 15 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →