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1-bed · 702 sqftPark Central, Business Bay · 7th floor · completed 2013

702, Park Central

Sold prices and rental history: sold twice, last in March 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 12 March 2014
Last soldAED 750K12 March 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 702, Park Central

What is 702 worth today?

Last sold for AED 750,000 in 2014

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12 Mar 2014SoldReady
AED 750,000AED 1,067 per sqft
13 Dec 2012Sold by developerOff-plan
AED 750,000AED 1,067 per sqft

Source: Dubai Land Department. Updated 12 March 2014.

Key facts

Type
1-bed apartment
Size
702 sqft
Floor
7th of 16
Parking
P-53
Developer
DAMAC
Completed
2013
Service charge
AED 13,200 /yr
Last sold
AED 750K · March 2014
Building
Park Central

About 702, Park Central

702 is a one-bedroom apartment of 702 sqft on the 7th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 12 March 2014 for AED 750,000, or AED 1,067 per sqft, 9% below the AED 1,167 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical one-bed in Park Central
600K800K1M2012201620202024Typical 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, December 2012: AED 750,000 (AED 1,067 per sqft)Sold, March 2014: AED 750,000 (AED 1,067 per sqft)

702 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 702, each contractTypical one-bed in Park Central
40K60K80K2014201820222026Typical 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 72,000

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 702 sits

All 51 1-beds →

702 last sold in March 2014 at AED 1,067 per sqft, 9% below what one-beds in Park Central were fetching at the time (AED 1,167). 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.

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 7th floor

All 136 units in Park Central
Value
7012-bedAED 1.7M · Nov 2015
7031-bedAED 1.03M · Mar 2017
7041-bedAED 666K · Mar 2014
705StudioAED 650K · Oct 2025
7062-bedAED 1.53M · Dec 2023
707StudioAED 610K · Aug 2024
708StudioAED 551K · Feb 2014
1–7 of 9

702, Park Central in numbers

  • Sold twice: first on 13 December 2012 for AED 750,000, last on 12 March 2014 for AED 750,000 (AED 1,067 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 12 March 2014.

Questions about 702, Park Central

What did unit 702 last sell for?

AED 750,000 on 12 March 2014: AED 1,067 per sqft for 702 sqft. The unit has 2 registered sales; the first was AED 750,000 in December 2012.

How big is unit 702?

702 sqft (65.2 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2013.

What is unit 702 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 702, Park Central

Starts from the last sale price (AED 750K, 12 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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