704, Park Central
Sold prices and rental history: sold twice, last in March 2014, 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 704, Park Central
What is 704 worth today?
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Source: Dubai Land Department. Updated 8 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 641 sqft
- Floor
- 7th of 16
- Parking
- B1-01
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 12,000 /yr
- Last sold
- AED 666K · March 2014
- Building
- Park Central
About 704, Park Central
704 is a one-bedroom apartment of 641 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 665,700, or AED 1,038 per sqft, 11% below the AED 1,167 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 8 September 2026, is AED 72,000 a year: a gross yield of 10.8% on the 2014 price, before the service charge of about AED 12,000 a year.
Sales and rents for 704 over time
704 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 704 sits
All 51 1-beds →704 last sold in March 2014 at AED 1,038 per sqft, 11% 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. 704's AED 72,000 is in the upper 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 7th floor
All 136 units in Park Central| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,324 sqft | AED 1.7MAED 1,700,000 · Nov 2015November 2015 | 120,000 /yr | |
| 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 | |
| 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 |
704, Park Central in numbers
- Sold twice: first on 22 November 2012 for AED 665,700, last on 12 March 2014 for AED 665,700 (AED 1,038 per sqft).
- Rented since April 2014 on 9 Ejari contracts. The rent fell from AED 90,000 to AED 42,000 in 2020 and recovered to AED 72,000 by September 2026.
- At AED 72,000 a year the gross yield on the 2014 price is 10.8%, before a service charge of about AED 12,000 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 8 September 2026.
Questions about 704, Park Central
What did unit 704 last sell for?
AED 665,700 on 12 March 2014: AED 1,038 per sqft for 641 sqft. The unit has 2 registered sales; the first was AED 665,700 in November 2012.
What is the rent for unit 704?
AED 72,000 a year on the contract signed on 8 September 2026. The previous contract, from January 2026, was AED 77,000; the unit has been rented since April 2014.
How big is unit 704?
641 sqft (59.6 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2013.
What is unit 704 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 704, Park Central
Starts from the last sale price (AED 666K, 12 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 665,700
- Deposit, UAE resident (20%)
- AED 133,140
- Deposit, non-resident (40%)
- AED 266,280
- Monthly over 25 years at 3.7%
- AED 2,724
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →