707, Park Central
Sold prices and rental history: sold 4 times, last in August 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 707, Park Central
What is 707 worth today?
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Source: Dubai Land Department. Updated 25 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 450 sqft
- Floor
- 7th of 16
- Parking
- B1-04
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 8,400 /yr
- Last sold
- AED 610K · August 2024
- Building
- Park Central
About 707, Park Central
707 is a studio of 450 sqft on the 7th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 6 August 2024 for AED 610,000, or AED 1,355 per sqft, 20% above the AED 1,133 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 25 September 2026, is AED 52,000 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 8,400 a year.
Sales and rents for 707 over time
707 has sold 4 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Park Central, and where 707 sits
All 46 studios →707 last sold in August 2024 at AED 1,355 per sqft, 20% above what studios in Park Central were fetching at the time (AED 1,133). Over the last 12 months studios sold for AED 540,000 to 650,000, around AED 1,343 per sqft, and rent for AED 46,000 to 90,486 a year. 707's AED 52,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 458 sqft | 540,000 | 1,180 | ||
| 23 Jun 202623 June 2026 | 450 sqft | 585,000 | 1,299 | ||
| 18 May 202618 May 2026 | 443 sqft | 595,000 | 1,343 | ||
| 2 Feb 20262 February 2026 | 454 sqft | 650,000 | 1,432 |
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 | |
| 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 | |
| 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 |
707, Park Central in numbers
- Sold 4 times: first on 9 May 2013 for AED 660,800, last on 6 August 2024 for AED 610,000 (AED 1,355 per sqft).
- Rented since March 2015 on 9 Ejari contracts. The rent fell from AED 71,000 to AED 26,000 in 2021 and recovered to AED 52,000 by September 2026.
- At AED 52,000 a year the gross yield on the 2024 price is 8.5%, before a service charge of about AED 8,400 a year (AED 18.77 per sqft).
- Studios in Park Central sold for AED 540,000–650,000 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 25 September 2026.
Questions about 707, Park Central
What did unit 707 last sell for?
AED 610,000 on 6 August 2024: AED 1,355 per sqft for 450 sqft. The unit has 4 registered sales; the first was AED 660,800 in May 2013.
What is the rent for unit 707?
AED 52,000 a year on the contract renewed on 25 September 2026. The previous contract, from September 2025, was AED 58,000; the unit has been rented since March 2015.
How big is unit 707?
450 sqft (41.8 sqm): a studio on the 7th floor of a 16-storey tower completed in 2013.
What is unit 707 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Park Central sold for AED 540,000 to 650,000 in the last 12 months, around AED 1,343 per sqft.
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Mortgage on 707, Park Central
Starts from the last sale price (AED 610K, 6 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 610,000
- Deposit, UAE resident (20%)
- AED 122,000
- Deposit, non-resident (40%)
- AED 244,000
- Monthly over 25 years at 3.7%
- AED 2,496
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →