708, Park Central
Sold prices and rental history: sold twice, last in February 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 708, Park Central
What is 708 worth today?
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Source: Dubai Land Department. Updated 1 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 453 sqft
- Floor
- 7th of 16
- Parking
- B1-05
- Developer
- DAMAC
- Completed
- 2013
- Service charge
- AED 8,500 /yr
- Last sold
- AED 551K · February 2014
- Building
- Park Central
About 708, Park Central
708 is a studio of 453 sqft on the 7th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 24 February 2014 for AED 550,900, or AED 1,215 per sqft, 15% below the AED 1,428 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 52,000 a year: a gross yield of 9.4% on the 2014 price, before the service charge of about AED 8,500 a year.
Sales and rents for 708 over time
708 has sold twice; 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 708 sits
All 46 studios →708 last sold in February 2014 at AED 1,215 per sqft, 15% below what studios in Park Central were fetching at the time (AED 1,428). 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. 708'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 | |
| 707 | Studio | 450 sqft | AED 610KAED 610,000 · Aug 2024August 2024 | 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 |
708, Park Central in numbers
- Sold twice: first on 13 December 2012 for AED 550,900, last on 24 February 2014 for AED 550,900 (AED 1,215 per sqft).
- Rented since February 2014 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 25,000 in 2021 and recovered to AED 52,000 by December 2025.
- At AED 52,000 a year the gross yield on the 2014 price is 9.4%, before a service charge of about AED 8,500 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 1 December 2025.
Questions about 708, Park Central
What did unit 708 last sell for?
AED 550,900 on 24 February 2014: AED 1,215 per sqft for 453 sqft. The unit has 2 registered sales; the first was AED 550,900 in December 2012.
What is the rent for unit 708?
AED 52,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 52,000; the unit has been rented since February 2014.
How big is unit 708?
453 sqft (42.1 sqm): a studio on the 7th floor of a 16-storey tower completed in 2013.
What is unit 708 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 708, Park Central
Starts from the last sale price (AED 551K, 24 February 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 550,900
- Deposit, UAE resident (20%)
- AED 110,180
- Deposit, non-resident (40%)
- AED 220,360
- Monthly over 25 years at 3.7%
- AED 2,254
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →