1-bed · 866 sqftPark Central, Business Bay · 9th floor · completed 2013

903, Park Central

Sold prices and rental history: sold 3 times, last in August 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 17 August 2022
Last soldAED 685K17 August 2022
Current rentAED 45K /yr15 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Park Central

What is 903 worth today?

Last sold for AED 685,000 in 2022

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17 Aug 2022SoldReady
AED 685,000AED 791 per sqft
15 Apr 2021RentedNew contract
AED 45,000/yr12 months · AED 52 per sqft
2 Mar 2020RentedRenewal
AED 55,000/yr12 months · AED 64 per sqft
2 Mar 2019RentedRenewal
AED 64,000/yr12 months · AED 74 per sqft
2 Mar 2018RentedNew contract
AED 70,000/yr12 months · AED 81 per sqft
18 Aug 2014SoldReady
AED 1,090,360AED 1,259 per sqft
2 Jan 2013Sold by developerOff-plan
AED 1,090,360AED 1,259 per sqft

Source: Dubai Land Department. Updated 17 August 2022.

Key facts

Type
1-bed apartment
Size
866 sqft
Floor
9th of 16
Parking
B1-21
Developer
DAMAC
Completed
2013
Service charge
AED 16,300 /yr
Last sold
AED 685K · August 2022
Building
Park Central

About 903, Park Central

903 is a one-bedroom apartment of 866 sqft on the 9th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 17 August 2022 for AED 685,000, or AED 791 per sqft, 9% below the AED 871 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 15 April 2021, is AED 45,000 a year: a gross yield of 6.6% on the 2022 price, before the service charge of about AED 16,300 a year.

Sales and rents for 903 over time

Sales
Unit 903, each saleTypical one-bed in Park Central
500K750K1M2012201620202024Typical 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, January 2013: AED 1,090,360 (AED 1,259 per sqft)Sold, August 2014: AED 1,090,360 (AED 1,259 per sqft)Sold, August 2022: AED 685,000 (AED 791 per sqft)

903 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 903, 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 72,000New contract, March 2018: AED 70,000 a yearRenewal, March 2019: AED 64,000 a yearRenewal, March 2020: AED 55,000 a yearNew contract, April 2021: AED 45,000 a year

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 903 sits

All 51 1-beds →

903 last sold in August 2022 at AED 791 per sqft, 9% below what one-beds in Park Central were fetching at the time (AED 871). 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. 903's AED 45,000 is in the lower half of that range.

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 9th floor

All 136 units in Park Central
Value
9012-bedAED 1.65M · Jun 2015
9021-bedAED 870K · Mar 2026
9041-bedAED 800K · Sep 2025
905StudioAED 419K · Mar 2014
9062-bedAED 900K · May 2017
907StudioAED 540K · May 2014
908StudioAED 680K · Apr 2017
1–7 of 9

903, Park Central in numbers

  • Sold 3 times: first on 2 January 2013 for AED 1,090,360, last on 17 August 2022 for AED 685,000 (AED 791 per sqft).
  • Rented since March 2018 on 4 Ejari contracts, from AED 70,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2022 price is 6.6%, before a service charge of about AED 16,300 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 17 August 2022.

Questions about 903, Park Central

What did unit 903 last sell for?

AED 685,000 on 17 August 2022: AED 791 per sqft for 866 sqft. The unit has 3 registered sales; the first was AED 1,090,360 in January 2013.

What is the rent for unit 903?

AED 45,000 a year on the contract signed on 15 April 2021. The previous contract, from March 2020, was AED 55,000; the unit has been rented since March 2018.

How big is unit 903?

866 sqft (80.5 sqm): a one-bedroom apartment on the 9th floor of a 16-storey tower completed in 2013.

What is unit 903 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 903, Park Central

Starts from the last sale price (AED 685K, 17 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 685,000
Deposit, UAE resident (20%)
AED 137,000
Deposit, non-resident (40%)
AED 274,000
Monthly over 25 years at 3.7%
AED 2,803

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