Studio · 339 sqftPark Central, Business Bay · 9th floor · completed 2013

905, Park Central

Sold prices and rental history: sold twice, last in March 2014, and rented once, from June 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 905 · DLD and Ejari recordsUpdated 21 June 2022
Last soldAED 419K18 March 2014
Current rentAED 40K /yr21 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 905, Park Central

What is 905 worth today?

Last sold for AED 419,300 in 2014

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21 Jun 2022RentedNew contract
AED 40,000/yr12 months · AED 116 per sqft
18 Mar 2014SoldReady
AED 419,300AED 1,235 per sqft
2 Jan 2013Sold by developerOff-plan
AED 419,300AED 1,235 per sqft

Source: Dubai Land Department. Updated 21 June 2022.

Key facts

Type
Studio apartment
Size
339 sqft
Floor
9th of 16
Parking
B1-23
Developer
DAMAC
Completed
2013
Service charge
AED 6,400 /yr
Last sold
AED 419K · March 2014
Building
Park Central

About 905, Park Central

905 is a studio of 339 sqft on the 9th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 18 March 2014 for AED 419,300, or AED 1,235 per sqft, 13% below the AED 1,413 studios in the building were fetching at the time.

One Ejari contract is registered, from 21 June 2022. The current contract, signed on 21 June 2022, is AED 40,000 a year: a gross yield of 9.5% on the 2014 price, before the service charge of about AED 6,400 a year.

Sales and rents for 905 over time

Sales
Unit 905, each saleTypical studio in Park Central
400K600K800K2012201620202024Typical sale price by year: 2012 AED 455,000; 2013 AED 649,950; 2014 AED 605,250; 2015 AED 750,000; 2017 AED 640,000; 2023 AED 600,000; 2024 AED 595,000; 2025 AED 640,000; 2026 AED 590,000Sold by developer, January 2013: AED 419,300 (AED 1,235 per sqft)Sold, March 2014: AED 419,300 (AED 1,235 per sqft)

905 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 905, each contractTypical studio in Park Central
40K60K2014201820222026Typical rent by year: 2014 AED 65,000; 2015 AED 64,000; 2016 AED 63,000; 2017 AED 55,000; 2018 AED 45,000; 2019 AED 40,000; 2020 AED 30,000; 2021 AED 30,000; 2022 AED 38,000; 2023 AED 45,000; 2024 AED 52,500; 2025 AED 55,000; 2026 AED 52,900New contract, June 2022: AED 40,000 a year

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 905 sits

All 46 studios →

905 last sold in March 2014 at AED 1,235 per sqft, 13% below what studios in Park Central were fetching at the time (AED 1,413). 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. 905's AED 40,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
2 Nov 2026540,000
23 Jun 2026585,000
18 May 2026595,000
2 Feb 2026650,000
5 studio 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
9031-bedAED 685K · Aug 2022
9041-bedAED 800K · Sep 2025
9062-bedAED 900K · May 2017
907StudioAED 540K · May 2014
908StudioAED 680K · Apr 2017
1–7 of 9

905, Park Central in numbers

  • Sold twice: first on 2 January 2013 for AED 419,300, last on 18 March 2014 for AED 419,300 (AED 1,235 per sqft).
  • Rented since June 2022 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2014 price is 9.5%, before a service charge of about AED 6,400 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 21 June 2022.

Questions about 905, Park Central

What did unit 905 last sell for?

AED 419,300 on 18 March 2014: AED 1,235 per sqft for 339 sqft. The unit has 2 registered sales; the first was AED 419,300 in January 2013.

What is the rent for unit 905?

AED 40,000 a year on the contract signed on 21 June 2022.

How big is unit 905?

339 sqft (31.5 sqm): a studio on the 9th floor of a 16-storey tower completed in 2013.

What is unit 905 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 905, Park Central

Starts from the last sale price (AED 419K, 18 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 419,300
Deposit, UAE resident (20%)
AED 83,860
Deposit, non-resident (40%)
AED 167,720
Monthly over 25 years at 3.7%
AED 1,715

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