Studio · 450 sqftPark Central, Business Bay · 9th floor · completed 2013

908, Park Central

Sold prices and rental history: sold 3 times, last in April 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 908 · DLD and Ejari recordsUpdated 10 June 2025
Last soldAED 680K16 April 2017
Current rentAED 45K /yr10 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 908, Park Central

What is 908 worth today?

Last sold for AED 680,000 in 2017

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10 Jun 2025RentedRenewal
AED 45,000/yr12 months · AED 100 per sqft
10 Jun 2024RentedNew contract
AED 45,000/yr12 months · AED 100 per sqft
31 May 2022RentedNew contract
AED 38,000/yr12 months · AED 84 per sqft
22 May 2021RentedNew contract
AED 30,000/yr12 months · AED 66 per sqft
18 Jul 2020RentedNew contract
AED 39,999/yr8 months · AED 88 per sqft
18 Jul 2019RentedNew contract
AED 40,000/yr12 months · AED 88 per sqft
16 Apr 2017SoldReady
AED 680,000AED 1,510 per sqft
23 Apr 2014SoldReady
AED 555,100AED 1,232 per sqft

Source: Dubai Land Department. Updated 10 June 2025.

Key facts

Type
Studio apartment
Size
450 sqft
Floor
9th of 16
Parking
B1-27
Developer
DAMAC
Completed
2013
Service charge
AED 8,500 /yr
Last sold
AED 680K · April 2017
Building
Park Central

About 908, Park Central

908 is a studio of 450 sqft on the 9th floor of Park Central, a 16-storey tower in Business Bay completed in 2013 by DAMAC. It last sold on 16 April 2017 for AED 680,000, or AED 1,510 per sqft, 7% below the AED 1,617 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 10 June 2025, is AED 45,000 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 8,500 a year.

Sales and rents for 908 over time

Sales
Unit 908, each saleTypical studio in Park Central
600K800K2012201620202024Typical 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, December 2012: AED 555,100 (AED 1,232 per sqft)Sold, April 2014: AED 555,100 (AED 1,232 per sqft)Sold, April 2017: AED 680,000 (AED 1,510 per sqft)

908 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 908, 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, March 2014: AED 65,000 a yearNew contract, July 2019: AED 40,000 a yearNew contract, July 2020: AED 39,999 a yearNew contract, May 2021: AED 30,000 a yearNew contract, May 2022: AED 38,000 a yearNew contract, June 2024: AED 45,000 a yearRenewal, June 2025: AED 45,000 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 908 sits

All 46 studios →

908 last sold in April 2017 at AED 1,510 per sqft, 7% below what studios in Park Central were fetching at the time (AED 1,617). 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. 908's AED 45,000 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
905StudioAED 419K · Mar 2014
9062-bedAED 900K · May 2017
907StudioAED 540K · May 2014
1–7 of 9

908, Park Central in numbers

  • Sold 3 times: first on 13 December 2012 for AED 555,100, last on 16 April 2017 for AED 680,000 (AED 1,510 per sqft).
  • Rented since March 2014 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 30,000 in 2021 and recovered to AED 45,000 by June 2025.
  • At AED 45,000 a year the gross yield on the 2017 price is 6.6%, 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 10 June 2025.

Questions about 908, Park Central

What did unit 908 last sell for?

AED 680,000 on 16 April 2017: AED 1,510 per sqft for 450 sqft. The unit has 3 registered sales; the first was AED 555,100 in December 2012.

What is the rent for unit 908?

AED 45,000 a year on the contract renewed on 10 June 2025. The previous contract, from June 2024, was AED 45,000; the unit has been rented since March 2014.

How big is unit 908?

450 sqft (41.8 sqm): a studio on the 9th floor of a 16-storey tower completed in 2013.

What is unit 908 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 908, Park Central

Starts from the last sale price (AED 680K, 16 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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