1004, Park Terrace
Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1004, Park Terrace
What is 1004 worth today?
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Source: Dubai Land Department. Updated 12 July 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 906 sqft
- Floor
- 10th of 11
- Parking
- B3/39
- Developer
- Madison Holdingo
- Completed
- 2010
- Service charge
- AED 12,100 /yr
- Last sold
- AED 450K · July 2023
- Building
- Park Terrace
About 1004, Park Terrace
1004 is a one-bedroom apartment of 906 sqft on the 10th floor of Park Terrace, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Madison Holdingo. It last sold on 12 July 2023 for AED 450,000, or AED 496 per sqft, 6% below the AED 528 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 15 January 2021, is AED 29,000 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 12,100 a year.
Sales and rents for 1004 over time
1004 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Park Terrace, and where 1004 sits
All 49 1-beds →1004 last sold in July 2023 at AED 496 per sqft, 6% below what one-beds in Park Terrace were fetching at the time (AED 528). Over the last 12 months one-beds sold for AED 720,000 to 800,000, around AED 883 per sqft, and rent for AED 30,000 to 143,000 a year. 1004's AED 29,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 May 202613 May 2026 | 906 sqft | 720,000 | 794 | ||
| 17 Feb 202617 February 2026 | 906 sqft | 800,000 | 883 | ||
| 19 Jan 202619 January 2026 | 804 sqft | 730,000 | 908 | ||
| 24 Sep 202524 September 2025 | 805 sqft | 700,000 | 869 |
Park Terrace
Building94 apartments, studios to 3-bed over 11 floors in Dubai Silicon Oasis, completed in 2010 by Madison Holdingo. 9 sold in the last 12 months.
- Typical price per sqft
- AED 883
- Typical sale
- AED 1.2M
- Typical rent
- AED 73K /yr
- Typical yield
- 8.2%
Other units on the 10th floor
All 94 units in Park Terrace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 804 sqft | AED 547KAED 546,720 · Feb 2012February 2012 | 55,000 /yr | |
| 1002 | 2-bed | 1,449 sqft | AED 507KAED 507,167 · May 2021May 2021 | 90,000 /yr | |
| 1003 | 2-bed | 1,426 sqft | AED 499KAED 499,105 · May 2021May 2021 | 96,338 /yr | |
| 1005 | 1-bed | 906 sqft | AED 540KAED 540,000 · Jan 2024January 2024 | 60,000 /yr | |
| 1006 | 2-bed | 1,452 sqft | AED 508KAED 508,298 · May 2021May 2021 | 84,700 /yr | |
| 1007 | 2-bed | 1,456 sqft | AED 510KAED 509,616 · May 2021May 2021 | 110,000 /yr | |
| 1008 | 1-bed | 805 sqft | AED 547KAED 547,400 · Feb 2012February 2012 | 40,000 /yr |
1004, Park Terrace in numbers
- Sold 3 times: first on 15 June 2010 for AED 634,200, last on 12 July 2023 for AED 450,000 (AED 496 per sqft).
- Rented since January 2013 on 5 Ejari contracts, from AED 45,000 to AED 29,000 a year.
- At AED 29,000 a year the gross yield on the 2023 price is 6.4%, before a service charge of about AED 12,100 a year (AED 13.33 per sqft).
- One-beds in Park Terrace sold for AED 720,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 883 per sqft.
Source: Dubai Land Department. Updated 12 July 2023.
Questions about 1004, Park Terrace
What did unit 1004 last sell for?
AED 450,000 on 12 July 2023: AED 496 per sqft for 906 sqft. The unit has 3 registered sales; the first was AED 634,200 in June 2010.
What is the rent for unit 1004?
AED 29,000 a year on the contract signed on 15 January 2021. The previous contract, from April 2020, was AED 40,000; the unit has been rented since January 2013.
How big is unit 1004?
906 sqft (84.2 sqm): a one-bedroom apartment on the 10th floor of a 11-storey tower completed in 2010.
What is unit 1004 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Park Terrace sold for AED 720,000 to 800,000 in the last 12 months, around AED 883 per sqft.
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Mortgage on 1004, Park Terrace
Starts from the last sale price (AED 450K, 12 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →