1101, Park Terrace
Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1101, Park Terrace
What is 1101 worth today?
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Source: Dubai Land Department. Updated 31 October 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,154 sqft
- Floor
- 11th of 11
- Parking
- B3/62
- Developer
- Madison Holdingo
- Completed
- 2010
- Service charge
- AED 28,700 /yr
- Last sold
- AED 1.28M · October 2024
- Building
- Park Terrace
About 1101, Park Terrace
1101 is a three-bedroom apartment of 2,154 sqft on the 11th floor of Park Terrace, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Madison Holdingo. It last sold on 31 October 2024 for AED 1,275,000, or AED 591 per sqft.
It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 16 July 2024, is AED 77,583 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 28,700 a year.
Sales and rents for 1101 over time
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Park Terrace, and where 1101 sits
All 4 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202527 January 2025 | 2,076 sqft | 1,775,000 | 855 | ||
| 16 Jan 202516 January 2025 | 2,218 sqft | 1,500,000 | 676 | ||
| 16 Mar 202316 March 2023 | 2,169 sqft | 1,300,000 | 599 | ||
| 30 Jun 201530 June 2015 | 2,169 sqft | 1,406,470 | 648 |
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 11th floor
All 94 units in Park Terrace1101, Park Terrace in numbers
- Sold twice: first on 9 March 2016 for AED 1,514,096, last on 31 October 2024 for AED 1,275,000 (AED 591 per sqft).
- Rented since December 2012 on 12 Ejari contracts, from AED 75,000 to AED 77,583 a year.
- At AED 77,583 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 28,700 a year (AED 13.33 per sqft).
Source: Dubai Land Department. Updated 31 October 2024.
Questions about 1101, Park Terrace
What did unit 1101 last sell for?
AED 1,275,000 on 31 October 2024: AED 591 per sqft for 2,154 sqft. The unit has 2 registered sales; the first was AED 1,514,096 in March 2016.
What is the rent for unit 1101?
AED 77,583 a year on the contract signed on 16 July 2024. The previous contract, from February 2024, was AED 78,000; the unit has been rented since December 2012.
How big is unit 1101?
2,154 sqft (200.1 sqm): a three-bedroom apartment on the 11th floor of a 11-storey tower completed in 2010.
What is unit 1101 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1101, Park Terrace
Starts from the last sale price (AED 1.28M, 31 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,275,000
- Deposit, UAE resident (20%)
- AED 255,000
- Deposit, non-resident (40%)
- AED 510,000
- Monthly over 25 years at 3.7%
- AED 5,216
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →