3-bed · 2,076 sqftPark Terrace, Dubai Silicon Oasis · 11th floor · completed 2010

1102, Park Terrace

Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 27 January 2025
Last soldAED 1.78M27 January 2025
Current rentAED 90K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Park Terrace

What is 1102 worth today?

Last sold for AED 1,775,000 in 2025

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27 Jan 2025SoldReady
AED 1,775,000AED 855 per sqft
1 Feb 2024RentedRenewal
AED 90,000/yr12 months · AED 43 per sqft
1 Feb 2023RentedRenewal
AED 76,500/yr12 months · AED 37 per sqft
3 Feb 2022RentedRenewal
AED 74,000/yr12 months · AED 36 per sqft
3 Feb 2021RentedNew contract
AED 70,000/yr12 months · AED 34 per sqft
20 Oct 2017RentedNew contract
AED 100,000/yr12 months · AED 48 per sqft
1 Feb 2016RentedRenewal
AED 95,000/yr12 months · AED 46 per sqft
1 Feb 2015RentedNew contract
AED 95,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 27 January 2025.

Key facts

Type
3-bed apartment
Size
2,076 sqft
Floor
11th of 11
Parking
B3/64,63
Developer
Madison Holdingo
Completed
2010
Service charge
AED 27,700 /yr
Last sold
AED 1.78M · January 2025
Building
Park Terrace

About 1102, Park Terrace

1102 is a three-bedroom apartment of 2,076 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 27 January 2025 for AED 1,775,000, or AED 855 per sqft, 26% above the AED 676 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 90,000 a year: a gross yield of 5.1% on the 2025 price, before the service charge of about AED 27,700 a year.

Sales and rents for 1102 over time

Rents
Unit 1102, each contractTypical three-bed in Park Terrace
80K100K2014201720202023Typical rent by year: 2014 AED 85,000; 2015 AED 85,000; 2021 AED 70,000; 2022 AED 70,000; 2023 AED 77,000; 2024 AED 84,000New contract, February 2014: AED 95,000 a yearNew contract, February 2015: AED 95,000 a yearRenewal, February 2016: AED 95,000 a yearNew contract, October 2017: AED 100,000 a yearNew contract, February 2021: AED 70,000 a yearRenewal, February 2022: AED 74,000 a yearRenewal, February 2023: AED 76,500 a yearRenewal, February 2024: AED 90,000 a year

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 1102 sits

All 4 3-beds →

1102 last sold in January 2025 at AED 855 per sqft, 26% above what three-beds in Park Terrace were fetching at the time (AED 676).

Recent 3-bed salesUnit no.Price (AED)Summary
16 Jan 20251,500,000
31 Oct 20241,275,000
16 Mar 20231,300,000
9 Mar 20161,514,096
0 3-bed sales in the last 12 months

Park Terrace

Building

94 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%
Park Terrace, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 11th floor

All 94 units in Park Terrace
Value
11013-bedAED 1.28M · Oct 2024
11033-bedAED 1.5M · Jan 2025
11043-bedAED 1.3M · Mar 2023

1102, Park Terrace in numbers

  • Sold twice: first on 24 January 2011 for AED 1,347,880, last on 27 January 2025 for AED 1,775,000 (AED 855 per sqft).
  • Rented since February 2014 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 70,000 in 2021 and recovered to AED 90,000 by February 2024.
  • At AED 90,000 a year the gross yield on the 2025 price is 5.1%, before a service charge of about AED 27,700 a year (AED 13.33 per sqft).

Source: Dubai Land Department. Updated 27 January 2025.

Questions about 1102, Park Terrace

What did unit 1102 last sell for?

AED 1,775,000 on 27 January 2025: AED 855 per sqft for 2,076 sqft. The unit has 2 registered sales; the first was AED 1,347,880 in January 2011.

What is the rent for unit 1102?

AED 90,000 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 76,500; the unit has been rented since February 2014.

How big is unit 1102?

2,076 sqft (192.9 sqm): a three-bedroom apartment on the 11th floor of a 11-storey tower completed in 2010.

What is unit 1102 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 1102, Park Terrace

Starts from the last sale price (AED 1.78M, 27 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,775,000
Deposit, UAE resident (20%)
AED 355,000
Deposit, non-resident (40%)
AED 710,000
Monthly over 25 years at 3.7%
AED 7,262

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