307, Park Terrace
Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, Park Terrace
What is 307 worth today?
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Source: Dubai Land Department. Updated 23 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 906 sqft
- Floor
- 3rd of 11
- Parking
- B1/94
- Developer
- Madison Holdingo
- Completed
- 2010
- Service charge
- AED 12,100 /yr
- Last sold
- AED 640K · September 2024
- Building
- Park Terrace
About 307, Park Terrace
307 is a one-bedroom apartment of 906 sqft on the 3rd floor of Park Terrace, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Madison Holdingo. It last sold on 23 September 2024 for AED 640,000, or AED 706 per sqft, 12% above the AED 630 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 6 November 2023, is AED 107,000 a year: a gross yield of 16.7% on the 2024 price, before the service charge of about AED 12,100 a year.
Sales and rents for 307 over time
307 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 307 sits
All 49 1-beds →307 last sold in September 2024 at AED 706 per sqft, 12% above what one-beds in Park Terrace were fetching at the time (AED 630). 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. 307's AED 107,000 is in the upper half 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 3rd floor
All 94 units in Park Terrace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 804 sqft | AED 550KAED 550,000 · Dec 2015December 2015 | 85,995 /yr | |
| 302 | Studio | 477 sqft | AED 299KAED 298,602 · Nov 2012November 2012 | 143,000 /yr | |
| 303 | 1-bed | 971 sqft | AED 608KAED 607,846 · May 2021May 2021 | 58,000 /yr | |
| 304 | 1-bed | 971 sqft | AED 590KAED 590,000 · May 2023May 2023 | 60,000 /yr | |
| 305 | Studio | 452 sqft | AED 283KAED 282,952 · Nov 2012November 2012 | 80,000 /yr | |
| 306 | 1-bed | 906 sqft | AED 645KAED 645,000 · Aug 2024August 2024 | 75,000 /yr | |
| 308 | 2-bed | 1,452 sqft | AED 909KAED 908,952 · Aug 2010August 2010 | 85,995 /yr | |
| 309 | 2-bed | 1,456 sqft | AED 1.28MAED 1,280,000 · Jan 2026January 2026 | 100,000 /yr | |
| 310 | 1-bed | 805 sqft | AED 504KAED 503,930 · Jul 2016July 2016 | 40,000 /yr |
307, Park Terrace in numbers
- Sold 3 times: first on 16 April 2014 for AED 567,156, last on 23 September 2024 for AED 640,000 (AED 706 per sqft).
- Rented since April 2019 on 5 Ejari contracts. The rent fell from AED 42,000 to AED 28,000 in 2020 and recovered to AED 107,000 by November 2023.
- At AED 107,000 a year the gross yield on the 2024 price is 16.7%, 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 23 September 2024.
Questions about 307, Park Terrace
What did unit 307 last sell for?
AED 640,000 on 23 September 2024: AED 706 per sqft for 906 sqft. The unit has 3 registered sales; the first was AED 567,156 in April 2014.
What is the rent for unit 307?
AED 107,000 a year on the contract renewed on 6 November 2023. The previous contract, from May 2023, was AED 41,000; the unit has been rented since April 2019.
How big is unit 307?
906 sqft (84.2 sqm): a one-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2010.
What is unit 307 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 307, Park Terrace
Starts from the last sale price (AED 640K, 23 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 640,000
- Deposit, UAE resident (20%)
- AED 128,000
- Deposit, non-resident (40%)
- AED 256,000
- Monthly over 25 years at 3.7%
- AED 2,618
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →