2-bed · 1,452 sqftPark Terrace, Dubai Silicon Oasis · 3rd floor · completed 2010

308, Park Terrace

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 10 March 2026
Last soldAED 909K26 August 2010
Current rentAED 86K /yr10 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Park Terrace

What is 308 worth today?

Last sold for AED 908,952 in 2010

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10 Mar 2026RentedRenewal
AED 85,995/yr12 months · AED 84 per sqft
3 Dec 2025RentedNew contract
AED 85,000/yr12 months · AED 58 per sqft
10 Mar 2025RentedRenewal
AED 81,900/yr12 months · AED 80 per sqft
10 Mar 2025RentedRenewal
AED 81,900/yr12 months · AED 80 per sqft
10 Mar 2024RentedRenewal
AED 78,000/yr12 months · AED 76 per sqft
18 May 2023RentedNew contract
AED 70,000/yr12 months · AED 48 per sqft
10 Mar 2023RentedNew contract
AED 78,000/yr12 months · AED 76 per sqft
5 Dec 2018RentedNew contract
AED 68,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 10 March 2026.

Key facts

Type
2-bed apartment
Size
1,452 sqft
Floor
3rd of 11
Parking
B1/95
Developer
Madison Holdingo
Completed
2010
Service charge
AED 19,400 /yr
Last sold
AED 909K · August 2010
Building
Park Terrace

About 308, Park Terrace

308 is a two-bedroom apartment of 1,452 sqft on the 3rd floor of Park Terrace, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Madison Holdingo. The developer sold it on 26 August 2010 for AED 908,952, or AED 625 per sqft, 4% below the AED 649 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 10 March 2026, is AED 85,995 a year: a gross yield of 9.5% on the 2010 price, before the service charge of about AED 19,400 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in Park Terrace
500K1M2010201520202025Typical sale price by year: 2010 AED 944,525; 2014 AED 794,295; 2015 AED 1,071,875; 2021 AED 507,167; 2026 AED 1,280,000Sold by developer, August 2010: AED 908,952 (AED 625 per sqft)

308 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 308, each contractTypical two-bed in Park Terrace
60K80K2012201620202024Typical rent by year: 2012 AED 63,000; 2013 AED 63,500; 2014 AED 70,000; 2015 AED 85,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 76,500; 2019 AED 71,000; 2020 AED 60,000; 2021 AED 52,500; 2022 AED 59,925; 2023 AED 65,000; 2024 AED 74,000; 2025 AED 85,000; 2026 AED 90,000New contract, March 2013: AED 57,000 a yearNew contract, May 2014: AED 80,000 a yearNew contract, April 2015: AED 82,000 a yearRenewal, April 2016: AED 82,000 a yearRenewal, April 2017: AED 78,000 a yearNew contract, December 2018: AED 68,000 a yearNew contract, March 2023: AED 78,000 a yearNew contract, May 2023: AED 70,000 a yearRenewal, March 2024: AED 78,000 a yearRenewal, March 2025: AED 81,900 a yearRenewal, March 2025: AED 81,900 a yearNew contract, December 2025: AED 85,000 a yearRenewal, March 2026: AED 85,995 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Park Terrace, and where 308 sits

All 28 2-beds →

308 last sold in August 2010 at AED 625 per sqft, 4% below what two-beds in Park Terrace were fetching at the time (AED 649). Over the last 12 months two-beds sold for AED 1,200,000 to 1,600,000, around AED 879 per sqft, and rent for AED 57,750 to 145,000 a year. 308's AED 85,995 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Aug 20261,200,000
3 Aug 20261,600,000
13 Apr 20261,500,000
14 Jan 20261,275,000
5 2-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 3rd floor

All 94 units in Park Terrace
Value
3011-bedAED 550K · Dec 2015
302StudioAED 299K · Nov 2012
3031-bedAED 608K · May 2021
3041-bedAED 590K · May 2023
305StudioAED 283K · Nov 2012
3061-bedAED 645K · Aug 2024
3071-bedAED 640K · Sep 2024
1–7 of 9

308, Park Terrace in numbers

  • Sold once: by Madison Holdingo on 26 August 2010 for AED 908,952, or AED 625 per sqft.
  • Rented since March 2013 on 13 Ejari contracts, from AED 57,000 to AED 85,995 a year.
  • At AED 85,995 a year the gross yield on the 2010 price is 9.5%, before a service charge of about AED 19,400 a year (AED 13.33 per sqft).
  • Two-beds in Park Terrace sold for AED 1,200,000–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 883 per sqft.

Source: Dubai Land Department. Updated 10 March 2026.

Questions about 308, Park Terrace

What did unit 308 last sell for?

AED 908,952 on 26 August 2010, sold by the developer: AED 625 per sqft for 1,452 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 85,995 a year on the contract renewed on 10 March 2026. The previous contract, from December 2025, was AED 85,000; the unit has been rented since March 2013.

How big is unit 308?

1,452 sqft (134.9 sqm): a two-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2010.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Park Terrace sold for AED 1,200,000 to 1,600,000 in the last 12 months, around AED 879 per sqft.

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Mortgage on 308, Park Terrace

Starts from the last sale price (AED 909K, 26 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 908,952
Deposit, UAE resident (20%)
AED 181,790
Deposit, non-resident (40%)
AED 363,581
Monthly over 25 years at 3.7%
AED 3,719

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