402, Park Terrace
Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Park Terrace
What is 402 worth today?
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Source: Dubai Land Department. Updated 15 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 477 sqft
- Floor
- 4th of 11
- Parking
- B3/96
- Developer
- Madison Holdingo
- Completed
- 2010
- Service charge
- AED 6,400 /yr
- Last sold
- AED 308K · August 2014
- Building
- Park Terrace
About 402, Park Terrace
402 is a studio of 477 sqft on the 4th floor of Park Terrace, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Madison Holdingo. The developer sold it on 3 August 2014 for AED 307,665, or AED 645 per sqft, 13% below the AED 742 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 15 July 2025, is AED 143,000 a year: a gross yield of 46.5% on the 2014 price, before the service charge of about AED 6,400 a year.
Sales and rents for 402 over time
402 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Park Terrace, and where 402 sits
All 13 studios →402 last sold in August 2014 at AED 645 per sqft, 13% below what studios in Park Terrace were fetching at the time (AED 742). Over the last 12 months studios sold for AED 424,840, around AED 890 per sqft, and rent for AED 32,109 to 160,000 a year. 402's AED 143,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 477 sqft | 424,840 | 890 | ||
| 9 Jul 20249 July 2024 | 477 sqft | 355,000 | 744 | ||
| 6 Jun 20176 June 2017 | 486 sqft | 510,000 | 1,049 | ||
| 28 Mar 201728 March 2017 | 447 sqft | 485,000 | 1,084 |
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 4th floor
All 94 units in Park Terrace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 804 sqft | AED 519KAED 518,580 · Jul 2014July 2014 | 44,000 /yr | |
| 403 | 1-bed | 971 sqft | AED 626KAED 626,295 · Aug 2014August 2014 | 30,000 /yr | |
| 404 | 1-bed | 971 sqft | AED 626KAED 626,295 · Aug 2014August 2014 | 30,000 /yr | |
| 405 | Studio | 452 sqft | AED 292KAED 291,540 · Aug 2014August 2014 | 36,000 /yr | |
| 406 | 1-bed | 906 sqft | AED 584KAED 584,370 · Jul 2014July 2014 | 73,000 /yr | |
| 407 | 1-bed | 906 sqft | AED 584KAED 584,370 · Jul 2014July 2014 | 52,000 /yr | |
| 408 | 2-bed | 1,452 sqft | AED 937KAED 936,540 · Jul 2014July 2014 | 75,000 /yr | |
| 409 | 2-bed | 1,456 sqft | AED 939KAED 939,120 · Jul 2014July 2014 | 72,600 /yr | |
| 410 | 1-bed | 805 sqft | AED 519KAED 519,225 · Aug 2014August 2014 | 48,200 /yr |
402, Park Terrace in numbers
- Sold once: by Madison Holdingo on 3 August 2014 for AED 307,665, or AED 645 per sqft.
- Rented since October 2016 on 10 Ejari contracts. The rent fell from AED 48,000 to AED 15,000 in 2022 and recovered to AED 143,000 by July 2025.
- At AED 143,000 a year the gross yield on the 2014 price is 46.5%, before a service charge of about AED 6,400 a year (AED 13.33 per sqft).
- Studios in Park Terrace sold for AED 424,840–424,840 in the 12 months to November 2026; the building's median across all types is AED 883 per sqft.
Source: Dubai Land Department. Updated 15 July 2025.
Questions about 402, Park Terrace
What did unit 402 last sell for?
AED 307,665 on 3 August 2014, sold by the developer: AED 645 per sqft for 477 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 143,000 a year on the contract signed on 15 July 2025. The previous contract, from July 2025, was AED 143,000; the unit has been rented since October 2016.
How big is unit 402?
477 sqft (44.3 sqm): a studio on the 4th floor of a 11-storey tower completed in 2010.
What is unit 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Park Terrace sold for AED 424,840 to 424,840 in the last 12 months, around AED 890 per sqft.
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Mortgage on 402, Park Terrace
Starts from the last sale price (AED 308K, 3 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 307,665
- Deposit, UAE resident (20%)
- AED 61,533
- Deposit, non-resident (40%)
- AED 123,066
- Monthly over 25 years at 3.7%
- AED 1,259
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →