Studio · 452 sqftPark Terrace, Dubai Silicon Oasis · 4th floor · completed 2010

405, Park Terrace

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 13 May 2026
Last soldAED 292K3 August 2014
Current rentAED 36K /yr13 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Park Terrace

What is 405 worth today?

Last sold for AED 291,540 in 2014

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13 May 2026RentedNew contract
AED 36,000/yr12 months · AED 80 per sqft
10 Dec 2025RentedNew contract
AED 95,000/yr12 months · AED 84 per sqft
1 Sep 2025RentedRenewal
AED 39,000/yr12 months · AED 86 per sqft
1 Sep 2024RentedNew contract
AED 37,000/yr12 months · AED 82 per sqft
25 May 2024RentedNew contract
AED 10,000/yr12 months · AED 22 per sqft
10 Dec 2023RentedNew contract
AED 95,000/yr12 months · AED 84 per sqft
10 Mar 2023RentedNew contract
AED 30,000/yr12 months · AED 66 per sqft
3 Dec 2022RentedNew contract
AED 77,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 13 May 2026.

Key facts

Type
Studio apartment
Size
452 sqft
Floor
4th of 11
Parking
B3/99
Developer
Madison Holdingo
Completed
2010
Service charge
AED 6,000 /yr
Last sold
AED 292K · August 2014
Building
Park Terrace

About 405, Park Terrace

405 is a studio of 452 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 291,540, 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 2015 on 14 Ejari contracts. The current contract, signed on 13 May 2026, is AED 36,000 a year: a gross yield of 12.3% on the 2014 price, before the service charge of about AED 6,000 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical studio in Park Terrace
300K350K400K2010201220142016Typical sale price by year: 2010 AED 341,963; 2014 AED 359,440; 2015 AED 400,000Sold by developer, August 2014: AED 291,540 (AED 645 per sqft)

405 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 405, each contractTypical studio in Park Terrace
050K100K2013201720212025Typical rent by year: 2013 AED 30,500; 2015 AED 48,500; 2017 AED 43,000; 2018 AED 37,500; 2019 AED 33,400; 2020 AED 25,500; 2021 AED 21,500; 2022 AED 30,000; 2023 AED 71,000; 2024 AED 70,000; 2025 AED 70,000; 2026 AED 48,500New contract, October 2015: AED 45,000 a yearNew contract, June 2018: AED 38,000 a yearNew contract, June 2019: AED 36,000 a yearRenewal, September 2019: AED 36,000 a yearNew contract, September 2020: AED 25,000 a yearNew contract, February 2022: AED 22,000 a yearNew contract, December 2022: AED 77,000 a yearNew contract, March 2023: AED 30,000 a yearNew contract, December 2023: AED 95,000 a yearNew contract, May 2024: AED 10,000 a yearNew contract, September 2024: AED 37,000 a yearRenewal, September 2025: AED 39,000 a yearNew contract, December 2025: AED 95,000 a yearNew contract, May 2026: AED 36,000 a year

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 405 sits

All 13 studios →

405 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. 405's AED 36,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
7 Sep 2026424,840
9 Jul 2024355,000
6 Jun 2017510,000
28 Mar 2017485,000
1 studio sale 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 4th floor

All 94 units in Park Terrace
Value
4011-bedAED 519K · Jul 2014
402StudioAED 308K · Aug 2014
4031-bedAED 626K · Aug 2014
4041-bedAED 626K · Aug 2014
4061-bedAED 584K · Jul 2014
4071-bedAED 584K · Jul 2014
4082-bedAED 937K · Jul 2014
1–7 of 9

405, Park Terrace in numbers

  • Sold once: by Madison Holdingo on 3 August 2014 for AED 291,540, or AED 645 per sqft.
  • Rented since October 2015 on 14 Ejari contracts. The rent fell from AED 45,000 to AED 10,000 in 2024 and recovered to AED 36,000 by May 2026.
  • At AED 36,000 a year the gross yield on the 2014 price is 12.3%, before a service charge of about AED 6,000 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 13 May 2026.

Questions about 405, Park Terrace

What did unit 405 last sell for?

AED 291,540 on 3 August 2014, sold by the developer: AED 645 per sqft for 452 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 36,000 a year on the contract signed on 13 May 2026. The previous contract, from December 2025, was AED 95,000; the unit has been rented since October 2015.

How big is unit 405?

452 sqft (42.0 sqm): a studio on the 4th floor of a 11-storey tower completed in 2010.

What is unit 405 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 405, Park Terrace

Starts from the last sale price (AED 292K, 3 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 291,540
Deposit, UAE resident (20%)
AED 58,308
Deposit, non-resident (40%)
AED 116,616
Monthly over 25 years at 3.7%
AED 1,193

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