1-bed · 906 sqftPark Terrace, Dubai Silicon Oasis · 4th floor · completed 2010

406, Park Terrace

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

Unit 406 · DLD and Ejari recordsUpdated 11 December 2025
Last soldAED 584K24 July 2014
Current rentAED 73K /yr11 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Park Terrace

What is 406 worth today?

Last sold for AED 584,370 in 2014

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11 Dec 2025RentedNew contract
AED 73,000/yr12 months · AED 99 per sqft
1 Dec 2025RentedRenewal
AED 47,250/yr12 months · AED 52 per sqft
1 Dec 2024RentedRenewal
AED 45,000/yr12 months · AED 50 per sqft
11 Dec 2023RentedNew contract
AED 73,000/yr12 months · AED 99 per sqft
1 Dec 2023RentedNew contract
AED 45,000/yr12 months · AED 50 per sqft
18 Nov 2022RentedNew contract
AED 53,000/yr12 months · AED 72 per sqft
15 Nov 2022RentedRenewal
AED 32,000/yr12 months · AED 35 per sqft
15 Nov 2021RentedNew contract
AED 28,000/yr12 months · AED 31 per sqft

Source: Dubai Land Department. Updated 11 December 2025.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
4th of 11
Parking
B3/100
Developer
Madison Holdingo
Completed
2010
Service charge
AED 12,100 /yr
Last sold
AED 584K · July 2014
Building
Park Terrace

About 406, Park Terrace

406 is a one-bedroom apartment of 906 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 24 July 2014 for AED 584,370, or AED 645 per sqft, 3% above the AED 626 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 15 Ejari contracts. The current contract, signed on 11 December 2025, is AED 73,000 a year: a gross yield of 12.5% on the 2014 price, before the service charge of about AED 12,100 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Park Terrace
400K600K800K2010201520202025Typical sale price by year: 2010 AED 581,608; 2011 AED 451,306; 2012 AED 547,060; 2013 AED 607,846; 2014 AED 519,225; 2015 AED 607,570; 2016 AED 580,600; 2017 AED 640,000; 2018 AED 490,000; 2019 AED 475,000; 2021 AED 317,102; 2023 AED 437,500; 2024 AED 555,000; 2025 AED 690,000; 2026 AED 730,000Sold by developer, July 2014: AED 584,370 (AED 645 per sqft)

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

Rents
Unit 406, each contractTypical one-bed in Park Terrace
25K50K75K2012201620202024Typical rent by year: 2012 AED 44,000; 2013 AED 53,000; 2014 AED 60,000; 2015 AED 70,000; 2016 AED 64,000; 2017 AED 60,000; 2018 AED 50,500; 2019 AED 43,000; 2020 AED 35,000; 2021 AED 30,000; 2022 AED 38,750; 2023 AED 55,000; 2024 AED 61,000; 2025 AED 70,000; 2026 AED 61,450New contract, August 2014: AED 68,000 a yearNew contract, May 2016: AED 57,000 a yearRenewal, May 2017: AED 60,500 a yearRenewal, May 2018: AED 55,000 a yearNew contract, May 2019: AED 51,000 a yearRenewal, May 2020: AED 39,000 a yearRenewal, June 2021: AED 36,000 a yearNew contract, November 2021: AED 28,000 a yearNew contract, November 2022: AED 53,000 a yearRenewal, November 2022: AED 32,000 a yearNew contract, December 2023: AED 73,000 a yearNew contract, December 2023: AED 45,000 a yearRenewal, December 2024: AED 45,000 a yearNew contract, December 2025: AED 73,000 a yearRenewal, December 2025: AED 47,250 a year

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 406 sits

All 49 1-beds →

406 last sold in July 2014 at AED 645 per sqft, 3% above what one-beds in Park Terrace were fetching at the time (AED 626). 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. 406's AED 73,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 May 2026720,000
17 Feb 2026800,000
19 Jan 2026730,000
24 Sep 2025700,000
3 1-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 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
405StudioAED 292K · Aug 2014
4071-bedAED 584K · Jul 2014
4082-bedAED 937K · Jul 2014
1–7 of 9

406, Park Terrace in numbers

  • Sold once: by Madison Holdingo on 24 July 2014 for AED 584,370, or AED 645 per sqft.
  • Rented since August 2014 on 15 Ejari contracts. The rent fell from AED 68,000 to AED 28,000 in 2021 and recovered to AED 73,000 by December 2025.
  • At AED 73,000 a year the gross yield on the 2014 price is 12.5%, 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 11 December 2025.

Questions about 406, Park Terrace

What did unit 406 last sell for?

AED 584,370 on 24 July 2014, sold by the developer: AED 645 per sqft for 906 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 73,000 a year on the contract signed on 11 December 2025. The previous contract, from December 2025, was AED 47,250; the unit has been rented since August 2014.

How big is unit 406?

906 sqft (84.2 sqm): a one-bedroom apartment on the 4th floor of a 11-storey tower completed in 2010.

What is unit 406 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 406, Park Terrace

Starts from the last sale price (AED 584K, 24 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 584,370
Deposit, UAE resident (20%)
AED 116,874
Deposit, non-resident (40%)
AED 233,748
Monthly over 25 years at 3.7%
AED 2,391

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