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

407, Park Terrace

Sold prices and rental history: sold once, by the developer in July 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 12 November 2026
Last soldAED 584K22 July 2014
Current rentAED 52K /yr12 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Park Terrace

What is 407 worth today?

Last sold for AED 584,370 in 2014

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12 Nov 2026RentedNew contract
AED 52,000/yr12 months · AED 57 per sqft
27 Jan 2026RentedRenewal
AED 143,000/yr12 months · AED 105 per sqft
1 Oct 2025RentedRenewal
AED 44,000/yr12 months · AED 49 per sqft
27 Jan 2025RentedNew contract
AED 143,000/yr12 months · AED 105 per sqft
27 Jan 2025RentedNew contract
AED 143,000/yr12 months · AED 105 per sqft
1 Oct 2024RentedRenewal
AED 40,000/yr12 months · AED 44 per sqft
1 Oct 2023RentedRenewal
AED 35,880/yr12 months · AED 40 per sqft
15 Jun 2023RentedNew contract
AED 123,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 12 November 2026.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
4th of 11
Parking
B3/101
Developer
Madison Holdingo
Completed
2010
Service charge
AED 12,100 /yr
Last sold
AED 584K · July 2014
Building
Park Terrace

About 407, Park Terrace

407 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 22 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 2019 on 13 Ejari contracts. The current contract, signed on 12 November 2026, is AED 52,000 a year: a gross yield of 8.9% on the 2014 price, before the service charge of about AED 12,100 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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)

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

Rents
Unit 407, each contractTypical one-bed in Park Terrace
100K2012201620202024Typical 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, November 2019: AED 43,000 a yearRenewal, November 2020: AED 36,000 a yearNew contract, September 2021: AED 26,000 a yearRenewal, October 2022: AED 31,200 a yearNew contract, April 2023: AED 120,000 a yearNew contract, June 2023: AED 123,000 a yearRenewal, October 2023: AED 35,880 a yearRenewal, October 2024: AED 40,000 a yearNew contract, January 2025: AED 143,000 a yearNew contract, January 2025: AED 143,000 a yearRenewal, October 2025: AED 44,000 a yearRenewal, January 2026: AED 143,000 a yearNew contract, November 2026: AED 52,000 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 407 sits

All 49 1-beds →

407 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. 407's AED 52,000 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
4061-bedAED 584K · Jul 2014
4082-bedAED 937K · Jul 2014
1–7 of 9

407, Park Terrace in numbers

  • Sold once: by Madison Holdingo on 22 July 2014 for AED 584,370, or AED 645 per sqft.
  • Rented since November 2019 on 13 Ejari contracts. The rent fell from AED 43,000 to AED 26,000 in 2021 and recovered to AED 52,000 by November 2026.
  • At AED 52,000 a year the gross yield on the 2014 price is 8.9%, 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 12 November 2026.

Questions about 407, Park Terrace

What did unit 407 last sell for?

AED 584,370 on 22 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 407?

AED 52,000 a year on the contract signed on 12 November 2026. The previous contract, from January 2026, was AED 143,000; the unit has been rented since November 2019.

How big is unit 407?

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

What is unit 407 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 407, Park Terrace

Starts from the last sale price (AED 584K, 22 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 →