409, 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.
Property timeline for 409, Park Terrace
What is 409 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,456 sqft
- Floor
- 4th of 11
- Parking
- B3/03,04
- Developer
- Madison Holdingo
- Completed
- 2010
- Service charge
- AED 19,400 /yr
- Last sold
- AED 939K · July 2014
- Building
- Park Terrace
About 409, Park Terrace
409 is a two-bedroom apartment of 1,456 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 939,120, or AED 644 per sqft, 30% above the AED 494 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 17 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 72,600 a year: a gross yield of 7.7% on the 2014 price, before the service charge of about AED 19,400 a year.
Sales and rents for 409 over time
409 has sold once; the dashed line is the two-bed median of each year in the building.
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 409 sits
All 28 2-beds →409 last sold in July 2014 at AED 644 per sqft, 30% above what two-beds in Park Terrace were fetching at the time (AED 494). 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. 409's AED 72,600 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Aug 20266 August 2026 | 1,426 sqft | 1,200,000 | 841 | ||
| 3 Aug 20263 August 2026 | 1,449 sqft | 1,600,000 | 1,104 | ||
| 13 Apr 202613 April 2026 | 1,452 sqft | 1,500,000 | 1,033 | ||
| 14 Jan 202614 January 2026 | 1,449 sqft | 1,275,000 | 879 |
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 | |
| 402 | Studio | 477 sqft | AED 308KAED 307,665 · Aug 2014August 2014 | 143,000 /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 | |
| 410 | 1-bed | 805 sqft | AED 519KAED 519,225 · Aug 2014August 2014 | 48,200 /yr |
409, Park Terrace in numbers
- Sold once: by Madison Holdingo on 22 July 2014 for AED 939,120, or AED 644 per sqft.
- Rented since July 2014 on 17 Ejari contracts. The rent fell from AED 90,000 to AED 45,000 in 2021 and recovered to AED 72,600 by September 2026.
- At AED 72,600 a year the gross yield on the 2014 price is 7.7%, 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 1 September 2026.
Questions about 409, Park Terrace
What did unit 409 last sell for?
AED 939,120 on 22 July 2014, sold by the developer: AED 644 per sqft for 1,456 sqft. It is the only registered sale of the unit.
What is the rent for unit 409?
AED 72,600 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 66,000; the unit has been rented since July 2014.
How big is unit 409?
1,456 sqft (135.3 sqm): a two-bedroom apartment on the 4th floor of a 11-storey tower completed in 2010.
What is unit 409 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 409, Park Terrace
Starts from the last sale price (AED 939K, 22 July 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 939,120
- Deposit, UAE resident (20%)
- AED 187,824
- Deposit, non-resident (40%)
- AED 375,648
- Monthly over 25 years at 3.7%
- AED 3,842
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →