502, Park Terrace
Sold prices and rental history: sold twice, last in January 2026, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Park Terrace
What is 502 worth today?
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Source: Dubai Land Department. Updated 10 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,449 sqft
- Floor
- 5th of 11
- Parking
- B2/01,02
- Developer
- Madison Holdingo
- Completed
- 2010
- Service charge
- AED 19,300 /yr
- Last sold
- AED 1.28M · January 2026
- Building
- Park Terrace
About 502, Park Terrace
502 is a two-bedroom apartment of 1,449 sqft on the 5th floor of Park Terrace, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Madison Holdingo. It last sold on 14 January 2026 for AED 1,275,000, or AED 879 per sqft, in line with the AED 854 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 18 Ejari contracts. The current contract, signed on 10 March 2026, is AED 94,000 a year: a gross yield of 7.4% on the 2026 price, before the service charge of about AED 19,300 a year.
Sales and rents for 502 over time
502 has sold twice; 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 502 sits
All 28 2-beds →502 last sold in January 2026 at AED 879 per sqft, in line with what two-beds in Park Terrace were fetching at the time (AED 854). 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. 502's AED 94,000 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 | ||
| 13 Jan 202613 January 2026 | 1,456 sqft | 1,280,000 | 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 5th floor
All 94 units in Park Terrace| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 804 sqft | AED 470KAED 470,000 · May 2019May 2019 | 100,000 /yr | |
| 503 | 2-bed | 1,426 sqft | AED 665KAED 665,000 · Feb 2012February 2012 | 85,229 /yr | |
| 504 | 1-bed | 906 sqft | AED 730KAED 730,000 · May 2025May 2025 | 80,000 /yr | |
| 505 | 1-bed | 906 sqft | AED 645KAED 645,000 · Oct 2024October 2024 | 55,000 /yr | |
| 506 | 2-bed | 1,452 sqft | AED 1.5MAED 1,500,000 · Apr 2026April 2026 | 73,000 /yr | |
| 507 | 2-bed | 1,456 sqft | AED 900KAED 900,000 · Jan 2024January 2024 | 126,000 /yr | |
| 508 | 1-bed | 805 sqft | AED 700KAED 700,000 · Sep 2025September 2025 | 62,000 /yr |
502, Park Terrace in numbers
- Sold twice: first on 9 February 2014 for AED 652,050, last on 14 January 2026 for AED 1,275,000 (AED 879 per sqft).
- Rented since November 2012 on 18 Ejari contracts. The rent fell from AED 68,000 to AED 50,000 in 2021 and recovered to AED 94,000 by March 2026.
- At AED 94,000 a year the gross yield on the 2026 price is 7.4%, before a service charge of about AED 19,300 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 10 March 2026.
Questions about 502, Park Terrace
What did unit 502 last sell for?
AED 1,275,000 on 14 January 2026: AED 879 per sqft for 1,449 sqft. The unit has 2 registered sales; the first was AED 652,050 in February 2014.
What is the rent for unit 502?
AED 94,000 a year on the contract signed on 10 March 2026. The previous contract, from March 2026, was AED 142,000; the unit has been rented since November 2012.
How big is unit 502?
1,449 sqft (134.6 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2010.
What is unit 502 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 502, Park Terrace
Starts from the last sale price (AED 1.28M, 14 January 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,275,000
- Deposit, UAE resident (20%)
- AED 255,000
- Deposit, non-resident (40%)
- AED 510,000
- Monthly over 25 years at 3.7%
- AED 5,216
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →