505, Park Terrace
Sold prices and rental history: sold once, by the developer in October 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Park Terrace
What is 505 worth today?
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Source: Dubai Land Department. Updated 22 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 906 sqft
- Floor
- 5th of 11
- Parking
- B2/103
- Developer
- Madison Holdingo
- Completed
- 2010
- Service charge
- AED 12,100 /yr
- Last sold
- AED 645K · October 2024
- Building
- Park Terrace
About 505, Park Terrace
505 is a one-bedroom apartment of 906 sqft on the 5th floor of Park Terrace, a 11-storey tower in Dubai Silicon Oasis completed in 2010 by Madison Holdingo. The developer sold it on 3 October 2024 for AED 645,000, or AED 711 per sqft, 13% above the AED 630 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 11 Ejari contracts. The current contract, signed on 22 November 2025, is AED 55,000 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 12,100 a year.
Sales and rents for 505 over time
505 has sold once; the dashed line is the one-bed median of each year in the building.
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 505 sits
All 49 1-beds →505 last sold in October 2024 at AED 711 per sqft, 13% above what one-beds in Park Terrace were fetching at the time (AED 630). 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. 505's AED 55,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 May 202613 May 2026 | 906 sqft | 720,000 | 794 | ||
| 17 Feb 202617 February 2026 | 906 sqft | 800,000 | 883 | ||
| 19 Jan 202619 January 2026 | 804 sqft | 730,000 | 908 | ||
| 24 Sep 202524 September 2025 | 805 sqft | 700,000 | 869 |
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 | |
| 502 | 2-bed | 1,449 sqft | AED 1.28MAED 1,275,000 · Jan 2026January 2026 | 94,000 /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 | |
| 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 |
505, Park Terrace in numbers
- Sold once: by Madison Holdingo on 3 October 2024 for AED 645,000, or AED 711 per sqft.
- Rented since July 2018 on 11 Ejari contracts. The rent fell from AED 51,000 to AED 34,000 in 2021 and recovered to AED 55,000 by November 2025.
- At AED 55,000 a year the gross yield on the 2024 price is 8.5%, 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 22 November 2025.
Questions about 505, Park Terrace
What did unit 505 last sell for?
AED 645,000 on 3 October 2024, sold by the developer: AED 711 per sqft for 906 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 55,000 a year on the contract signed on 22 November 2025. The previous contract, from November 2024, was AED 55,000; the unit has been rented since July 2018.
How big is unit 505?
906 sqft (84.2 sqm): a one-bedroom apartment on the 5th floor of a 11-storey tower completed in 2010.
What is unit 505 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 505, Park Terrace
Starts from the last sale price (AED 645K, 3 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 645,000
- Deposit, UAE resident (20%)
- AED 129,000
- Deposit, non-resident (40%)
- AED 258,000
- Monthly over 25 years at 3.7%
- AED 2,639
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →