506, Park Terrace
Sold prices and rental history: sold 4 times, last in April 2026, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Park Terrace
What is 506 worth today?
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Source: Dubai Land Department. Updated 13 April 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,452 sqft
- Floor
- 5th of 11
- Parking
- B2/07,08
- Developer
- Madison Holdingo
- Completed
- 2010
- Service charge
- AED 19,400 /yr
- Last sold
- AED 1.5M · April 2026
- Building
- Park Terrace
About 506, Park Terrace
506 is a two-bedroom apartment of 1,452 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 13 April 2026 for AED 1,500,000, or AED 1,033 per sqft, 18% above the AED 879 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 20 October 2024, is AED 73,000 a year: a gross yield of 4.9% on the 2026 price, before the service charge of about AED 19,400 a year.
Sales and rents for 506 over time
506 has sold 4 times; 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 506 sits
All 28 2-beds →506 last sold in April 2026 at AED 1,033 per sqft, 18% above what two-beds in Park Terrace were fetching at the time (AED 879). 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. 506's AED 73,000 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 | ||
| 14 Jan 202614 January 2026 | 1,449 sqft | 1,275,000 | 879 | ||
| 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 | |
| 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 | |
| 505 | 1-bed | 906 sqft | AED 645KAED 645,000 · Oct 2024October 2024 | 55,000 /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 |
506, Park Terrace in numbers
- Sold 4 times: first on 14 January 2016 for AED 1,041,880, last on 13 April 2026 for AED 1,500,000 (AED 1,033 per sqft).
- Rented since September 2016 on 5 Ejari contracts. The rent fell from AED 87,000 to AED 53,000 in 2022 and recovered to AED 73,000 by October 2024.
- At AED 73,000 a year the gross yield on the 2026 price is 4.9%, 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 13 April 2026.
Questions about 506, Park Terrace
What did unit 506 last sell for?
AED 1,500,000 on 13 April 2026: AED 1,033 per sqft for 1,452 sqft. The unit has 4 registered sales; the first was AED 1,041,880 in January 2016.
What is the rent for unit 506?
AED 73,000 a year on the contract signed on 20 October 2024. The previous contract, from December 2022, was AED 53,000; the unit has been rented since September 2016.
How big is unit 506?
1,452 sqft (134.9 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2010.
What is unit 506 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 506, Park Terrace
Starts from the last sale price (AED 1.5M, 13 April 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →