508, Park Terrace
Sold prices and rental history: sold 3 times, last in September 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Park Terrace
What is 508 worth today?
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Source: Dubai Land Department. Updated 29 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 805 sqft
- Floor
- 5th of 11
- Parking
- B2/102
- Developer
- Madison Holdingo
- Completed
- 2010
- Service charge
- AED 10,700 /yr
- Last sold
- AED 700K · September 2025
- Building
- Park Terrace
About 508, Park Terrace
508 is a one-bedroom apartment of 805 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 24 September 2025 for AED 700,000, or AED 869 per sqft, 22% above the AED 710 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 29 August 2026, is AED 62,000 a year: a gross yield of 8.9% on the 2025 price, before the service charge of about AED 10,700 a year.
Sales and rents for 508 over time
508 has sold 3 times; 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 508 sits
All 49 1-beds →508 last sold in September 2025 at AED 869 per sqft, 22% above what one-beds in Park Terrace were fetching at the time (AED 710). 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. 508's AED 62,000 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 | ||
| 3 Jun 20253 June 2025 | 805 sqft | 646,000 | 802 |
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 | |
| 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, Park Terrace in numbers
- Sold 3 times: first on 23 January 2011 for AED 559,475, last on 24 September 2025 for AED 700,000 (AED 869 per sqft).
- Rented since November 2013 on 12 Ejari contracts. The rent fell from AED 53,000 to AED 28,000 in 2021 and recovered to AED 62,000 by August 2026.
- At AED 62,000 a year the gross yield on the 2025 price is 8.9%, before a service charge of about AED 10,700 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 29 August 2026.
Questions about 508, Park Terrace
What did unit 508 last sell for?
AED 700,000 on 24 September 2025: AED 869 per sqft for 805 sqft. The unit has 3 registered sales; the first was AED 559,475 in January 2011.
What is the rent for unit 508?
AED 62,000 a year on the contract signed on 29 August 2026. The previous contract, from January 2026, was AED 84,000; the unit has been rented since November 2013.
How big is unit 508?
805 sqft (74.8 sqm): a one-bedroom apartment on the 5th floor of a 11-storey tower completed in 2010.
What is unit 508 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 508, Park Terrace
Starts from the last sale price (AED 700K, 24 September 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →